The Ministry of Economy told which industries in Belarus are the leaders in terms of contribution to GDP

After eight months, all industries contribute positively to the overall economic result. The leaders in terms of growth in gross value added are agriculture, trade, transport, information and communication. This was reported in the press service of the Ministry of Economy, writes sb.by.

According to the National Statistical Committee, in January-August of this year, GDP grew by 1.9% and amounted to й 209.1 billion.

In agriculture, for the first eight months, the production rate was 106.5%. The slowdown compared to last month is due to the leveling of the pace of the grain harvesting campaign. Dynamics in crop production is provided mainly by an increase in rapeseed threshing by 1.5 times, in livestock - an increase in production volumes, including due to an increase in animal productivity.

Results in the IT sector (GVA growth rate of 104.4%) are provided by an increase in the number of employees and the number of orders.

In the transport industry, passenger and cargo turnover are added - plus 7.6% and 2.7%, respectively.

Retail turnover increased by 8.4%, which was facilitated by the growth of real incomes of the population. In wholesale trade, there is also a positive trend - the pace of 100.2%.

According to the results of January-August, the industry was entrenched in the “green zone”: the rate of industrial production was 100.2%. At the same time, products go to shelves, not to warehouses: as of September 1, 2026, the cost of inventories amounted to 75.9% of the average monthly production volume, which is 4.6 percentage points lower than the same period last year. As a result, the profitability of sales, net profit and the level of wages in the industry are growing.

Over 8 months, more than 2 million square meters of housing were commissioned, including about 275,000 square meters with state support.

Investment in fixed assets increased by 3.1%. Enterprises continue to increase spending on technological upgrades and equipment purchases – a rate of 105.8%.

Exports of goods and services in January-July 2026 (according to the methodology of the balance of payments) were 14.1% higher than the level of the same period last year. The geographical structure recorded a strengthening of positions in the CIS markets (growth by 23%) and the countries of the far arc (1.4 times). The main driver is services: in January-July 2026 an increase of 24.7%. As a result, the total balance of foreign trade was positive.

The efficient work of the economy allowed to ensure a high level of wages: in January-July, about 2960. The average age pension exceeded 1060.