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  3. Belarus

Economy of Belarus. Statistics, Data and Indicators

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


Belarus Major Economic Indicators

Indicator Data Period
GDP Value 60.26 USD Billion 2020
GDP Annual Growth Rate 0.9 % 1Q/21
GDP per capita 6678 USD 2020
Inflation Rate YoY 9.9 % Jun/21
Interest Rate 8.5 % Jun/21
Unemployment Rate 0.2 % Dec/20
Wages 1420 BYN/Month | 558.483 USD/Month May/21
Balance of Trade -38.5 USD Million | -0.038 B USD May/21
Current Account -956 USD Million | -0.956 B USD 1Q/21
Foreign Exchange Reserves 7409 USD Million | 7.409 B USD Jun/21
Government Debt 57382120 BYN Thousand | 22.568 B USD May/21


GDP
vvp
60.26
USD Billion
#81 from 174 countries
GDP per capita
vvp
6678
USD
#81 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 60.26 USD Billion 2020
GDP Annual Growth Rate 0.9 % 1Q/21
GDP per capita 6678 USD 2020
GDP Constant Prices 28796 BYN Million | 11.325 B USD 1Q/21
GDP per capita PPP 19148 USD 2020
GDP From Agriculture  1086 BYN Million | 0.427 B USD 1Q/21
GDP From Construction  1590 BYN Million | 0.625 B USD 1Q/21
GDP From Public Administration  1615 BYN Million | 0.635 B USD 4Q/20
GDP From Services  18060 BYN Million | 7.103 B USD 3Q/20
GDP From Transport  1984 BYN Million | 0.78 B USD 1Q/21


Budget Indicators

Indicator Data Period
Government Debt to GDP 37.3 % 4Q/20
Government Budget Value -193917 BYN Thousand | -0.076 USD Billion May/21
Government Spending 4683 BYN Million | 1.842 USD Billion 1Q/21
Government Debt 57382120 BYN Thousand | 22.568 USD Billion May/21
Government Revenues 3240270 BYN Thousand | 1.274 USD Billion May/21
Fiscal Expenditure  3434187 BYN Thousand | 1.351 B USD May/21
Government Budget to GDP -2.6 % 2020
Military Expenditure 785 USD Million | 0.785 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 6868409344 index points Mar/19
Food Inflation 9.1 % Jun/21
Gasoline Prices 0.79 USD/Liter Jun/21
Inflation Rate YoY 9.9 % Jun/21
Producer Prices 18603 index points Jun/21
Inflation Rate Mom 0.7 % Jun/21
Core Consumer Prices 101 Index Points Jun/21
Producer Prices Change  10 % Apr/21


Trade Indicators

Indicator Data Period
Current Account to GDP -0.4 % 2020
Weapons Sales 23 USD Million 2020
Balance of Trade -38.5 USD Million | -0.038 USD Billion May/21
Capital Flows -734 USD Million | -0.734 USD Billion 1Q/21
Current Account -956 USD Million | -0.956 USD Billion 1Q/21
Exports 2992 USD Million | 2.992 USD Billion May/21
External Debt 41159 USD Million | 41.159 USD Billion 1Q/21
Foreign Exchange Reserves 7409 USD Million | 7.409 USD Billion Jun/21
Imports 3031 USD Million | 3.031 USD Billion May/21
Tourist Arrivals 80972 Persons | 0.081 Million Persons 2020


Money Indicators

Indicator Data Period
Gold Reserves 50.02 Tonnes 1Q/21
Interest Rate 8.5 % Jun/21
Money Supply M0 4317 BYN Million | 1.698 USD Billion Jun/21
Money Supply M1 10482 BYN Million | 4.123 USD Billion Jun/21
Money Supply M2 21697 BYN Million | 8.533 USD Billion Jun/21
Money Supply M3 49478 BYN Million | 19.46 USD Billion Jun/21
Deposit Interest Rate 7.5 % Jun/21
Foreign Direct Investment 118 USD Million | 0.118 B USD 4Q/20


Labor Indicators

Indicator Data Period
Minimum Wages 400 BYN/Month | 157.319 USD/Month 2021
Retirement Age Men 62.5 2021
Retirement Age Women 57.5 2021
Unemployment Rate 0.2 % Dec/20
Wages 1420 BYN/Month | 558.483 USD/Month May/21
Employed Persons 4272 Thousand Person | 4.272 Million Person May/21
Living Wage Family 515 BYN/Month | 217.107 USD/Month 2018
Living Wage Individual 265 BYN/Month | 111.715 USD/Month 2018
Unemployed Persons 7.2 Thousand Persons | 0.007 Million Persons Dec/20
Wage Growth  17.1 % Apr/21
Wages High Skilled 589 BYN/Month | 248.303 USD/Month 2018
Wages Low Skilled  395 BYN/Month | 166.519 USD/Month 2018


Taxes

Indicator Data Period
Corporate Tax Rate 18 % 2021
Personal Income Tax Rate 13 % 2021
Sales Tax Rate 20 % 2021
Social Security Rate 35 % 2021
Social Security Rate For Companies 34 % 2021
Social Security Rate For Employees 1 % 2021


Production Indicators

Indicator Data Period
Crude Oil Production 34 BBL/D/1K Mar/21
Industrial Production 10.4 % Jun/21
Mining Production 0.1 % May/21
Steel Production 200 Thousand Tonnes Dec/20
Industrial Production (MoM) -0.8 % May/21


Business Indicators

Indicator Data Period
Corruption Index 47 index points 2020
Corruption Rank 63 place 2020
Ease of Doing Business 49 place 2019
Manufacturing Production 10.6 % May/21
Leading Economic Index  3.3 % Jun/21


Consumer Indicators

Indicator Data Period
Retail Sales MoM -2.9 % Apr/21
Retail Sales YoY 6.7 % Apr/21
Consumer Credit 5263 BYN Million | 2.07 USD Billion May/21
Consumer Spending 16192 BYN Million | 6.368 USD Billion 1Q/21


Government Debt
dept_icon
22.568
USD Billion
#43 from 65 countries
Balance of Trade
balance_icon
-0.038
USD Billion
#79 from 173 countries


Gold Reserves
gold_reserve_icon
50.02
Tonnes
#46 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
7.409
USD Billion
#67 from 114 countries


Government Budget Value
balance_icon
-0.076
USD Billion
#61 from 113 countries
Inflation Rate
inflation_icon
9.9
%
#40 from 174 countries


Interest Rate
discount_rate_icon
8.5
%
#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
558.483
USD/Month
#58 from 82 countries


Retirement Age
man_icon
woman_icon
62.5
57.5
men
women
Taxes
company_icon
private_icon
18%
13%
company profits
income of individuals


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