• Population 9,483,499
  • Area (km2) 207,600
  • GDP per capita (USD) 6,330.07
  • TPES (Mtoe) 26.96
  • Energy intensity
    (toe/103 2010 USD)
  • CO2 emissions - energy (MtCO2) 57.1

Belarus’s overall risk level against
the assessed areas is low.

While Belarus has the relevant policies and measures in place, there is potential for improvement. Attention should be given to strengthening its regulatory effectiveness.

risk level

Of the three risks assessed in EIRA, breach of State obligations is lower compared to discrimination between domestic and foreign investors and unpredictable policy and regulatory change.
  • 31%
    Unpredictable policy and regulatory changes
  • 29%
    Discrimination between foreign and domestic investors
  • 28%
    Breach of state obligations

indicator performance

Belarus’ performance is good on all four indicators. On management of decision-making processes, its score is 73, followed by rule of law at 72. Its scores on regulatory environment and investment conditions (69) and foresight of policy and regulatory change (61) are the same as in EIRA 2020.

Sub-indicator performance

On a more detailed level, Belarus’ overall sub-indicator performance is good. The highest-scoring sub-indicator is restrictions on FDI at 100, followed by management and settlement of investor-State disputes at 85. Its score is good on the sub-indicators transparency (78), communication of vision and policies (73) and institutional governance (69). It has maintained its scores from EIRA 2020 on respect for property rights (58). On robustness of policy goals and commitments, its score has increased by a point, from 49 to 50. Regulatory effectiveness is the lowest-scoring sub-indicator at 39.