What type of economy does Belarus have?

The economy of Belarus is an upper-middle income mixed economy. As a post-Soviet transition economy, Belarus rejected most privatisation efforts in favour of retaining centralised political and economic controls by the state. The highly centralized Belarusian economy emphasizes full employment and a dominant public sector.

Where can I find economic data about Belarus?

Data Source: World Development Indicators | Download Dataset For Regional and Income Group breakdowns, visit: World Bank Country and Lending Groups. Explore Belarus economic data on Prosperity Data360.

Is Belarus a socially oriented market economy?

Belarus adheres to the concept of a socially-oriented market economy, which has proved its viability and efficiency. Overall, in 2010-2020, the country's GDP expanded by 18.3% in comparable prices, with productivity growing by 28.2% over the period.

How did Belarus' economy perform in Q2 2024?

Belarus’ economy saw significant GDP growth in Q2 2024, accelerating to 5.5% year-on-year, compared to 4.3% in the previous quarter. Economic overheating has increased amidst persistent labor shortages, with unemployment at a historic low of 3.0%.

How has economic overheating impacted Belarus?

Economic overheating has increased amidst persistent labor shortages, with unemployment at a historic low of 3.0%. Investment growth, high consumer demand, and the strong performance of the Russian economy have driven this acceleration. Belarus GDP Growth: 5.5% in Q2 2024, up from 4.3% in Q1 2024.

What is the debt securities market in Belarus?

государственному долл. США The debt securities market in the Republic of Belarus is represented by bonds issued by banks, enterprises of the real sector of the economy, other economic entities, local state authorities, as well as bonds of the National Bank and the Ministry of Finance as an issuer of government securities.