by Belarus 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$61.37 billion

↓ 4.72% vs 2019
GDP per Capita

$6,542.86

↓ 4.31% vs 2019
GDP Growth (Annual %)

-0.67%

↓ 2.12pp vs 2019
Inflation Rate (CPI %)

5.55%

↓ 0.05pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $64.41 billion $61.37 billion -4.72%
GDP per Capita $6,837.77 $6,542.86 -4.31%
GDP Growth (Annual %) 1.45% -0.67% -2.12pp
Inflation (CPI %) 5.60% 5.55% -0.05pp
Unemployment Rate (%) 4.17% 4.05% -0.12pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$61.37 billion
GDP per Capita
$6,542.86
GDP Growth (Annual %)
-0.67%
Gross National Income
$58.88 billion
Prices & Employment
Inflation (CPI %)
5.55%
Inflation (GDP Deflator %)
11.88%
Unemployment Rate (%)
4.05%
Interest Rate (Real %)
-2.54%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-0.29%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, Belarus's Gross Domestic Product (GDP) is $61.37 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Belarus for 2020 is $6,542.86. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Belarus for 2020 is 5.55%. This measures the annual percentage change in the cost of consumer goods and services.

Belarus's annual GDP growth rate for 2020 is -0.67%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Belarus for 2020 is 4.05%. This represents the percentage of the labor force that is unemployed and actively seeking employment.