Belarus Unemployment Rate - Forecast

Unemployment Rate in Belarus is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Belarus to stand at 1.00 in 12 months time. In the long-term, the Belarus Unemployment Rate is projected to trend around 1.10 percent in 2020, according to our econometric models.


Belarus Unemployment Rate
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Belarus Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 0.5 1 1 1 1 1.1
Employed Persons 4349 4351 4353 4354 4356 4365
Unemployed Persons 24.7 23.49 24.41 25.52 26.68 34.14
Wages 837 834 834 833 832 827
Minimum Wages 305 305 305 305 305 341
Wage Growth 16.62 19.83 21.67 23.11 24.27 28.99
Population 9.5 9.54 9.54 9.52 9.54 9.64
Retirement Age Women 55 55 55 55 55 55
Retirement Age Men 60 60 60 60 60 60
Living Wage Family 650 650 650 650 650 650
Living Wage Individual 465 465 465 465 465 465
Wages High Skilled 581 561 562 563 561 547
Wages Low Skilled 386 371 371 371 370 367