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One of the important factors of economic growth, apart from capital and S&T development* (science and technology development), is labor. In recent years, the number of people employed in the Belarusian economy has been declining. In some industries the reason is the stagnation of a sector, in others the decline is caused by the introduction […]
One of the inflation indicators – the deflator of the GDP of Belarus reached the level of 13.9% in the third quarter of 2018 (year-to-year). The growth has been observed since the first quarter of 2017, when it reached a historic low of 5.9%. According to the dynamics of the GDP deflator, inflation is starting […]
A few days ago Belstat published quarterly data of level of real GDP for the 3rd quarter (in the average annual prices of 2014). These data are very important as it is the most correct to estimate dynamics of economic growth on change of the GDP levels calculated in real terms. Results of the analysis […]