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Macro

Belarus

Europe & Central Asia · Upper middle income · IMF WEO April 2026 · World Bank WDI

GDP▲ 17.7%
Current prices2025
93USD bn
GDP per capita▲ 18.2%
Current prices2025
10,209USD
Real GDP growth▼ 3.1 pp
Annual change2025
1.3%
Inflation▲ 0.8 pp
Average consumer prices2025
6.6%
Unemployment▼ 0.1 pp
Rate2025
2.9%
Government debt▼ 5.6 pp
General government, gross2025
33.1% of GDP
Current account▲ 0.5 pp
Balance2025
-2.6% of GDP
Population▼ 0.5%
Total2025
9.09million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-11.10.011.51995: -11.1%1996: 2.8%1997: 11.4%1998: 8.4%1999: 3.4%2000: 5.8%2001: 4.7%2002: 5.1%2003: 7.1%2004: 11.5%2005: 9.5%2006: 10.0%2007: 8.6%2008: 10.2%2009: 0.2%2010: 7.8%2011: 5.2%2012: 1.6%2013: 0.9%2014: 2.5%2015: -3.8%2016: -2.5%2017: 2.5%2018: 3.1%2019: 1.4%2020: -0.7%2021: 2.3%2022: -4.5%2023: 4.1%2024: 4.4%2025: 1.3%2026: 1.2% (IMF projection)2027: 1.0% (IMF projection)2028: 1.0% (IMF projection)2029: 0.9% (IMF projection)2030: 1.0% (IMF projection)2031: 0.9% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
0.07091995: 709.3%1996: 52.7%1997: 63.8%1998: 73.0%1999: 293.7%2000: 168.6%2001: 61.1%2002: 42.6%2003: 28.4%2004: 18.1%2005: 10.3%2006: 7.0%2007: 8.4%2008: 14.8%2009: 13.0%2010: 7.7%2011: 53.2%2012: 59.2%2013: 18.3%2014: 18.1%2015: 13.5%2016: 11.8%2017: 6.0%2018: 4.9%2019: 5.6%2020: 5.5%2021: 9.5%2022: 15.2%2023: 5.0%2024: 5.7%2025: 6.6%2026: 6.4% (IMF projection)2027: 6.2% (IMF projection)2028: 5.7% (IMF projection)2029: 5.1% (IMF projection)2030: 5.0% (IMF projection)2031: 5.0% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %2.3-4.54.14.41.31.21.01.00.91.0
Inflation, average consumer prices %9.515.25.05.76.66.46.25.75.15.0
Unemployment rate %3.93.63.53.02.92.92.92.92.92.9
GDP, current prices USD bn6874727993102107113121127
GDP per capita, current prices USD7,3327,9907,8228,63410,20911,28611,94012,65813,53314,343
GDP per capita, PPP Int. USD27,03027,87130,25832,52034,03535,61636,94238,13039,37140,687
General government gross debt % of GDP41.240.840.738.733.133.131.530.729.728.9
General government net lending/borrowing % of GDP-0.2-2.00.80.50.2-0.2-0.2-0.1-0.2-0.2
Current account balance % of GDP3.23.4-1.8-3.1-2.6-2.7-3.4-3.4-3.4-3.4
Population million9.309.239.189.139.099.049.008.958.918.86

Government debt, % of GDP

General government gross debt
0.058.22004: 9%2005: 8%2006: 12%2007: 16%2008: 20%2009: 33%2010: 37%2011: 58%2012: 37%2013: 37%2014: 39%2015: 53%2016: 53%2017: 53%2018: 48%2019: 41%2020: 47%2021: 41%2022: 41%2023: 41%2024: 39%2025: 33%2026: 33% (IMF projection)2027: 32% (IMF projection)2028: 31% (IMF projection)2029: 30% (IMF projection)2030: 29% (IMF projection)2031: 28% (IMF projection)IMF projection200520102015202020252030

Current account, % of GDP

Balance of payments
-14.50.03.42000: -4.3%2001: -4.1%2002: -2.2%2003: -2.5%2004: -5.0%2005: 1.5%2006: -3.6%2007: -6.4%2008: -7.9%2009: -12.1%2010: -14.5%2011: -8.2%2012: -2.8%2013: -10.0%2014: -6.6%2015: -3.3%2016: -3.4%2017: -1.7%2018: 0.0%2019: -1.9%2020: -0.3%2021: 3.2%2022: 3.4%2023: -1.8%2024: -3.1%2025: -2.6%2026: -2.7% (IMF projection)2027: -3.4% (IMF projection)2028: -3.4% (IMF projection)2029: -3.4% (IMF projection)2030: -3.4% (IMF projection)2031: -3.3% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
199515.833.428.041.2
20058.537.825.339.6
20156.332.720.647.7
20256.931.620.550.0

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method9,160USD2025+35.9%
GNI, Atlas method83USD bn2025+30.5%
Exports of goods and services55.1% of GDP2025-2.9 pp
Imports of goods and services57.0% of GDP2025-0.9 pp
Life expectancy at birth74.4years2024+1.9%
Urban population79.5% of total2025+2.9 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)