Belarus

The Chernobyl nuclear disaster in Ukraine in 1986 has had lasting effects on the environment and on the health of Belarusians. The majority of employees are employed by the state.

Economic Strengths

Low unemployment combined with relative stability. Potential of forestry and agriculture. Inflation, though high, is decreasing.

Economic Weaknesses

Little structural reform since 1995; support for outmoded businesses. Restrictive economic policies. Few natural resources. Dependence on Russia for energy and raw materials. Cleanup costs of Chernobyl. High inflation.

Population 9,685,768
Capital city Minsk
Currency Belarussian rouble
World GNP Ranking 62
Unemployment 1.6%
Inflation 8.3%

 

Source: Central Intelligence Agency; The World Factbook, March 2009