Belarus Household Debt: % of GDP
Key information about Belarus Household Debt: % of GDP
- Belarus household debt accounted for 10.5 % of the country's Nominal GDP in Sep 2025, compared with the ratio of 10.5 % in the previous quarter.
- Belarus household debt to GDP ratio is updated quarterly, available from Dec 2006 to Sep 2025.
- The data reached an all-time high of 13.7 % in Mar 2011 and a record low of 7.0 % in Dec 2006.
CEIC calculates quarterly Household Debt as % of Nominal GDP from monthly Household Debt and quarterly Nominal GDP. The National Bank of the Republic of Belarus provides Household Debt in local currency. The National Statistical Committee of the Republic of Belarus provides Nominal GDP in local currency based on SNA 2008. Loans are used due to the lack of Flow of Funds statistics. Banking system survey data is used as non-banking financial corporations do not share any part of household debt. Household Debt prior to Q4 2014 is calculated from BYR. Since 2016, the national currency became BYN (1 BYN = 10 000 BYR). Nominal GDP prior to Q3 2009 is based on SNA 1993.
Related information about Belarus Household Debt: % of GDP
- In the latest reports, Belarus Household Debt reached 10.2 USD bn in Nov 2025.
- Money Supply M2 in Belarus increased 26.3 % YoY in Nov 2025.
- Belarus Foreign Exchange Reserves was measured at 5.2 USD bn in Nov 2025.
- The Foreign Exchange Reserves equaled 1.3 Months of Import in Oct 2025.
- Belarus Domestic Credit reached 31.4 USD bn in Nov 2025, representing an increased of 11.3 % YoY.
View Belarus's Household Debt: % of GDP from Dec 2006 to Sep 2025 in the chart:
What was Belarus's Household Debt: % of GDP in Sep 2025?
Belarus household debt accounted for 10.5 % of the country's Nominal GDP in Sep 2025, compared with the ratio of 10.5 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 10.5 Sep 2025 | 10.5 Jun 2025 | 7.0 Dec 2006 | 13.7 Mar 2011 | % | quarterly | Dec 2006 - Sep 2025 |
Household Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 13.5 Sep 2025 | quarterly | Sep 2007 - Sep 2025 |
| Argentina (%) | 6.6 Sep 2025 | quarterly | Dec 2004 - Sep 2025 |
| Armenia (%) | 32.5 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Australia (%) | 120.3 Jun 2025 | quarterly | Jun 1988 - Jun 2025 |
| Austria (%) | 42.3 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Azerbaijan (%) | 14.3 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Belarus (%) | 10.5 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| Belgium (%) | 58.3 Jun 2025 | quarterly | Dec 1992 - Jun 2025 |
| Bolivia (%) | 11.4 Dec 2024 | quarterly | Sep 2010 - Dec 2024 |
| Bosnia and Herzegovina (%) | 25.2 Sep 2025 | quarterly | Dec 2008 - Sep 2025 |
| Botswana (%) | 21.6 Sep 2025 | quarterly | Dec 2002 - Sep 2025 |
| Brunei (%) | 15.3 Sep 2025 | quarterly | Dec 2013 - Sep 2025 |
| Bulgaria (%) | 30.1 2024 | yearly | 1995 - 2024 |
| Cambodia (%) | 27.2 2024 | yearly | 2008 - 2024 |
| Canada (%) | 97.7 Sep 2025 | quarterly | Mar 1969 - Sep 2025 |
| Chile (%) | 37.7 Sep 2025 | quarterly | Mar 2009 - Sep 2025 |
| China (%) | 60.4 Sep 2025 | quarterly | Mar 2007 - Sep 2025 |
| Colombia (%) | 29.5 Jun 2025 | quarterly | Dec 2015 - Jun 2025 |
| Croatia (%) | 33.8 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Cyprus (%) | 71.2 2024 | yearly | 1995 - 2024 |
| Czech Republic (%) | 33.2 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Denmark (%) | 92.7 2023 | yearly | 1994 - 2023 |
| Ecuador (%) | 17.4 Jun 2025 | quarterly | Mar 2003 - Jun 2025 |
| Egypt (%) | 7.3 Sep 2025 | quarterly | Dec 2002 - Sep 2025 |
| Estonia (%) | 39.8 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| European Union (%) | 50.9 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Finland (%) | 74.1 2024 | yearly | 1995 - 2024 |
| France (%) | 59.9 2024 | yearly | 1977 - 2024 |
| Georgia (%) | 36.9 Mar 2023 | quarterly | Mar 2001 - Mar 2023 |
| Germany (%) | 49.0 Jun 2025 | quarterly | Dec 1991 - Jun 2025 |
| Greece (%) | 46.7 Jun 2025 | quarterly | Dec 1997 - Jun 2025 |
| Hong Kong SAR, China (%) | 87.7 Sep 2025 | quarterly | Mar 1982 - Sep 2025 |
| Hungary (%) | 20.7 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Iceland (%) | 70.8 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| India (%) | 17.6 2025 | yearly | 1998 - 2025 |
| Indonesia (%) | 15.2 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Ireland (%) | 25.1 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| Israel (%) | 42.9 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Italy (%) | 47.1 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Japan (%) | 61.1 Sep 2025 | quarterly | Dec 1997 - Sep 2025 |
| Jordan (%) | 78.2 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| Kazakhstan (%) | 62.5 Jun 2025 | quarterly | Dec 1997 - Jun 2025 |
| South Korea (%) | 92.7 Jun 2025 | quarterly | Dec 2002 - Jun 2025 |
| Kosovo (%) | 24.9 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Kuwait (%) | 0.9 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Kyrgyzstan (%) | 12.1 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Latvia (%) | 23.1 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Lithuania (%) | 30.0 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Luxembourg (%) | 62.4 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Macau SAR, China (%) | 76.1 Sep 2025 | quarterly | Dec 2001 - Sep 2025 |
| North Macedonia (%) | 26.7 Sep 2025 | quarterly | Mar 2003 - Sep 2025 |
| Malawi (%) | 0.3 2011 | yearly | 2006 - 2011 |
| Malaysia (%) | 84.1 2024 | yearly | 2002 - 2024 |
| Malta (%) | 47.8 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Mauritius (%) | 20.6 Jun 2018 | quarterly | Mar 2009 - Jun 2018 |
| Mexico (%) | 17.2 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Mongolia (%) | 29.7 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Montenegro (%) | 28.3 Sep 2025 | quarterly | Mar 2007 - Sep 2025 |
| Morocco (%) | 22.0 2024 | yearly | 2001 - 2024 |
| Netherlands (%) | 97.2 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| New Zealand (%) | 90.7 Sep 2025 | quarterly | Dec 1990 - Sep 2025 |
| Norway (%) | 88.8 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Panama (%) | 37.7 Sep 2025 | quarterly | Dec 2007 - Sep 2025 |
| Peru (%) | 15.3 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Philippines (%) | 12.8 Sep 2025 | quarterly | Mar 2009 - Sep 2025 |
| Poland (%) | 22.4 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| Portugal (%) | 55.9 Sep 2025 | quarterly | Dec 2007 - Sep 2025 |
| Romania (%) | 15.9 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Russia (%) | 18.9 Mar 2025 | quarterly | Dec 2000 - Mar 2025 |
| Saudi Arabia (%) | 10.7 Sep 2025 | quarterly | Dec 2003 - Sep 2025 |
| Serbia (%) | 18.1 Sep 2025 | quarterly | Dec 2003 - Sep 2025 |
| Singapore (%) | 53.0 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Slovakia (%) | 45.8 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Slovenia (%) | 27.8 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| South Africa (%) | 41.0 Jun 2025 | quarterly | Mar 1969 - Jun 2025 |
| Spain (%) | 47.8 Jun 2025 | quarterly | Dec 1989 - Jun 2025 |
| Sri Lanka (%) | 6.6 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Sweden (%) | 86.5 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Switzerland (%) | 123.1 2024 | yearly | 1999 - 2024 |
| Syria (%) | 14.6 2011 | yearly | 2004 - 2011 |
| Taiwan, China (%) | 95.5 2023 | yearly | 2000 - 2023 |
| Thailand (%) | 86.8 Sep 2025 | quarterly | Mar 2003 - Sep 2025 |
| Tunisia (%) | 0.0 2020 | yearly | 2007 - 2020 |
| Turkey (%) | 10.2 Jun 2025 | quarterly | Dec 2014 - Jun 2025 |
| Ukraine (%) | 4.0 Jun 2025 | quarterly | Dec 2002 - Jun 2025 |
| United Arab Emirates (%) | 24.1 2024 | yearly | 2013 - 2024 |
| United Kingdom (%) | 78.1 Sep 2025 | quarterly | Mar 1987 - Sep 2025 |
| United States (%) | 61.4 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Uruguay (%) | 11.7 Sep 2025 | quarterly | Dec 2005 - Sep 2025 |
| Venezuela (%) | 3.4 2017 | yearly | 2004 - 2017 |
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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) | -177.9 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Total Exports (USD mn) | 3,631.6 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Total Exports Growth (%) | 5.8 Oct 2025 | monthly | Jan 2001 - Oct 2025 |
| 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) | 4,213.0 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Total Imports Growth (%) | 8.6 Oct 2025 | monthly | Jan 2001 - Oct 2025 |
| 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 |
| Imports: Goods & Services: BPM6 (USD mn) | 4,836.487 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Exports: Goods & Services: BPM6 (USD mn) | 4,658.558 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Balance: Goods & Services: BPM6 (USD mn) | -177.930 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Balance: Goods & Services: BPM6: Goods (USD mn) | -581.400 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Exports: Goods & Services: BPM6: Services (USD mn) | 1,026.958 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Imports: Goods & Services: BPM6: Services (USD mn) | 623.487 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Balance: Goods & Services: BPM6: Services (USD mn) | 403.470 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| 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 (%) | 7.900 2025 | yearly | 2021 - 2025 |
| Exports: Goods: CIS: Russia (USD mn) | 16,370.300 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: Chemical Industry (USD mn) | 760.500 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 |
| Import Value Index (2015=100) | 138.228 2021 | yearly | 1995 - 2021 |
| Export Value Index (2015=100) | 148.600 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.0 Dec 2018 | monthly | Dec 2003 - Dec 2018 |
| Household Debt: % of GDP (%) | 10.5 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| Non-Performing Loans (USD mn) | 131.342 Nov 2025 | monthly | Dec 2014 - Nov 2025 |
| Money Supply M1 (USD mn) | 11,306.075 Nov 2025 | monthly | Nov 1993 - Nov 2025 |
| Money Supply M2 (USD mn) | 21,730.865 Nov 2025 | monthly | Nov 1993 - Nov 2025 |
| M2 Growth (%) | 26.3 Nov 2025 | monthly | Dec 1990 - Nov 2025 |
| Reserve Requirement Ratio (%) | 20.0 Dec 2025 | monthly | Jul 1998 - Dec 2025 |
| Foreign Exchange Reserves (USD mn) | 5,243.9 Nov 2025 | monthly | Dec 2002 - Nov 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 5.975 Sep 2025 | quarterly | Dec 2009 - Sep 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.3 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Gold Reserves (USD mn) | 7,256.886 Nov 2025 | monthly | Dec 2002 - Nov 2025 |
| Total Deposits (USD mn) | 26,936.719 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Total Deposits Growth (%) | 16.5 Oct 2025 | monthly | Dec 2003 - Oct 2025 |
| Domestic Credit (USD mn) | 30,063.7 Oct 2025 | monthly | Dec 2006 - Oct 2025 |
| Domestic Credit Growth (%) | 15.0 Oct 2025 | monthly | Dec 2007 - Oct 2025 |
| Household Debt (USD mn) | 10,244.5 Nov 2025 | monthly | Dec 2006 - Nov 2025 |
| Total Loans (USD mn) | 31,104.931 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Total Loans Growth (%) | 13.69 Oct 2025 | monthly | Dec 2003 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 19.84 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| International Reserve Assets: IMF Methodology: Monetary Gold (USD mn) | 7,256.886 Nov 2025 | monthly | Dec 2002 - Nov 2025 |
| International Reserve Assets: IMF Methodology: Other Assets (USD mn) | 0.100 Nov 2025 | monthly | Dec 2002 - Nov 2025 |
| International Reserve Assets: IMF Methodology (USD mn) | 13,899.743 Nov 2025 | monthly | Dec 2002 - Nov 2025 |
| International Reserve Assets: IMF Methodology: Foreign Currency Reserves (USD mn) | 5,243.794 Nov 2025 | monthly | Dec 2002 - Nov 2025 |
| Banking System Survey: Domestic Claims: Claims on Other Sectors: Other Resident ... (BYN mn) | 29,865.917 Nov 2025 | monthly | Dec 2014 - Nov 2025 |
| Money Supply: M3: M2: M1: M0 (BYN mn) | 14,089.988 Nov 2025 | monthly | Dec 2014 - Nov 2025 |
| Money Supply: M3: M2: M1 (BYN mn) | 32,960.602 Nov 2025 | monthly | Dec 2014 - Nov 2025 |
| Money Supply: M3 (BYN mn) | 97,999.717 Nov 2025 | monthly | Dec 2014 - Nov 2025 |
| Money Supply: M3: M2 (BYN mn) | 53,991.497 Dec 2024 | monthly | Dec 2014 - Dec 2024 |
| Banking System Survey: Domestic Claims (BYN mn) | 84,568.317 Jan 2025 | monthly | Dec 2014 - Jan 2025 |
| Bank Deposits (BYN mn) | 80,196.000 Oct 2025 | monthly | Dec 2004 - Oct 2025 |
| Bank Deposits: Private Sector (BYN mn) | 27,876.100 Oct 2025 | monthly | Dec 2014 - Oct 2025 |
| Bank Deposits: Natural Persons (BYN mn) | 37,912.800 Oct 2025 | monthly | Dec 2014 - Oct 2025 |
| Bank Loans (BYN mn) | 93,746.500 Nov 2025 | monthly | Dec 2014 - Nov 2025 |
| Bank Loans: Natural Persons (BYN mn) | 29,422.100 Nov 2025 | monthly | Dec 2014 - Nov 2025 |
| Bank Loans: Private Sector (BYN mn) | 26,826.800 Oct 2025 | monthly | Dec 2014 - Oct 2025 |
| Bank Loans: Doubtful Debt (BYN mn) | 301.800 Oct 2025 | monthly | Dec 2014 - Oct 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -9.6 Aug 2014 | monthly | Dec 2006 - Aug 2014 |
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