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Belarus Real GDP

Belarus' real GDP rose to $62.03 billion in 2024, up from $59.64 billion in 2023, according to World Bank. This represents an increase of 4% ($2.39 billion) from the previous year and accounts for 0.06% of the world's total real GDP. Belarus has real GDP higher than the global median ($62.03 billion vs median $29.34 billion). Compared with the median in Europe, Belarus is lower ($62.03 billion vs regional median $78.54 billion) and ranks 28th out of 47 countries in Europe.

Belarus' GDP per capita rose to $6,791.33 in 2024, up from $6,497.78 in 2023.

Yearly Historical Data (1990-2024)

(in Billion USD)
Year Real GDP (Billion USD)
2024 62.03
2023 59.64
2022 57.28
2021 60.07
2020 58.64
2019 59.04
2018 58.2
2017 56.42
2016 55.03
2015 56.45
2014 58.7
2013 57.75
2012 57.18
2011 56.22
2010 53.26
2009 49.43
2008 49.33
2007 44.77
2006 41.22
2005 37.47
2004 34.25
2003 30.73
2002 28.71
2001 27.33
2000 26.1
1999 24.67
1998 23.86
1997 22.01
1996 19.76
1995 19.22
1994 21.45
1993 24.29
1992 26.29
1991 29.08
1990 29.44
Belarus Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Belarus, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $75.96B $72.48B 2024
GDP Annual Growth Rate 4.01% 4.13% 2024
GDP per Capita $6,791.33 $6,497.78 2024
GDP per Capita PPP $29,037.53 $27,782.44 2024
R&D Expenditure (% GDP) 0.58% 0.47% 2023