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CompareEconomy.com Comparison of world economies

Belarus

World Rank 154 1.33 Belarus flag svg
Capital
Area
Currency
Minsk
207,595 km 2
Belarusian ruble (BYN)

Table of Contents

Introduction

The Republic of Belarus is a landlocked country located in Eastern Europe. Its neighbours are Russia, Ukraine, Poland, Lithuania, and Latvia. In terms of land, their coverage is approximately at 207,600 square kilometers. As a result, it gives them 13th place in terms of land coverage in Europe.

Economy

Belarusian economy is not as great as in the case of other European nations. It is all due to the difficult history of the country. In 2019, GDP of Belarus was $189 billion. Although it seems like a lot, we need to remember about the fact that the nation governed by Alexander Lukashenko is quite populous. As a result, the GDP per capita (PPP) is around $20,000.

Unfortunately, such numbers are very low in Europe. For example, Europe’s average GDP per capita is $20,000. Interestingly, this value is one of the lowest when compared to all neighbours of Belarus (excluding Ukraine, which has the GDP per value of around $13,000.

Population

In terms of population, Belarus is ranked 14th in Europe (After Hungary and behind Austria) with the approximate number of citizens of around 9.5 million citizens. However, due to large land coverage, there are only 46 Belarusians per square kilometer.

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

  • Last
  • Historical chart
#71 (2021)
68,205,380,706 US$

List of countries by GDP

(United States of America (USA))

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

International trade (Export, Import)

External balance on goods and services

  • Last
  • Historical chart
#38 (2021)
3,739,709,300 US$

List of countries by external balance on goods and services

(China)

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

  • Last
  • Historical chart
#135 (2021)
3.90 %

List of countries by unemployment

(South Africa)

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)