World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. World Bank national accounts data, and OECD National Accounts data files. Belarus gdp growth rate for 2015 was -3.83%, a 5.56% decline from 2014. The GDP growth by 2.8% will be one of the key indicators of the government's performance in 2020. Belarus is highly dependent on Russian subsidies to maintain growth. The Gross Domestic Product (GDP) in Belarus was worth 63.08 billion US dollars in 2019, according to official data from the World Bank. Gross domestic product (GDP) growth rate in Belarus 2021* Belarus. A downturn in industrial activity, amid falling output in the manufacturing, mining and Belarus GDP Growth Rate chart, historic, and current data. The Gross Domestic Product (GDP) in Belarus contracted 0.30 percent in the first quarter of 2020 over the same quarter of the previous year. - … None; Aggregates; Same region; Similar values; Highest values; Lowest values; Share Details. June 22, 2020. Belarus gdp growth rate for 2016 was -2.53%, a 1.3% increase from 2015. Unemployment rate in Belarus 2019. Belarus. Belarus gdp growth rate for 2017 was 2.53%, a 5.06% increase from 2016.
Belarus The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. Real GDP Growth YoY data in Belarus is updated quarterly, available from Mar 2006 to Mar 2020, with an average rate of 1.7 %. Belarus gdp growth rate for 2017 was 2.53%, a 5.06% increase from 2016.
Belarus returned to modest growth in 2017, largely driven by improvement of external conditions and Belarus issued sovereign debt for the first time since 2011, which provided the country with badly-needed liquidity, and issued $600 million worth of Eurobonds in February 2018, predominantly to US and British investors. In 2020 real GDP will contract amid the coronavirus epidemic, a recession in Russia and require financial support from abroad. Belarus gdp growth rate for 2018 was 3.15%, a 0.62% increase from 2017. Low growth rates will lead to widening of income per capita gaps between Belarus and its neighbors, as the economies of the Baltic States and Poland are projected to grow on average above 3 percent per year.
The economy shrank 0.3% in the first quarter of the year, according to a preliminary GDP estimate released by Belarus’ Statistical Institute (Belstat) on 16 April. The GDP value of Belarus represents 0.05 percent of the world economy. Modest growth would ease balance-of-payment pressures, maintaining the current account deficit between 2 and 3 percent of GDP. Belarus: Central Bank cuts refinancing rate to fresh record low in June. Featured analysis. GDP Annual Growth Rate in Belarus averaged 1.16 percent from 2011 until 2020, reaching an all time high of 11.05 percent in the second quarter of 2011 and a record low of -4.40 percent in the fourth quarter of 2015. The statistic shows the growth in real GDP in Belarus from 2009 to 2018, with projections up until 2021.