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Economy of Belarus. Statistics, Data and Indicators

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


Belarus Major Economic Indicators

Indicator Data Period
GDP Value 68.22 USD Billion 2021
GDP Annual Growth Rate -0.4 % 1Q/22
GDP per capita 6418 USD 2021
Inflation Rate YoY 17.9 % Aug/22
Interest Rate 12 % Aug/22
Unemployment Rate 3.9 % Dec/21
Wages 1666 BYN/Month | 647.493 USD/Month Aug/22
Balance of Trade -354 USD Million | -0.354 B USD Feb/22
Current Account 897 USD Million | 0.897 B USD 4Q/21
Foreign Exchange Reserves 7572 USD Million | 7.572 B USD Apr/22
Government Debt 60505616 BYN Thousand | 23.516 B USD May/22


GDP Indicators

Indicator Data Period
GDP Value 68.22 USD Billion 2021
GDP Annual Growth Rate -0.4 % 1Q/22
GDP per capita 6418 USD 2021
GDP Constant Prices 28117 BYN Million | 10.928 B USD 2Q/22
GDP per capita PPP 19751 USD 2021
GDP From Agriculture  1442 BYN Million | 0.56 B USD 1Q/22
GDP From Construction  1755 BYN Million | 0.682 B USD 1Q/22
GDP From Public Administration  1638 BYN Million | 0.637 B USD 1Q/22
GDP From Services  21780 BYN Million | 8.465 B USD 1Q/22
GDP From Transport  2432 BYN Million | 0.945 B USD 1Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 33.5 % 4Q/21
Government Budget Value -737604 BYN Thousand | -0.287 USD Billion May/22
Government Spending 4607 BYN Million | 1.791 USD Billion 2Q/22
Government Debt 60505616 BYN Thousand | 23.516 USD Billion May/22
Government Revenues 2967660 BYN Thousand | 1.153 USD Billion May/22
Fiscal Expenditure  3705264 BYN Thousand | 1.44 B USD May/22
Government Budget to GDP -0.3 % 2021
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 18.9 % Aug/22
Gasoline Prices 1.19 USD/Liter Aug/22
Inflation Rate YoY 17.9 % Aug/22
Producer Prices 21883 index points Aug/22
Inflation Rate Mom 0.1 % Aug/22
Core Consumer Prices 101 Index Points Aug/22
Producer Prices Change  15.6 % Aug/22


Trade Indicators

Indicator Data Period
Current Account to GDP -2.7 % 2021
Weapons Sales 98 USD Million 2021
Balance of Trade -354 USD Million | -0.354 USD Billion Feb/22
Capital Flows 577 USD Million | 0.577 USD Billion 4Q/21
Current Account 897 USD Million | 0.897 USD Billion 4Q/21
Exports 2954 USD Million | 2.954 USD Billion Feb/22
External Debt 41974 USD Million | 41.974 USD Billion 4Q/21
Foreign Exchange Reserves 7572 USD Million | 7.572 USD Billion Apr/22
Imports 3308 USD Million | 3.308 USD Billion Feb/22
Tourist Arrivals 71388 Persons | 0.071 Million Persons 2021


Money Indicators

Indicator Data Period
Gold Reserves 53.44 Tonnes 2Q/22
Interest Rate 12 % Aug/22
Money Supply M0 4673 BYN Million | 1.816 USD Billion Jan/22
Money Supply M1 11947 BYN Million | 4.643 USD Billion Jan/22
Money Supply M2 23826 BYN Million | 9.26 USD Billion Jan/22
Money Supply M3 53281 BYN Million | 20.708 USD Billion Jan/22
Deposit Interest Rate 8.25 % Dec/21
Foreign Direct Investment -113 USD Million | -0.113 B USD 3Q/21


Labor Indicators

Indicator Data Period
Minimum Wages 457 BYN/Month | 177.614 USD/Month 2022
Retirement Age Men 63 2022
Retirement Age Women 58 2022
Unemployment Rate 3.9 % Dec/21
Wages 1666 BYN/Month | 647.493 USD/Month Aug/22
Employed Persons 4202 Thousand Person | 4.202 Million Person Aug/22
Living Wage Family 515 BYN/Month | 217.107 USD/Month 2018
Living Wage Individual 265 BYN/Month | 111.715 USD/Month 2018
Unemployed Persons 196860 Thousand Persons | 196.86 Million Persons Dec/21
Wage Growth  12.13 % Apr/22
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 32 BBL/D/1K May/22
Industrial Production -6.6 % Aug/22
Mining Production 2.7 % Jun/22
Steel Production 200 Thousand Tonnes Dec/20
Industrial Production (MoM) 8.6 % Aug/22


Business Indicators

Indicator Data Period
Corruption Index 41 index points 2021
Corruption Rank 82 place 2021
Ease of Doing Business 49 place 2019
Manufacturing Production -6 % Jun/22
Leading Economic Index  3.3 % Jun/21


Consumer Indicators

Indicator Data Period
Retail Sales MoM 1.6 % Aug/22
Retail Sales YoY -5.3 % Aug/22
Consumer Credit 5242 BYN Million | 2.037 USD Billion Dec/21
Consumer Spending 16600 BYN Million | 6.452 USD Billion 2Q/22