Real disposable income down by 3.6 percent in 2022
February 15, BPN. The National Statistics Committee (Belstat) has reported a decrease in people’s real disposable income for the first time since 2016.
Belstat said on its website that it fell by 3.6 percent in 2022. The authorities’ plan was to increase it by 2 percent.
The drop occurred amid a 4.7 percent fall in GDP, primarily caused by western sanctions against the Belarusian authorities who supported Russian invasion of Ukraine, and by the lack of access to the Ukrainian market.
After falling by 5.9 percent in 2015 and by 6.9 percent in 2016, real disposable income had been steadily rising, according to official statistics.
News
- Politics
- PoliticsNGOs attempted a coup in 2020 – Belarusian ambassador claimsThe material is available only to POZIRK+
- SocietyGeorgia did not satisfy a single asylum request from Belarusians in 2019–2024The material is available only to POZIRK+
- Politics, SecurityBelarus reports death of a foreigner at Latvian borderThe material is available only to POZIRK+
- Politics
- EconomyBelarus officials, entrepreneurs discussing ways to improve business conditionsThe material is available only to POZIRK+
- Politics, SocietyGovernment brands 30 people as extremistsThe material is available only to POZIRK+
- PoliticsUkraine's outgoing envoy: democratic change possible in Belarus after Russia's defeatThe material is available only to POZIRK+
- Politics, SecurityBiełaruski Hajun shuts down after security breachThe material is available only to POZIRK+
- Economy
- PoliticsCichanoŭskaja asks Albania to use UN to help Belarusian political prisonersThe material is available only to POZIRK+
- EconomyBelarusians net sellers of foreign currency in JanuaryThe material is available only to POZIRK+
- EconomyBelarus’ foreign exchange reserves up 4.6 percent in JanuaryThe material is available only to POZIRK+
- PoliticsOpposition, Pact of Free Cities agree on self-government training for BelarusiansThe material is available only to POZIRK+
- SocietyOfficials boast expanding cell service coverage in 2024The material is available only to POZIRK+
- Elections, Politics
- EconomyGovernment cuts export duties on selected oil products by 60 percentThe material is available only to POZIRK+
- PoliticsReprisals: data breach of opposition chat fuels evacuation requestsThe material is available only to POZIRK+
- Society
- EconomyRussia’s Lada outsells China's Geely in BelarusThe material is available only to POZIRK+
- PoliticsHuman rights activists designate 16 as former political prisonersThe material is available only to POZIRK+
- PoliticsLocal officials to approve appointments of CEOs to private companiesThe material is available only to POZIRK+
- Politics
- PoliticsOpposition politician Łatuška meets with Dutch ambassador in WarsawThe material is available only to POZIRK+
- PoliticsCIS states debate AI regulationsThe material is available only to POZIRK+
- Economy
- Economy
- EconomyŁukašenka wants district authorities to have more control over private businessesThe material is available only to POZIRK+
- EconomyUK, Lithuania pull out of double tax treaties with BelarusThe material is available only to POZIRK+
- Politics