Belarus GDP Data & Country Report

Belarus Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Belarus; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

National Bank of the Republic of Belarus

International Reserves

US$ 4.716 billion (Source: IMF; Data updated: November 2011)

Gross Domestic Product - GDP

US$ 66.559 billion (2009 estimate)

GDP (Purchasing Power Parity)

141.662 billion of International dollars (2009 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
5.8%	4.7%	5%	7%	11.5%	9.4%	10%	8.6%
2008	2009	2010	2011*
10.2%	0.2%	7.6%	6.8%

*Estimate

GDP per capita - current prices

US$ 7,092 (2009 estimate)

GDP per capita - PPP

$15,094 International Dollars (2009 estimate)

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
N/A	N/A	0.12%	0.18%	0.18%

**Forecast

GDP - composition by sector

agriculture: 9.6%
industry: 46.4%
services: 44% (2011 estimate)

(Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
14.8%(2008)	13%	7.7%	12.9%

*Estimate

Unemployment rate

2008	2009	2010	2011*
0.8%	0.9%	0.7%(2009)	0.7%

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
11.5%	11.5%	20%	22.4%	25.3%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
2.3%	3.4%	-0.4%	-4%	-4.7%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: B+/Negative/B

Moody's rating: B1

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
N/A	N/A	N/A

Largest companies in Belarus

N/A

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ -10.4 billion (2009 estimate)(After 2008)

Current account balance by percentage of GDP

-15.7% of GDP (2009 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

58% (2009)

(Data released on December 2010)

Shares in world total merchandising export

0.17%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0.12%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

US$24.49 billion f.o.b. (2010 estimate)

Export commodities

machinery and equipment, mineral products, chemicals, metals, textiles, foodstuffs

Total imports

US$36.64 billion f.o.b. (2008 estimate)

Import commodities

mineral products, machinery and equipment, chemicals, foodstuffs, metals

Exports - major partners

Russia 36.5%, Netherlands 17.8%, UK 6.3%, Ukraine 6.1%, Poland 5%, Latvia 4.1% (2007)

Imports - major partners

Russia 59.9%, Germany 7.6%, Ukraine 5.4% (2007)

FDI inflows

2008	2009	2010
US$2,180 million	US$1,886 million(2009)	US$1,350 million(2009)

FDI outflows

2008	2009	2010
US$31 million	US$102 million	US$43 million

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
N/A	N/A(2009)	N/A(2009)	N/A

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 68 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 7 out of 183 countries(2009)

Registering property: 6 out of 183 countries

Paying Taxes: 183 out of 183 countries

Getting credit: 89 out of 183 countries

Protecting investors: 109 out of 183 countries

Trading across border: 128 out of 183 countries

Enforcing Contracts: 12 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

N/A

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 155 Score: 47.9 (Repressed) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC+2

Total area

207,600 km² (2006)

Capital

Minsk (2009)

Currency

Belarusian rubles (BYB/BYR) (2009)

Government type

republic in name, although in fact a dictatorship (2009)

Languages

Belarusian, Russian, other

Religions

Eastern Orthodox 80%, other (including Roman Catholic, Protestant, Jewish, and Muslim) 20% (1997 estimate)

Total population

1980	1990	2000	2010*	2015**
N/A	N/A	9.99 million	9.43 million	9.2 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
32.4%	56.5%	69.9%	73.9%

Population median age

38.0 years (2006)

Population growth rate

-0.2% (2009)

Life expectancy

69 years (2007)

Adult literacy

100% (2000/2007)

% of population living on less than $2 a day

<2% (2011)

Inequality of wealth distribution (Gini index)

27.2 (2008)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:7
Civil Liberties:6 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

150.82% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

31.7% (Data were released in 2011 and refer to 2010)

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Minsk: 193rd (2011)

CO2 emissions
(Metric tons of CO2 per capita)

6.49 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST EMERGING MARKET BANKS

2012:

COUNTRY WINNERS Priorbank (National, 2012)

2011:

COUNTRY WINNERS BelarusBank (National, 2011)

2010:

COUNTRY WINNERS BelarusBank (National, 2010)

2009:

COUNTRY WINNERS Belarusbank (National, 2009)

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2012:

COUNTRY WINNERS Belarusbank (National, 2012)

2011:

COUNTRY WINNERS Belarusbank (National, 2011)

2010:

COUNTRY WINNERS Belarusbank (National, 2010)

2009:

COUNTRY WINNERS Priorbank (National, 2009)

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Belarus GDP Data & Country Report | Global Finance

WORLD'S BEST EMERGING MARKET BANKS

2012:

2011:

2010:

2009:

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2012:

2011:

2010:

2009: