Economic growth in Belarus will slow this year

The Belarusian economy grew by 4.0% in 2024, slightly faster than the 3.9% recorded in 2023

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In this article

  • Regional variation
  • Labour productivity lags real wages
  • Manufacturing output expanded more slowly...
  • ...and the number of loss-making enterprises increased
  • Agriculture posted moderate output growth...
  • ...while relying heavily on government subsidies
  • Inflation under control
  • Foreign trade surplus turns to deficit
  • Longer-term prospects

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.