Public Debt in Belarus

Belarus Public Debt | Economic News & Forecasts

Belarus - Public Debt

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 - Public Debt Data

2014   2015   2016   2017   2018  
Public Debt (% of GDP)32.9  46.9  47.2  47.2  45.4  

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Belarus Facts

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

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