Wednesday 11/December/2024 – 05:03 AM
occupy Belarus Ranked third in the list of European countries in terms of expected GDP growth for 2024 based on data from the International Monetary Fund’s World Economic Outlook.
Belarus’s GDP expands
According to what was published by the Belarusian News Agency, Belarus’s GDP will expand by 3.6% in 2024, and Belarus shares third place with Russia, which the International Monetary Fund expects to grow by 3.6% as well.
At the top of the list, Malta stands out with an economy that focuses heavily on services, including tourism and financial services, and Malta’s GDP growth is expected to reach 5%.
While Serbia’s economy also gained momentum in 2024, driven by services such as trade, tourism, restaurants and construction, its GDP may expand by 3.9%, according to the International Monetary Fund.
GDP growth in Poland and Lithuania is expected to be 3.0% and 2.4%, respectively.
The agency quoted International Monetary Fund data: European countries have faced major challenges recently, including a contraction in business activity and the euro reaching its lowest levels against the dollar since 2022. Despite these headwinds, some countries have shown strong economic growth in 2024.
