Belarus’ gross domestic product (GDP) reduced by 2.8% YoY in January-October to 78.097 billion Belarusian rubles ($39.87 billion at the central bank’s exchange rate), an official with Belarus’ National Statistics Committee reported.
Industrial output in January-October fell by 1.5% YoY to Br64.93 billion ($33.15 billion).
Farm output grew b 3.8% YoY to Br13.547 billion ($6.92 billion).
As previously reported, Belarus’ GDP reduced by 3.9% in 2015 to Br87 billion ($44.42 billion), while the government had expected the GDP to expand by at least 0.2% in 2015. To compare, in 2014 Belarus’ GDP grew by 1.7% to Br77.8 billion ($39.72 billion), while the government had expected the GDP to expand by 3.3% in 2014. (Prime-TASS/Business World Magazine)