GDP by expenditure approach
Current prices, BYN million
2024 | |||||
quarter I |
quarter II |
quarter III |
quarter IV |
Year | |
Gross domestic product | 54 177.1 | 59 150.8 | 67 329.9 | 65 929.0 | 246 586.8 |
including: | |||||
Final consumption expenditure | 41 677.3 | 44 954.5 | 48 404.5 | 51 883.3 | 186 919.6 |
households* | 31 379.2 | 32 339.7 | 36 957.2 | 37 571.6 | 138 247.7 |
general government | 9 914.5 | 12 157.7 | 10 976.5 | 13 810.0 | 46 858.7 |
non-profit institutions serving households | 383.6 | 457.1 | 470.8 | 501.7 | 1 813.2 |
Gross capital formation | 10 448.6 | 13 077.1 | 18 904.7 | 21 277.4 | 63 707.8 |
gross fixed capital formation | 10 347.9 | 13 353.1 | 15 080.3 | 19 906.8 | 58 688.1 |
changes in inventories | 100.7 | -276.0 | 3 824.4 | 1 370.6 | 5 019.7 |
Net exports* | 78.3 | 305.3 | -801.1 | -3 996.5 | -4 414.0 |
exports* | 37 089.2 | 39 654.2 | 41 813.9 | 41 881.8 | 160 439.1 |
imports* | 37 010.9 | 39 348.9 | 42 615.0 | 45 878.3 | 164 853.1 |
Statistical discrepancy | 1 972.9 | 813.9 | 821.8 | -3 235.2 | 373.4 |
GDP by expenditure approach
Average annual prices of 2022, BYN million
2024 | |||||
quarter I |
quarter II |
quarter III |
quarter IV |
Year | |
Gross domestic product | 46 765.7 | 51 506.0 | 55 780.5 | 55 772.9 | 209 825.1 |
including: | |||||
Final consumption expenditure | 36 523.0 | 38 561.8 | 41 136.7 | 42 991.6 | 159 213.1 |
households* | 28 283.3 | 29 858.6 | 32 560.4 | 33 750.5 | 124 452.8 |
general government | 7 940.0 | 8 378.1 | 8 225.2 | 8 912.7 | 33 456.0 |
non-profit institutions serving households | 299.7 | 325.1 | 351.1 | 328.4 | 1 304.3 |
Gross capital formation | 9 714.7 | 11 139.0 | 14 302.9 | 16 760.4 | 51 917.0 |
gross fixed capital formation | 9 625.6 | 11 375.5 | 11 096.4 | 15 489.2 | 47 586.7 |
changes in inventories | 89.1 | -236.5 | 3 206.5 | 1 271.2 | 4 330.3 |
Net exports* | 2 813.9 | 3 222.8 | 3 083.8 | -2 132.4 | 6 988.1 |
exports* | 34 544.7 | 38 428.1 | 40 398.3 | 36 220.7 | 149 591.8 |
imports* | 31 730.8 | 35 205.3 | 37 314.5 | 38 353.1 | 142 603.7 |
Statistical discrepancy | -2 285.9 | -1 417.6 | -2 742.9 | -1 846.7 | -8 293.1 |
GDP by expenditure approach
Average annual prices of 2022, as percent of corresponding period of previous year
2024 | |||||
quarter I |
quarter II |
quarter III |
quarter IV |
Year | |
Gross domestic product | 104.3 | 105.6 | 103.8 | 102.5 | 104.0 |
including: | |||||
Final consumption expenditure | 109.2 | 108.1 | 109.7 | 111.2 | 109.6 |
households* | 112.1 | 110.7 | 112.5 | 114.7 | 112.6 |
general government | 100.0 | 100.0 | 100.0 | 100.3 | 100.1 |
non-profit institutions serving households | 100.6 | 100.6 | 100.5 | 100.7 | 100.6 |
Gross capital formation | 100.9 | 105.7 | 110.5 | 109.5 | 107.2 |
gross fixed capital formation | 106.1 | 109.9 | 107.6 | 107.5 | 107.8 |
changes in inventories** | - | - | - | - | - |
Net exports** | - | - | - | - | - |
exports* | 105.0 | 107.9 | 101.1 | 98.5 | 102.9 |
imports* | 99.2 | 104.0 | 109.4 | 107.8 | 105.3 |
* The data are recalculated taking into account the changes in the Balance of Payments (21.03.2025).
** When volume values in two comparable periods are opposite in sign or negative, the volume index is irrational and cannot be reflected in the table.
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