Belarus's GDP grows 2% in Jan-Sept 2026

MINSK. Oct 19 (Interfax) - Belarus's GDP amounted to 237 billion Belarusian rubles in January-September 2026, up 2% year-on-year, the National Statistical Committee (Belstat) said.

The GDP deflator index for January-September was equal to 111.7%.

It was previously reported that the growth rate of the Belarusian economy slowed to 1.9% in 8M from 2.1% in January-July. Prior to that, the rate had been recovering consistently. The country's economy grew 1.5% in H1, 0.9% in January-May and 0.2% in January-April after a decline of 0.4% in Q1.

The Belarusian authorities have set a goal of ensuring economic growth of at least 2.8% in 2026. The International Monetary Fund (IMF) forecasts that the country's GDP will grow 1.9% this year, the World Bank expects 2.3%, the European Bank for Reconstruction and Development (EBRD) expects growth of 1.3%, and the Eurasian Fund for Stabilization and Development (EFSD) predicts 2%.

Belarus's GDP grew 1.3% in 2025, after growing 4% in 2024 and 3.9% in 2023 and declining 4.7% in 2022.

The official exchange rate on October 19 is 3.01 Belarusian rubles/$1.