GDP in Belarus

Belarus GDP (EUR bn) | Economic News & Forecasts

Belarus - GDP (billions of Euros)

The economy stumbled at the start the year, as weaker dynamics in the back-end of 2018 appeared to have carried over into Q1. Seemingly subdued household spending in Q4 likely persisted at the outset of the year, as reflected by slower retail sales in January and high inflation. Furthermore, industrial production spluttered in the same month and agricultural output remained in the red, further stoking prices. On the external front, detailed data for Q4 shows exports decelerated sharply through year-end, while imports grew marginally. On 13 February, Vladimir Putin offered to maintain vital energy subsidies and financial aid to Belarus, in exchange for greater integration between the two countries. The deal would likely support near-term growth, although it could be seen as a potential takeover by Russia as it contemplates sharing the same currency, tax regime and courts.

Belarus - GDP (EUR bn) Data

2013  2014  2015  2016  2017  
GDP (EUR bn)55.7  55.5  50.9  42.0  47.5  

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Belarus Facts

ValueChangeDate
Exchange Rate2.14-0.36 %Mar 11
Stock Market0.10.0 %Feb 25

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