Inflation, GDP deflator (annual %) in Belarus
Belarus: Inflation, GDP deflator was 10.9% in 2025. ◆ Volatile
Inflation, GDP deflator in Belarus, 1991–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator in Belarus is 10.9%, measured in 2025.
The figure is down 10.3% on the previous year and down 31.9% over ten years.
Over the whole period, inflation, gdp deflator in Belarus peaked at 1,945.8% in 1994 and was at its lowest, 8.0%, in 2023.
That places Belarus 30th out of 214 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Belarus, year by year
| Year | annual % | Change |
|---|---|---|
| 1991 | 110.4% | — |
| 1992 | 1,030.8% | +833.9% |
| 1993 | 1,058.7% | +2.7% |
| 1994 | 1,945.8% | +83.8% |
| 1995 | 661.5% | -66.0% |
| 1996 | 53.7% | -91.9% |
| 1997 | 71.6% | +33.4% |
| 1998 | 76.6% | +6.9% |
| 1999 | 316.8% | +313.7% |
| 2000 | 185.3% | -41.5% |
| 2001 | 79.5% | -57.1% |
| 2002 | 44.9% | -43.6% |
| 2003 | 30.7% | -31.6% |
| 2004 | 22.7% | -26.1% |
| 2005 | 19.0% | -16.3% |
| 2006 | 10.7% | -43.3% |
| 2007 | 12.9% | +19.8% |
| 2008 | 21.2% | +64.8% |
| 2009 | 9.3% | -56.4% |
| 2010 | 11.3% | +22.5% |
| 2011 | 70.8% | +524.0% |
| 2012 | 75.2% | +6.3% |
| 2013 | 21.3% | -71.7% |
| 2014 | 18.2% | -14.4% |
| 2015 | 16.0% | -11.9% |
| 2016 | 8.3% | -47.9% |
| 2017 | 8.6% | +3.4% |
| 2018 | 12.1% | +40.8% |
| 2019 | 8.6% | -29.3% |
| 2020 | 11.9% | +38.5% |
| 2021 | 15.3% | +29.0% |
| 2022 | 14.9% | -2.9% |
| 2023 | 8.0% | -45.9% |
| 2024 | 12.2% | +51.2% |
| 2025 | 10.9% | -10.3% |
Belarus compared with similar countries
- Belarus's 10.9% is above the median for upper middle income countries, which is 3.3%, 3.3× the median. (59 countries reporting)
- Belarus's 10.9% is above the median for Europe & Central Asia, which is 3.5%, 3.1× the median. (56 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator 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 |
|---|---|---|---|
| 1992 | +833.9% | 110.4% | 1,030.8% |
| 2011 | +524.0% | 11.3% | 70.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 591.8% | 53.7% | 1,945.8% | 9 |
| 2000s | 43.6% | 9.3% | 185.3% | 10 |
| 2010s | 25.1% | 8.3% | 75.2% | 10 |
| 2020s | 12.2% | 8.0% | 15.3% | 6 |
Countries ranked near Belarus
- 27 Kyrgyzstan 12.4% compare
- 28 Sao Tome and Principe 11.9% compare
- 29 Uzbekistan 11.9% compare
- 31 Kazakhstan 9.6% compare
- 32 Burkina Faso 8.8% compare
- 33 Madagascar 8.4% compare
More economy & growth data for Belarus
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.01 units per US$ of GDP (2025)
Frequently asked questions
- What is inflation, gdp deflator in Belarus?
- Inflation, gdp deflator in Belarus was 10.9% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Belarus?
- The highest recorded value was 1,945.8% in 1994.
- What is the lowest inflation, gdp deflator recorded in Belarus?
- The lowest recorded value was 8.0% in 2023.
- How does Belarus rank for inflation, gdp deflator?
- Belarus ranks 30th out of 214 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Belarus?
- Over the last ten years it is down 31.9%. The long-run trend across the full record is volatile.
- Where does this Belarus data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.