Belarus
 

Vos conseillers auprès de la Chambre de Commerce

Adélaïde Hoffsess

+ 352 42 39 39 379

Contactez-nous: europe@cc.lu

Indicateurs clés

Surface

207,600 sq km

Population

9,132,629 (2024)

Type de gouvernement

Presidential republic

Langues

Russian (official) 71.4%, Belarusian (official) 26%, other 0.3% (includes small Polish- and Ukrainian-speaking minorities), unspecified 2.3% (2019 est.)

PIB

$75.96 billion (2024)

Taux de croissance

4.0% (2024)

HDI

65

Capitale

Minsk

Indicateurs macroéconomiques

In the first seven months of 2025, GDP growth slowed to about 1.3 percent year-on-year, held back by weaker Russian demand and adverse weather that reduced agricultural output by 12.4 percent year-on-year. Construction expanded by 10.2 percent and the information and communications sector grew by 4.2 percent, both recovering from severe declines in recent years. On the demand side, private consumption and public investment remained the key drivers of growth. As domestic demand strengthened, imports rose faster than exports, leaving trade a drag on growth. A widening trade gap drove the current account deficit higher in early 2025. The total value of exports in dollar terms rose marginally, helped by stronger demand from distant markets (Africa, Latin America, Asia). Imports, however, rose strongly due to rising wages and generous fiscal incentives. Consequently, the current account deficit expanded by over 18 percent in the first quarter, despite a 15 percent rise in remittances. The deficit was primarily financed through foreign direct investment—mainly reinvested earnings from Russian firms—with smaller contributions from Chinese investors. External debt slightly increased to 40 percent of GDP due to trade credits, while foreign reserves rose to a record high of US$11.5 billion by July 2025.

Source: World Bank

IMF Statistics:

Source: International Monetary Fund - IMF Data

Le Luxembourg et le pays

Existing conventions and agreements

Non double taxation agreement 
In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.

Air Services agreement
None

Source: Administration des contributions directes
 

Informations supplémentaires

Foreign Trade
The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.
You can see the statistics on the website of the Statec.

Contact points in Belarus
/
Source: Ministry of Foreign Affairs of Luxembourg

Country risk as defined by Office du Ducroire for Belarus
Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.
Link: Ducroire Office – Country Risk for Belarus

Other useful links

• CIA World Factbook on Belarus
• Invest in Belarus