Belarus
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
| Population, 1000 persons | 9178 | 9133 | 9082 | . | . | . |
| GDP, real change in % | 4.1 | 4.3 | 1.3 | 1.3 | 1.3 | 1.1 |
| GDP per capita (EUR at PPP) | 20000 | 21810 | . | . | . | . |
| Gross industrial production, real change in % | 7.7 | 5.4 | -1.8 | . | . | . |
| Unemployment rate - LFS, in %, average | 3.5 | 3.0 | 2.5 | 2.8 | 3.0 | 3.0 |
| Average gross monthly wages, EUR | 590 | 652 | 781 | . | . | . |
| Consumer prices, % p.a. | 5.1 | 5.7 | 6.7 | 6.9 | 6.2 | 5.8 |
| Fiscal balance in % of GDP | 1.2 | 1.3 | 0.1 | -0.5 | -0.5 | -0.8 |
| Public debt in % of GDP | 40.6 | 38.6 | 35.0 | . | . | . |
| Current account in % of GDP | -1.0 | -2.1 | -1.9 | -4.3 | -3.4 | -3.2 |
| FDI inflow, EUR m | 1842 | 1605 | 1422 | . | . | . |
| Gross external debt in % of GDP | 49.2 | 46.1 | 39.3 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of January, April, July and November.
See Press Conferences.
Monthly Report No. 1/2026
Vasily Astrov, Alexandra Bykova, Selena Duraković, Meryem Gökten, Richard Grieveson, Maciej Grodzicki, Ioannis Gutzianas, Doris Hanzl-Weiss, Gabor Hunya, Branimir Jovanović, Biljana Jovanovikj, Niko Korpar, Dzmitry Kruk, Sebastian Leitner, Isilda Mara, Emilia Penkova-Pearson, Olga Pindyuk, Sandor Richter, Marko Sošić, Bernd Christoph Ströhm and Marina Tverdostup
wiiw Monthly Report No. 1, January 2026
58 pages including 6 Tables and 15 Figures
Executive summary
Olga Pindyuk
in: The Crisis is Over, but its Scarring Effects are Hindering Recovery
wiiw Forecast Report No. Spring 2024, April 2024 , pp. I-VII
Details