2024

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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