CENTRAL & EASTERN EUROPE · INVESTMENT GUIDE

Belarus: investment climate and market data

Belarus scores 40 out of 100 on the Invest Global investability score (high), ranking 164 of 199 countries. Its strongest pillar is macro and financial stability (75) and its weakest is institutions and rule of law (23). The score is capped: heavy sanctions or capital restrictions on foreign investors.

40/ 100 · High · grade C · High confidence
GDP
$93.4 billion
2025 · World Bank
Real GDP growth
1.3%
2025 · World Bank
Inflation
6.6%
2025 · World Bank
FDI inflows
1.8% of GDP
2025 · World Bank
Government debt
33% of GDP
2025 · IMF
Reserves
3.0 months of imports
2025 · World Bank
Population
9.1 million
2025 · World Bank
GDP per person
$10,279
2025 · World Bank

Why Belarus scores 40

Institutions and rule of law25%23
Openness to foreign investment20%73
Macro and financial stability18%75
Political stability and security10%56
Growth and upside12%25
Market depth and infrastructure15%57

Six weighted pillars from World Bank, OECD and IMF indicators. See the method, weights and every country.

Openness to foreign investors

The OECD FDI Regulatory Restrictiveness Index for Belarus is 0.09 on a scale from 0 (fully open) to 1 (closed), as of 2025. That is moderately open, with some sector limits.

Where Belarus is most exposed by sector

Industrials and Manufacturing
73
High exposure
Energy (oil and gas)
68
High exposure
Technology
67
High exposure
Critical Minerals and Rare Earths
64
High exposure

Exposure scores show how important each sector is to the economy, not how attractive it is to invest in. Browse all sectors.

Natural resources

4 mines and deposits are mapped in Belarus. It produces 10.7% of world potash. Power capacity is 8.5 GW. See the minerals, mines and power plants.

Go deeper on Belarus

The interactive profile adds ownership rules, residency routes, FDI flows and infrastructure. The Terminal lets you screen and compare 199 markets side by side and export the data. Need a tailored view of one market?

Educational research, not investment, legal or tax advice. Scores are screening tools built from public data and are not forecasts or ratings. Figures are the latest available from the named source and may lag. Confirm everything with local advisers before committing capital. Sources: World Bank WDI and WGI, IMF World Economic Outlook, OECD. Data as of 2026-10-09.