Belarus recorded a Government Budget deficit equal to 0.30 percent of the country's Gross Domestic Product in 2021. Government Budget in Belarus averaged 0.45 percent of GDP from 1998 until 2021, reaching an all time high of 3.80 percent of GDP in 2018 and a record low of -2.60 percent of GDP in 2010. source: Ministry of Economy of the Republic of Belarus

Government Budget in Belarus is expected to reach -2.00 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belarus Government Budget is projected to trend around -2.00 percent of GDP in 2024 and -1.80 percent of GDP in 2025, according to our econometric models.




Related Last Previous Unit Reference
Credit Rating 11.00 Jan 2025
Fiscal Expenditure 8228300.00 4879522.70 BYN Thousand Dec 2023
Government Budget -0.30 -1.30 percent of GDP Dec 2021
Government Budget Value -2159428.50 83335.90 BYN Thousand Dec 2023
Government Debt to GDP 32.80 37.30 percent of GDP Dec 2021
Government Revenues 6068871.50 4962858.60 BYN Thousand Dec 2023
Government Spending 4569.90 4648.80 BYN Million Jun 2024
Holidays
Military Expenditure 1403.10 1105.20 USD Million Dec 2023

Belarus Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-0.30 -1.30 3.80 -2.60 1998 - 2021 percent of GDP Yearly
NSA