Gross Domestic Product — Value Standard Local Currency, annual growth in Belarus

Belarus: Gross Domestic Product — Value Standard Local Currency, annual growth was 13.13 % change on previous year in 2024. ◆ Volatile

Latest (2024)
13.13 % change on previous year
Change on year
up 13.8%
World rank
45th
of 218 countries
All-time high
965.76 % change on previous year
in 1993
All-time low
5.6 % change on previous year
in 2016
Years of data
32
1992–2024

Gross Domestic Product — Value Standard Local Currency, annual growth in Belarus, 1992–2024

02004006008001.0k1992200820241992: 962 % change on previous year1993: 965.8 % change on previous year1995: 582.3 % change on previous year1996: 58 % change on previous year1997: 91.2 % change on previous year1998: 91.4 % change on previous year1999: 331 % change on previous year2000: 201.8 % change on previous year2001: 88 % change on previous year2002: 52.2 % change on previous year2003: 39.9 % change on previous year2004: 36.7 % change on previous year2005: 30.2 % change on previous year2006: 21.8 % change on previous year2007: 22.6 % change on previous year2008: 33.6 % change on previous year2009: 5.9 % change on previous year2010: 20 % change on previous year2011: 80.2 % change on previous year2012: 78.2 % change on previous year2013: 22.5 % change on previous year2014: 20.1 % change on previous year2015: 11.6 % change on previous year2016: 5.6 % change on previous year2017: 11.4 % change on previous year2018: 15.7 % change on previous year2019: 10.1 % change on previous year2020: 11.1 % change on previous year2021: 18.1 % change on previous year2022: 9.5 % change on previous year2023: 11.5 % change on previous year2024: 13.1 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross domestic product — value standard local currency, annual growth in Belarus is 13.13 % change on previous year, measured in 2024.

The figure is up 13.8% on the previous year and down 34.8% over ten years.

Over the whole period, gross domestic product — value standard local currency, annual growth in Belarus peaked at 965.76 % change on previous year in 1993 and was at its lowest, 5.6 % change on previous year, in 2016.

That places Belarus 45th out of 218 countries with data for 2024, putting it in the top quarter.

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

Gross Domestic Product — Value Standard Local Currency, annual growth in Belarus, year by year

Annual values for Gross Domestic Product — Value Standard Local Currency, annual growth rate in Belarus, 1992 to 2024.
Year % change on previous year Change
1992 962 % change on previous year
1993 965.76 % change on previous year +0.4%
1995 582.3 % change on previous year -39.7%
1996 58.02 % change on previous year -90.0%
1997 91.22 % change on previous year +57.2%
1998 91.41 % change on previous year +0.2%
1999 330.96 % change on previous year +262.1%
2000 201.84 % change on previous year -39.0%
2001 88.02 % change on previous year -56.4%
2002 52.2 % change on previous year -40.7%
2003 39.89 % change on previous year -23.6%
2004 36.72 % change on previous year -7.9%
2005 30.16 % change on previous year -17.9%
2006 21.82 % change on previous year -27.6%
2007 22.58 % change on previous year +3.5%
2008 33.58 % change on previous year +48.7%
2009 5.9 % change on previous year -82.4%
2010 19.97 % change on previous year +238.8%
2011 80.24 % change on previous year +301.8%
2012 78.23 % change on previous year -2.5%
2013 22.47 % change on previous year -71.3%
2014 20.14 % change on previous year -10.4%
2015 11.58 % change on previous year -42.5%
2016 5.6 % change on previous year -51.6%
2017 11.37 % change on previous year +102.9%
2018 15.67 % change on previous year +37.8%
2019 10.15 % change on previous year -35.2%
2020 11.12 % change on previous year +9.6%
2021 18.14 % change on previous year +63.0%
2022 9.53 % change on previous year -47.4%
2023 11.54 % change on previous year +21.1%
2024 13.13 % change on previous year +13.8%

Biggest year-on-year movements

Years where Gross Domestic Product — Value Standard Local Currency, annual growth 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.

YearChange FromTo
2011 +301.8% 19.97 % change on previous year 80.24 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 440.24 % change on previous year 58.02 % change on previous year 965.76 % change on previous year 7
2000s 53.27 % change on previous year 5.9 % change on previous year 201.84 % change on previous year 10
2010s 27.54 % change on previous year 5.6 % change on previous year 80.24 % change on previous year 10
2020s 12.69 % change on previous year 9.53 % change on previous year 18.14 % change on previous year 5

Countries ranked near Belarus

  1. 42 Mongolia 13.51 % change on previous year compare
  2. 43 Guinea 13.44 % change on previous year compare
  3. 44 Kazakhstan 13.24 % change on previous year compare
  4. 46 Rwanda 12.99 % change on previous year compare
  5. 47 Papua New Guinea 12.37 % change on previous year compare
  6. 48 Madagascar 12.15 % change on previous year compare

See the full ranking of 218 places →

More economy & growth data for Belarus

All data for Belarus →

Frequently asked questions

What is gross domestic product — value standard local currency, annual growth in Belarus?
Gross domestic product — value standard local currency, annual growth in Belarus was 13.13 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value standard local currency, annual growth recorded in Belarus?
The highest recorded value was 965.76 % change on previous year in 1993.
What is the lowest gross domestic product — value standard local currency, annual growth recorded in Belarus?
The lowest recorded value was 5.6 % change on previous year in 2016.
How does Belarus rank for gross domestic product — value standard local currency, annual growth?
Belarus ranks 45th out of 218 countries with data for 2024.
Is gross domestic product — value standard local currency, annual growth rising or falling in Belarus?
Over the last ten years it is down 34.8%. The long-run trend across the full record is volatile.
Where does this Belarus data come from?
The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value Standard Local Currency, annual growth in Belarus. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-annual-growth-rate/belarus/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Domestic Product — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
218 places, 10,731 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.