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Your comprehensive guide to business opportunities in Belarus
Last updated: July 2024
Key Highlights
Stable GDP growth at 2.9% (2023)
Thriving IT sector with $3.8B in exports
6 Special Economic Zones with tax benefits
Strategic location between EU and EAEU markets
Economic Overview
Recent Performance
Indicator
2023
2024 Forecast
GDP Growth
2.9%
3.1%
Inflation
6.2%
5.8%
FDI Inflow
$2.1B
$2.4B
Key Industries
Manufacturing: 25% of GDP
Agriculture: 7% of GDP
IT Services: 6% of GDP (growing at 15% annually)
Why Invest in Belarus?
Industrial Strengths
World-class heavy machinery production
Global leader in potash fertilizers
Modern food processing capabilities
Digital Economy
900+ IT companies in High-Tech Park
65,000 skilled IT professionals
0% income tax for IT companies until 2049
Geographic Benefits
At the crossroads of Europe and Asia
Access to EAEU's 183M consumer market
China-Belarus Industrial Park with special incentives