External balance on goods and services as a percent of GDP in Belarus

Belarus: External balance on goods and services as a percent of GDP was -1.9% in 2025. ◆ Volatile

Latest (2025)
-1.9%
Change on year
down 0.8%
World rank
92nd
of 191 countries
All-time high
6.1%
in 2022
All-time low
-15.7%
in 1993
Years of data
36
1990–2025

External balance on goods and services as a percent of GDP in Belarus, 1990–2025

-15-10-5051990200720251990: 2.3 % of GDP1991: 0 % of GDP1992: 2.2 % of GDP1993: -15.7 % of GDP1994: -12.8 % of GDP1995: -4.4 % of GDP1996: -4.1 % of GDP1997: -5.8 % of GDP1998: -4.9 % of GDP1999: -2.4 % of GDP2000: -3.2 % of GDP2001: -3.5 % of GDP2002: -3.7 % of GDP2003: -3.8 % of GDP2004: -6.4 % of GDP2005: 0.711 % of GDP2006: -4.2 % of GDP2007: -6.3 % of GDP2008: -7.7 % of GDP2009: -10.9 % of GDP2010: -13.2 % of GDP2011: -1 % of GDP2012: 4.5 % of GDP2013: -3.1 % of GDP2014: -0.769 % of GDP2015: 0.107 % of GDP2016: -0.191 % of GDP2017: 0.211 % of GDP2018: 1.5 % of GDP2019: -0.661 % of GDP2020: 3.1 % of GDP2021: 5.6 % of GDP2022: 6.1 % of GDP2023: 0.469 % of GDP2024: -1.9 % of GDP2025: -1.9 % of GDP

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for external balance on goods and services as a percent of gdp in Belarus is -1.9%, measured in 2025.

The figure is down 0.8% on the previous year and down 1,924.1% over ten years.

Over the whole period, external balance on goods and services as a percent of gdp in Belarus peaked at 6.1% in 2022 and was at its lowest, -15.7%, in 1993.

That places Belarus 92nd out of 191 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

External balance on goods and services as a percent of GDP in Belarus, year by year

Annual values for External balance on goods and services as a percent of GDP in Belarus, 1990 to 2025.
Year % of GDP Change
1990 2.3%
1991 0.0% -100.0%
1992 2.2%
1993 -15.7% -823.9%
1994 -12.8% -18.4%
1995 -4.4% -65.8%
1996 -4.1% -7.1%
1997 -5.8% +42.2%
1998 -4.9% -16.2%
1999 -2.4% -50.0%
2000 -3.2% +31.3%
2001 -3.5% +11.4%
2002 -3.7% +5.6%
2003 -3.8% +2.2%
2004 -6.4% +66.2%
2005 0.7% -111.2%
2006 -4.2% -686.6%
2007 -6.3% +50.2%
2008 -7.7% +23.2%
2009 -10.9% +40.9%
2010 -13.2% +21.0%
2011 -1.0% -92.1%
2012 4.5% -528.2%
2013 -3.1% -170.5%
2014 -0.8% -75.6%
2015 0.1% -113.9%
2016 -0.2% -278.6%
2017 0.2% -210.9%
2018 1.5% +617.1%
2019 -0.7% -143.6%
2020 3.1% -567.3%
2021 5.6% +82.8%
2022 6.1% +7.6%
2023 0.5% -92.3%
2024 -1.9% -511.8%
2025 -1.9% +0.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s -4.6% -15.7% 2.3% 10
2000s -4.9% -10.9% 0.7% 10
2010s -1.3% -13.2% 4.5% 10
2020s 1.9% -1.9% 6.1% 6

Countries ranked near Belarus

  1. 89 New Zealand -1.3% compare
  2. 90 United Kingdom of Great Britain and Northern Ireland -1.3% compare
  3. 91 India -1.7% compare
  4. 93 Belgium -2.0% compare
  5. 94 Paraguay -2.1% compare
  6. 95 Iceland -2.3% compare

See the full ranking of 191 places →

More economy & growth data for Belarus

All data for Belarus →

Frequently asked questions

What is external balance on goods and services as a percent of gdp in Belarus?
External balance on goods and services as a percent of gdp in Belarus was -1.9% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest external balance on goods and services as a percent of gdp recorded in Belarus?
The highest recorded value was 6.1% in 2022.
What is the lowest external balance on goods and services as a percent of gdp recorded in Belarus?
The lowest recorded value was -15.7% in 1993.
How does Belarus rank for external balance on goods and services as a percent of gdp?
Belarus ranks 92nd out of 191 countries with data for 2025.
Is external balance on goods and services as a percent of gdp rising or falling in Belarus?
Over the last ten years it is down 1,924.1%. The long-run trend across the full record is volatile.
Where does this Belarus data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.

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External balance on goods and services as a percent of GDP in Belarus. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 08 September 2026, from https://economy.statizoid.com/stat/external-balance-on-goods-and-services-as-a-percent-of-gdp/belarus/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.