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 Belarusian economy slowed down in Q4-2024, but GDP remained high amid a loose domestic economic policy Belarusian GDP grew by 4% in 2024, with 2.4–2.5% YoY in Q4-2024 after 3.8% in Q3. GDP stayed near a historical peak at…
Economic activity in Belarus will remain high in 2025 amid accommodative economic policies, but GDP growth will slow significantly due to resource constraints Belarus’s GDP is projected to grow by 1.7% in 2025, following a 3.9% increase in 2024. GDP…
The Belarusian economy will slow down in 2024 and will stagnate in 2025 due to the exhaustion of extensive growth factors The Belarusian GDP will grow by 2.1% in 2024 following its 3.9% growth in 2023. The effectiveness of economic…