Europe & Central Asia · Upper middle income
Belarus: the economy in numbers
Per person: $10,279, or $34,716 at purchasing power parity. Population: 9.09 million (2025).
GDP in 2025, current US dollars: #80 of 204 economies. IMF forecast for 2026: +1.9%.
GDP
Adjusted for US inflation, in 2025 dollars: $42.9 billion in 1990, $93.4 billion in 2025.
GDP per capita
In 2025 dollars: $4,209 per person in 1990, $10,279 in 2025.
Real GDP growth
Average over 2016–2025: 1.1% a year. Years of falling GDP since 1991: 9 of 35.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Inflation
Consumer prices rose 49.9 times from 2000 to 2025. Highest annual inflation: 2,221% in 1994. Years with inflation above 100%: 6. The chart cuts the scale at 100%; “Full scale” shows everything.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Government debt, % of GDP
Highest since 2004: 58.2% of GDP in 2011. IMF forecast for 2031: 26.9%.
Source: World Bank, World Development Indicators (CC BY 4.0)
Stock market capitalization, % of GDP
In 2025 listed domestic companies were worth $5.54 billion, or 5.9% of GDP.
Population
1960: 8.2 million · 2025: 9.09 million.
Unemployment rate
1991: 0.6% · 2025: 3.4%.
Life expectancy at birth
1960: 69.3 years · 2024: 74.4 years.
Exports of goods and services
1990: 46.0% · 2025: 55.1%.
Data by year
Show the year-by-year table
| Year | GDP | GDP per capita | Per capita, PPP | Real growth | Inflation | Gov. debt, % GDP | Population | Unemployment | Stock market, % GDP | Life expectancy | Exports, % GDP |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2031 | 0.8%f | 4.9%f | 26.9%f | ||||||||
| 2030 | 0.8%f | 5.0%f | 27.7%f | ||||||||
| 2029 | 0.9%f | 5.0%f | 28.4%f | ||||||||
| 2028 | 1.1%f | 5.1%f | 29.4%f | ||||||||
| 2027 | 1.2%f | 5.1%f | 30.2%f | ||||||||
| 2026 | 1.9%f | 5.1%f | 31.1%f | ||||||||
| 2025 | $93.4B | $10,279 | $34,716 | 1.3% | 6.6% | 31.3% | 9.09M | 3.4% | 5.9% | 55.1% | |
| 2024 | $78.6B | $8,606 | $33,166 | 4.3% | 5.8% | 38.7% | 9.13M | 3.5% | 7.6% | 74.4 | 63.2% |
| 2023 | $72.5B | $7,897 | $30,860 | 4.1% | 5.0% | 40.7% | 9.18M | 3.5% | 4.7% | 74.2 | 66.0% |
| 2022 | $73.8B | $7,995 | $28,425 | −4.7% | 15.2% | 40.8% | 9.23M | 3.6% | 3.4% | 74.1 | 63.1% |
| 2021 | $69.7B | $7,490 | $27,611 | 2.4% | 9.5% | 41.2% | 9.3M | 3.9% | 4.1% | 72.1 | 70.8% |
| 2020 | $61.4B | $6,543 | $24,872 | −0.7% | 5.5% | 47.5% | 9.38M | 4.0% | 72.1 | 61.0% | |
| 2019 | $64.4B | $6,838 | $22,302 | 1.4% | 5.6% | 41.0% | 9.42M | 4.2% | 74.2 | 65.1% | |
| 2018 | $60B | $6,360 | $20,026 | 3.1% | 4.9% | 47.5% | 9.44M | 4.8% | 74.2 | 70.5% | |
| 2017 | $54.7B | $5,786 | $18,414 | 2.5% | 6.0% | 53.2% | 9.46M | 5.6% | 74.1 | 66.8% | |
| 2016 | $47.7B | $5,040 | $17,832 | −2.5% | 11.8% | 53.5% | 9.47M | 5.8% | 2.6% | 73.8 | 62.5% |
| 2015 | $56.5B | $5,967 | $18,134 | −3.8% | 13.5% | 53.0% | 9.46M | 5.9% | 0.9% | 73.6 | 58.0% |
| 2014 | $78.8B | $8,341 | $19,038 | 1.7% | 18.1% | 38.8% | 9.45M | 5.9% | 0.7% | 73.0 | 54.9% |
| 2013 | $75.5B | $7,998 | $19,014 | 1.0% | 18.3% | 36.9% | 9.44M | 5.9% | 72.5 | 58.3% | |
| 2012 | $65.7B | $6,953 | $18,115 | 1.7% | 59.2% | 36.9% | 9.45M | 6.0% | 72.0 | 78.8% | |
| 2011 | $61.8B | $6,528 | $16,563 | 5.5% | 53.2% | 58.2% | 9.46M | 6.0% | 70.6 | 78.5% | |
| 2010 | $57.2B | $6,035 | $15,339 | 7.8% | 7.7% | 36.8% | 9.48M | 6.1% | 70.4 | 51.4% | |
| 2009 | $50.9B | $5,352 | $14,034 | 0.2% | 12.9% | 32.5% | 9.5M | 6.1% | 70.4 | 48.9% | |
| 2008 | $60.8B | $6,376 | $13,886 | 10.2% | 14.8% | 20.3% | 9.53M | 6.7% | 70.5 | 60.9% | |
| 2007 | $45.3B | $4,735 | $12,320 | 8.6% | 8.4% | 15.8% | 9.56M | 7.4% | 70.2 | 60.9% | |
| 2006 | $37B | $3,848 | $10,995 | 10.0% | 7.0% | 12.3% | 9.6M | 8.1% | 69.4 | 60.1% | |
| 2005 | $30.2B | $3,126 | $9,637 | 9.4% | 10.3% | 8.1% | 9.66M | 8.8% | 68.9 | 59.8% | |
| 2004 | $23.1B | $2,378 | $8,483 | 11.4% | 18.1% | 9.2% | 9.73M | 9.5% | 69.0 | 67.9% | |
| 2003 | $17.8B | $1,820 | $7,362 | 7.0% | 28.4% | 9.8M | 10.2% | 68.6 | 65.2% | ||
| 2002 | $14.6B | $1,479 | $6,697 | 5.0% | 42.5% | 9.87M | 10.9% | 68.1 | 63.6% | ||
| 2001 | $12.4B | $1,244 | $6,238 | 4.7% | 61.1% | 9.93M | 11.6% | 68.5 | 66.7% | ||
| 2000 | $12.7B | $1,276 | $5,796 | 5.8% | 168.6% | 9.98M | 12.2% | 68.9 | 69.2% | ||
| 1999 | $12.1B | $1,211 | $5,331 | 3.4% | 293.7% | 10M | 12.8% | 67.9 | 59.2% | ||
| 1998 | $15.2B | $1,511 | $5,061 | 8.4% | 72.9% | 10.1M | 14.0% | 68.4 | 59.1% | ||
| 1997 | $14.1B | $1,396 | $4,596 | 11.4% | 63.9% | 10.1M | 17.1% | 68.5 | 59.9% | ||
| 1996 | $14.5B | $1,427 | $4,039 | 2.8% | 52.7% | 10.2M | 24.4% | 68.5 | 46.3% | ||
| 1995 | $14B | $1,371 | $3,846 | −10.4% | 709.3% | 10.2M | 17.7% | 68.5 | 49.7% | ||
| 1994 | $14.9B | $1,460 | $4,190 | −11.7% | 2,221% | 10.2M | 12.8% | 68.8 | 71.3% | ||
| 1993 | $16.3B | $1,590 | $4,641 | −7.6% | 1,190% | 10.2M | 8.5% | 69.0 | 67.6% | ||
| 1992 | $16.9B | $1,658 | $4,917 | −9.6% | 970.3% | 10.2M | 3.1% | 70.0 | 59.8% | ||
| 1991 | $18.4B | $1,805 | $5,330 | −1.2% | 83.5% | 10.2M | 0.6% | 70.4 | 33.3% | ||
| 1990 | $17.4B | $1,707 | $5,220 | 10.2M | 70.8 | 46.0% | |||||
| 1989 | 10.2M | 71.5 | |||||||||
| 1988 | 10.1M | 71.3 | |||||||||
| 1987 | 10.1M | 71.0 | |||||||||
| 1986 | 10M | 71.5 | |||||||||
| 1985 | 9.97M | 71.0 | |||||||||
| 1984 | 9.91M | 69.6 | |||||||||
| 1983 | 9.84M | 69.8 | |||||||||
| 1982 | 9.78M | 70.1 | |||||||||
| 1981 | 9.71M | 69.9 | |||||||||
| 1980 | 9.64M | 69.9 | |||||||||
| 1979 | 9.58M | 69.9 | |||||||||
| 1978 | 9.53M | 70.1 | |||||||||
| 1977 | 9.46M | 70.3 | |||||||||
| 1976 | 9.41M | 70.4 | |||||||||
| 1975 | 9.37M | 70.5 | |||||||||
| 1974 | 9.32M | 70.9 | |||||||||
| 1973 | 9.26M | 71.0 | |||||||||
| 1972 | 9.19M | 70.8 | |||||||||
| 1971 | 9.12M | 71.0 | |||||||||
| 1970 | 9.04M | 70.7 | |||||||||
| 1969 | 8.96M | 71.0 | |||||||||
| 1968 | 8.87M | 70.8 | |||||||||
| 1967 | 8.79M | 70.9 | |||||||||
| 1966 | 8.7M | 70.8 | |||||||||
| 1965 | 8.61M | 70.6 | |||||||||
| 1964 | 8.52M | 70.6 | |||||||||
| 1963 | 8.44M | 69.7 | |||||||||
| 1962 | 8.35M | 69.5 | |||||||||
| 1961 | 8.27M | 69.7 | |||||||||
| 1960 | 8.2M | 69.3 |
e: IMF estimate; f: IMF forecast. Inflation: IMF data for 1991–1992, World Bank for the other years.
Nearby economies in Europe & Central Asia
Nearest by distance between capitals, with GDP per capita.
Albania · Andorra · Armenia · Austria · Azerbaijan · Belarus · Belgium · Bosnia and Herzegovina · Bulgaria · Channel Islands · Croatia · Cyprus · Czechia · Denmark · Estonia · Faroe Islands · Finland · France · Georgia · Germany · Gibraltar · Greece · Greenland · Hungary · Iceland · Ireland · Isle of Man · Italy · Kazakhstan · Kosovo · Kyrgyzstan · Latvia · Liechtenstein · Lithuania · Luxembourg · Moldova · Monaco · Montenegro · Netherlands · North Macedonia · Norway · Poland · Portugal · Romania · Russia · San Marino · Serbia · Slovakia · Slovenia · Spain · Sweden · Switzerland · Tajikistan · Turkmenistan · Türkiye · Ukraine · United Kingdom · Uzbekistan
Rankings
GDP by country · GDP per capita · Real GDP growth · Inflation by country · Government debt to GDP · Stock market to GDP · Population by country · Unemployment by country
Data and methods
- GDP: gross domestic product in current US dollars, converted from the local currency at market exchange rates (World Bank); not adjusted for inflation.
- Purchasing power parity (PPP): GDP per person in international dollars, which buy the same basket of goods and services in every country. It compares living standards across countries in the same year; it is not adjusted for inflation over time.
- In 2025 dollars: the charts can remove US inflation (US consumer price index, annual average) so that dollar amounts from different years compare in today's money. Exchange rate swings still show.
- Growth and inflation: World Bank data (calendar years). Years the World Bank does not cover yet, and the estimates and forecasts, come from the IMF World Economic Outlook (October 2026): its forecasts start in 2026, and the years after a country's last actual year are IMF estimates.
- Government debt: gross debt of the general government (central, state and local government and social security funds) as a percentage of GDP, IMF. The World Bank's central government debt is narrower and covers fewer countries.
- Stock market capitalization: the end-of-year value of domestic companies listed on the country's exchanges (World Federation of Exchanges via the World Bank; before 2016, Standard & Poor's), as a percentage of GDP: the “Buffett indicator”. Investment funds are excluded, and so are companies listed only abroad; companies from elsewhere that list on an exchange count for its country (Hong Kong lists many mainland Chinese companies).
- Unemployment: ILO modeled estimates (share of the labor force); comparable across countries, but they may differ from national figures.
Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)