Macroeconomics and Forecast
This page presents an analysis of macroeconomic trends in Belarus, as well as a bulletin “Macroeconomic Forecast for Belarus”. The bulletin presents a forecast of the key macroeconomic indicators of the Belarusian economy for up to two years; it is based on the Quarterly Projection Model (QPM) for Belarus.
23.05.2025
Macroeconomic forecast for Belarus. 2025–2026
Monetary policy loosening will support increased GDP growth in Belarus in 2025, but at the cost of heightened inflationary pressure and a greater risk of economic volatility if external conditions deteriorate.
23.12.2024
Macroeconomic forecast for Belarus. 2025–2026
Economic activity in Belarus will remain high in 2025 amid accommodative economic policies, but GDP growth will slow significantly due to resource constraints.