Belarus

  • Population 9,483,499
  • Area (km2) 207,600
  • GDP per capita (USD) 6,330.08
  • TPES (Mtoe) 25.51
  • Energy intensity
    (toe/103 2010 USD)
    0.41
  • CO2 emissions - energy (MtCO2) 54.07
DOWNLOAD BELARUS' EIRA 2020 PROFILE

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 improving the country’s regulatory effectiveness.

risk level

Among the three risks assessed in EIRA, breach of State obligations is lower than discrimination between foreign and domestic investors and unpredictable policy and regulatory change.
  • 32%
    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 the EIRA indicators. Management of decision-making processes is the highest-scoring indicator with a score of 73. On rule of law, it has a score of 72, and on regulatory environment and investment conditions 69. It has scored 61 on the indicator foresight of policy and regulatory change.

Sub-indicator performance

On a more detailed level, Belarus’ sub-indicator performance is good. The highest-scoring sub-indicator is restrictions on FDI at 100. It is followed by management and settlement of investor-State disputes, which has a score of 85. On transparency,the country’s score has increased from 75 to 77. Its score on the sub-indicator communication of vision and policies has also improved by eight points and now stands at 73. It has maintained last years’ score on institutional governance (69), and there is an increase of five points on respect for property rights, which now stands at 58. Its score on robustness of policy goals and commitments has improved by a point and is now 49. Regulatory effectiveness remains the lowest-scoring sub-indicator at 39.