Current account balance as a proportion of GDP (%) in Belarus
Belarus: Current account balance as a proportion of GDP (%) was -2.6% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Belarus, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in Belarus is -2.6%, measured in 2024.
Compared with earlier readings it is down 81.9% on the previous year and up 61.4% over ten years.
Over the whole period, current account balance as a proportion of gdp in Belarus peaked at 3.6% in 2022 and was at its lowest, -14.5%, in 2010.
That places Belarus 126th out of 205 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Belarus, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -3.6% | — |
| 2001 | -4.3% | +18.7% |
| 2002 | -2.2% | -47.9% |
| 2003 | -2.6% | +14.7% |
| 2004 | -5.2% | +101.3% |
| 2005 | 1.5% | -129.5% |
| 2006 | -3.8% | -347.4% |
| 2007 | -6.7% | +77.2% |
| 2008 | -8.2% | +22.7% |
| 2009 | -12.1% | +47.7% |
| 2010 | -14.5% | +20.0% |
| 2011 | -8.2% | -43.5% |
| 2012 | -2.8% | -65.3% |
| 2013 | -10.0% | +253.4% |
| 2014 | -6.6% | -33.8% |
| 2015 | -3.2% | -51.1% |
| 2016 | -3.4% | +4.1% |
| 2017 | -1.7% | -48.5% |
| 2018 | 0.0% | -102.2% |
| 2019 | -1.9% | -5170.3% |
| 2020 | -0.3% | -85.0% |
| 2021 | 3.1% | -1155.2% |
| 2022 | 3.6% | +16.1% |
| 2023 | -1.4% | -139.5% |
| 2024 | -2.6% | +81.9% |
Belarus compared with similar countries
- Belarus's -2.6% is below the median for upper middle income countries, which is -2.1%, 1.2× the median. (53 countries reporting)
- Belarus's -2.6% is below the median for Europe & Central Asia, which is -0.7%, 3.6× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in Belarus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | -5170.3% | 0.0% | -1.9% |
| 2021 | +1155.2% | -0.3% | 3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.7% | -12.1% | 1.5% | 10 |
| 2010s | -5.2% | -14.5% | 0.0% | 10 |
| 2020s | 0.5% | -2.6% | 3.6% | 5 |
Countries ranked near Belarus
- 123 Albania -2.4% compare
- 124 Saint Lucia -2.5% compare
- 125 Ethiopia -2.5% compare
- 127 Bolivia (Plurinational State of) -2.6% compare
- 128 Iceland -2.6% compare
- 129 Kazakhstan -2.7% compare
More economy & growth data for Belarus
- Real gdp growth, annual growth rate 5.4 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.07 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.03 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0151 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 154.85 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0156 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.011 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 113.07 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Belarus?
- Current account balance as a proportion of gdp in Belarus was -2.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Belarus?
- The highest recorded value was 3.6% in 2022.
- What is the lowest current account balance as a proportion of gdp recorded in Belarus?
- The lowest recorded value was -14.5% in 2010.
- How does Belarus rank for current account balance as a proportion of gdp?
- Belarus ranks 126th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Belarus?
- Over the last ten years it is up 61.4%. The long-run trend across the full record is volatile.
- Where does this Belarus data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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