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Belarus Trade (% GDP)

Belarus' trade (% GDP) rose to 131.92% in 2024, up from 131.58% in 2023, according to World Bank. This represents an increase of 0.34% from the previous year. Belarus has trade (% GDP) higher than the global median (131.92% vs median 84.49%). Compared with the median in Europe, Belarus is higher (131.92% vs regional median 111.00%) and ranks 15th out of 44 countries in Europe.

Yearly Historical Data (1990-2024)

(in %)
Year Trade (% GDP)
2024 131.92%
2023 131.58%
2022 120.02%
2021 136.01%
2020 118.93%
2019 130.85%
2018 139.39%
2017 133.37%
2016 125.21%
2015 115.91%
2014 110.65%
2013 119.82%
2012 153.09%
2011 157.97%
2010 115.92%
2009 108.64%
2008 129.6%
2007 128.15%
2006 124.3%
2005 118.88%
2004 142.14%
2003 134.14%
2002 131%
2001 137.04%
2000 141.61%
1999 120.84%
1998 122.96%
1997 125.52%
1996 96.77%
1995 103.72%
1994 155.38%
1993 150.96%
1992 117.39%
1991 66.67%
1990 89.61%
Belarus Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Belarus divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $39.89B $29.18B 2021
Annual Imports $41.81B $32.77B 2021
Exports (% GDP) 65.06% 66.03% 2024
FDI Inflows (% GDP) 2.27% 2.75% 2024
Imports (% GDP) 66.85% 65.56% 2024
Net Trade (Goods & Services, BoP) -$1.29B $254.67M 2024
Tariff Rate 5.65% 5.15% 2021