Belarus' GDP fell 1.2% year-on-year in Jan–Feb 2026, with inflation rising, despite a 2.8% growth target.

Belarus' GDP reached $14.65 billion (43.9 billion Belarusian rubles) in January-February 2026, down 1.2% in real terms compared to the same period in 2025. The GDP deflator rose 9.3% year-on-year, indicating inflationary pressure. The government aims for 2.8% GDP growth in 2026, according to a presidential decree.