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01 June 2020, 09:27

Belarus: Figures and Facts

Belarus: Figures and Facts

Real economy sector

Belaruskali accounts for 20% of the world's potash output.*

Belarus ranks 2nd in the world in terms of potash fertilizer production.

Minsk Tractor Works (MTZ) is one of the world's eight largest manufacturers of farm machines. Every 10th wheeled tractor in the world is Belarus-made.

BelAZ holds 30% of the global market of super heavy-duty vehicles.

In 2019, Belarus ranked 46th out of 150 countries in the competitive industrial performance index.

Belarus goes first in the per capita potato production and is one of the world's seven major potato producers.

Belarus is in 14th place out of 190 countries on the ease of registering property.**

Belarus is the safest country in terms of the potential danger of terrorist attacks: 138th place out of 138 according to the Global Terrorism Index 2019.

Belarus' sovereign credit rating in terms of foreign currency liabilities stands at level B with a stable outlook (S&P Global Ratings and Fitch Ratings).

Belarus ranks 26th out of 234 countries in terms of the number of bilateral investment agreements (according to UNCTAD).

Every year, around 100 million tonnes of European cargo is transported through the territory of Belarus.

* According to the International Fertilizer Association.

** According to the World Bank's Doing Business 2020 ranking.

Source: Institute of Economics of the National Academy of Sciences of Belarus

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