Flag of Belarus Belarus

Wireless payment

Digitalization

Internet usage (of pop.)
80.2%
Did online shopping (age 15+)
43 – 45%
Paid bills via internet (age 15+)
55 – 57%
Accessed a bank account online (age 15+)
45 – 47%
Paid utility bills using a mobile phone (age 15+)
10 – 12%
Made or received digital payments (age 15+)
85 – 86%

Data overview for Belarus

Wireless payment

Digitalization

Internet usage (of pop.)
80.2%
Did online shopping (age 15+)
43 – 45%
Paid bills via internet (age 15+)
55 – 57%
Accessed a bank account online (age 15+)
45 – 47%
Paid utility bills using a mobile phone (age 15+)
10 – 12%
Made or received digital payments (age 15+)
85 – 86%
Business chart

Macro data

Population 2020
9.4M
GDP Total 2020
48.3B
GDP per capita 2020 (PPP)
17,200
GDP forecast 2021
1.5%
Trade Flows (% of GDP)
113%
Cash increase

Banking data

Total bank assets 2020
28.8B
Total bank assets 2020/GDP
62%
Account ownership (age 15+)
88 – 89%
Debit card ownership (age 15+)
85 – 90%
Coin in hand

Economic data

Unemployment
4.5%
Currency
BYN
Remittances (% of GDP)
1.7%
Private Consumption (yoy)
13.5%

Data provided by Raiffeisen Research, Sources

Belarus compared to other CEE countries

Data provided by Raiffeisen Research, Sources

See all CEE countries