Belarus recorded a government external debt equivalent to 29.60 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Belarus averaged 12.35 percent from 2000 until 2018, reaching an all time high of 31.90 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 28.20 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 27.80 in 12 months time. In the long-term, the Belarus Government External Debt to GDP is projected to trend around 27.50 percent in 2020, according to our econometric models.