Belarus Current Account Balance: % of GDP
Key information about Belarus Current Account Balance: % of GDP
- Belarus Current Account deficit accounted for 1.4 % of the country's Nominal GDP in Dec 2023, compared with a 3.7 % surplus in the previous quarter.
- Belarus Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1996 to Dec 2023, with an average value of -4.3 %.
- The data reached an all-time high of 12.0 % in Mar 2005 and a record low of -21.3 % in Mar 2011.
CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The National Bank of the Republic of Belarus provides Current Account Balance in USD based on BPM6. The National Statistical Committee of the Republic of Belarus provides Nominal GDP in local currency based on SNA 2008. The National Bank of the Republic of Belarus average market exchange rate is used for currency conversions. Nominal GDP prior to Q1 2009 is based on SNA 1993. Current Account Balance as % of Nominal GDP prior to Q1 2000 is calculated from Current Account Balance based on BPM5 and Nominal GDP sourced from the International Monetary Fund.
Key information about Belarus Current Account Balance: % of GDP
- In the latest reports of Belarus, Current Account recorded a deficit of 1.7 USD bn in Mar 2023.
- Foreign Direct Investment (FDI) increased by 71.1 USD mn in Dec 2023.
- Belarus Direct Investment Abroad expanded by 6.4 USD mn in Dec 2023.
- Its Foreign Portfolio Investment fell by 37.4 USD mn in Dec 2023.
- The country's Nominal GDP was reported at 17.0 USD bn in Mar 2023.
View Belarus's Current Account Balance: % of GDP from Mar 1996 to Dec 2023 in the chart:
What was Belarus's Current Account Balance: % of GDP in Dec 2023?
Belarus Current Account deficit accounted for 1.4 % of the country's Nominal GDP in Dec 2023, compared with a 3.7 % surplus in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
-1.4 Dec 2023 | 3.7 Sep 2023 | -21.3 Mar 2011 | 12.0 Mar 2005 | % | quarterly | Mar 1996 - Dec 2023 |
Current Account Balance: % of GDP by Country Comparison
Buy Selected Data
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 6.6 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
Algeria (%) | 4.8 Mar 2023 | quarterly | Mar 2007 - Mar 2023 |
Argentina (%) | -2.2 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
Armenia (%) | 2.7 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
Australia (%) | 1.8 Dec 2023 | quarterly | Sep 1959 - Dec 2023 |
Austria (%) | 1.7 Sep 2023 | quarterly | Mar 1970 - Sep 2023 |
Azerbaijan (%) | 8.9 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
Bahrain (%) | 15.2 Dec 2022 | quarterly | Mar 2018 - Dec 2022 |
Bangladesh (%) | -0.5 2023 | yearly | 1998 - 2023 |
Belarus (%) | -1.4 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Belgium (%) | 1.4 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Bolivia (%) | -2.5 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
Bosnia and Herzegovina (%) | -2.8 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
Botswana (%) | 1.2 Sep 2023 | quarterly | Mar 2004 - Sep 2023 |
Brazil (%) | -1.5 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Brunei (%) | -20.4 Dec 2020 | quarterly | Mar 2013 - Dec 2020 |
Bulgaria (%) | -3.1 Dec 2023 | quarterly | Sep 1999 - Dec 2023 |
Cambodia (%) | -1.1 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
Canada (%) | -0.2 Dec 2023 | quarterly | Mar 1957 - Dec 2023 |
Chile (%) | -4.4 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
China (%) | 1.2 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
Colombia (%) | -2.3 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Croatia (%) | -5.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Cyprus (%) | -11.2 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
Czech Republic (%) | 0.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Denmark (%) | 12.5 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Ecuador (%) | 1.7 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Egypt (%) | 1.3 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
Estonia (%) | 0.3 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
European Union (%) | 2.2 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Finland (%) | 1.5 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
France (%) | 0.9 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
Georgia (%) | -6.8 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Germany (%) | 5.7 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Ghana (%) | 0.2 Sep 2023 | quarterly | Mar 2006 - Sep 2023 |
Greece (%) | -12.6 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Hong Kong SAR, China (%) | 9.0 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Hungary (%) | -1.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Iceland (%) | -2.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
India (%) | -1.2 Dec 2023 | quarterly | Jun 2004 - Dec 2023 |
Indonesia (%) | 0.9 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
Iran (%) | 0.6 2023 | yearly | 1997 - 2023 |
Ireland (%) | -0.3 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Israel (%) | 9.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Italy (%) | 1.5 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Ivory Coast (%) | -6.3 2022 | yearly | 1975 - 2022 |
Japan (USD mn) | 14,232.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
Jordan (%) | 3.0 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
Kazakhstan (%) | -2.6 Sep 2023 | quarterly | Dec 1997 - Sep 2023 |
Kenya (%) | -2.3 Mar 2023 | quarterly | Mar 2009 - Mar 2023 |
South Korea (USD mn) | 7,671.1 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
Kosovo (%) | -15.4 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
Kuwait (%) | 37.2 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
Kyrgyzstan (%) | -60.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
Laos (%) | -0.1 2022 | yearly | 1984 - 2022 |
Latvia (%) | -1.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Lebanon (%) | -4.4 2020 | yearly | 2002 - 2020 |
Lithuania (%) | 4.2 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Luxembourg (%) | 7.0 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Macau SAR, China (%) | 11.4 2022 | yearly | 2002 - 2022 |
North Macedonia (%) | -3.0 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Malawi (%) | -14.2 2021 | yearly | 1977 - 2021 |
Malaysia (%) | 0.1 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Malta (%) | 0.3 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Mauritius (%) | -3.4 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Mexico (%) | 2.5 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Moldova (%) | -11.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Mongolia (%) | -4.9 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Montenegro (%) | -24.1 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
Morocco (%) | -0.5 Dec 2023 | quarterly | Mar 2014 - Dec 2023 |
Mozambique (%) | -37.4 2022 | yearly | 1980 - 2022 |
Nepal (%) | -1.3 2023 | yearly | 2001 - 2023 |
Netherlands (%) | 8.5 Dec 2023 | quarterly | Mar 1987 - Dec 2023 |
New Zealand (%) | -6.7 Dec 2023 | quarterly | Jun 1987 - Dec 2023 |
Nigeria (%) | 1.8 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
Norway (%) | 16.1 Sep 2023 | quarterly | Mar 1981 - Sep 2023 |
Oman (%) | -4.9 2021 | yearly | 1980 - 2021 |
Pakistan (%) | -0.7 2023 | yearly | 1977 - 2023 |
Palestinian Territory (%) | -16.1 Mar 2023 | quarterly | Mar 2011 - Mar 2023 |
Panama (%) | -18.8 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Paraguay (%) | -1.2 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Peru (%) | 2.3 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Philippines (%) | -4.3 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
Poland (%) | 1.8 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Portugal (%) | -0.4 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Qatar (%) | 15.6 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
Romania (%) | -7.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Russia (%) | 2.1 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Saudi Arabia (%) | 1.6 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
Serbia (%) | -5.5 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Singapore (%) | 19.5 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
Slovakia (%) | -3.6 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
Slovenia (%) | 3.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
South Africa (%) | -2.3 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
Spain (%) | 2.2 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Sri Lanka (%) | 1.1 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
Sudan (%) | -8.5 2021 | yearly | 1977 - 2021 |
Sweden (%) | 7.1 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Switzerland (%) | 7.6 Dec 2023 | quarterly | Mar 1983 - Dec 2023 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doBelarus Key Series
Buy Selected Data
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 1.284 2028 | yearly | 1993 - 2028 |
Trade Balance (USD mn) | -46.0 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Total Exports (USD mn) | 3,148.8 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Total Exports Growth (%) | 1.0 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
Aluminum: Exports (USD th) | 132,482.473 2022 | yearly | 1995 - 2022 |
Exports: Medicament (USD th) | 227,173.504 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 23,877.829 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 3,394.2 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Total Imports Growth (%) | 3.4 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
Imports: Medicament (USD th) | 465,999.355 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 277,848.677 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 2.507 Jun 2022 | monthly | Feb 1992 - Jun 2022 |
Total Imports from USA (USD mn) | 12.380 Jun 2022 | monthly | Aug 1992 - Jun 2022 |
Total Exports to China (USD mn) | 238.156 Jun 2022 | monthly | Jan 2011 - Jun 2022 |
Total Imports from China (USD mn) | 389.485 Jun 2022 | monthly | Jan 2011 - Jun 2022 |
Exports: Goods & Services: BPM6 (USD mn) | 3,783.363 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Imports: Goods & Services: BPM6 (USD mn) | 3,829.396 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Balance: Goods & Services: BPM6 (USD mn) | -46.033 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Balance: Goods & Services: BPM6: Goods (USD mn) | -245.400 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Exports: Goods & Services: BPM6: Services (USD mn) | 634.563 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Imports: Goods & Services: BPM6: Services (USD mn) | 435.196 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Balance: Goods & Services: BPM6: Services (USD mn) | 199.367 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Exports: Goods: ytd: Transport (USD mn) | 711.600 Mar 2021 | quarterly | Sep 2003 - Mar 2021 |
Exports: Goods: ytd: Chemical Industry (USD mn) | 1,084.400 Mar 2021 | quarterly | Sep 2003 - Mar 2021 |
Exports: Goods: ytd: Mineral Products (USD mn) | 1,444.900 Mar 2021 | quarterly | Sep 2003 - Mar 2021 |
Exports: Goods: ytd: Agricultural & Food Products (USD mn) | 2,993.718 Jun 2021 | quarterly | Sep 2003 - Jun 2021 |
Exports: Goods: ytd: Machinery and Equipment (USD mn) | 668.400 Mar 2021 | quarterly | Sep 2003 - Mar 2021 |
MERB Forecast: Exports: Goods & Services: YoY (%) | 7.900 2025 | yearly | 2021 - 2025 |
Exports: Goods: CIS: Russia (USD mn) | 16,370.300 2021 | yearly | 2000 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.0 Dec 2018 | monthly | Dec 2003 - Dec 2018 |
Household Debt: % of GDP (%) | 9.7 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
Non-Performing Loans (USD mn) | 97.434 Feb 2024 | monthly | Dec 2014 - Feb 2024 |
Money Supply M1 (USD mn) | 7,223.162 Mar 2024 | monthly | Nov 1993 - Mar 2024 |
Money Supply M2 (USD mn) | 13,092.449 Mar 2024 | monthly | Nov 1993 - Mar 2024 |
M2 Growth (%) | 31.8 Mar 2024 | monthly | Dec 1990 - Mar 2024 |
Reserve Requirement Ratio (%) | 18.0 Mar 2024 | monthly | Jul 1998 - Mar 2024 |
Foreign Exchange Reserves (USD mn) | 3,138.6 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
Foreign Exchange Reserves: % of GDP (%) | 4.404 Dec 2023 | quarterly | Dec 2009 - Dec 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 1.0 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
Gold Reserves (USD mn) | 3,843.817 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
Total Deposits (USD mn) | 19,776.666 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
Total Deposits Growth (%) | 22.6 Feb 2024 | monthly | Dec 2003 - Feb 2024 |
Domestic Credit (USD mn) | 23,402.0 Feb 2024 | monthly | Dec 2006 - Feb 2024 |
Domestic Credit Growth (%) | 17.3 Feb 2024 | monthly | Dec 2007 - Feb 2024 |
Household Debt (USD mn) | 6,642.0 Feb 2024 | monthly | Dec 2006 - Feb 2024 |
Total Loans (USD mn) | 22,836.282 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
Total Loans Growth (%) | 18.33 Feb 2024 | monthly | Dec 2003 - Feb 2024 |
Private Debt: % of Nominal GDP (%) | 21.10 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
Money Supply: M3: M2: M1: M0 (BYN mn) | 10,032.968 Mar 2024 | monthly | Dec 2014 - Mar 2024 |
Money Supply: M3: M2 (BYN mn) | 42,547.840 Mar 2024 | monthly | Dec 2014 - Mar 2024 |
Money Supply: M3 (BYN mn) | 76,652.890 Mar 2024 | monthly | Dec 2014 - Mar 2024 |
Money Supply: M3: M2: M1 (BYN mn) | 23,473.833 Mar 2024 | monthly | Dec 2014 - Mar 2024 |
International Reserve Assets: IMF Methodology: Foreign Currency Reserves (USD mn) | 3,138.483 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
International Reserve Assets: IMF Methodology (USD mn) | 8,352.496 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
International Reserve Assets: IMF Methodology: Monetary Gold (USD mn) | 3,843.817 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
Banking System Survey: Domestic Claims (BYN mn) | 75,801.570 Feb 2024 | monthly | Dec 2014 - Feb 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -9.6 Aug 2014 | monthly | Dec 2006 - Aug 2014 |
More Indicators for Belarus
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.