There is growing consumer demand in Belarus that offers big opportunities for investors.
As Belarus has grown and prospered, there has been a corresponding increase in disposable income and, in turn, the emergence of greater consumer demand – which has yet to be met – and will continue to grow at a rapid rate.
GDP per capita was approximately US $5,000 in 2009 and disposable income hit US $30 billion in 2008, double the amount in 2005, as real incomes grew at an annual rate of 12%.
The International Monetary Fund expects domestic demand to grow by 1.3% in 2010, 4.6% in 2011 and 8.3% in 2012.
Until recently this rapidly expanding market remained out of sight of foreign investors and, even now, only a small number of multinational businesses have woken up to its potential.