Belarus' GDP decreased by 4.7% in 2022

Belarus' GDP fell by 4.7% in January-October this year, Sputnik reported. The volume of GDP at current prices amounted to 159 billion Belarusian rubles. The share of the IT sector in Belarus' GDP reached 7%.

Earlier it became known that for 9 months of 2022, Belarus' GDP decreased by 4.7%. At the same time, for 8 months of this year, the decline in the most important economic indicator was 4.9%. This suggests that the economy has stopped shrinking.

According to the most important parameters of the forecast of socio-economic development of Belarus for 2022, GDP growth was planned at the level of 2.9% to the level of 2021.

The head of the Belarusian government forecast GDP to increase by 3.8% in 2023.

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Photo: 24tv.ua