Belarus recorded a Government Budget surplus equal to 1.30 percent of the country's Gross Domestic Product in 2024. Government Budget in Belarus averaged 0.47 percent of GDP from 1998 until 2024, reaching an all time high of 4.00 percent of GDP in 2018 and a record low of -2.60 percent of GDP in 2010. source: Ministry of Economy of the Republic of Belarus
Government Budget in Belarus is expected to reach -1.80 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations.
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
1.30 |
1.20 |
4.00 |
-2.60 |
1998 - 2024 |
percent of GDP |
Yearly |
NSA
|