Macro-economic Data

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A. Demography and Macroeconomy

A.1 Population
VariableEnd of 2016End of 2015End of 2014SourcesVar ID
Total population9.51 million9.49 million9.47 million
WDI
A.1.1
Urban population (% of total)77.05% of total76.67% of total76.28% of total
WDI
A.1.4
Urban population growth (annual %).68%.67%.62%
WDI
A.1.5
A.2 Economy
VariableEnd of 2016End of 2015End of 2014SourcesVar ID
GDP, current prices (U.S. dollars)48,847 USD (millions)56,329 USD (millions)78,736 USD (millions)
WEO
A.2.1
GDP based on PPP valuation of country GDP (Current international dollar)170,961 USD (millions)173,954 USD (millions)178,956 USD (millions)
WEO
A.2.2
GDP per capita, current prices (U.S. dollars)5,142.89 USD 5,941.24 USD 8,316.01 USD
WEO
A.2.3
GDP based on PPP per capita GDP (Current international dollar)17,999.7 USD 18,347.68 USD 18,901.16 USD
WEO
A.2.4
GDP, constant prices (Percent change)-3%-3.83%1.75%
WEO
A.2.5
Inflation, end of period consumer prices (Percent change)10.58%11.97%16.22%
WEO
A.2.6
GDP, deflator (Index)129.34116.02100.00
WEO
A.2.7
Consumer price index 5478171742.934892537287.44A.2.8
GINI Index  26.01
WDI
A.2.9
Growth in urban household income (%/year)A.2.13
Employment (% of total laborforce)A.2.14
Interest Rates:A.2.15
Central bank lending/discount rate21%25%21.13%
National Bank of the Republic of Belarus
A.2.15.1
Average bank deposit rate17.5%28.9%25.3%
National Bank of the Republic of Belarus
A.2.15.4
Lending rate  18.74%
IFS
A.2.15.5
B. Housing Market
B.1 Housing Stock: Production, Transactions
VariableEnd of 2016End of 2015End of 2014SourcesVar ID
Number of dwelling units:B.1.1
Characteristics of housing stock:B.1.3
Tenure in urban areas (%):B.1.4
Owner-occupied units89.42% of total87.96% of total86.07% of total
Belarus Statistics
B.1.4.1
Public / social rental units5.74% of total6.84% of total8.3% of total
Belarus Statistics
B.1.4.4
Estimated Number of units completed/yearB.1.5
B.2 Housing Prices and Cost for Urban Areas or Capital City
VariableEnd of 2016End of 2015End of 2014SourcesVar ID
Median urban house price in USD:B.2.1
Median house price to median annual HH income:B.2.2
Annual average % change in median house prices:B.2.3
M2 construction cost for median quality houseB.2.4


back to top | Country Data:
Notes: 120, Yearly Average
Notes: 131.25, Yearly Average
Notes: 157.20, Yearly Average
Notes: 20 years for urban areas and 40 years for rural area. Most common is 15 years for Belarusian Ruble and 10 years for US Dollars
Notes: 20 years for urban areas and 40 years for rural area. Most common is 15 years for Belarusian Ruble and 10 years for US Dollars
Notes: 20 years for urban areas and 40 years for rural area. Most common is 15 years for Belarusian Ruble and 10 years for US Dollars
Notes: 20 years for urban areas and 40 years for rural area. Most common is 15 years for Belarusian Ruble and 10 years for US Dollars
Notes: 390, Yearly Average
Notes: author's research
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: Average interest rates on newly attracted bank deposits for legal persons
Notes: First, commercial banks lend at below-market interest rate and the state directly compensates the banks for the difference between the subsidized and commercial rate. Second, the central and local authorities issue guarantees on both subsidized and commercial loans provided to state-owned enterprises. Third, the state places earmarked deposits in a bank, which is then used to provide loans at discounted interest rates. Typically, such deposits back up loans for housing construction. Some of these deposits are periodically used for recapitalizations, helping banks to meet capital adequacy requirements
Notes: First, commercial banks lend at below-market interest rate and the state directly compensates the banks for the difference between the subsidized and commercial rate. Second, the central and local authorities issue guarantees on both subsidized and commercial loans provided to state-owned enterprises. Third, the state places earmarked deposits in a bank, which is then used to provide loans at discounted interest rates. Typically, such deposits back up loans for housing construction. Some of these deposits are periodically used for recapitalizations, helping banks to meet capital adequacy requirements
Notes: First, commercial banks lend at below-market interest rate and the state directly compensates the banks for the difference between the subsidized and commercial rate. Second, the central and local authorities issue guarantees on both subsidized and commercial loans provided to state-owned enterprises. Third, the state places earmarked deposits in a bank, which is then used to provide loans at discounted interest rates. Typically, such deposits back up loans for housing construction. Some of these deposits are periodically used for recapitalizations, helping banks to meet capital adequacy requirements
Notes: Maximum of various commercial banks including Belagroprombank, Paritetbank, and Priorbank
Notes: Maximum of various commercial banks including Belagroprombank, Paritetbank, and Priorbank
Notes: Maximum of various commercial banks including Belagroprombank, Paritetbank, and Priorbank
Notes: Median of various commercial banks including Belagroprombank, Paritetbank, Priorbank
Notes: Median of various commercial banks including Belagroprombank, Paritetbank, Priorbank
Notes: Net domestic claims less net claims on general government
Notes: Net domestic claims less net claims on general government
Notes: Net domestic claims less net claims on general government
Notes: Net domestic claims less net claims on general government
Notes: Net domestic claims less net claims on general government
Notes: News cites 'pawn shops' as unconventional sources of microfinance in Belarus
Notes: News cites 'pawn shops' as unconventional sources of microfinance in Belarus
Notes: News cites 'pawn shops' as unconventional sources of microfinance in Belarus
Notes: No. 345-Z of 20 June 2008
Notes: No. 345-Z of 20 June 2008
Notes: No. 345-Z of 20 June 2008
Notes: No. 345-Z of 20 June 2008
Notes: No. 345-Z of 20 June 2008
Notes: No. 345-Z of 20 June 2008
Notes: No. 345-Z of 20 June 2008
Notes: No. 345-Z of 20 June 2008
Notes: No. 345-Z of 20 June 2008
Notes: No. 345-Z of 20 June 2008, Article 7
Notes: No. 345-Z of 20 June 2008, Article 7
Notes: No. 345-Z of 20 June 2008, Article 7
Notes: No. 345-Z of 20 June 2008, Article 7
Notes: No. 345-Z of 20 June 2008, Article 7
Notes: No. 345-Z of 20 June 2008, Article 7
Notes: No. 345-Z of 20 June 2008, Article 7
Notes: No. 345-Z of 20 June 2008, Article 7
Notes: No. 345-Z of 20 June 2008, Article 7
Notes: No. 345-Z of 20 June 2008, Chapter 3
Notes: No. 345-Z of 20 June 2008, Chapter 3
Notes: No. 345-Z of 20 June 2008, Chapter 3
Notes: No. 345-Z of 20 June 2008, Chapter 3
Notes: No. 345-Z of 20 June 2008, Chapter 3
Notes: No. 345-Z of 20 June 2008, Chapter 3
Notes: No. 345-Z of 20 June 2008, Chapter 3
Notes: No. 345-Z of 20 June 2008, Chapter 3
Notes: No. 345-Z of 20 June 2008, Chapter 3
Notes: The base year for this CPI is 1990
Notes: The base year for this CPI is 1990
Notes: The base year for this CPI is 1990
Notes: The base year for this CPI is 1990
Notes: The base year for this CPI is 1990
Notes: The base year for this CPI is 1990
Notes: The base year for this CPI is 1990
Notes: The base year for this CPI is 1990
Notes: The base year for this CPI is 1990
Notes: The base year for this CPI is 1990
Notes: The base year for this CPI is 1990
Notes: The base year for this CPI is 1990
Notes: The base year for this CPI is 1990
Notes: The base year for this CPI is 1990
Notes: The base year for this CPI is 1990
Notes: The base year for this CPI is 1990
Notes: The state provides a subsidy directly from the budget to the borrower to compensate for a part of the interest due on a bank loan.
Notes: The state provides a subsidy directly from the budget to the borrower to compensate for a part of the interest due on a bank loan.
Notes: The state provides a subsidy directly from the budget to the borrower to compensate for a part of the interest due on a bank loan.
Notes: The state provides a subsidy directly from the budget to the borrower to compensate for a part of the interest due on a bank loan.
Notes: The state provides a subsidy directly from the budget to the borrower to compensate for a part of the interest due on a bank loan.
Notes: The state provides a subsidy directly from the budget to the borrower to compensate for a part of the interest due on a bank loan.
Notes: The state provides a subsidy directly from the budget to the borrower to compensate for a part of the interest due on a bank loan.
Notes: The state provides a subsidy directly from the budget to the borrower to compensate for a part of the interest due on a bank loan.
Notes: The state provides a subsidy directly from the budget to the borrower to compensate for a part of the interest due on a bank loan.
Notes: The state provides a subsidy directly from the budget to the borrower to compensate for a part of the interest due on a bank loan.
Notes: The state provides a subsidy directly from the budget to the borrower to compensate for a part of the interest due on a bank loan.
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average
Notes: Yearly Average