| Belarus |
Gross domestic product, constant prices |
National currency |
Billions |
Source: National Statistics Office. Formally, the National Statistical Committee of the Republic of Belarus
Latest actual data: 2020
Notes: The national accounts have been updated from 2014 onwards. Prior to 2014 the data are adjusted to produce smooth series with the use of a splicing technique. These estimates continue to serve as proxies for historical series when complete information is unavailable. Statistical discrepancies between GDP and components are a consequence of statistical discrepancies reported by the authorities and chain-weighting.
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2018
Chain-weighted: Yes, from 2005
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
124.089 |
122.912 |
125.457 |
126.099 |
127.402 |
128.906 |
130.557 |
132.279 |
2020 |
| Belarus |
Gross domestic product, constant prices |
Percent change |
|
See notes for:
Gross domestic product, constant prices (National currency).
|
1.446 |
-0.949 |
2.071 |
0.512 |
1.033 |
1.180 |
1.281 |
1.319 |
2020 |
| Belarus |
Gross domestic product, current prices |
National currency |
Billions |
Source: National Statistics Office. Formally, the National Statistical Committee of the Republic of Belarus
Latest actual data: 2020
Notes: The national accounts have been updated from 2014 onwards. Prior to 2014 the data are adjusted to produce smooth series with the use of a splicing technique. These estimates continue to serve as proxies for historical series when complete information is unavailable. Statistical discrepancies between GDP and components are a consequence of statistical discrepancies reported by the authorities and chain-weighting.
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2018
Chain-weighted: Yes, from 2005
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
134.732 |
147.006 |
167.542 |
188.245 |
202.047 |
216.210 |
230.579 |
244.971 |
2020 |
| Belarus |
Gross domestic product, current prices |
U.S. dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
64.414 |
60.201 |
65.754 |
70.632 |
73.236 |
76.771 |
79.944 |
82.863 |
2020 |
| Belarus |
Gross domestic product, current prices |
Purchasing power parity; international dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
189.336 |
189.800 |
200.712 |
207.292 |
214.417 |
221.893 |
229.617 |
237.465 |
2020 |
| Belarus |
Gross domestic product, deflator |
Index |
|
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).
|
108.577 |
119.603 |
133.546 |
149.283 |
158.589 |
167.727 |
176.611 |
185.194 |
2020 |
| Belarus |
Gross domestic product per capita, constant prices |
National currency |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
13,160.356 |
13,061.807 |
13,417.877 |
13,554.314 |
13,763.212 |
13,995.629 |
14,246.129 |
14,506.498 |
2020 |
| Belarus |
Gross domestic product per capita, constant prices |
Purchasing power parity; 2017 international dollar |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
19,267.037 |
19,122.758 |
19,644.053 |
19,843.799 |
20,149.630 |
20,489.894 |
20,856.631 |
21,237.817 |
2020 |
| Belarus |
Gross domestic product per capita, current prices |
National currency |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
14,289.119 |
15,622.317 |
17,918.984 |
20,234.345 |
21,827.004 |
23,474.408 |
25,160.257 |
26,865.095 |
2020 |
| Belarus |
Gross domestic product per capita, current prices |
U.S. dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
6,831.516 |
6,397.510 |
7,032.477 |
7,592.187 |
7,911.690 |
8,335.219 |
8,723.331 |
9,087.225 |
2020 |
| Belarus |
Gross domestic product per capita, current prices |
Purchasing power parity; international dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
20,080.202 |
20,170.004 |
21,466.510 |
22,281.634 |
23,163.390 |
24,091.424 |
25,055.325 |
26,041.934 |
2020 |
| Belarus |
Gross domestic product based on purchasing-power-parity (PPP) share of world total |
Percent |
|
See notes for:
Gross domestic product, current prices (National currency).
|
0.140 |
0.144 |
0.139 |
0.133 |
0.130 |
0.127 |
0.125 |
0.122 |
2020 |
| Belarus |
Implied PPP conversion rate |
National currency per current international dollar |
|
See notes for:
Gross domestic product, current prices (National currency).
|
0.712 |
0.775 |
0.835 |
0.908 |
0.942 |
0.974 |
1.004 |
1.032 |
2020 |
| Belarus |
Total investment |
Percent of GDP |
|
Source: National Statistics Office. Formally, the National Statistical Committee of the Republic of Belarus
Latest actual data: 2020
Notes: The national accounts have been updated from 2014 onwards. Prior to 2014 the data are adjusted to produce smooth series with the use of a splicing technique. These estimates continue to serve as proxies for historical series when complete information is unavailable. Statistical discrepancies between GDP and components are a consequence of statistical discrepancies reported by the authorities and chain-weighting.
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2018
Chain-weighted: Yes, from 2005
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
29.150 |
26.272 |
25.568 |
25.105 |
25.271 |
26.261 |
26.136 |
26.449 |
2020 |
| Belarus |
Gross national savings |
Percent of GDP |
|
Source: National Statistics Office. Formally, the National Statistical Committee of the Republic of Belarus
Latest actual data: 2020
Notes: The national accounts have been updated from 2014 onwards. Prior to 2014 the data are adjusted to produce smooth series with the use of a splicing technique. These estimates continue to serve as proxies for historical series when complete information is unavailable. Statistical discrepancies between GDP and components are a consequence of statistical discrepancies reported by the authorities and chain-weighting.
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2018
Chain-weighted: Yes, from 2005
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
27.216 |
25.853 |
25.962 |
24.443 |
24.699 |
25.386 |
25.207 |
25.454 |
2020 |
| Belarus |
Inflation, average consumer prices |
Index |
|
Source: National Statistics Office. Formally, the National Statistical Committee of the Republic of Belarus
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2005
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
823.751 |
869.354 |
949.604 |
1,028.030 |
1,090.996 |
1,141.918 |
1,199.156 |
1,258.982 |
2020 |
| Belarus |
Inflation, average consumer prices |
Percent change |
|
See notes for:
Inflation, average consumer prices (Index).
|
5.600 |
5.536 |
9.231 |
8.259 |
6.125 |
4.667 |
5.012 |
4.989 |
2020 |
| Belarus |
Inflation, end of period consumer prices |
Index |
|
Source: National Statistics Office. Formally, the National Statistical Committee of the Republic of Belarus
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2005
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
837.207 |
898.628 |
983.433 |
1,053.030 |
1,105.550 |
1,161.053 |
1,218.978 |
1,279.793 |
2020 |
| Belarus |
Inflation, end of period consumer prices |
Percent change |
|
See notes for:
Inflation, end of period consumer prices (Index).
|
4.730 |
7.336 |
9.437 |
7.077 |
4.988 |
5.020 |
4.989 |
4.989 |
2020 |
| Belarus |
Volume of imports of goods and services |
Percent change |
|
Source: National Statistics Office. Formally, the National Statistical Committee of the Republic of Belarus
Latest actual data: 2020
Notes: Belarus purchases crude oil from Russia at a discounted world market price. Due to internal tax changes in Russia, this discount is projected to gradually fall to zero by the end of 2024. Current WEO projections for Belarus are based on information provided by the authorities on a bilateral oil price deal with Russia that is being negotiated, but is not yet formally signed. The dynamics of the imported oil price deflator is set by world prices as well as by the discount, so it does not follow world prices. Deflator of oil exports reflects (i) crude oil and (ii) oil products. Oil products are priced differently from crude oil. The historical values are taken from the authorities' data. Projections should broadly match WEO's numbers in terms of percentage changes.
Base year: 2009
Methodology used to derive volumes: Cost index divided by Fisher price index.
Formula used to derive volumes: Fisher
Chain-weighted: No. Last update of weights was 2008.
Trade System: General trade
Excluded items in trade: In transit; Other;. Excluded items include transit goods and goods from U.N. methodology.
Oil coverage: Primary or unrefined products; Secondary or refined products; Other;
Valuation of exports: Delivered At Frontier (DAF)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
5.279 |
-9.306 |
4.092 |
0.630 |
1.729 |
3.894 |
1.493 |
0.879 |
2020 |
| Belarus |
Volume of Imports of goods |
Percent change |
|
Source: National Statistics Office. Formally, the National Statistical Committee of the Republic of Belarus
Latest actual data: 2020
Notes: Belarus purchases crude oil from Russia at a discounted world market price. Due to internal tax changes in Russia, this discount is projected to gradually fall to zero by the end of 2024. Current WEO projections for Belarus are based on information provided by the authorities on a bilateral oil price deal with Russia that is being negotiated, but is not yet formally signed. The dynamics of the imported oil price deflator is set by world prices as well as by the discount, so it does not follow world prices. Deflator of oil exports reflects (i) crude oil and (ii) oil products. Oil products are priced differently from crude oil. The historical values are taken from the authorities' data. Projections should broadly match WEO's numbers in terms of percentage changes.
Base year: 2009
Methodology used to derive volumes: Cost index divided by Fisher price index.
Formula used to derive volumes: Fisher
Chain-weighted: No. Last update of weights was 2008.
Trade System: General trade
Excluded items in trade: In transit; Other;. Excluded items include transit goods and goods from U.N. methodology.
Oil coverage: Primary or unrefined products; Secondary or refined products; Other;
Valuation of exports: Delivered At Frontier (DAF)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
4.700 |
-9.500 |
4.143 |
0.326 |
1.668 |
3.808 |
1.440 |
0.851 |
2020 |
| Belarus |
Volume of exports of goods and services |
Percent change |
|
Source: National Statistics Office. Formally, the National Statistical Committee of the Republic of Belarus
Latest actual data: 2020
Notes: Belarus purchases crude oil from Russia at a discounted world market price. Due to internal tax changes in Russia, this discount is projected to gradually fall to zero by the end of 2024. Current WEO projections for Belarus are based on information provided by the authorities on a bilateral oil price deal with Russia that is being negotiated, but is not yet formally signed. The dynamics of the imported oil price deflator is set by world prices as well as by the discount, so it does not follow world prices. Deflator of oil exports reflects (i) crude oil and (ii) oil products. Oil products are priced differently from crude oil. The historical values are taken from the authorities' data. Projections should broadly match WEO's numbers in terms of percentage changes.
Base year: 2009
Methodology used to derive volumes: Cost index divided by Fisher price index.
Formula used to derive volumes: Fisher
Chain-weighted: No. Last update of weights was 2008.
Trade System: General trade
Excluded items in trade: In transit; Other;. Excluded items include transit goods and goods from U.N. methodology.
Oil coverage: Primary or unrefined products; Secondary or refined products; Other;
Valuation of exports: Delivered At Frontier (DAF)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
0.151 |
0.438 |
8.388 |
0.470 |
1.669 |
1.826 |
1.540 |
1.645 |
2020 |
| Belarus |
Volume of exports of goods |
Percent change |
|
Source: National Statistics Office. Formally, the National Statistical Committee of the Republic of Belarus
Latest actual data: 2020
Notes: Belarus purchases crude oil from Russia at a discounted world market price. Due to internal tax changes in Russia, this discount is projected to gradually fall to zero by the end of 2024. Current WEO projections for Belarus are based on information provided by the authorities on a bilateral oil price deal with Russia that is being negotiated, but is not yet formally signed. The dynamics of the imported oil price deflator is set by world prices as well as by the discount, so it does not follow world prices. Deflator of oil exports reflects (i) crude oil and (ii) oil products. Oil products are priced differently from crude oil. The historical values are taken from the authorities' data. Projections should broadly match WEO's numbers in terms of percentage changes.
Base year: 2009
Methodology used to derive volumes: Cost index divided by Fisher price index.
Formula used to derive volumes: Fisher
Chain-weighted: No. Last update of weights was 2008.
Trade System: General trade
Excluded items in trade: In transit; Other;. Excluded items include transit goods and goods from U.N. methodology.
Oil coverage: Primary or unrefined products; Secondary or refined products; Other;
Valuation of exports: Delivered At Frontier (DAF)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
-0.200 |
-0.400 |
8.288 |
-0.003 |
1.612 |
1.770 |
1.497 |
1.602 |
2020 |
| Belarus |
Unemployment rate |
Percent of total labor force |
|
Source: National Statistics Office. Formally, the National Statistical Committee of the Republic of Belarus
Latest actual data: 2020
Employment type: National definition
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
4.225 |
4.100 |
4.328 |
4.231 |
4.038 |
3.941 |
3.844 |
3.795 |
2020 |
| Belarus |
Population |
Persons |
Millions |
Source: National Statistics Office. Formally, the National Statistical Committee of the Republic of Belarus
Latest actual data: 2020
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
9.429 |
9.410 |
9.350 |
9.303 |
9.257 |
9.210 |
9.164 |
9.119 |
2020 |
| Belarus |
General government revenue |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: The overall fiscal balance includes off balance sheet items. General government debt includes guarantees. Up to 2018, external public debt includes SDRs holdings and allocations, thereafter these are reclassified as NBRB external debt based on the internal agreement.
Fiscal assumptions: IMF staff projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; Local Government; Social Security Funds;
Valuation of public debt: Nominal value. Includes general government and off-balance sheet operations.
Instruments included in gross and net debt: Securities Other than Shares; Loans; Other;. Includes government guarantees as other.
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
51.553 |
52.664 |
58.058 |
64.577 |
69.842 |
75.309 |
80.968 |
86.425 |
2020 |
| Belarus |
General government revenue |
Percent of GDP |
|
See notes for:
General government revenue (National currency).
|
38.263 |
35.824 |
34.653 |
34.305 |
34.567 |
34.832 |
35.115 |
35.279 |
2020 |
| Belarus |
General government total expenditure |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: The overall fiscal balance includes off balance sheet items. General government debt includes guarantees. Up to 2018, external public debt includes SDRs holdings and allocations, thereafter these are reclassified as NBRB external debt based on the internal agreement.
Fiscal assumptions: IMF staff projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; Local Government; Social Security Funds;
Valuation of public debt: Nominal value. Includes general government and off-balance sheet operations.
Instruments included in gross and net debt: Securities Other than Shares; Loans; Other;. Includes government guarantees as other.
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
50.327 |
56.962 |
64.552 |
69.027 |
69.747 |
74.070 |
79.447 |
84.719 |
2020 |
| Belarus |
General government total expenditure |
Percent of GDP |
|
See notes for:
General government total expenditure (National currency).
|
37.353 |
38.748 |
38.529 |
36.669 |
34.520 |
34.258 |
34.455 |
34.583 |
2020 |
| Belarus |
General government net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: The overall fiscal balance includes off balance sheet items. General government debt includes guarantees. Up to 2018, external public debt includes SDRs holdings and allocations, thereafter these are reclassified as NBRB external debt based on the internal agreement.
Fiscal assumptions: IMF staff projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; Local Government; Social Security Funds;
Valuation of public debt: Nominal value. Includes general government and off-balance sheet operations.
Instruments included in gross and net debt: Securities Other than Shares; Loans; Other;. Includes government guarantees as other.
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
1.225 |
-4.298 |
-6.494 |
-4.451 |
0.095 |
1.239 |
1.521 |
1.706 |
2020 |
| Belarus |
General government net lending/borrowing |
Percent of GDP |
|
See notes for:
General government net lending/borrowing (National currency).
|
0.910 |
-2.923 |
-3.876 |
-2.364 |
0.047 |
0.573 |
0.660 |
0.696 |
2020 |
| Belarus |
General government structural balance |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: The overall fiscal balance includes off balance sheet items. General government debt includes guarantees. Up to 2018, external public debt includes SDRs holdings and allocations, thereafter these are reclassified as NBRB external debt based on the internal agreement.
Fiscal assumptions: IMF staff projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; Local Government; Social Security Funds;
Valuation of public debt: Nominal value. Includes general government and off-balance sheet operations.
Instruments included in gross and net debt: Securities Other than Shares; Loans; Other;. Includes government guarantees as other.
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
0.864 |
-3.627 |
-6.398 |
-4.012 |
0.591 |
1.608 |
1.675 |
1.594 |
2020 |
| Belarus |
General government structural balance |
Percent of potential GDP |
|
See notes for:
General government structural balance (National currency).
|
0.646 |
-2.436 |
-3.813 |
-2.117 |
0.290 |
0.740 |
0.725 |
0.651 |
2020 |
| Belarus |
General government primary net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: The overall fiscal balance includes off balance sheet items. General government debt includes guarantees. Up to 2018, external public debt includes SDRs holdings and allocations, thereafter these are reclassified as NBRB external debt based on the internal agreement.
Fiscal assumptions: IMF staff projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; Local Government; Social Security Funds;
Valuation of public debt: Nominal value. Includes general government and off-balance sheet operations.
Instruments included in gross and net debt: Securities Other than Shares; Loans; Other;. Includes government guarantees as other.
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
3.567 |
-1.816 |
-3.646 |
-1.341 |
3.514 |
4.941 |
5.821 |
6.588 |
2020 |
| Belarus |
General government primary net lending/borrowing |
Percent of GDP |
|
See notes for:
General government primary net lending/borrowing (National currency).
|
2.647 |
-1.236 |
-2.176 |
-0.712 |
1.739 |
2.285 |
2.524 |
2.689 |
2020 |
| Belarus |
General government gross debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: The overall fiscal balance includes off balance sheet items. General government debt includes guarantees. Up to 2018, external public debt includes SDRs holdings and allocations, thereafter these are reclassified as NBRB external debt based on the internal agreement.
Fiscal assumptions: IMF staff projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; Local Government; Social Security Funds;
Valuation of public debt: Nominal value. Includes general government and off-balance sheet operations.
Instruments included in gross and net debt: Securities Other than Shares; Loans; Other;. Includes government guarantees as other.
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
55.239 |
70.629 |
75.163 |
84.166 |
81.474 |
85.997 |
87.096 |
89.999 |
2020 |
| Belarus |
General government gross debt |
Percent of GDP |
|
See notes for:
General government gross debt (National currency).
|
40.999 |
48.045 |
44.862 |
44.711 |
40.324 |
39.775 |
37.773 |
36.739 |
2020 |
| Belarus |
Gross domestic product corresponding to fiscal year, current prices |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: The overall fiscal balance includes off balance sheet items. General government debt includes guarantees. Up to 2018, external public debt includes SDRs holdings and allocations, thereafter these are reclassified as NBRB external debt based on the internal agreement.
Fiscal assumptions: IMF staff projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Central Government; Local Government; Social Security Funds;
Valuation of public debt: Nominal value. Includes general government and off-balance sheet operations.
Instruments included in gross and net debt: Securities Other than Shares; Loans; Other;. Includes government guarantees as other.
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
134.732 |
147.006 |
167.542 |
188.245 |
202.047 |
216.210 |
230.579 |
244.971 |
2020 |
| Belarus |
Current account balance |
U.S. dollars |
Billions |
Source: Central Bank. Formally, the National Bank of the Republic of Belarus
Latest actual data: 2020
Notes: Projections are based on preliminary assumptions about agreements with Russia on Belarus imports of crude oil.
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
Primary domestic currency: Belarusian ruble
Data last updated: 09/2021
|
-1.246 |
-0.252 |
0.259 |
-0.467 |
-0.419 |
-0.672 |
-0.742 |
-0.824 |
2020 |
| Belarus |
Current account balance |
Percent of GDP |
|
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).
|
-1.934 |
-0.419 |
0.394 |
-0.661 |
-0.572 |
-0.875 |
-0.929 |
-0.995 |
2020 |
