Belarus: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Belarus

Fiscal balance, percent of GDP

 Latest value -3.95
 Year 2022
 Measure percent
 Data availability 2001 - 2022
 Average -3.87
 Min - Max -10.91 - 1.81
 Source International Monetary Fund (IMF)
For that indicator, we provide data for Belarus from 2001 to 2022. The average value for Belarus during that period was -3.87 percent with a minimum of -10.91 percent in 2008 and a maximum of 1.81 percent in 2018. The latest value from 2022 is -3.95 percent. For comparison, the world average in 2022 based on 148 countries is -2.67 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Belarus - Fiscal balance, percent of GDP - recent values

Historical chart
Belarus - Fiscal balance, percent of GDP - historical chart - 2001-2022




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 17.10 2022 percent
 Government spending, in dollars 12.45 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -3.95 2022 percent
 Government debt 41.30 2022 percent
 Government expenditure 9.16 Q3/2023 billion
 Tax revenue 12.83 2021 percent
 Commercial tax rate 53.30 2019 percent
 Tax preparation time 170 2019 hours
 Number of taxes 7 2019 taxes
 Taxes on goods and services 30.58 2021 percent
 Taxes on international trade 10.07 2021 percent
 Income and profits taxes 3.45 2021 percent
 Foreign aid -259.69 2021 million U.S. dollars
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