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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 63.08 USD Billion 2019
GDP Annual Growth Rate -0.2 % 3Q/20
GDP per capita 6678 USD 2019
Inflation Rate YoY 8.5 % Mar/21
Interest Rate 8.5 % Apr/21
Unemployment Rate 0.2 % Dec/19
Wages 1385 BYN/Month | 543.436 USD/Month Mar/21
Balance of Trade -14.8 USD Million | -0.015 B USD Feb/21
Current Account 297 USD Million | 0.297 B USD 4Q/20
Foreign Exchange Reserves 6940 USD Million | 6.94 B USD Mar/21
Government Debt 59320636 BYN Thousand | 23.276 B USD Mar/21


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 % 3Q/20
GDP per capita 6678 USD 2019
GDP Constant Prices 32474 BYN Million | 12.742 B USD 4Q/20
GDP per capita PPP 19150 USD 2019
GDP From Agriculture  5314 BYN Million | 2.085 B USD 3Q/20
GDP From Construction  2355 BYN Million | 0.924 B USD 3Q/20
GDP From Public Administration  1528 BYN Million | 0.6 B USD 3Q/20
GDP From Services  18060 BYN Million | 7.086 B USD 3Q/20
GDP From Transport  1971 BYN Million | 0.773 B USD 3Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 30.9 % 4Q/20
Government Budget Value -472048 BYN Thousand | -0.185 USD Billion Mar/21
Government Spending 4881 BYN Million | 1.915 USD Billion 4Q/20
Government Debt 59320636 BYN Thousand | 23.276 USD Billion Mar/21
Government Revenues 3086546 BYN Thousand | 1.211 USD Billion Mar/21
Fiscal Expenditure  3558595 BYN Thousand | 1.396 B USD Mar/21
Government Budget to GDP 2.3 % 2019
Military Expenditure 760 USD Million | 0.76 B USD 2019


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 6868409344 index points Mar/19
Food Inflation 7.8 % Mar/21
Gasoline Prices 0.75 USD/Liter Apr/21
Inflation Rate YoY 8.5 % Mar/21
Producer Prices 17729 index points Mar/21
Inflation Rate Mom 0.7 % Mar/21
Core Consumer Prices 101 Index Points Mar/21
Producer Prices Change  9.5 % Mar/21


Trade Indicators

Indicator Data Period
Current Account to GDP -2 % 2019
Weapons Sales 23 USD Million 2020
Balance of Trade -14.8 USD Million | -0.015 USD Billion Feb/21
Capital Flows 226 USD Million | 0.226 USD Billion 4Q/20
Current Account 297 USD Million | 0.297 USD Billion 4Q/20
Exports 2650 USD Million | 2.65 USD Billion Feb/21
External Debt 42149 USD Million | 42.149 USD Billion 4Q/20
Foreign Exchange Reserves 6940 USD Million | 6.94 USD Billion Mar/21
Imports 2664 USD Million | 2.664 USD Billion Feb/21
Tourist Arrivals 405472 Persons | 0.405 Million Persons 2019


Money Indicators

Indicator Data Period
Gold Reserves 50.04 Tonnes 4Q/20
Interest Rate 8.5 % Apr/21
Money Supply M0 4140 BYN Million | 1.624 USD Billion Mar/21
Money Supply M1 9677 BYN Million | 3.797 USD Billion Mar/21
Money Supply M2 20510 BYN Million | 8.048 USD Billion Mar/21
Money Supply M3 50897 BYN Million | 19.971 USD Billion Mar/21
Deposit Interest Rate 7.5 % Apr/21
Foreign Direct Investment 118 USD Million | 0.118 B USD 4Q/20


Labor Indicators

Indicator Data Period
Minimum Wages 400 BYN/Month | 156.949 USD/Month 2021
Retirement Age Men 62.5 2021
Retirement Age Women 57.5 2021
Unemployment Rate 0.2 % Dec/19
Wages 1385 BYN/Month | 543.436 USD/Month Mar/21
Employed Persons 4298 Thousand Person | 4.298 Million Person Mar/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 8.8 Thousand Persons | 0.009 Million Persons Dec/19
Wage Growth  14.1 % Feb/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 % 2020
Social Security Rate 35 % 2019
Social Security Rate For Companies 34 % 2019
Social Security Rate For Employees 1 % 2019


Production Indicators

Indicator Data Period
Crude Oil Production 34 BBL/D/1K Dec/20
Industrial Production 9.2 % Mar/21
Mining Production -1.6 % Feb/21
Steel Production 200 Thousand Tonnes Dec/20
Industrial Production (MoM) 1.3 % Feb/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 7.5 % Feb/21
Leading Economic Index  0.9 % Mar/21


Consumer Indicators

Indicator Data Period
Retail Sales MoM -4.4 % Feb/21
Retail Sales YoY -6.2 % Feb/21
Consumer Credit 5327 BYN Million | 2.09 USD Billion Feb/21
Consumer Spending 16753 BYN Million | 6.573 USD Billion 4Q/20


Government Debt
dept_icon
23.276
USD Billion
#43 from 65 countries
Balance of Trade
balance_icon
-0.015
USD Billion
#79 from 173 countries


Gold Reserves
gold_reserve_icon
50.04
Tonnes
#46 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
6.94
USD Billion
#67 from 114 countries


Government Budget Value
balance_icon
-0.185
USD Billion
#61 from 113 countries
Inflation Rate
inflation_icon
8.5
%
#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
543.436
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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