The highly centralized Belarusian economy emphasizes full employment and a dominant public sector. It has been described as a welfare state or market socialist. Economic background · Crisis of 2011 · Economy sectors |
The Republic of Belarus is an export-oriented country with well-developed manufacturing industry, services sector and agriculture. Belarus adheres to the ... |
The priority sectors of the Belarusian economy include machinery and metal working, oil refining, chemical and petrochemical industry, electric power, consumer ... |
Belarus's economic freedom score is 48.4, making its economy the 153rd freest in the 2024 Index of Economic Freedom. Its rating has decreased by 2.6 points ... |
GDP in Belarus averaged 39.83 USD Billion from 1990 until 2023, reaching an all time high of 78.81 USD Billion in 2014 and a record low of 9.20 USD Billion in ... |
Belarus' economy in numbers: Nominal GDP of USD 68.6 billion in 2022. Nominal GDP of USD 79.5 billion in 2023. GDP per capita of USD 8,662 compared to the ... |
Weaknesses · Very large and growing economic dependence on Russia (energy, trade and financial) · Low geographical and sectoral diversification of exports (90% ... |
Belarus's economy is projected to grow by 4 percent in 2024, exceeding previous forecasts, though growth is expected to slow in the latter half of the year. ... |
Belarus emerges from recession, with help from Russia. Belarus is reliant on Russia's economic support, as illustrated by a recent meeting of the two countries ... |
GDP, inflation, and unemployment together offer a good snapshot of a country's economy health. · 13.52 Inflation · 5.82 Unemployment · -3.83 GDP Growth - ... |
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