GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Full Year GDP Growth in Belarus increased to 4 percent in 2024 from 3.90 percent in 2023. This dataset includes a chart with historical data for Belarus Full Year GDP Growth.

The Gross Domestic Product (GDP) in Belarus was worth 71.86 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Belarus represents 0.07 percent of the world economy. This dataset provides the latest reported value for - Belarus GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Belarus gdp growth rate for 2023 was 3.89%, a 8.54% increase from 2022.

• Belarus gdp growth rate for 2022 was -4.66%, a 7.1% decline from 2021.
• Belarus gdp growth rate for 2021 was 2.44%, a 3.11% increase from 2020.
• Belarus gdp growth rate for 2020 was -0.67%, a 2.12% decline from 2019.

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

The gross domestic product (GDP) in current prices in Belarus was forecast to continuously increase between 2024 and 2029 by in total 18.3 billion U.S. dollars (+25.02 percent). After the sixth consecutive increasing year, the GDP is estimated to reach 91.43 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.Find more statistics on other topics about Belarus with key insights such as the average inflation rate, the share in the global GDP adjusted for purchasing power parity, and the ratio of government expenditure to the gross domestic product.

Monthly GDP YoY in Belarus decreased to 3.10 percent in February from 3.70 percent in January of 2025. This dataset includes a chart with historical data for Belarus Monthly GDP YoY.

The regional economy of the Commonwealth of Independent States (CIS), including Georgia, Turkmenistan, and Ukraine, was estimated to have 3.3 percent in 2023. The gross domestic product (GDP) of several countries in the region was negatively impacted by the Russia-Ukraine war that began in February of that year. For instance, the Belarusian economy was estimated to have regain around 0.7 percent of its GDP in 2025.

GDP from Services in Belarus increased to 31228.60 BYN Million in the third quarter of 2024 from 30789.20 BYN Million in the second quarter of 2024. This dataset provides - Belarus Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Belarus GDP for was $0.00, a 100% decline from 2023.

• Belarus GDP for 2023 was 71.86 billion US dollars, a 2.6% decline from 2022.
• Belarus GDP for 2022 was 73.78 billion US dollars, a 5.89% increase from 2021.
• Belarus GDP for 2021 was 69.67 billion US dollars, a 13.53% increase from 2020.

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

The Gross Domestic Product per capita in Belarus was last recorded at 27718.32 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Belarus, when adjusted by Purchasing Power Parity is equivalent to 156 percent of the world's average. This dataset provides the latest reported value for - Belarus GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Belarus Total Exports

• Belarus Total Exports dropped 11.4 % YoY in Jan 2025, compared with a decrease of 8.9 % YoY in the previous month
• Belarus Total Exports Growth data is updated monthly, available from Jan 2001 to Jan 2025, with an averaged rate of 9.9 %
• The data reached an all-time high of 99.2 % in Jan 2012 and a record low of -50.7 % in Mar 2009

CEIC calculates Total Exports Growth from monthly Total Exports. The National Bank of the Republic of Belarus provides Total Exports, FOB, in USD.


Further information about Belarus Total Exports

• In the latest reports, Belarus Total Exports recorded 2.7 USD bn in Jan 2025
• Total Imports recorded 3.1 USD bn in Jan 2025, which registered an increase of 1.0 % year on year
• Belarus Trade Balance recorded a deficit of 235.2 USD mn in Jan 2025

Key information about Belarus Total Imports Growth

• Belarus Total Imports grew 1.0 % YoY in Jan 2025, compared with a decrease of 5.5 % YoY in the previous month
• Belarus Total Imports Growth data is updated monthly, available from Jan 2001 to Jan 2025, with an averaged rate of 7.5 %
• The data reached an all-time high of 81.4 % in Dec 2004 and a record low of -42.6 % in Jul 2009

CEIC calculates Total Imports Growth from monthly Total Imports. The National Bank of the Republic of Belarus provides Total Imports, FOB, in USD.


Further information about Belarus Total Imports Growth

• In the latest reports, Belarus Total Imports recorded 3.1 USD bn in Jan 2025
• Total Exports reached 2.7 USD bn in Jan 2025, which registered a decrease of 11.4 % year on year
• Belarus Trade Balance recorded a deficit of 235.2 USD mn in Jan 2025

GDP from Manufacturing in Belarus decreased to 12714.30 BYN Million in the third quarter of 2024 from 13364.20 BYN Million in the second quarter of 2024. This dataset provides - Belarus Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Belarus's Trade Balance

• Belarus's Trade Balance recorded a deficit of 235.2 USD mn in Jan 2025, compared with a deficit of 641.9 USD mn in the previous month
• Belarus's Trade Balance data is updated monthly, available from Jan 2000 to Jan 2025, with an averaged value of -39.5 USD mn
• The data reached an all-time high of 745.5 USD mn in Nov 2021 and a record low of -1.3 USD bn in Nov 2010

The National Bank of the Republic of Belarus provides Trade Balance in USD. Trade Balance of goods and services is used.

Further information about Belarus's Trade Balance

• In the latest reports, Belarus's Total Exports reached 2.7 USD bn in Jan 2025, a decrease of 1.0% YoY (year-on-year)
• Total Imports recorded 3.1 USD bn in Jan 2025, an increase of 1.0% YoY (year-on-year)

Key information about Belarus Industrial Production Index Growth

• Belarus Industrial production rose 2.9 % YoY in Jan 2025, following an increase of 4.3 % YoY in the previous month.
• Belarus Industrial production index growth rate YoY data is updated monthly, available from Jan 2002 to Jan 2025, with an average rate of 5.5 %.
• The data reached an all-time high of 21.8 % in Sep 2004 and a record low of -12.2 % in Jul 2022.

CEIC calculates Industrial Production Index Growth from monthly Industrial Production Index. The National Statistical Committee of the Republic of Belarus provides Industrial Production Index with base Same Month Previous Year=100.

GDP, PPP (constant 2017 international $) in Belarus was reported at 254407029633 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Belarus - GDP, PPP (constant 2005 international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Key information about Belarus Retail Sales Growth

• Belarus Retail Sales grew 12.2 % YoY in Jan 2025, compared with a 12.1 % increase in the previous month.
• Belarus Retail Sales Growth YoY data is updated monthly, available from Oct 2008 to Jan 2025, with an average growth rate of 5.3 %.
• The data reached an all-time high of 26.3 % in May 2011 and a record low of -8.3 % in Sep 2009.
• In the latest reports, Car Sales of Belarus recorded 63,275.0 units in Dec 2019, representing a growth of 20.9 %.

CEIC calculates monthly Retail Sales: Incl. Motor Vehicles Growth from monthly Retail Trade Turnover Index. The National Statistical Committee of the Republic of Belarus provides Retail Trade Turnover Index with base Same Month Previous Year=100.

Belarus debt to gdp ratio for 2020 was 38.59%, a 5.34% increase from 2019.

• Belarus debt to gdp ratio for 2019 was 33.24%, a 3.85% decline from 2018.
• Belarus debt to gdp ratio for 2018 was 37.10%, a 2.78% decline from 2017.
• Belarus debt to gdp ratio for 2017 was 39.88%, a 0.96% increase from 2016.

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Belarus PPI: Same Mth PY=100: Consumer Goods: Macaroni data was reported at 100.900 Same Mth PY=100 in Jan 2025. This stayed constant from the previous number of 100.900 Same Mth PY=100 for Dec 2024. Belarus PPI: Same Mth PY=100: Consumer Goods: Macaroni data is updated monthly, averaging 102.900 Same Mth PY=100 from Aug 2015 (Median) to Jan 2025, with 114 observations. The data reached an all-time high of 106.700 Same Mth PY=100 in Jan 2017 and a record low of 98.200 Same Mth PY=100 in Sep 2023. Belarus PPI: Same Mth PY=100: Consumer Goods: Macaroni data remains active status in CEIC and is reported by National Statistical Committee of the Republic of Belarus. The data is categorized under Global Database’s Belarus – Table BY.I014: Producer Price Index: Same Month Previous Year=100.