Eurasian Development Bank records higher investment activity in Belarus

The Eurasian Development Bank has recorded the growth of investment activity in Belarus, BelTA learned from the weekly macro review of the Eurasian Development Bank.

“Investment activity in Belarus is showing growth. Fixed investment grew by 7.6% in January-September year-on-year following 7.1% in January-August,” the bank stressed.

GDP in Belarus grew by 4.5% in January-September 2024 after 4.9% in January-August. According to the Eurasian Development Bank, industry continues to be the main driver of the economy, providing about 2% of GDP growth.

Trade contributed about 0.7% on the back of an increase in retail trade by 11.8% and the growth of wholesale trade by 6% in January-September. The agricultural sector showed output growth of 5.1%, contributing about 0.4% to economic growth.

Written by .belta.by