Belarus Nominal GDP
1994 - 2023 | Quarterly | USD mn | CEIC Data
Key information about Belarus Nominal GDP
- Belarus Nominal GDP reached 16.9 USD bn in Mar 2023, compared with 20.7 USD bn in the previous quarter.
- Nominal GDP in Belarus is updated quarterly, available from Mar 1994 to Mar 2023, with an average number of 11.8 USD bn.
- The data reached an all-time high of 21.8 USD bn in Sep 2014 and a record low of 939.8 USD mn in Mar 1994.
CEIC converts quarterly Nominal GDP into USD. 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 and prior to Q1 2000 is sourced from the International Monetary Fund.
Related information about Belarus Nominal GDP
- In the latest reports, Belarus GDP contracted 5.6 % YoY in Sep 2022.
- Its GDP deflator (implicit price deflator) increased 17.8 % in Sep 2022.
- Belarus GDP Per Capita reached 7,489.7 USD in Dec 2021.
- Its Gross Savings Rate was measured at 28.2 % in Dec 2022.
- For Nominal GDP contributions, Investment accounted for 25.9 % in Dec 2022.
- Public Consumption accounted for 18.2 % in Dec 2022.
- Private Consumption accounted for 53.7 % in Dec 2022.
View Belarus's Nominal GDP from Mar 1994 to Mar 2023 in the chart:
What was Belarus's Nominal GDP in Mar 2023?
Belarus Nominal GDP reached 16.9 USD bn in Mar 2023, compared with 20.7 USD bn in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 16,878.2 Mar 2023 | 20,731.9 Dec 2022 | 939.8 Mar 1994 | 21,813.0 Sep 2014 | USD mn | quarterly | Mar 1994 - Mar 2023 |
Nominal GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 1,020.5 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| Algeria (USD mn) | 49,686.2 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| Argentina (USD mn) | 161,468.8 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
| Armenia (USD mn) | 4,555.0 Mar 2023 | quarterly | Dec 1994 - Mar 2023 |
| Australia (USD mn) | 440,146.9 Mar 2023 | quarterly | Sep 1959 - Mar 2023 |
| Austria (USD mn) | 117,117.1 Dec 2022 | quarterly | Mar 1988 - Dec 2022 |
| Azerbaijan (USD mn) | 20,960.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Bahrain (USD mn) | 11,004.5 Dec 2022 | quarterly | Mar 2007 - Dec 2022 |
| Bangladesh (USD mn) | 460,199.8 2022 | yearly | 1960 - 2022 |
| Belarus (USD mn) | 16,878.2 Mar 2023 | quarterly | Mar 1994 - Mar 2023 |
| Belgium (USD mn) | 153,814.1 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Bolivia (USD mn) | 10,724.0 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
| Bosnia and Herzegovina (USD mn) | 6,170.0 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Botswana (USD mn) | 5,136.2 Mar 2023 | quarterly | Sep 1993 - Mar 2023 |
| Brazil (USD mn) | 486,069.0 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
| Brunei (USD mn) | 4,130.1 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
| Bulgaria (USD mn) | 24,538.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cambodia (USD mn) | 39,490.8 2022 | yearly | 1993 - 2022 |
| Canada (USD mn) | 513,543.5 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
| Chile (USD mn) | 69,075.0 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
| China (USD mn) | 4,166,759.1 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
| Colombia (USD mn) | 79,499.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Croatia (USD mn) | 17,564.7 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cyprus (USD mn) | 7,631.5 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Czech Republic (USD mn) | 72,034.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Denmark (USD mn) | 96,987.7 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
| Ecuador (USD mn) | 29,334.6 Sep 2022 | quarterly | Mar 1991 - Sep 2022 |
| Egypt (USD mn) | 108,969.4 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
| Estonia (USD mn) | 9,214.3 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| European Union (USD mn) | 4,141,831.0 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
| Finland (USD mn) | 73,976.2 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
| France (USD mn) | 689,415.2 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
| Georgia (USD mn) | 9,159.2 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Germany (USD mn) | 1,072,807.2 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
| Ghana (USD mn) | 21,249.1 Dec 2024 | quarterly | Mar 2006 - Dec 2024 |
| Greece (USD mn) | 50,731.1 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Hong Kong SAR, China (USD mn) | 94,469.6 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
| Hungary (USD mn) | 42,734.0 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Iceland (USD mn) | 7,161.1 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| India (USD mn) | 873,666.0 Mar 2023 | quarterly | Jun 1996 - Mar 2023 |
| Indonesia (USD mn) | 328,642.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Iran (USD mn) | 429,426.7 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
| Ireland (USD mn) | 133,294.5 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Israel (USD mn) | 133,411.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Italy (USD mn) | 538,664.9 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Ivory Coast (USD mn) | 11,011.3 Sep 2022 | quarterly | Mar 1997 - Sep 2022 |
| Japan (USD mn) | 991,864.7 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
| Jordan (USD mn) | 11,474.4 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
| Kazakhstan (USD mn) | 76,997.7 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
| Kenya (USD mn) | 26,869.9 Sep 2022 | quarterly | Mar 2009 - Sep 2022 |
| South Korea (USD mn) | 429,247.3 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
| Kosovo (USD mn) | 3,220.0 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Kuwait (USD mn) | 27,984.3 Dec 2020 | quarterly | Mar 2010 - Dec 2020 |
| Kyrgyzstan (USD mn) | 2,120.3 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Laos (USD mn) | 15,362.5 2022 | yearly | 1984 - 2022 |
| Latvia (USD mn) | 10,411.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Lebanon (USD mn) | 63,482.3 2020 | yearly | 1997 - 2020 |
| Lithuania (USD mn) | 19,049.1 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Luxembourg (USD mn) | 22,027.3 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Macau SAR, China (USD mn) | 6,008.2 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
| North Macedonia (USD mn) | 3,828.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Malawi (USD mn) | 10,862.6 2019 | yearly | 1960 - 2019 |
| Malaysia (USD mn) | 102,217.9 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Malta (USD mn) | 4,614.7 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
| Mauritius (USD mn) | 3,723.6 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
| Mexico (USD mn) | 372,043.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Moldova (USD mn) | 3,863.7 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Mongolia (USD mn) | 3,889.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Montenegro (USD mn) | 1,835.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Morocco (USD mn) | 33,460.2 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
| Mozambique (USD mn) | 15,777.0 2021 | yearly | 1963 - 2021 |
| Myanmar (USD mn) | 66,719.6 2018 | yearly | 2001 - 2018 |
| Nepal (USD mn) | 40,828.2 2022 | yearly | 2001 - 2022 |
| Netherlands (USD mn) | 272,109.1 Mar 2023 | quarterly | Mar 1988 - Mar 2023 |
| New Zealand (USD mn) | 58,483.4 Dec 2022 | quarterly | Jun 1987 - Dec 2022 |
| Nigeria (USD mn) | 111,302.5 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| Norway (USD mn) | 133,727.8 Dec 2022 | quarterly | Mar 1978 - Dec 2022 |
| Oman (USD mn) | 27,116.8 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
| Pakistan (USD mn) | 341,308.8 2023 | yearly | 2000 - 2023 |
| Palestinian Territory (USD mn) | 4,747.2 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| Panama (USD mn) | 18,056.7 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
| Paraguay (USD mn) | 10,371.6 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Peru (USD mn) | 60,278.3 Mar 2023 | quarterly | Mar 1979 - Mar 2023 |
| Philippines (USD mn) | 112,472.0 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Poland (USD mn) | 188,184.3 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Portugal (USD mn) | 60,609.1 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Qatar (USD mn) | 62,753.6 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Romania (USD mn) | 84,896.6 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Russia (USD mn) | 677,540.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Saudi Arabia (USD mn) | 272,995.3 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
| Serbia (USD mn) | 17,095.0 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Singapore (USD mn) | 120,606.6 Mar 2023 | quarterly | Mar 1975 - Mar 2023 |
| Slovakia (USD mn) | 31,651.0 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Slovenia (USD mn) | 15,628.1 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| South Africa (USD mn) | 98,826.0 Sep 2022 | quarterly | Mar 1960 - Sep 2022 |
| Spain (USD mn) | 377,281.4 Mar 2023 | quarterly | Mar 1970 - Mar 2023 |
| Sri Lanka (USD mn) | 17,949.0 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| Sudan (USD mn) | 30,863.0 2021 | yearly | 1960 - 2021 |
| Sweden (USD mn) | 145,310.7 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Switzerland (USD mn) | 201,987.0 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
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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) | -235.2 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Total Exports (USD mn) | 2,667.2 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Total Exports Growth (%) | -11.4 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
| Aluminum: Exports (USD th) | 207,848.715 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 420,477.909 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 58,535.901 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 3,119.8 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Total Imports Growth (%) | 1.0 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
| Imports: Medicament (USD th) | 498,747.104 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 407,198.177 2023 | yearly | 1995 - 2023 |
| 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 |
| Balance: Goods & Services: BPM6 (USD mn) | -235.178 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Balance: Goods & Services: BPM6: Goods (USD mn) | -452.600 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Exports: Goods & Services: BPM6: Services (USD mn) | 725.430 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Imports: Goods & Services: BPM6: Services (USD mn) | 508.007 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Balance: Goods & Services: BPM6: Services (USD mn) | 217.422 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Imports: Goods & Services: BPM6 (USD mn) | 3,627.807 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Exports: Goods & Services: BPM6 (USD mn) | 3,392.630 Jan 2025 | monthly | Jan 2000 - Jan 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: 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 |
| Export Value Index (2015=100) | 148.600 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 138.228 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 (%) | 10.4 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Non-Performing Loans (USD mn) | 241.284 Jan 2025 | monthly | Dec 2014 - Jan 2025 |
| Money Supply M1 (USD mn) | 8,456.986 Dec 2024 | monthly | Nov 1993 - Dec 2024 |
| Money Supply M2 (USD mn) | 15,543.831 Dec 2024 | monthly | Nov 1993 - Dec 2024 |
| M2 Growth (%) | 28.6 Dec 2024 | monthly | Dec 1990 - Dec 2024 |
| Reserve Requirement Ratio (%) | 20.0 Feb 2025 | monthly | Jul 1998 - Feb 2025 |
| Foreign Exchange Reserves (USD mn) | 3,148.6 Feb 2025 | monthly | Dec 2002 - Feb 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 3.845 Sep 2024 | quarterly | Dec 2009 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.0 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Gold Reserves (USD mn) | 4,905.661 Feb 2025 | monthly | Dec 2002 - Feb 2025 |
| Total Deposits (USD mn) | 21,457.257 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Total Deposits Growth (%) | 18.0 Jan 2025 | monthly | Dec 2003 - Jan 2025 |
| Domestic Credit (USD mn) | 24,603.2 Dec 2024 | monthly | Dec 2006 - Dec 2024 |
| Domestic Credit Growth (%) | 13.8 Dec 2024 | monthly | Dec 2007 - Dec 2024 |
| Household Debt (USD mn) | 7,711.6 Dec 2024 | monthly | Dec 2006 - Dec 2024 |
| Total Loans (USD mn) | 25,362.014 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Total Loans Growth (%) | 17.62 Jan 2025 | monthly | Dec 2003 - Jan 2025 |
| Private Debt: % of Nominal GDP (%) | 20.26 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Money Supply: M3: M2: M1: M0 (BYN mn) | 11,856.302 Dec 2024 | monthly | Dec 2014 - Dec 2024 |
| Money Supply: M3: M2 (BYN mn) | 53,991.497 Dec 2024 | monthly | Dec 2014 - Dec 2024 |
| Money Supply: M3 (BYN mn) | 86,473.937 Jan 2025 | monthly | Dec 2014 - Jan 2025 |
| Money Supply: M3: M2: M1 (BYN mn) | 29,375.341 Dec 2024 | monthly | Dec 2014 - Dec 2024 |
| International Reserve Assets: IMF Methodology: Foreign Currency Reserves (USD mn) | 3,148.470 Feb 2025 | monthly | Dec 2002 - Feb 2025 |
| International Reserve Assets: IMF Methodology (USD mn) | 9,407.209 Feb 2025 | monthly | Dec 2002 - Feb 2025 |
| International Reserve Assets: IMF Methodology: Monetary Gold (USD mn) | 4,905.661 Feb 2025 | monthly | Dec 2002 - Feb 2025 |
| International Reserve Assets: IMF Methodology: Other Assets (USD mn) | 0.100 Feb 2025 | monthly | Dec 2002 - Feb 2025 |
| Banking System Survey: Domestic Claims (BYN mn) | 84,568.317 Jan 2025 | monthly | Dec 2014 - Jan 2025 |
| Banking System Survey: Domestic Claims: Claims on Other Sectors: Other Resident ... (BYN mn) | 26,786.313 Dec 2024 | monthly | Dec 2014 - Dec 2024 |
| Bank Deposits: Natural Persons (BYN mn) | 34,471.000 Jan 2025 | monthly | Dec 2014 - Jan 2025 |
| Bank Deposits (BYN mn) | 73,242.200 Jan 2025 | monthly | Dec 2004 - Jan 2025 |
| Bank Deposits: Private Sector (BYN mn) | 24,145.200 Jan 2025 | monthly | Dec 2014 - Jan 2025 |
| Bank Loans (BYN mn) | 86,570.700 Jan 2025 | monthly | Dec 2014 - Jan 2025 |
| Bank Loans: Natural Persons (BYN mn) | 26,417.600 Jan 2025 | monthly | Dec 2014 - Jan 2025 |
| Bank Loans: Private Sector (BYN mn) | 26,972.200 Jan 2025 | monthly | Dec 2014 - Jan 2025 |
| Bank Loans: Doubtful Debt (BYN mn) | 823.600 Jan 2025 | monthly | Dec 2014 - Jan 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -9.6 Aug 2014 | monthly | Dec 2006 - Aug 2014 |
More Indicators for Belarus
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