GDP per capita in Belarus

Belarus GDP per capita (USD) | Economic News & Forecasts

Belarus - GDP per capita (U.S. Dollars)

Growth decelerated in the first quarter as a Russian tax maneuver, which ended cheap oil imports to Belarus and, in turn, a major source of state income, caused export growth to plunge. Moreover, domestic activity appears to have softened, with higher inflation likely weighing on household spending as reflected by slow retail sales growth in the first quarter. Data from April, however, suggests a more upbeat backdrop in Q2: Price pressures softened and retail sales were stable, signaling that the consumer climate may have improved, while industrial production picked up. In the political arena, the government announced on 28 May that it would charge tariffs on oil deliveries returned via the country’s pipeline system. This came after a contaminated supply of Russian crude prompted various European buyers to return their orders and is expected to further cool diplomatic relations between the two countries.

Belarus - GDP per capita (USD) Data

2013  2014  2015  2016  2017  
GDP per capita (USD)7,879  8,029  5,981  4,915  5,741  

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Belarus Facts

Exchange Rate2.07-0.36 %Jun 13
Stock Market0.10.0 %Jun 13

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