Express Analysis

Express Analysis is an operational analysis of the status of the key macroeconomic indicators of Belarus.

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Express Analysis. July 2026

Belarus’s GDP grew by 3% YoY in Q2-2026 Over the half-year, GDP grew by 1.5% YoY, and in June alone by ≈3.5% YoY. Compared to May 2026, output edged slightly downward (seasonally adjusted). However, thanks to strong dynamics in the…

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Express Analysis. May 2026

Belarus’s GDP returned to peak levels in April 2026 In January – April 2026, GDP grew by 0.2% YoY, while in April alone it increased by ≈1.8% YoY. Compared to March 2026, output rose by ≈0.6% (seasonally adjusted). The recovery…

Read MoreExpress Analysis. May 2026

Express Analysis. April 2026

The Belarusian economy expanded noticeably in March 2026, but overall showed subdued output dynamics in Q1-2026 In March 2026, Belarus’s GDP increased by more than 1% compared to February. As a result, GDP exceeded the level of March 2025 by…

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Express Analysis. March 2026

Economic activity in Belarus remained subdued in February 2026 GDP increased by ≈0.4% in February compared to January 2026 (seasonally adjusted). Growth was supported by an increase in investment, which was of a corrective nature after weak results in Q4-2025…

Read MoreExpress Analysis. March 2026

Express Analysis. January 2026

Belarus’s economy grew by 1.3% in 2025, while the scale of its overheating declined significantly In Q4-2025, GDP increased by ≈0.4% compared with Q4-2024, following the growth of 0.8% YoY in the previous quarter. This corresponds to the seasonally adjusted…

Read MoreExpress Analysis. January 2026