Source
Central bank

National Bank of the Republic of Belarus

International Reserves

USD 3.3 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 49.5 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 168.1 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
10% 8.7% 10.3% 0.1% 7.7% 5.5% 1.7%
2013 2014 2015 2016* 2017*    
1% 1.7% -3.9% -3% -0.5%    

*Estimate

GDP per capita - current prices

USD 5,265.9 (2017, estimate)

GDP per capita - PPP

Intl$ 17,872.0 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
N/A N/A 0.12% 0.17% 0.1%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 9.2% 
  • industry: 40.9% 
  • services: 49.8%

(2016 estimate)

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

N/A

Inflation
2013 2014 2015 2016* 2017*
18.3% 18.1% 13.5% 12.7% 12.0%

*Estimate

Unemployment rate
2013 2014 2015 2016* 2017*
0.5% 0.5% 1.5% 1.5% 1.5%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
34.5% 37.3% 53.7% 54.9% 59.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-2.9% -1.7% -3.5% -5.3% -8.2%

*Estimate

Government bond ratings

Standard & Poor's: B-

Moody's: Caa1

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -2.4 billion (2017 estimate)

Current account balance by percentage of GDP

-4.8% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

60.0% (2015)

Shares in world total merchandising export

0.2% (2015)

Shares in world total commercial services export

0.1% (2015)

Total exports

USD 22.7 billion (2016 estimate)

Export commodities

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

Total imports

USD 25.4 billion (2016 estimate)

 
 
Source
Import commodities

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

Exports - major partners

Russia 39%, UK 11.2%, Ukraine 9.5%, Netherlands 4.3%, Germany 4.1% (2015)

Imports - major partners

Russia 56.6%, China 7.9%, Germany 4.6% (2015)

FDI inflows
2013 2014 2015
USD 2,230 million USD 1,828 million USD 1,584 million
FDI outflows
2013 2014 2015
USD 246 million USD 39 million USD 118 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A USD 162.9 million N/A N/A
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

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

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

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

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 37 out of 190 countries (2016)

Subcategories:

Starting a business: 31 out of 190 countries

Enforcing Contracts: 27 out of 190 countries

Registering Property: 5 out of 190 countries

Getting credit: 101 out of 190 countries

Protecting investors: 42 out of 190 countries

Trading across border: 30 out of 190 countries

Paying Taxes: 99 out of 190 countries

Dealing with Construction Permits: 28 out of 190 countries

Getting Electricity: 24 out of 190 countries

Resolving Insolvency: 69 out of 190 countries

Global competitiveness ranking

N/A

(2016-2017)

Index of Economic Freedom

Ranking: 157 / Score: 48.77 (Repressed) (2017)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+2

Total area

207,600 sq km

Capital

Minsk 

Currency

Belarusian rubles (BYB/BYR) 

Government type

republic in name, although in fact a dictatorship

Languages

Belarusian (official) 23.4%, Russian (official) 70.2%, other 3.1% (includes small Polish- and Ukrainian-speaking minorities), unspecified 3.3% (2009 est.)

Religions

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

Total population
1990 2000 2010 2014*

2019**

N/A 9.99 million 9.5 million 9.417 million 9.184 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
32.4% 56% 70%

76%

Population median age

39.4 years (2014 estimate)

Population growth rate

-0.19% (2014 est.)

Life expectancy

72.15 years (2014 estimate)

Adult literacy

99.6% (2009 estimate)

% of population living on less than $2 a day

0% (2011)

Inequality of wealth distribution (Gini index)

26.5 (2011)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 7
Civil Liberties: 6 (2014)

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

Source
Total telephone subscribers as % of population

Fixed 47.8%  Mobile 118.8%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

54.17% (2013)

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

Minsk: 191st (2014)

CO2 emissions(Metric tons of CO2 per capita)

6.6 (2010)

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