Updated at 17:25,07-01-2021

Over Three Million Belarusians Can’t Afford Minimum Of Goods And Services

TUT.BY / BelarusFeed

Over Three Million Belarusians Can’t Afford Minimum Of Goods And Services
For the third year in a row, the number of Belarusians who can’t afford a minimum set of goods and services is growing.

This is almost 34% of the total population of the country.

Last year there were 3,010,300 people whose average monthly per capita disposable resources did not exceed the minimum consumer budget per each member of a four-person family.

At present, the minimum consumption budget is BYN 317,72 (~$149). The information is provided by the National Statistical Committee of Belarus. The disturbing situation is observed for the third year in a row.

Two years ago the average monthly per capita disposable resources of 2,719,200 Belarusians didn’t exceed the minimum consumer budget. There were 2,112,000 people in 2015 and 1,691,900 people in 2014.

Recall that there were 528,100 people whose average per capita disposable resources were below the subsistence minimum budget (and 498,500 people in 2016).

Their average per capita disposable resources were below the per capita minimum subsistence budget per month of BYN 192.4 (~$89,92).

*The average per capita income measures the average income earned per person in a given area in a specified year. It is calculated by dividing the area’s total income by its total population.

This is used to see the wealth of the population with those of others. All citizens are taken into account, including the unemployed, pensioners, and minors.

Per capita income is often used to measure a country’s standard of living and should be distinguished from average wages.