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 (2017): Russia, Ukraine, and China
Top 3 Exported Goods (2017): Oil & Mineral Fuels, Fertilizers , and Motor Vehicles & Parts

Top Industries Source: CIA World Factbook

Metal-Cutting Machine Tools; Tractors; Trucks; Earthmovers

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $189,323,967,130 (2018)
GDP Growth Rate (annual %) 3.05% (2018)
GDP Per Capita, PPP (current international) $19,960 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 70/196 (2018)

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 %) 4.872% (2018)
External debt stocks, total (DOD, current US$) $38,843,663,257 (2018)
Total tax rate (% of commercial profits) 53.3% (2018)
Real Interest Rate (5 year average %) -2.565% (2018)
Manufacturing, value added (% of GDP) 21.468% (2018)
Current Account Balance (BoP, current US$) ($265,600,000) (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 5,021,621 (2018)
Employment in Agriculture (% of total employment) 10.589% (2018)
Employment in Industry (% of total employment) 30.756% (2018)
Employment in Services (% of total employment) 58.655% (2018)
Unemployment Rate 5.708% (2018)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $41,253,091,873 (2018)
Exports of goods and services (current US$) $41,882,705,143 (2018)
Total Merchandise Trade (% of GDP) 120.858% (2018)
FDI, net inflows (BoP, current US$) $1,474,900,000 (2018)
Commercial Service Exports (current US$) $8,699,600,000 (2018)
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

Sources

  1. The World Bank