Belarus's economy poised to reach GDP levels prior to the crisis, according to IMF predictions.
The International Monetary Fund (IMF) has released its latest economic outlook, predicting a global average GDP per capita of $14,210 for the year. For emerging market and developing countries, the forecast is slightly higher at $18,190.
In the current year, China's GDP per capita is projected to be $13,690. However, specific details about the factors contributing to the predicted Belarusian GDP per capita growth from 2025 to 2030 are not available in the IMF's recent reports.
Based on general economic principles and typical IMF analyses, factors that usually contribute to GDP per capita growth in countries like Belarus include increases in productivity, structural economic reforms, expansion in industrial output or services sector, foreign direct investment, macroeconomic stability, and government policies towards infrastructure development and innovation promotion.
According to the IMF's forecast published in 2025, Belarus's GDP per capita is expected to increase to $7,880 in 2025, an increase of $90 from the previous year. By 2027, the GDP per capita in Belarus is expected to surpass the 2014 level of $8,330. The IMF projects that the GDP per capita in Belarus will reach $9,920 by 2030, representing a 25.9% increase compared to the current year (excluding dollar inflation).
It is worth noting that in comparison, the GDP per capita in Russia is forecasted to be $14,260 in the current year, while in Kazakhstan, it is expected to be $14,770 this year.
For developed countries, the IMF forecasts an average GDP per capita of $60,320. Consulting the latest IMF World Economic Outlook reports or Belarus-specific country reports from the IMF after mid-2025 would be necessary to obtain precise details on Belarus specifically from the IMF perspective, including the underlying factors contributing to the predicted GDP per capita growth from 2025 to 2030.
In light of the IMF's economic outlook and predictions, one might expect factors such as increased productivity, structural reforms, foreign direct investment, and macroeconomic stability to contribute to the growth of Belarus's GDP per capita, as these factors are typical in the IMF's analysis of similar economies. From the IMF's forecast published in 2025, it is projected that the Belarus's GDP per capita will reach $9,920 by 2030, demonstrating a significant growth in the finance sector and business environment of the country.
