Economy of Belarus. Statistics, Data and Indicators

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

Belarus Major Economic Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 63.08 USD Billion | 2019 |
GDP Annual Growth Rate | -3.3 % | 2Q/20 |
GDP per capita | 6678 USD | 2019 |
Inflation Rate YoY | 7.7 % | Jan/21 |
Interest Rate | 7.75 % | Jan/21 |
Unemployment Rate | 0.2 % | Dec/19 |
Wages | 1475 BYN/Month | 566.872 USD/Month | Dec/20 |
Balance of Trade | -408 USD Million | -0.408 B USD | Dec/20 |
Current Account | 609 USD Million | 0.609 B USD | 3Q/20 |
Foreign Exchange Reserves | 7203 USD Million | 7.203 B USD | Jan/21 |
Government Debt | 57775888 BYN Thousand | 22.204 B USD | Dec/20 |
GDP

63.08
USD Billion
#81 from 174 countries
GDP per capita

6678
USD
#81 from 169 countries
GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 63.08 USD Billion | 2019 |
GDP Annual Growth Rate | -3.3 % | 2Q/20 |
GDP per capita | 6678 USD | 2019 |
GDP Constant Prices | 33189 BYN Million | 12.755 B USD | 3Q/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 | 0.485 B USD | 1Q/20 |
GDP From Services | 16112 BYN Million | 6.192 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 | -1244115 BYN Thousand | -0.478 USD Billion | Dec/20 |
Government Spending | 4771 BYN Million | 1.834 USD Billion | 3Q/20 |
Government Debt | 57775888 BYN Thousand | 22.204 USD Billion | Dec/20 |
Government Revenues | 3329803 BYN Thousand | 1.28 USD Billion | Dec/20 |
Fiscal Expenditure | 4573918 BYN Thousand | 1.758 B USD | Dec/20 |
Government Budget to GDP | 2.3 % | 2019 |
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 | 6.6 % | Jan/21 |
Gasoline Prices | 0.7 USD/Liter | Jan/21 |
Inflation Rate YoY | 7.7 % | Jan/21 |
Producer Prices | 17236 index points | Jan/21 |
Inflation Rate Mom | 1.1 % | Jan/21 |
Core Consumer Prices | 101 Index Points | Jan/21 |
Producer Prices Change | 8 % | Dec/20 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | -2 % | 2019 |
Weapons Sales | 115 USD Million | 2019 |
Balance of Trade | -408 USD Million | -0.408 USD Billion | Dec/20 |
Capital Flows | 475 USD Million | 0.475 USD Billion | 3Q/20 |
Current Account | 609 USD Million | 0.609 USD Billion | 3Q/20 |
Exports | 2874 USD Million | 2.874 USD Billion | Dec/20 |
External Debt | 40561 USD Million | 40.561 USD Billion | 3Q/20 |
Foreign Exchange Reserves | 7203 USD Million | 7.203 USD Billion | Jan/21 |
Imports | 3282 USD Million | 3.282 USD Billion | Dec/20 |
Tourist Arrivals | 405472 Persons | 0.405 Million Persons | 2019 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Gold Reserves | 50.04 Tonnes | 4Q/20 |
Interest Rate | 7.75 % | Jan/21 |
Money Supply M0 | 4107 BYN Million | 1.578 USD Billion | Jan/21 |
Money Supply M1 | 10032 BYN Million | 3.855 USD Billion | Jan/21 |
Money Supply M2 | 20541 BYN Million | 7.894 USD Billion | Jan/21 |
Money Supply M3 | 50835 BYN Million | 19.537 USD Billion | Jan/21 |
Deposit Interest Rate | 6.75 % | Jan/21 |
Foreign Direct Investment | -55.8 USD Million | -0.056 B USD | 3Q/20 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Minimum Wages | 400 BYN/Month | 153.728 USD/Month | 2021 |
Retirement Age Men | 62.5 | 2021 |
Retirement Age Women | 57.5 | 2021 |
Unemployment Rate | 0.2 % | Dec/19 |
Wages | 1475 BYN/Month | 566.872 USD/Month | Dec/20 |
Employed Persons | 4303 Thousand Person | 4.303 Million Person | Dec/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 | 8.8 Thousand Persons | 0.009 Million Persons | Dec/19 |
Wage Growth | 19 % | Dec/20 |
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 | Oct/20 |
Industrial Production | 8.5 % | Jan/21 |
Mining Production | -1.1 % | Jan/21 |
Steel Production | 200 Thousand Tonnes | Dec/20 |
Industrial Production (MoM) | 1.7 % | Dec/20 |
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 | 8.2 % | Jan/21 |
Leading Economic Index | 1.3 % | Jan/21 |
Consumer Indicators
Indicator | Data | Period |
---|---|---|
Retail Sales MoM | 14.4 % | Dec/20 |
Retail Sales YoY | -0.1 % | Dec/20 |
Consumer Credit | 5552 BYN Million | 2.134 USD Billion | Dec/20 |
Consumer Spending | 17530 BYN Million | 6.737 USD Billion | 3Q/20 |
Government Debt

22.204
USD Billion
#43 from 65 countries
Balance of Trade

-0.408
USD Billion
#79 from 173 countries
Gold Reserves

50.04
Tonnes
#46 from 114 countries
Foreign Exchange Reserves

7.203
USD Billion
#67 from
114 countries
Government Budget Value

-0.478
USD Billion
#61 from 113 countries
Inflation Rate

7.7
%
#40 from
174 countries
Interest Rate

7.75
%
#29 from
159 countries
Bank Lending Rate

N/A%
#N/A from
N/A countries
Unemployment Rate

0.2
%
#168 from
171 countries
Wages

566.872
USD/Month
#58 from
82 countries
Retirement Age


62.5
57.5
men
women
Taxes


18%
13%
company profits
income of individuals