Economic Trivia

State banks account for 75% of the banking sector.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2021): Russia, China, and Ukraine
Top 3 Exported Goods (2021): Items nesoi, Dairy Products, and Wood

Top Industries Source: CIA World Factbook

Metal-Cutting Machine Tools; Tractors; Trucks; Earthmovers

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $202,671,495,340 (2021)
GDP Growth Rate (annual %) 2.3% (2021)
GDP Per Capita, PPP (current international) $21,699 (2021)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 69/197 (2021)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 9.46% (2021)
External debt stocks, total (DOD, current US$) $41,653,683,788 (2021)
Total tax rate (% of commercial profits) 53.3% (2019)
Real Interest Rate (5 year average %) -2.594% (2021)
Manufacturing, value added (% of GDP) 22.861% (2021)
Current Account Balance (BoP, current US$) $2,153,187,590 (2021)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 4,950,458 (2021)
Employment in Agriculture (% of total employment) 10.762% (2020)
Employment in Industry (% of total employment) 30.247% (2020)
Employment in Services (% of total employment) 58.991% (2020)
Unemployment Rate 4.736% (2021)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $45,443,731,043 (2021)
Exports of goods and services (current US$) $49,183,440,343 (2021)
Total Merchandise Trade (% of GDP) 118.977% (2021)
FDI, net inflows (BoP, current US$) $1,225,251,862 (2021)
Commercial Service Exports (current US$) $10,290,729,360 (2021)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Belarus’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank