Gross Domestic Product by expenditure approach

Nominal GDP
Current prices, BYN million

2018 *)

quarter
I

quarter
II

quarter
III

quarter
IV

Year

Gross domestic product

26 766.1

29 341.8

33 127.3

33 084.5

122 319.7

including:

Final consumption

19 090.7

21 031.1

21 723.6

22 913.3

84 758.7

households

14 435.3

15 935.2

17 256.5

16 864.2

64 491.2

government

4 424.1

4 865.8

4 223.5

5 739.1

19 252.5

non-profit institutions serving households

231.3

230.1

243.6

310.0

1 015.0

Gross accumulation

6 667.0

7 220.9

9 463.2

10 994.9

34 346.0

gross fixed capital formation

6 587.5

7 016.5

7 771.2

10 706.1

32 081.3

changes in inventories

79.5

204.4

1 692.0

288.8

2 264.7

Net exports

737.5

119.8

1 356.2

-358.7

1 854.8

exports

19 533.8

21 304.2

22 428.2

22 914.2

86 180.4

imports

18 796.3

21 184.4

21 072.0

23 272.9

84 325.6

Statistical discrepancy

270.9

970.0

584.3

-465.0

1 360.2





Real GDP
Average annual prices of 2018, BYN million

2018

quarter
I

quarter
II

quarter
III

quarter
IV

Year

Gross domestic product

28 137.8

29 586.5

32 726.7

31 868.7

122 319.7

including:

 

 

 

 

 

Final consumption expenditure

19 629.6

21 271.4

21 992.7

21 865.0

84 758.7

households

14 649.6

16 300.7

16 960.3

16 580.6

64 491.2

government

4 746.3

4 743.6

4 787.2

4 975.4

19 252.5

non-profit institutions
serving households

233.7

227.1

245.2

309.0

1 015.0

Gross capital formation

7 087.3

7 526.8

9 250.4

10 481.5

34 346.0

gross fixed capital formation

7 005.6

7 319.9

7 555.8

10 200.0

32 081.3

changes in inventories

81.7

206.9

1 694.6

281.5

2 264.7

Net exports

756.2

110.9

1 334.2

-346.5

1 854.8

exports

20 212.4

21 685.5

22 312.7

21 969.8

86 180.4

imports 

19 456.2

21 574.6

20 978.5

22 316.3

84 325.6

Statistical discrepancy 

664.7

677.4

149.4

-131.3

1 360.2



Real GDP
Average annual prices of 2014, BYN million

2018

quarter
I

quarter
II

quarter
III

quarter
IV

Year

Gross domestic product

18 384.1

19 751.6

21 037.4

20 714.2

79 887.3

including:

 

 

 

 

 

Final consumption expenditure

13 272.8

14 168.1

14 634.7

14 303.3

56 378.9

households

10 416.9

11 314.3

11 780.0

11 455.2

44 966.4

government

2 730.5

2 727.5

2 733.3

2 714.0

10 905.3

non-profit institutions serving households

125.4

126.3

121.4

134.1

507.2

Gross capital formation

4 295.4

4 931.4

6 444.4

7 167.2

22 838.4

gross fixed capital formation

4 240.4

4 791.9

5 301.7

6 977.3

21 311.3

changes in inventories

55.0

139.5

1 142.7

189.9

1 527.1

Net exports 

1 737.9

1 631.0

919.3

262.7

4 550.9

exports

13 066.5

13 816.6

13 076.9

11 768.1

51 728.1

imports 

11 328.6

12 185.6

12 157.6

11 505.4

47 177.2

Statistical discrepancy

-922.0

-978.9

-961.0

-1 019.0

-3 880.9



2018 *)

quarter
I

quarter
II

quarter
III

quarter
IV

Year

Gross domestic product

105.2

104.1

102.2

101.6

103.1

including:

Final consumption

106.5

107.1

105.3

105.9

106.2

households

108.5

109.4

106.7

107.4

108.0

government

99.4

98.8

99.7

100.3

99.6

non-profit institutions serving households

106.3

103.5

103.2

104.9

104.5

Gross accumulation

114.8

110.1

99.6

99.8

104.4

gross fixed capital formation

118.1

105.2

103.6

97.5

104.4

changes in inventories**)

-

-

-

-

-

Net exports**)

-

-

-

-

-

exports

111.4

102.4

103.5

98.2

103.8

imports

115.8

106.6

105.8

102.1

107.3



*) The data are recalculated taking into account the final calculations of GDP for 2018 and changes in the Balance of Payments (20.09.2019).
**) When volumes in two comparable periods are opposite in sign, the volume index is irrational and can not be reflected in the tables.