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Belarus - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
27.072  
30.100  
Real GDP growth (constant prices)
7.1 % 
4.0 %
GDP per capita (USD)
2775.242  
3102.806  
Inflation rate
12.1 % 
12.5 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 14.5   17.6   22.8  
Real GDP growth (constant prices) 5.0 % 7.0 % 11.0 %
GDP per capita (USD) 1265   1359   1516  
Inflation rate 42.5 % 28.4 % 18.1 %
Unemployment rate 3,0%   ..   ..  
External debt (USD billion) 2   3   ..  
Ruble rate on 12/31 (1 US$)   ..   ..   ..  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 11.8%   9.8%   15.7%  
Industry and mining 37.0%   30.1%     38.3%  
Services 51.2%   60.1%     46.0%  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 247   172   169   112 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 8.9   11.3   16.0  
Export of goods (f.o.b) 8.0   10.1   13.9  
Trade balance -0.9   -1.3   -2.1  
Balance of payments -0.3   -0.4   -1.0  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 131.0%   136.8%   158.3%  
Share of imports in GDP 67.4%   70.4%   80.9%  
Share of exports in GDP 63.6%   66.4%   77.4%  
Imports of goods and services (percent change) 9.9%   2.9%   5.6%  
Exports of goods and services (percent change) 10.1%   5.6%   6.4%  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     11.3     10.1    
Agricultural raw materials 2%   4%  
Food products 10%   8%  
Hydrocarbons 26%   22%  
Manufactured products (chemicals, machines,...) 51%   62%  
Ores and metals 4%   1%  
Other goods 7%   3%  


2003 Imports Exports
Total Trade in Services (USD billion): 1   1  
Transport 21%   58%  
Tourisme 53%   18%  
Other services (insurance, financial services, telecommunications,...) 26%   24%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Russian Federation   47%  
United Kingdom   8.3%  
Netherlands   6.7%  
Poland   5.3%  
Ukraine   3.9%  

Main suppliers
(% of imports)
2004
Russian Federation   68.2%  
Germany   6.6%  
Ukraine   3.3%  
Poland   2.9%  
Italy   1.8%  
Source : COMTRADE


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Last modified in October 2005
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