Belarus’s GDP continued to decline in November 2025, and the extent of economic overheating narrowed sharply For the eleven months of 2025, GDP grew by 1.3% YoY, and in November alone it declined by ≈0.6% YoY. Industrial output fell to…
We present a new issue of the analytical bulletin “The Consumer Confidence Index” within the project Belarus Economy Monitor.
The bulletin “Labour Market and Social Sphere” provides an overview of developments in the labour market and the social sector in Belarus.
Belarus’s economy continued to slow down in October 2025 For the ten months of 2025, GDP grew by 1.5% YoY, and in October alone – by ≈0.6% YoY. The volume of GDP (seasonally adjusted) in October decreased by ≈1% compared…
The momentum of high economic growth in Belarus has been exhausted Belarus’s GDP grew by 0.8% YoY in Q3-2025 after 1.0% in Q2; seasonally adjusted quarterly growth remained near zero. A decline in exports amid weaker demand in Russia was…
Monetary policy in Belarus remained subordinated to the goal of stimulating investment activity rather than ensuring price stability In Q3-2025, the National Bank actively issued rubles through the purchase of government bonds and foreign currency and did not withdraw excess…
Belarus’ GDP showed near-zero growth in Q3-2025 due to a decline in export-oriented industrial output Over the first nine months of 2025, GDP grew by 1.6% YoY, and separately in September – by ≈1.3% YoY. The GDP volume (seasonally adjusted)…
Inflation in Belarus declined significantly in Q3-2025 and is expected to settle near 7.5% YoY by the end of 2025. Annual inflation stood at 7.1% YoY in September 2025. The annualized quarterly price growth slowed more than twofold – to…
We present a new issue of the analytical bulletin “The Consumer Confidence Index” within the project Belarus Economy Monitor.
Belarus’ GDP rose significantly in August due to agriculture, while excluding its contribution, growth remained close to zeroOver the first eight months of 2025, GDP increased by 1.6% YoY, while in August alone it rose by ≈3.6% YoY. The output…