Markets Actual Q1/23 Q2/23 Q3/23 Q4/23
Currency 2.49 2.65 2.79 2.93 3.09

Overview Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Annual Growth Rate (%) -7.80 1.3 2.5 3.6 4
Unemployment Rate (%) 3.90 5
Inflation Rate (%) 12.80 9.8 8 10 8
Interest Rate (%) 11.50 11.5 10 10 8
Current Account (USD Million) 896.90 -400 150 300
Current Account to GDP (% of GDP) -2.70 -2
Government Debt to GDP (% of GDP) 33.50 30
Government Budget (% of GDP) -0.30 -2
Corporate Tax Rate (%) 18.00 18
Personal Income Tax Rate (%) 13.00 13

GDP Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Annual Growth Rate (%) -7.80 1.3 2.5 3.6 4
GDP (USD Billion) 68.21 60
GDP Constant Prices (BYN Million) 31840.60 29161 28820 32987 33114
Gross Fixed Capital Formation (BYN Million) 5623.00 6378 5827 5825 5848
GDP per Capita (USD) 6418.24 6000
GDP per Capita PPP (USD) 19751.20 18500
Full Year GDP Growth (%) 2.30 0.3
GDP from Agriculture (BYN Million) 1494.10 1461 1531 1548 1554
GDP from Construction (BYN Million) 2208.50 1778 2264 2288 2297
GDP from Manufacturing (BYN Million) 11393.80 10414 11679 11804 11850
GDP from Mining (BYN Million) 378.70 378 388 392 394
GDP from Public Administration (BYN Million) 1846.50 1659 1893 1913 1920
GDP from Services (BYN Million) 22929.00 22063 23502 23754 23846
GDP from Transport (BYN Million) 2213.20 2463 2269 2293 2302
GDP from Utilities (BYN Million) 1207.10 1768 1237 1251 1255

Labour Actual Q1/23 Q2/23 Q3/23 Q4/23
Unemployment Rate (%) 3.90 5
Wages (BYN/Month) 1648.20 1755 1750 1722 1711
Wage Growth (%) 11.60 9.5 7.6 5.2 3.8
Minimum Wages (BYN/Month) 457.00 500
Population (Million) 9.25 9.1
Retirement Age Women (Years) 58.00 58
Retirement Age Men (Years) 63.00 63

Prices Actual Q1/23 Q2/23 Q3/23 Q4/23
Inflation Rate (%) 12.80 9.8 8 10 8
Producer Prices (points) 22019.80 22816 23241 23604 23715
Food Inflation (%) 13.80 11 10 8.5 7
Producer Prices Change (%) 13.00 10 8 7.5 7.7

Money Actual Q1/23 Q2/23 Q3/23 Q4/23
Interest Rate (%) 11.50 11.5 10 10 8
Deposit Interest Rate (%) 11.00 11 9.5 9.5 7.5
Lending Rate (%) 13.00 13 11.5 11.5 9.5

Trade Actual Q1/23 Q2/23 Q3/23 Q4/23
Current Account (USD Million) 896.90 -400 150 300
Current Account to GDP (% of GDP) -2.70 -2
Exports (USD Million) 3879.10 3000 2500 2300

Government Actual Q1/23 Q2/23 Q3/23 Q4/23
Government Debt to GDP (% of GDP) 33.50 30
Government Budget (% of GDP) -0.30 -2
Government Budget Value (BYN Thousand) -737604.30 -600000 -600000 -800000
Government Spending (BYN Million) 4738.00 4648 4722 4909 4928
Government Debt (BYN Thousand) 60505613.70 68000000 70000000 73000000

Taxes Actual Q1/23 Q2/23 Q3/23 Q4/23
Corporate Tax Rate (%) 18.00 18
Personal Income Tax Rate (%) 13.00 13
Sales Tax Rate (%) 20.00 20
Social Security Rate (%) 35.00 35
Social Security Rate For Companies (%) 28.00 28
Social Security Rate For Employees (%) 1.00 1

Business Actual Q1/23 Q2/23 Q3/23 Q4/23
Industrial Production (%) -5.40 1 1 1
Mining Production (%) 2.30 2 1.5 2

Consumer Actual Q1/23 Q2/23 Q3/23 Q4/23
Consumer Spending (BYN Million) 18020.10 17460 17015 18669 18741
Consumer Credit (BYN Million) 5241.70 5310 5373 5430 5451
Gasoline Prices (USD/Liter) 1.13 1.2 1.24 1.29 1.34