Salaries in Belarus range from a minimum average of $3,763.03 to a maximum average of $66,381. The average income is calculated by gross national income and population. Average Salary in Belarus. Belarus is not so rich country and it development affects the prices and lifestyle of its people in general. The cost of living in Minsk is 100 percent higher than the national average. The economy of Belarus is the world's 72nd-largest economy by GDP based on purchasing power parity (PPP), which in 2019 stood at $195 billion, or $20,900 per capita.. As part of the former Soviet Union, Belarus had a relatively well-developed industrial base; it retained this industrial base following the break-up of the USSR, as well as a broad agricultural base and a high education-level. Here is a short guide to taxation in Belarus – with an overview of taxes here.For an in-depth guide visit Deloitte’s Belarus business and investment guide. The smallest budget per capita exists in the Democratic Republic of the Congo. A single person monthly costs: 437.52$ (1,123.73BYN) without rent. Average income around the world The worldwide highest income is earned in Monaco.
Summary about cost of living in Minsk, Belarus: Four-person family monthly costs: 1,572.58$ (4,039.04BYN) without rent (using our estimator). Minimum wages are low, not more than $135 and that cannot cover the rent, not to speak about other expenses. Belarus's Annual Household Income per Capita reached 4,122.989 USD in Dec 2019, compared with the previous value of 3,766.769 USD in Dec 2018. In our comparison over 78 countries, the USA comes 9th with an average income of 65,760 USD. Those figures are, however, just guidelines as they don’t reflect the true amount you will earn as an individual. Belarus's Annual Household Income per Capita data is updated yearly, available from Dec 1995 to Dec 2019, with an averaged value of 3,492.550 USD.

Cost of living index in Minsk is 67.40% lower than in New York. Trends in wages decreased by -100.0 percent in Q2 2020. All businesses which are tax resident in Belarus are liable for tax on profits derived from the sale of products, goods, services and other assets, plus other incomes, at 18% (since 2012). Projects & Operations ... Income level: Upper middle ... Average Monthly Temperature 1901 - 2009 (C) Average Monthly Rainfall 1901 - 2009 (mm) The Climate Change Knowledge Portal is a hub of information, data and reports about climate change around the world. Corporate Tax. The average salary in Minsk is Br 25k. We’ve already seen what a person working in Belarus will typically earn per year/month/hour. Rent in Minsk is, on average, 89.07% lower than in New York. Taxation in Belarus. Belarus: Average Salary, Minimum Wage & Mortgages. Belarus Jump to. The data reached an all-time high of 537,140.873 USD in Dec 1995 and a record low of 637.810 …