Belarus

Market Information

Capital
Minsk
Languages
Belarusian, Russian, English 
Population (as of September, 2021)
9,445,676
Territory
207,600 km²
Currency
Belarusian ruble (BYN)
GDP
 $190 billion (2020)
GDP growth (2020)
-0,9%
GDP structure
2020
agriculture: aprox. 6.83%
industry: 31.3% 
services: 49.07% 
Key industries
mechanical engineering
power engineering and metalworking
potash mining
chemical and petrochemical industries
timber and woodworking
light and food industries
Leading exports
Russia: 44%
Ukraine: 10.7%
Others (hidden partners): 5.75%
Poland: 4.27%
Lithuania: 3.54%
Germany: 3.11%
the UK: 2.75%
China: 2.55%
Kazakhstan: 2.48%
the Netherlands: 2.35%
Leading imports
Russia: 49% 
China: 11% 
Germany: 5.12% 
Ukraine: 4.22% 
Poland: 3.77% 
Others: 3.46% 
Italy: 2.09% 
Turkey: 1.84% 
North America: 1.4% 
the Netherlands: 1.18% 
Industrial Centre
Gomel
Mozyr
Rechitsa
Svetlogorsk
Zhlobin
Corruption Perceptions Index
47 (2021)
Unemployment level
 0.2%

International agreements

Membership in the Customs Union
since  2010

Free trade zones

6 free economic zones:
  • FEZ Brest (1996)
  • FEZ Vitebsk (1999)
  • FEZ Gomel-Raton (1998)
  • FEZ Grodnoinvest (2002)
  • FEZ Minsk (1998)
  • and FEZ Mogilev (2002)
At present, over than 280 resident companies operate in the FEZs. They employ more than 61,000 people. The aggregate amount of investments put into the projects stands at $360 million. The investments come from more than 30 countries across the globe.


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