Belarus recorded a government debt equivalent to 27.80 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Belarus averaged 13.20 percent from 2000 until 2019, 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.

Government Debt to GDP in Belarus is expected to be 27.80 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 27.50 in 12 months time. In the long-term, the Belarus Government External Debt to GDP is projected to trend around 27.00 percent in 2020, according to our econometric models.

Belarus Government External Debt to GDP
Forecast Data Chart
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Belarus Government Last Previous Highest Lowest Unit
Government Debt to GDP 27.80 28.70 31.80 1.30 percent [+]
Government Budget 2.90 1.50 3.00 -2.60 percent of GDP [+]
Government Budget Value 65617.00 1097340.30 1885464.00 -975561.00 BYN Thousand [+]
Government Spending 2727.60 2713.20 2791.10 2690.20 BYN Million [+]
Government Revenues 2968581.70 4240671.80 4520125.00 134939.50 BYN Thousand [+]
Government Debt 43579016.20 42728212.00 45583869.00 264579.60 BYN Thousand [+]
Fiscal Expenditure 2902964.70 3143331.60 4466619.00 110341.30 BYN Thousand [+]
Military Expenditure 713.00 631.00 718.00 107.00 USD Million [+]
Credit Rating 25.00 [+]

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. 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
27.80 28.70 31.80 1.30 2000 - 2019 percent Quarterly

Country Last Previous
Japan 238.20 Dec/18
Italy 134.80 Dec/18
Singapore 112.20 Dec/18
United States 106.10 Dec/18
France 98.40 Dec/18
Spain 97.10 Dec/18
Canada 89.70 Dec/18
Argentina 86.20 Dec/18
Euro Area 85.10 Dec/18
United Kingdom 84.70 Dec/18
Brazil 77.22 Dec/18
India 68.30 Dec/18
Germany 60.90 Dec/18
South Africa 55.80 Dec/18
Netherlands 52.40 Dec/18
China 50.50 Dec/18
Mexico 46.00 Dec/18
Australia 40.70 Dec/18
South Korea 36.60 Dec/18
Turkey 30.40 Dec/18
Indonesia 29.80 Dec/18
Switzerland 27.70 Dec/18
Saudi Arabia 19.10 Dec/18
Russia 13.50 Dec/17