GDP growth of Belarus in January-August amounted to 1.9%

According to the results of January-August 2026, the growth of the Belarusian economy amounted to 1.9% year-on-year, which is slightly lower than in January-July, when growth was estimated at 2.1% yoy, the correspondent of the Minsk-Novosti agency reports.

The EDB noted that the slowdown in dynamics is primarily due to the alignment of the timing of grain harvesting: the expansion of agricultural production slowed to 6.5% yoy after 12.9% yoy a month earlier, as well as cooling activity in industry and construction.

Consumer demand continues to support the economy. Retail turnover increased by 8.4% yoy, accelerating compared to 8.1% yoy in the previous period. This is facilitated by an increase in real disposable incomes of the population, which in January-July added 8.1% yoy.

Experts note that in the absence of new shocks, the growth of the Belarusian economy may exceed the forecast and amount to more than 2% by the end of 2026.