GDP per capita in Belarus
Belarus - GDP per capita (U.S. Dollars)Economic activity gained considerable steam in Q2, chiefly due to upbeat manufacturing output. Moving on to Q3, however, early signs suggest a slowdown from Q2 amid several headwinds: Externally, freshly imposed sanctions and a spike in Covid-19 cases denting demand from Russia—Belarus’ main trading partner—will be dragging on exports. Meanwhile, the Central Bank’s tighter stance could be hampering new loans, potentially hindering private spending. Moreover, cumulative data shows that fixed investment—which has remained downbeat so far this year—deteriorated in July, likely as a result of geopolitical tensions and instability. In other news, the IMF’s SDR allocation released on 23 August will provide Belarus with foreign reserves of almost USD 1.0 billion, somewhat offsetting the negative effects of the latest sanctions on the country’s external position.
Belarus - GDP per capita (USD) Data
|GDP per capita (USD)||6,183||4,948||5,738||6,490||6,813|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||2.10||-0.36 %||Dec 31|
|Stock Market||0.1||0.0 %||Jan 07|
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September 10, 2021
Consumer prices increased 0.18% in August over the previous month, picking up from July's 0.07% rise.
August 17, 2021
Industrial production increased 2.7% year-on-year in July (June: +6.9% yoy).
August 10, 2021
Consumer prices rose 0.07% from the previous month in July, which was below the 0.65% increase seen in June..
Belarus: Industrial output records slowest expansion since December 2020 in June, due to a less favorable base effect
July 16, 2021
Industrial production expanded 6.9% year-on-year in June (May: +11.5% yoy).
July 16, 2021
According to a preliminary reading, GDP growth improved to 5.5% year-on-year in the second quarter (H1 2021: 3.3% yoy), from 1.1% in the first quarter.