This page presents an analysis of macroeconomic trends in Belarus, as well as a bulletin “Macroeconomic Forecast for Belarus”. The bulletin presents a forecast of the key macroeconomic indicators of the Belarusian economy for up to two years; it is based on the Quarterly Projection Model (QPM) for Belarus.
The growth of the Belarusian economy will slow down significantly in 2024, and inflationary processes will concurrently intensify Prospects for maintaining high GDP growth have weakened significantly, as the economy has been overheated by monetary and fiscal stimuli in 2023.…
Belarusian economy will show its corrective growth in 2023–2024, provided there are no new logistical gaps and significantly tightening sanctions The country’s GDP will grow by 2.5% in 2023 and by 1.1% in 2024 if the upgraded supply chains are…