Economy of Belarus. Statistics, Data and Indicators
Belarus
| 25B | Credit rank #99 |
| N/A | Quality of life # |
| 82 | Corruption rank#63 |
| 49 | Ease of doing business#37 |
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
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 18 % | 2022 |
| Personal Income Tax Rate | 13 % | 2022 |
| Sales Tax Rate | 20 % | 2022 |
| Social Security Rate | 35 % | 2022 |
| Social Security Rate For Companies | 28 % | 2022 |
| Social Security Rate For Employees | 1 % | 2022 |
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 |
