Economy of Belarus

The Republic of Belarus is an export-oriented country with well-developed manufacturing industry, services sector and agriculture. Belarus adheres to the concept of a socially-oriented market economy, which has proved its viability and efficiency.

Overall, in 2010-2025, the country's GDP expanded by 27.2% in comparable prices, with productivity growing by 42.8% over the period.

Gross domestic product per capita based on purchasing power parity increased from $15,300 in 2010 to $34,700 in 2025 (preliminary data).

Major social and economic indicators

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GDP, Br million (2011-2015 - with account of redenomination of 2016).

2025 - preliminary data.

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Foreign trade in goods and services, USD billion.

2025 - preliminary data.

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Industrial output, Br million (2011-2015 - with account of redenomination of 2016).

2025 - preliminary data.

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Agricultural output, Br million (2011-2015 - with account of redenomination of 2016).

2025 - preliminary data.

Development priorities

Ensuring social stability and improving the quality of life through economic modernization, expansion of the social capital, provision of comfortable conditions for life, work and self-fulfillment are the country’s main goals enshrined in the five-year program for 2021-2025.

To achieve this goal, Belarus has concentrated all internal and external resources and engaged every person in the effort to build the future of the country.

Happy family. This is the promotion of traditional family values. Families with children should not only become a social norm in the country, but also an ideal of family relations.

Strong regions. This is efficient employment, decent salaries, high mobility, comfort and security of people in any corner of Belarus.

Intellectual country. Belarus is the country of smart, educated, creative people capable of making innovative breakthroughs and moving forward.

State-partner. This is building transparent, open, trust-based relations between the state, the society and business.

Belarus' positions in international rankings

In 2019, the Republic of Belarus improved its positions in a number of international rankings, which are important indicators of the country's development in certain areas for foreign investors and creditors.

Belarus has made great progress in sustainable development which is evidenced by the country’s high positions on the SDG Index and Dashboards Report prepared by Bertelsmann Stiftung International Foundation and the UN Sustainable Development Solutions Network. Belarus ranked 34th (76.00 points out of 100) and received an above-average rating for Eastern Europe and Central Asia (the ranking covered 166 countries and used about 100 indicators to measure the progress towards the SDGs).

On the Human Development Index, which is a well-recognized tool for comparing the living standards in different countries, Belarus ranks 60th out of 191 countries and is in top tier of countries with the very high level of human development, according to the UN classification.

Belarus goes 78th (out of 167 countries) in the Legatum Prosperity Index 2013. Belarus ranks 29th on education and 43rd on living conditions. The country's position on economic quality was 45th.

Belarusian State University is in the top 25 on the QS University Rankings 2022 for Emerging Europe and Central Asia. The study ranks more than 2,500 universities based on six indicators: research, quality of teaching, employers’ opinion and career potential, the number of international students and teachers.

Belarus was ranked 58th out of 193 nations on the United Nations E-Government Survey 2022.

On the E-Participation index, which assesses the engagement and collaboration between governments and citizens, Belarus was 90th in 2022.