Economy of Belarus

This book about the economy of Belarus from the 1990s to the 2010s. Source data from UN Data.

Size. In the 2010s, the GDP of Belarus was equal to $62.1 billion per year; the value of agriculture was $4.5 billion; the value of industry was $16.4 billion. Since the share in the world is between .01% and .1%, the country is classified as a small economy.

Productivity. In the 2010s, the gross domestic product per capita was $6 582.1, the value of agriculture per capita was $482.1, the value of industry per capita was $1 734.9. Since the productivity is between the average of below average and the average, the economy is classified as developing.

Growth. In the 2010s, the growth of GDP was 1.8%; the growth of agriculture was 1.9%; the growth of industry was 2.5%.

Structure. In the 2010s, the economy of Belarus consisted of: industry (30.2%), services (27.4%), trade (14.4%), transportation (11.0%), construction (8.6%), and agriculture (8.4%).

Exports and imports. In the 2010s, the imports were 1.9% higher than the exports, the net imports were equal to 1.2% of the GDP. The technological structure of exports are not better than the structure of imports.

Consumption and reproduction. The attitude of reproduction to the consumption is better than the global average, so the share of GDP in the world will increase.

Dettagli