Belarus recorded a government debt equivalent to 27.80 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Belarus averaged 13.20 percent from 2000 until 2019, reaching an all time high of 31.80 percent in the third quarter of 2017 and a record low of 1.30 percent in the third quarter of 2007.

Government Debt to GDP in Belarus is expected to be 27.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Debt to GDP in Belarus to stand at 27.50 in 12 months time. In the long-term, the Belarus Government External Debt to GDP is projected to trend around 27.00 percent in 2020, according to our econometric models.

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Belarus Government External Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
27.80 28.70 31.80 1.30 2000 - 2019 percent Quarterly

Belarus Government External Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.

Belarus Government Last Previous Highest Lowest Unit
Government Debt to GDP 27.80 28.70 31.80 1.30 percent [+]
Government Budget 4.00 2.90 4.00 -2.60 percent of GDP [+]
Government Budget Value 64454.80 984719.50 1885464.00 -975561.00 BYN Thousand [+]
Government Spending 2744.20 2727.60 2791.10 2690.20 BYN Million [+]
Government Revenues 2865671.30 4131502.10 4520125.00 134939.50 BYN Thousand [+]
Government Debt 43721837.60 42691644.50 45583869.00 264579.60 BYN Thousand [+]
Fiscal Expenditure 2801216.60 3146782.60 4466619.00 110341.30 BYN Thousand [+]
Military Expenditure 713.00 631.00 718.00 107.00 USD Million [+]
Credit Rating 26.00 [+]