Annual GDP growth in Belarus
Belarus: Annual GDP growth was 4.3% in 2024. ◆ Volatile
Annual GDP growth in Belarus, 1993–2024
Source: International Monetary Fund (2026) – with minor processing by Our World in Data. Measured in %.
Analysis
Belarus recorded 4.3% for annual gdp growth in 2024.
Compared with earlier readings it is up 5.4% on the previous year and up 70.7% over ten years.
Over the whole period, annual gdp growth in Belarus peaked at 11.4% in 2004 and was at its lowest, -11.7%, in 1994.
Belarus ranks 62nd of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Belarus, year by year
| Year | % | Change |
|---|---|---|
| 1993 | -7.6% | — |
| 1994 | -11.7% | +53.9% |
| 1995 | -11.1% | -5.3% |
| 1996 | 2.8% | -125.0% |
| 1997 | 11.4% | +311.9% |
| 1998 | 8.4% | -26.2% |
| 1999 | 3.4% | -60.3% |
| 2000 | 5.8% | +71.7% |
| 2001 | 4.7% | -17.8% |
| 2002 | 5.1% | +6.8% |
| 2003 | 7.1% | +39.4% |
| 2004 | 11.4% | +62.3% |
| 2005 | 9.5% | -17.4% |
| 2006 | 10.0% | +5.7% |
| 2007 | 8.6% | -13.8% |
| 2008 | 10.2% | +18.4% |
| 2009 | 0.2% | -98.3% |
| 2010 | 7.8% | +4487.7% |
| 2011 | 5.2% | -33.4% |
| 2012 | 1.6% | -69.3% |
| 2013 | 0.9% | -42.0% |
| 2014 | 2.5% | +174.3% |
| 2015 | -3.8% | -250.3% |
| 2016 | -2.5% | -34.0% |
| 2017 | 2.5% | -200.2% |
| 2018 | 3.1% | +24.4% |
| 2019 | 1.4% | -54.1% |
| 2020 | -0.7% | -146.5% |
| 2021 | 2.3% | -437.7% |
| 2022 | -4.5% | -298.2% |
| 2023 | 4.1% | -191.6% |
| 2024 | 4.3% | +5.4% |
Belarus compared with similar countries
- Belarus's 4.3% is above the median for upper middle income countries, which is 3.5%, 1.2× the median. (57 countries reporting)
- Belarus's 4.3% is above the median for Europe & Central Asia, which is 2.5%, 1.7× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Annual GDP 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.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +4487.7% | 0.2% | 7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.6% | -11.7% | 11.4% | 7 |
| 2000s | 7.3% | 0.2% | 11.4% | 10 |
| 2010s | 1.9% | -3.8% | 7.8% | 10 |
| 2020s | 1.1% | -4.5% | 4.3% | 5 |
Countries ranked near Belarus
- 59 Philippines 4.4% compare
- 60 Egypt 4.4% compare
- 61 Argentina 4.4% compare
- 62 Panama 4.3% compare
- 64 East Timor 4.3% compare
- 65 Madagascar 4.3% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 175.69 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0019 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 19.34 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.60 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -7.77 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0171 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 176.27 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 62.92 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Belarus?
- Annual gdp growth in Belarus was 4.3% in 2024, according to International Monetary Fund (2026) – with minor processing by Our World in Data.
- What is the highest annual gdp growth recorded in Belarus?
- The highest recorded value was 11.4% in 2004.
- What is the lowest annual gdp growth recorded in Belarus?
- The lowest recorded value was -11.7% in 1994.
- How does Belarus rank for annual gdp growth?
- Belarus ranks 62nd out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Belarus?
- Over the last ten years it is up 70.7%. The long-run trend across the full record is volatile.
- Where does this Belarus data come from?
- The figures come from International Monetary Fund (2026) – with minor processing by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual percent change in gross domestic product. This data is adjusted for inflation.