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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 -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
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 -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



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
dept_icon
22.204
USD Billion
#43 from 65 countries
Balance of Trade
balance_icon
-0.408
USD Billion
#79 from 173 countries


Gold Reserves
gold_reserve_icon
50.04
Tonnes
#46 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
7.203
USD Billion
#67 from 114 countries


Government Budget Value
balance_icon
-0.478
USD Billion
#61 from 113 countries
Inflation Rate
inflation_icon
7.7
%
#40 from 174 countries


Interest Rate
discount_rate_icon
7.75
%
#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
566.872
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