Average house price to gross wage nationwide reached 0.196 years in 2011 in Belarus, according to the National Statistical Office. This is 8.73 % more than in the previous year.
Historically, average house price to gross wage nationwide in Belarus reached an all time high of 0.196 years in 2011 and an all time low of 0.181 years in 2010. When compared to Belarus's main peers, average house price to gross wage nationwide in Poland amounted to 6.25 years and 15.2 years in Russia in 2011.
Belarus has been ranked 34th within the group of 34 countries we follow in terms of average house price to gross wage nationwide.
The price-to-income ratio is the basic affordability measure for housing in a given area.