wiiw Forecast Reports

BELARUS: No end to the recession in sight


in: Labour Shortages Driving Economic Growth?
wiiw Forecast Report No. Autumn 2016, , pp. 47-50

The current report is only available to members and paying customers. Past issues become freely available online when the next report is released.

Hardcopy 10 add to cart  
PDF 10 add to cart  

Shipping Costs

The recession in Belarus has continued for the second year running. GDP dropped by 2.5% in the first half of 2016. Balance of payments constraints have compelled Belarus to pursue macroeconomic austerity policies, which dampened economic activity. The country’s problems have been compounded by a dispute with Russia over gas prices. GDP growth in 2016 as a whole will be negative and the recession will most likely continue into 2017.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Belarus