{"id":56260,"date":"2023-12-18T23:15:25","date_gmt":"2023-12-18T20:15:25","guid":{"rendered":"https:\/\/api.pozirk.online\/?post_type=articles&p=56260"},"modified":"2026-02-24T20:40:57","modified_gmt":"2026-02-24T20:40:57","slug":"bielstat-economy-grew-by-3-8-percent-in-january-november-2023","status":"publish","type":"articles","link":"https:\/\/pozirk.online\/en\/news\/56260\/","title":{"rendered":"Bie\u0142stat: economy grew by 3.8 percent in January-November 2023"},"content":{"rendered":"\n

November 18, Pozirk.<\/em><\/strong> The Belarusian economy in January-November 2023 amounted to 198.1 billion rubels (over $60 billion at the current exchange rate), an increase of 3.8 percent over the same period in 2022, Bie\u0142stat said.<\/p>\n\n\n\n

This was the same as the annual growth of 3.8 percent for January-October 2023.<\/p>\n\n\n\n

In 2022, the gross domestic product dropped by 4.7 percent. In January 2023, it rose by 5 percent from January 2022. Annual growth was 3.6 percent in January-February and 2.1 percent in the first quarter. GDP increased by 0.6 percent in January-April, by 0.9 percent in January-May and by 2 percent in the first half of the year. The periods of January-July, January-August and January-September saw growth of 2.9 percent, 3.1 percent and 3.5 percent, respectively.<\/p>\n\n\n\n

Almost all sectors of the Belarusian economy are recovering, Economy Minister Alaksandar \u010carviako\u016d told journalists following the Council of Ministers meeting on November 15.<\/p>\n\n\n\n

\u201cWe have fully offset losses in foreign markets. Overall, the economy is developing steadily and sustainably. We will maintain this level [until the end of the year],\u201d he said.<\/p>\n\n\n\n

\n\n \"\"\n
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\n (Pixabay.com)<\/span>\n <\/div>\n <\/figcaption>\n<\/figure>\n\n\n\n

According to the key economic forecast parameters approved by Alaksandar \u0141uka\u0161enka for 2023, GDP should grow by 3.8 percent.<\/p>\n\n\n\n

The European Bank for Reconstruction and Development expected \u201ca GDP decline of 1.0 per cent\u201d in Belarus in 2023, \u201cfollowed by a modest recovery in 2024, with growth of 1.3 per cent, subject to significant downside risks.\u201d<\/p>\n\n\n\n

Fitch Ratings expected \u201cfurther recession\u201d with Belarus\u2019 GDP falling by 1.3 percent in 2023 and by 0.3 percent in 2024.<\/p>\n\n\n\n

The World Bank forecast in the spring that the Belarusian economy would grow by 0.6 percent this year. However, in the fall it raised its forecast to 3 percent.<\/p>\n\n\n\n

Experts expect Belarus\u2019 GDP to grow by 0.8 percent in 2024 and by 0.7 percent in 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"

November 18, Pozirk. The Belarusian economy in January-November 2023 amounted to 198.1 billion rubels (over $60 billion at the current exchange rate), an increase of 3.8 percent over the same period in 2022, Bie\u0142stat said. This was the same as the annual growth of 3.8 percent for January-October 2023. In 2022, the gross domestic product […]<\/p>\n","protected":false},"author":75,"featured_media":56040,"template":"","rubric":[17],"class_list":["post-56260","articles","type-articles","status-publish","has-post-thumbnail","hentry","rubric-economy"],"acf":[],"yoast_head":"\nBie\u0142stat: economy grew by 3.8 percent in January-November 2023 | Pozirk<\/title>\n<meta name=\"description\" content=\"November 18, Pozirk. 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