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Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Belarus economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Belarus best banks and safest banks are also available.
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USD 8.42 billion (2021)
International Monetary Fund (IMF), data retrieved January 2022
USD 65.75 billion (2021 estimate)
IMF - World Economic Outlook, October 2021
USD 200.71 billion (2021 estimate)
IMF - World Economic Outlook, October 2021
| 2017 | 2018 | 2019 | 2020* | 2021* |
| 2.5% | 3.1% | 1.4% | –0.9% | 2.1% |
*Estimate
USD 7,032.48 (2021 estimate)
IMF - World Economic Outlook, October 2021
USD 21,466.51 (2021 estimate)
IMF - World Economic Outlook, October 2021
(2020 estimate)
| 2017 | 2018 | 2019 | 2020* | 2021* |
| 6% | 4.9% | 5.6% | 5.5% | 9.2% |
*Estimate
| 2017 | 2018 | 2019 | 2020* | 2021* |
| 5.7% | 4.8% | 4.2% | 4.1% | 4.3% |
*Estimate
| 2017 | 2018 | 2019 | 2020* | 2021* |
| 53.2% | 47.5% | 41% | 48% | 44.9% |
*Estimate
| 2017 | 2018 | 2019 | 2020* | 2021* |
| 1.6% | 3.8% | 2.6% | –1.2% | –2.2% |
*Estimate
Standard & Poor's: B
Moody's: B3
Standard & Poor's / Moody's
Standard & Poor's / Moody's (January 2022)
USD 1.2 billion (2016)
USD 0.26 billion (2021 estimate)
IMF - World Economic Outlook, October 2021
0.39% (2021 estimate)
IMF - World Economic Outlook, October 2021
61.9% (2020)
World Bank - World Development Indicators (updated Feb 2022)
0.16% (2020)
0.2% (2020)
Refined petroleum, fertilizers, cheese, delivery trucks, crude petroleum (2019)
Crude petroleum, natural gas, cars and vehicle parts, packaged medicines, broadcasting equipment (2019)
Russia 42%, Ukraine 13%, United Kingdom 7% (2019)
Russia 57%, China 7%, Poland 5%, Germany 5%, Ukraine 5% (2019)
| 2018 | 2019 | 2020 |
| USD 1.4 billion | USD 1.3 billion | USD 1.4 billion |
| 2018 | 2019 | 2020 |
| USD 50 million | USD 16 million | USD 82 million |
N/A
N/A
(for a monthly update on M&A; click here )
N/A
(for a monthly update on M&A; click here )
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking:
49 out of 190 countries
Subcategories:
Starting a Business: 30 out of 190 countries
Dealing with Construction Permits: 48 out of 190 countries
Getting Electricity: 20 out of 190 countries
Registering Property: 14 out of 190 countries
Getting Credit: 104 out of 190 countries
Protecting Minority Investors: 79 out of 190 countries
Paying Taxes: 99 out of 190 countries
Trading across Borders: 24 out of 190 countries
Enforcing Contracts: 40 out of 190 countries
Resolving Insolvency: 74 out of 190 countries
World Bank - Doing Business 2020
Ranking: 135 / Score: 53 (Mostly Unfree)
The Heritage Foundation - 2022 Index of Economic Freedom
Presidential republic in name, although in fact a dictatorship
Russian (official) 70.2%, Belarusian (official) 23.4%, other 3.1% (includes small Polish- and Ukrainian-speaking minorities), unspecified 3.3% (2009 est.)
Orthodox 48.3%, Catholic 7.1%, other 3.5%, non-believers 41.1% (2011 est.)
| 1990 | 2000 | 2010 | 2015 | 2020 |
| 10.19 million | 9.98 million | 9.48 million | 9.46 million | 9.38 million |
| 1960 | 1980 | 2000 | 2020 |
| 32.4% | 56.5% | 70% | 79.5% |
Total population: 99.9%
Male: 99.9%
Female: 99.9% (2019)
Definition: age 15 and over can read and write
0% (last available estimate, 2022)
24.4 (last available estimate, 2020)
(0=perfect equality, 100=absolute inequality)
Total score: 8/100
Status: Not Free
Political Rights: 2/40
Civil Liberties: 6/60 (2022)
Fixed: 46.6%
Mobile: 123.9% (2020) (fixed-telephone subscribers and mobile-cellular subscribers)