by Belarus 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$71.86 billion

↓ 2.60% vs 2022
GDP per Capita

$7,829.05

↓ 2.07% vs 2022
GDP Growth (Annual %)

3.89%

↑ 8.54pp vs 2022
Inflation Rate (CPI %)

5.00%

↓ 10.21pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $73.78 billion $71.86 billion -2.60%
GDP per Capita $7,994.65 $7,829.05 -2.07%
GDP Growth (Annual %) -4.66% 3.89% +8.54pp
Inflation (CPI %) 15.21% 5.00% -10.21pp
Unemployment Rate (%) 3.57% 3.46% -0.11pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$71.86 billion
GDP per Capita
$7,829.05
GDP Growth (Annual %)
3.89%
Gross National Income
$69.35 billion
Prices & Employment
Inflation (CPI %)
5.00%
Inflation (GDP Deflator %)
7.37%
Unemployment Rate (%)
3.46%
Interest Rate (Real %)
2.42%
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)
-1.54%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Belarus's Gross Domestic Product (GDP) is $71.86 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Belarus for 2023 is $7,829.05. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Belarus for 2023 is 5.00%. This measures the annual percentage change in the cost of consumer goods and services.

Belarus's annual GDP growth rate for 2023 is 3.89%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Belarus for 2023 is 3.46%. This represents the percentage of the labor force that is unemployed and actively seeking employment.