Fiscal Balance in Belarus

Belarus Fiscal Balance | Economic News & Forecasts

Belarus - Fiscal Balance

GDP growth fell to a three-year low in 2019, against the backdrop of a challenging external environment, while available data points to a marked downturn at the outset of this year. In January, economic activity contracted for the first time in nearly three years, as industrial output shrank at the sharpest rate in over four years amid faltering manufacturing and mining activity. Moreover, growth momentum in both the agricultural and retail sectors softened slightly in the opening month of the year. The downturn likely carried over into February–March as the global coronavirus outbreak bodes ill for the country’s external sector. In other news, Russia rejected Belarus’s pleas to provide it with cheaper oil supplies, likely using it as leverage to pressurize Belarus to join a full-blown political union.

Belarus - Fiscal Balance Data

2014   2015   2016   2017   2018  
Fiscal Balance (% of GDP)1.0  1.4  1.5  3.0  4.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Belarus Facts

Value Change Date
Exchange Rate2.10-0.36 %Dec 31
Stock Market0.10.0 %Jan 07

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form