Belarus recorded a government debt equivalent to 26.50 percent of the country's Gross Domestic Product in 2020.

Government Debt to GDP in Belarus averaged 13.72 percent from 2000 until 2020, 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. This page provides - Belarus Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belarus Government External Debt to GDP - values, historical data and charts - was last updated on October of 2020.

Government Debt to GDP in Belarus is expected to be 28.00 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 30.00 in 12 months time. In the long-term, the Belarus Government External Debt to GDP is projected to trend around 30.00 percent in 2021 and 32.00 percent in 2022, according to our econometric models.

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Belarus Government External Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
26.50 27.10 31.80 1.30 2000 - 2020 percent Quarterly

Belarus Government Last Previous Highest Lowest Unit
Government Debt to GDP 26.50 27.10 31.80 1.30 percent [+]
Government Budget 4.00 2.90 4.00 -2.60 percent of GDP [+]
Government Budget Value -62775.90 374211.20 1885464.00 -1714213.10 BYN Thousand [+]
Government Spending 2692.50 2737.30 2791.10 2690.20 BYN Million [+]
Government Revenues 2887075.60 3875821.80 4520125.00 134939.50 BYN Thousand [+]
Government Debt 57812597.40 53123188.90 57812597.40 264579.60 BYN Thousand [+]
Fiscal Expenditure 2949851.50 3501610.60 4672329.50 110341.30 BYN Thousand [+]
Military Expenditure 713.00 631.00 718.00 107.00 USD Million [+]
Credit Rating 28.00 [+]


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.