Country Economic Forecasts > Belarus - Oxford Economics Services

Country Economic Forecasts > Belarus

Country Economic Forecasts > Belarus - Oxford Economics Services
Country Economic Forecasts > Belarus
Published Apr 13, 2016
5 pages — Published Apr 13, 2016
Price US$ 185.00  |  Buy this Report Now

About This Report

  
Abstract:

GDP shrank by 4% in 2015 and will contract again this year, by about 1%, as low oil prices squeeze the normal re-export premium widening the current account deficit further to about 8% of GDP and tight monetary policy adds to the investment constraints arising from a worsening business environment. High interest rates have stabilised the currency after its sharp depreciation in 2015; but this has not reduced inflation fast enough to prevent real BYR appreciation holding back sales to main markets.Although the more stable BYR is starting to rein in inflation and enabled a small reduction (to 24%) in the main interest rate in April, the move into sizeable fiscal deficit necessitates continuation of the tight monetary policy that has caused investment to fall sharply since 2014. The smaller GDP decline in 2016 will be due mainly to renewed export growth; but imports are set to rise faster, lifting the external deficit and leaving recovery reliant on more external borrowing.

  
Source:
Document ID
331183
Country
Format:
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Sections

Title
Belarus:
The following represents a general Table of Contents outline for the Country Economic
Forecast. The actual report may cover any or all of the topics listed below.
- Highlights and Key Issues - four/five paragraphs of analysis covering the
main economic and political issues contained in the subsequent Economic Overview
- Forecast Table showing % changes for the country - with 2 years of historical
data and 4 years of forecast data for the following:
- Domestic demand
- Private consumption
- Fixed investment
- Stockbuilding (% of GDP)
- Government consumption
- Exports of goods and services
- Imports of goods and services
- Unemployment
- Consumer prices
- Current account balance (US$ and % of GDP)
- Government budget (% of GDP)
- Short-term interest rates (%)
- Long-term interest rates (%)
- Exchange rate (vs. US dollar)
- Exchange rate (vs. euro)
- Economic Overview - two pages of events-driven analysis highlighting the
most recent economic activity and, where relevant, political developments of the
country, detailing significant changes to Oxford Economics' forecasts
- Charts and Tables - covering a full range of economic developments relevant
to the time period covered. These could include such topics as:
- Contributions to GDP growth
- Monthly industrial output
- Business and consumer confidence
- Unemployment rate
- Retail sales
- Prices and earnings
- Consumption and investment
- Government balance and debt
- GDP and industrial production
- Monetary policy and bond yields
- Background Information on the country
- One or two pages of text covering the main historical political and economic factors
that determine the country's current position
- Key Facts on the country
- Map of the country
- Key political facts
- Long-term economic and social development - changes since 1980
- Structure of GDP by output - latest year
- Long-term sovereign credit ratings and outlook
- Corruption perceptions index- latest year
- Structural economic indicators - changes since 1990
- Destination of goods' exports -prior years - latest year
- Composition of goods & services exports - latest year

Table Of Contents

Oxford Economics Services—Oxford Economics is a leading economic forecasting consultancy, producing macroeconomic and industry forecasts, analysis and data on 175 countries.

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Cite this Report

  
MLA:
Oxford Economics Services. "Country Economic Forecasts > Belarus" Apr 13, 2016. Alacra Store. May 19, 2025. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Belarus-2111-5835>
  
APA:
Oxford Economics Services. (2016). Country Economic Forecasts > Belarus Apr 13, 2016. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Belarus-2111-5835>
  
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