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We present a new issue of the analytical bulletin "Express Analysis" within the project Belarus Economy Monitor.
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) in September decreased by 0.7–0.8% compared to August. The volatility of agricultural and construction activity had a restraining effect on output dynamics in early autumn, while manufacturing activity showed a slight corrective increase.
Read the full study at the link.
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