2023

GDP by expenditure approach
Current prices, BYN million

2023

quarter
I

quarter
II

quarter
III

quarter
IV

Year

Gross domestic product

46 840.1

51 083.3

59 042.0

59 134.9

216 100.3

including:

 

 

 

 

 

Final consumption expenditure

35 064.9

38 492.7

40 777.4

42 985.1

157 320.1

households

26 359.5

27 802.9

31 261.4

31 465.0

116 888.8

government

8 376.4

10 325.7

9 162.4

11 154.6

39 019.1

non-profit institutions serving households

329.0

364.1

353.6

365.5

1 412.2

Gross capital formation

9 053.4

10 906.5

15 035.2

17 064.6

52 059.7

gross fixed capital formation

8 615.4

10 662.7

12 219.7

15 724.1

47 221.9

changes in inventories

438.0

243.8

2 815.5

1 340.5

4 837.8

Net exports*)

492.1

148.3

1 835.5

-1 094.5

1 381.4

exports*)

32 148.3

33 500.8

38 377.7

40 369.3

144 396.1

imports*)

31 656.2

33 352.5

36 542.2

41 463.8

143 014.7

Statistical discrepancy

2 229.7

1 535.8

1 393.9

179.7

5 339.1





GDP by expenditure approach
Average annual prices of 2018, BYN million

2023

quarter
I

quarter
II

quarter
III

quarter
IV

Year

Gross domestic product

28 416.4

29 923.5

33 873.7

32 843.1

125 056.7

including:

 

 

 

 

 

Final consumption expenditure

22 322.5

23 671.7

24 784.5

25 106.6

95 885.3

households

17 452.3

18 891.5

19 803.2

19 956.7

76 103.7

government

4 651.1

4 572.0

4 753.8

4 860.7

18 837.6

non-profit institutions serving households

219.1

208.2

227.5

289.2

944.0

Gross capital formation

6 364.8

6 366.7

8 283.4

9 626.5

30 641.4

gross fixed capital formation

6 100.6

6 228.9

6 788.1

8 978.6

28 096.2

changes in inventories

264.2

137.8

1 495.3

647.9

2 545.2

Net exports*)

-1 189.7

-675.6

1 230.6

-109.3

-744.0

exports*)

19 099.8

21 029.4

23 408.5

22 835.4

86 373.1

imports*)

20 289.5

21 705.0

22 177.9

22 944.7

87 117.1

Statistical discrepancy

918.8

560.7

-424.8

-1 780.7

-726.0





GDP by expenditure approach
Average annual prices of 2018,
as percent of corresponding period of previous year

2023

quarter
I

quarter
II

quarter
III

quarter
IV

Year

Gross domestic product

98.1

106.1

106.2

104.8

103.9

including:

 

 

 

 

 

Final consumption expenditure

101.7

110.3

106.9

107.8

106.7

households

101.9

113.5

108.8

110.1

108.6

government

101.0

99.6

100.2

99.8

100.1

non-profit institutions serving households

99.8

99.3

99.5

99.4

99.5

Gross capital formation

100.9

117.9

114.4

115.5

112.3

gross fixed capital formation

97.8

116.0

120.2

118.5

113.2

changes in inventories**)

-

-

-

-

-

Net exports**)

-

-

-

-

-

exports*)

111.4

130.3

126.2

109.1

118.7

imports*)

118.6

144.1

124.2

109.0

122.6



*The data are recalculated taking into account the changes in the Balance of Payments (22.03.2024).
**When volumes in two comparable periods are opposite in sign, the volume index is irrational and can not be reflected in the tables.


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