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Belarus has seen limited structural reform since 1995, when President LUKASHENKO launched the country on the path of "market socialism." In keeping with this policy, LUKASHENKO reimposed administrative controls over prices and currency exchange rates and expanded the state's right to intervene in the management of private enterprises. Since 2005, the government has re-nationalized a number of private companies. In addition, businesses have been subjected to pressure by central and local governments, including arbitrary changes in regulations, numerous rigorous inspections, retroactive application of new business ...  More..

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Economy of Belarus
SOURCE: CIA - The World Factbook
Currency Belarusian Ruble
Fiscal Year 01 January - 31 December
GDP (PPP) $116 billion (2009 est.)
GDP (per capita) $11,600 (2009 est.)
Exports $24.8 billion (2009 est.)
Imports $30.4 billion (2009 est.)
Main Industries Metal-cutting Machine Tools, Tractors, Trucks, Earthmovers, Motorcycles, Televisions, Synthetic Fibers, Fertilizer, Textiles, Radios, Refrigerators
Exports - Commodities Machinery and Equipment, Mineral Products, Chemicals, Metals, Textiles, Foodstuffs
Imports - Commodities Mineral Products, Machinery and Equipment, Chemicals, Foodstuffs, Metals
Exports Partners Russia 32.3%, Netherlands 16.5%, Ukraine 8.5%, Latvia 6.5%, Poland 5.5%, UK 4.3% (2008)
Imports Partners Russia 59.4%, Germany 7.1%, Ukraine 5.3% (2008)

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