Belarus External Debt: % of GDP
Key information about Belarus External Debt: % of GDP
- Belarus External Debt accounted for 40.7 % of the country's Nominal GDP in 2025, compared with the ratio of 42.2 % in the previous quarter.
- Belarus External Debt: % of Nominal GDP data is updated quarterly, available from Dec 2000 to Dec 2025.
- The data reached an all-time high of 78.0 % in Dec 2016 and a record low of 16.0 % in Dec 2000.
The National Bank of the Republic of Belarus calculates External Debt as % of Nominal GDP as the ratio between Gross External Debt at the end of each quarter and the rolling sum of Nominal GDP for the latest four quarters.
Related information about Belarus External Debt: % of GDP
- In the latest reports of Belarus, Current Account recorded a surplus of 13.2 USD mn in Jun 2025.
- Foreign Direct Investment (FDI) fell by 65.4 USD mn in Dec 2025.
- Belarus Direct Investment Abroad expanded by 68.3 USD mn in Dec 2025.
- Its Foreign Portfolio Investment increased by 11.6 USD mn in Dec 2025.
- The country's External Debt reached 38,333.0 in Dec 2025.
- The country's Nominal GDP was reported at 22.3 USD bn in Jun 2025.
View Belarus's External Debt: % of GDP from Dec 2000 to Dec 2025 in the chart:
What was Belarus's External Debt: % of GDP in Dec 2025?
Belarus External Debt accounted for 40.7 % of the country's Nominal GDP in 2025, compared with the ratio of 42.2 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 40.7 Dec 2025 | 42.2 Sep 2025 | 16.0 Dec 2000 | 78.0 Dec 2016 | % | quarterly | Dec 2000 - Dec 2025 |
External Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 37.8 2025 | yearly | 1991 - 2025 |
| Algeria (%) | 1.1 2024 | yearly | 1970 - 2024 |
| Argentina (%) | 46.8 2025 | yearly | 1994 - 2025 |
| Armenia (%) | 64.7 2025 | yearly | 2000 - 2025 |
| Australia (%) | 107.2 2025 | yearly | 1988 - 2025 |
| Austria (%) | 154.5 2024 | yearly | 1997 - 2024 |
| Azerbaijan (%) | 14.9 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
| Bangladesh (%) | 11.4 2017 | yearly | 1997 - 2017 |
| Belarus (%) | 40.7 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Belgium (%) | 242.8 2025 | yearly | 2007 - 2025 |
| Bolivia (%) | 33.0 2024 | yearly | 2006 - 2024 |
| Bosnia and Herzegovina (%) | 16.4 2025 | yearly | 1999 - 2025 |
| Botswana (%) | 7.8 2025 | yearly | 1995 - 2025 |
| Brazil (%) | 29.0 2025 | yearly | 1992 - 2025 |
| Bulgaria (%) | 50.5 2025 | yearly | 1999 - 2025 |
| Cambodia (%) | 45.4 2024 | yearly | 2010 - 2024 |
| Canada (%) | 147.2 2025 | yearly | 1990 - 2025 |
| Chile (%) | 77.6 2025 | yearly | 1971 - 2025 |
| China (%) | 11.9 2025 | yearly | 1985 - 2025 |
| Colombia (%) | 48.0 2024 | yearly | 1970 - 2024 |
| Croatia (%) | 74.3 2022 | yearly | 1998 - 2022 |
| Cyprus (%) | 617.2 2025 | yearly | 2004 - 2025 |
| Czech Republic (%) | 66.4 2025 | yearly | 1995 - 2025 |
| Denmark (%) | 142.9 2025 | yearly | 2005 - 2025 |
| Ecuador (%) | 49.7 2025 | yearly | 1970 - 2025 |
| Egypt (%) | 42.4 Sep 2025 | quarterly | Jun 1999 - Sep 2025 |
| Estonia (%) | 99.8 2025 | yearly | 1996 - 2025 |
| European Union (%) | 106.6 2025 | yearly | 2013 - 2025 |
| Finland (%) | 207.2 2025 | yearly | 1991 - 2025 |
| France (%) | 250.2 2024 | yearly | 2004 - 2024 |
| Georgia (%) | 70.3 2025 | yearly | 1999 - 2025 |
| Germany (%) | 151.3 2025 | yearly | 1999 - 2025 |
| Ghana (%) | 25.7 2025 | yearly | 1999 - 2025 |
| Greece (%) | 237.7 2025 | yearly | 2003 - 2025 |
| Hong Kong SAR, China (%) | 481.9 2025 | yearly | 2001 - 2025 |
| Hungary (%) | 118.0 2025 | yearly | 2006 - 2025 |
| Iceland (%) | 75.3 2025 | yearly | 1989 - 2025 |
| India (%) | 19.1 2025 | yearly | 1970 - 2025 |
| Indonesia (%) | 29.9 2025 | yearly | 2003 - 2025 |
| Iran (%) | 0.8 2025 | yearly | 1994 - 2025 |
| Ireland (%) | 507.4 2025 | yearly | 2002 - 2025 |
| Israel (%) | 26.9 2025 | yearly | 1998 - 2025 |
| Italy (%) | 120.8 2024 | yearly | 2002 - 2024 |
| Ivory Coast (%) | 34.4 2022 | yearly | 1994 - 2022 |
| Japan (%) | 109.8 2025 | yearly | 2003 - 2025 |
| Jordan (%) | 74.1 2025 | yearly | 1970 - 2025 |
| Kazakhstan (%) | 59.5 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Kenya (%) | 31.1 2025 | yearly | 2006 - 2025 |
| South Korea (%) | 40.9 2025 | yearly | 1994 - 2025 |
| Kosovo (%) | 40.7 2024 | yearly | 2007 - 2024 |
| Kuwait (%) | 60.1 2025 | yearly | 2014 - 2025 |
| Kyrgyzstan (%) | 55.4 2025 | yearly | 2003 - 2025 |
| Laos (%) | 68.7 2024 | yearly | 1996 - 2024 |
| Latvia (%) | 104.1 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Lebanon (%) | 21.3 2023 | yearly | 2007 - 2023 |
| Lithuania (%) | 93.1 2025 | yearly | 1996 - 2025 |
| Luxembourg (%) | 3,937.1 2025 | yearly | 2002 - 2025 |
| North Macedonia (%) | 72.0 2025 | yearly | 2004 - 2025 |
| Malawi (%) | 60.1 2021 | yearly | 2006 - 2021 |
| Malaysia (%) | 68.9 2025 | yearly | 2009 - 2025 |
| Malta (%) | 785.5 2025 | yearly | 2004 - 2025 |
| Mauritius (%) | 1,200.9 2025 | yearly | 2009 - 2025 |
| Mexico (%) | 35.0 2025 | yearly | 2002 - 2025 |
| Moldova (%) | 56.7 2024 | yearly | 2000 - 2024 |
| Mongolia (%) | 158.8 2025 | yearly | 1992 - 2025 |
| Montenegro (%) | 105.7 2024 | yearly | 2006 - 2024 |
| Morocco (%) | 50.8 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 49.2 2023 | yearly | 1985 - 2023 |
| Myanmar (%) | 18.9 2023 | yearly | 2018 - 2023 |
| Nepal (%) | 17.3 2016 | yearly | 2001 - 2016 |
| Netherlands (%) | 345.3 2025 | yearly | 2003 - 2025 |
| New Zealand (%) | 98.2 2025 | yearly | 1993 - 2025 |
| Nigeria (%) | 12.0 2025 | yearly | 1985 - 2025 |
| Norway (%) | 156.3 2025 | yearly | 2003 - 2025 |
| Pakistan (%) | 33.4 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 13.1 2024 | yearly | 2012 - 2024 |
| Panama (%) | 167.4 2021 | yearly | 2014 - 2021 |
| Paraguay (%) | 59.8 2025 | yearly | 2000 - 2025 |
| Peru (%) | 33.7 2025 | yearly | 1980 - 2025 |
| Philippines (%) | 30.3 2025 | yearly | 1990 - 2025 |
| Poland (%) | 50.1 2025 | yearly | 1995 - 2025 |
| Portugal (%) | 145.3 2025 | yearly | 1996 - 2025 |
| Qatar (%) | 106.1 2018 | yearly | 2000 - 2018 |
| Romania (%) | 57.5 2024 | yearly | 1995 - 2024 |
| Russia (%) | 12.5 2025 | yearly | 1993 - 2025 |
| Serbia (%) | 60.5 2024 | yearly | 2000 - 2024 |
| Singapore (%) | 402.2 2025 | yearly | 2003 - 2025 |
| Slovakia (%) | 100.8 2025 | yearly | 1995 - 2025 |
| Slovenia (%) | 88.9 2025 | yearly | 1995 - 2025 |
| South Africa (%) | 46.9 2025 | yearly | 1985 - 2025 |
| Spain (%) | 162.9 2024 | yearly | 1995 - 2024 |
| Sri Lanka (%) | 75.0 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 202.2 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 155.5 2025 | yearly | 1997 - 2025 |
| Switzerland (%) | 226.4 2025 | yearly | 1999 - 2025 |
| Taiwan, China (%) | 26.5 2025 | yearly | 1999 - 2025 |
| Tajikistan (%) | 37.7 2021 | yearly | 2000 - 2021 |
| Thailand (%) | 35.4 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Tunisia (%) | 73.8 2025 | yearly | 2002 - 2025 |
| Turkey (%) | 32.6 2025 | yearly | 1995 - 2025 |
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Learn more about what we doBelarus Key Series
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.284 2028 | yearly | 1993 - 2028 |
| Trade Balance (USD mn) | -135.1 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Total Exports (USD mn) | 3,866.1 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Total Exports Growth (%) | 14.3 Mar 2026 | monthly | Jan 2001 - Mar 2026 |
| Aluminum: Exports (USD th) | 220,980.540 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 385,310.696 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 57,537.110 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 4,417.9 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Total Imports Growth (%) | 13.5 Mar 2026 | monthly | Jan 2001 - Mar 2026 |
| Imports: Medicament (USD th) | 541,096.572 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 484,245.888 2024 | yearly | 1995 - 2024 |
| 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: CIS: Ukraine (USD mn) | 5,423.400 2021 | yearly | 2000 - 2021 |
| Exports: Goods: CIS: Russia (USD mn) | 16,370.300 2021 | yearly | 2000 - 2021 |
| Exports: Goods: CIS: Azerbaijan (USD mn) | 478.000 2021 | yearly | 2000 - 2021 |
| Exports: Goods: CIS: Kazakhstan (USD mn) | 911.600 2021 | yearly | 2000 - 2021 |
| Exports: Goods: CIS: Moldova (USD mn) | 180.700 2021 | yearly | 2000 - 2021 |
| Exports: Goods: ytd: Agricultural & Food Products (USD mn) | 2,993.718 Jun 2021 | quarterly | Sep 2003 - Jun 2021 |
| Exports: Goods: ytd: Mineral Products (USD mn) | 1,444.900 Mar 2021 | quarterly | Sep 2003 - Mar 2021 |
| 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: Machinery and Equipment (USD mn) | 668.400 Mar 2021 | quarterly | Sep 2003 - Mar 2021 |
| MERB Forecast: Exports: Goods & Services: YoY (%) | 3.700 2026 | yearly | 2021 - 2026 |
| Imports: Goods: CIS: Ukraine (USD mn) | 1,499.400 2021 | yearly | 2000 - 2021 |
| Imports: Goods: CIS: Russia (USD mn) | 23,659.500 2021 | yearly | 2000 - 2021 |
| Imports: Goods: CIS: Armenia (USD mn) | 28.900 2021 | yearly | 2000 - 2021 |
| Imports: Goods: CIS: Kazakhstan (USD mn) | 180.700 2021 | yearly | 2000 - 2021 |
| Imports: Goods: CIS: Moldova (USD mn) | 72.300 2021 | yearly | 2000 - 2021 |
| Imports: Goods: ytd: Mineral Products (USD mn) | 2,484.500 Mar 2021 | quarterly | Sep 2003 - Mar 2021 |
| Imports: Goods: ytd: Agricultural & Food Products (USD mn) | 2,049.682 Jun 2021 | quarterly | Sep 2003 - Jun 2021 |
| Imports: Goods: ytd: Transport (USD mn) | 454.800 Mar 2021 | quarterly | Sep 2003 - Mar 2021 |
| Imports: Goods: ytd: Machinery and Equipment (USD mn) | 1,314.600 Mar 2021 | quarterly | Sep 2003 - Mar 2021 |
| Imports: Goods: ytd: Chemical Industry (USD mn) | 760.500 Mar 2021 | quarterly | Sep 2003 - Mar 2021 |
| Exports: Goods & Services: BPM6 (USD mn) | 5,043.984 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Imports: Goods & Services: BPM6 (USD mn) | 5,179.124 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Balance: Goods & Services: BPM6 (USD mn) | -135.140 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Balance: Goods & Services: BPM6: Goods (USD mn) | -551.822 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Exports: Goods & Services: BPM6: Services (USD mn) | 1,177.906 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Imports: Goods & Services: BPM6: Services (USD mn) | 761.224 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Balance: Goods & Services: BPM6: Services (USD mn) | 416.682 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Export Value Index (2015=100) | 150.100 2023 | yearly | 1995 - 2023 |
| Import Value Index (2015=100) | 144.500 2023 | yearly | 1995 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.0 Dec 2018 | monthly | Dec 2003 - Dec 2018 |
| Household Debt: % of GDP (%) | 10.6 Dec 2025 | quarterly | Dec 2006 - Dec 2025 |
| Non-Performing Loans (USD mn) | 141.233 Apr 2026 | monthly | Dec 2014 - Apr 2026 |
| Money Supply M1 (USD mn) | 12,852.765 Apr 2026 | monthly | Nov 1993 - Apr 2026 |
| Money Supply M2 (USD mn) | 24,777.704 Apr 2026 | monthly | Nov 1993 - Apr 2026 |
| M2 Growth (%) | 27.8 Apr 2026 | monthly | Dec 1990 - Apr 2026 |
| Reserve Requirement Ratio (%) | 20.0 May 2026 | monthly | Jul 1998 - May 2026 |
| Foreign Exchange Reserves (USD mn) | 5,749.2 May 2026 | monthly | Dec 2002 - May 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 5.900 Dec 2025 | quarterly | Dec 2009 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.3 Mar 2026 | monthly | Dec 2002 - Mar 2026 |
| Gold Reserves (USD mn) | 7,879.162 May 2026 | monthly | Dec 2002 - May 2026 |
| Total Deposits (USD mn) | 30,387.744 Apr 2026 | monthly | Dec 2002 - Apr 2026 |
| Total Deposits Growth (%) | 15.6 Mar 2026 | monthly | Dec 2003 - Mar 2026 |
| Domestic Credit (USD mn) | 34,981.2 Apr 2026 | monthly | Dec 2006 - Apr 2026 |
| Domestic Credit Growth (%) | 15.0 Apr 2026 | monthly | Dec 2007 - Apr 2026 |
| Household Debt (USD mn) | 11,024.1 Apr 2026 | monthly | Dec 2006 - Apr 2026 |
| Total Loans (USD mn) | 33,031.381 Mar 2026 | monthly | Dec 2002 - Mar 2026 |
| Total Loans Growth (%) | 11.69 Apr 2026 | monthly | Dec 2003 - Apr 2026 |
| Private Debt: % of Nominal GDP (%) | 20.27 Mar 2026 | quarterly | Dec 2006 - Mar 2026 |
| International Reserve Assets: IMF Methodology: Foreign Currency Reserves (USD mn) | 5,749.079 May 2026 | monthly | Dec 2002 - May 2026 |
| International Reserve Assets: IMF Methodology (USD mn) | 15,037.604 May 2026 | monthly | Dec 2002 - May 2026 |
| International Reserve Assets: IMF Methodology: Monetary Gold (USD mn) | 7,879.162 May 2026 | monthly | Dec 2002 - May 2026 |
| International Reserve Assets: IMF Methodology: Other Assets (USD mn) | 0.100 May 2026 | monthly | Dec 2002 - May 2026 |
| Banking System Survey: Domestic Claims (BYN mn) | 98,751.888 Apr 2026 | monthly | Dec 2014 - Apr 2026 |
| Banking System Survey: Domestic Claims: Claims on Other Sectors: Other Resident ... (BYN mn) | 31,121.091 Apr 2026 | monthly | Dec 2014 - Apr 2026 |
| Money Supply: M3: M2: M1: M0 (BYN mn) | 15,726.841 Apr 2026 | monthly | Dec 2014 - Apr 2026 |
| Money Supply: M3: M2: M1 (BYN mn) | 36,283.356 Apr 2026 | monthly | Dec 2014 - Apr 2026 |
| Money Supply: M3: M2 (BYN mn) | 69,947.458 Apr 2026 | monthly | Dec 2014 - Apr 2026 |
| Money Supply: M3 (BYN mn) | 104,206.381 Apr 2026 | monthly | Dec 2014 - Apr 2026 |
| Bank Deposits: Private Sector (BYN mn) | 29,764.100 Mar 2026 | monthly | Dec 2014 - Mar 2026 |
| Bank Deposits: Natural Persons (BYN mn) | 41,367.100 Mar 2026 | monthly | Dec 2014 - Mar 2026 |
| Bank Deposits (BYN mn) | 86,840.600 Mar 2026 | monthly | Dec 2004 - Mar 2026 |
| Bank Loans: Natural Persons (BYN mn) | 30,679.100 Apr 2026 | monthly | Dec 2014 - Apr 2026 |
| Bank Loans (BYN mn) | 98,743.400 Apr 2026 | monthly | Dec 2014 - Apr 2026 |
| Bank Loans: Private Sector (BYN mn) | 28,937.300 Mar 2026 | monthly | Dec 2014 - Mar 2026 |
| Bank Loans: Doubtful Debt (BYN mn) | 398.700 Apr 2026 | monthly | Dec 2014 - Apr 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -9.6 Aug 2014 | monthly | Dec 2006 - Aug 2014 |
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