Belarus’ GDP rose significantly in August due to agriculture, while excluding its contribution, growth remained close to zero
Over the first eight months of 2025, GDP increased by 1.6% YoY, while in August alone it rose by ≈3.6% YoY. The output expansion was driven by the buildup of agricultural production amid a delayed grain harvest and higher yields. Excluding agriculture, GDP growth in August 2025 is estimated at about 0.1% YoY after ≈0.1% YoY and ≈0.6% YoY in July and June 2025, respectively.