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Economy of Belarus. Statistics, Data and Indicators

flag
Belarus
25B Credit rank #99
N/A Quality of life #
66 Corruption rank#63
49 Ease of doing business#37
Belarus


Belarus Major Economic Indicators

Indicator Data Period
GDP Value 63.08 USD Billion 2019
GDP Annual Growth Rate -0.2 % 1Q/20
GDP per capita 6678 USD 2019
Inflation Rate YoY 5.6 % Aug/20
Interest Rate 7.75 % Aug/20
Unemployment Rate 0.2 % Jul/20
Wages 1288 BYN/Month | 495.537 USD/Month Jul/20
Balance of Trade -194 USD Million | -0.194 B USD Jul/20
Current Account 273 USD Million | 0.273 B USD 2Q/20
Foreign Exchange Reserves 7458 USD Million | 7.458 B USD Aug/20
Government Debt 53123188 BYN Thousand | 20.438 B USD Jul/20


GDP
vvp
63.08
USD Billion
#81 from 174 countries
GDP per capita
vvp
6678
USD
#81 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 63.08 USD Billion 2019
GDP Annual Growth Rate -0.2 % 1Q/20
GDP per capita 6678 USD 2019
GDP Constant Prices 18604 BYN Million | 7.158 B USD 1Q/20
GDP per capita PPP 19150 USD 2019
GDP From Agriculture  978 BYN Million | 0.376 B USD 1Q/20
GDP From Construction  1758 BYN Million | 0.676 B USD 1Q/20
GDP From Public Administration  1263 BYN Million | 0.486 B USD 1Q/20
GDP From Services  16112 BYN Million | 6.199 B USD 3Q/19
GDP From Transport  1854 BYN Million | 0.713 B USD 1Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 26.5 % 1Q/20
Government Budget Value 374211 BYN Thousand | 0.144 USD Billion Jul/20
Government Spending 2737 BYN Million | 1.053 USD Billion 1Q/20
Government Debt 53123188 BYN Thousand | 20.438 USD Billion Jul/20
Government Revenues 3875822 BYN Thousand | 1.491 USD Billion Jul/20
Fiscal Expenditure  3501611 BYN Thousand | 1.347 B USD Jul/20
Government Budget to GDP 4 % 2018
Military Expenditure 713 USD Million | 0.713 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 6868409344 index points Mar/19
Food Inflation 4.6 % Aug/20
Gasoline Prices 0.74 USD/Liter Aug/20
Inflation Rate YoY 5.6 % Aug/20
Producer Prices 101 index points Aug/20
Inflation Rate Mom 0.2 % Jul/20
Core Consumer Prices 101 Index Points Aug/20
Producer Prices Change  4.4 % Jul/20


Trade Indicators

Indicator Data Period
Current Account to GDP -2.3 % 2018
Weapons Sales 115 USD Million 2019
Balance of Trade -194 USD Million | -0.194 USD Billion Jul/20
Capital Flows 560 USD Million | 0.56 USD Billion 2Q/20
Current Account 273 USD Million | 0.273 USD Billion 2Q/20
Exports 2450 USD Million | 2.45 USD Billion Jul/20
External Debt 41116 USD Million | 41.116 USD Billion 2Q/20
Foreign Exchange Reserves 7458 USD Million | 7.458 USD Billion Aug/20
Imports 2644 USD Million | 2.644 USD Billion Jul/20
Tourist Arrivals 365534 Persons | 0.366 Million Persons 2018


Money Indicators

Indicator Data Period
Gold Reserves 49.3 Tonnes 2Q/20
Interest Rate 7.75 % Aug/20
Money Supply M0 4082 BYN Million | 1.57 USD Billion Aug/20
Money Supply M1 9559 BYN Million | 3.678 USD Billion Aug/20
Money Supply M2 19285 BYN Million | 7.42 USD Billion Aug/20
Money Supply M3 51288 BYN Million | 19.732 USD Billion Aug/20
Deposit Interest Rate 6.75 % Aug/20
Foreign Direct Investment 1469 USD Million | 1.469 B USD 1Q/20


Labor Indicators

Indicator Data Period
Minimum Wages 330 BYN/Month | 126.962 USD/Month 2019
Retirement Age Men 61 2018
Retirement Age Women 56 2018
Unemployment Rate 0.2 % Jul/20
Wages 1288 BYN/Month | 495.537 USD/Month Jul/20
Employed Persons 4309 Thousand Person | 4.309 Million Person Jul/20
Living Wage Family 515 BYN/Month | 217.107 USD/Month 2018
Living Wage Individual 265 BYN/Month | 111.715 USD/Month 2018
Unemployed Persons 10.2 Thousand Persons | 0.01 Million Persons Nov/19
Wage Growth  14.6 % May/20
Wages High Skilled 589 BYN/Month | 248.303 USD/Month 2018
Wages Low Skilled  395 BYN/Month | 166.519 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 34 BBL/D/1K May/20
Industrial Production -2.2 % Aug/20
Mining Production -1.8 % Aug/20
Steel Production 210 Thousand Tonnes Jul/20
Industrial Production (MoM) 4.8 % Jun/20


Business Indicators

Indicator Data Period
Corruption Index 45 index points 2019
Corruption Rank 66 place 2019
Ease of Doing Business 49 place 2019
Manufacturing Production -2.2 % Aug/20
Leading Economic Index  -1.3 % Aug/20


Consumer Indicators

Indicator Data Period
Retail Sales MoM 4.1 % Jun/20
Retail Sales YoY 0.8 % Jun/20
Consumer Credit 5744 BYN Million | 2.21 USD Billion Jul/20
Consumer Spending 11529 BYN Million | 4.436 USD Billion 1Q/20


Government Debt
dept_icon
20.438
USD Billion
#43 from 65 countries
Balance of Trade
balance_icon
-0.194
USD Billion
#79 from 173 countries


Gold Reserves
gold_reserve_icon
49.3
Tonnes
#46 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
7.458
USD Billion
#67 from 114 countries


Government Budget Value
balance_icon
0.144
USD Billion
#61 from 113 countries
Inflation Rate
inflation_icon
5.6
%
#40 from 174 countries


Interest Rate
discount_rate_icon
7.75
%
#29 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
0.2
%
#168 from 171 countries
Wages
salary_icon
495.537
USD/Month
#58 from 82 countries


Retirement Age
man_icon
woman_icon
61
56
men
women
Taxes
company_icon
private_icon
18%
13%
company profits
income of individuals