In 2025, Belarus reached a historic peak in GDP: approximately $88.6bn. The country expects its export volume to hit a decade-high, surpassing $50bn, while service exports are projected to reach $11.2bn for the first time. Additionally, the real cash incomes of the population have grown by 23.4 percent. These initial figures for 2025 and the five-year period were reported by Economy Minister Yuri Chebotar, BelTA reports.
“Despite global instability and various challenges — including the COVID-19 pandemic, unprecedented sanctions pressure and disruptions in supply chains — we are ending the five-year period with strong results. The primary achievement is economic growth, along with better welfare and an improved quality of life for citizens,” Mr. Chebotar highlighted, referencing key statistics.
GDP has reached a record high of approximately $88.6bn. Exports of goods and services have increased by around 35 percent over the five years. In 2025, exports are expected to hit a decade-high, surpassing $50bn. An investment cycle has been initiated: for the third year in a row, investments in fixed capital have grown at rates significantly higher than GDP growth. This fosters greater competitiveness, the appearance of new product categories and strengthens the basis for future progress.
“The stable functioning of the economy has enabled a strong increase in real disposable incomes of the population — 23.4 percent compared to the planned 20.2 percent. This was also facilitated by strict control over inflationary processes,” Mr. Chebotar added.
The country’s economic potential is strengthening. Both industrial production and labour productivity in relation to GDP are increasing rapidly, with estimated growth rates of 15.2 percent and 13.7 percent respectively over the past five years.