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Economy of Belarus vs Brazil compared: GDP & Debt

Updated on by Georank

Belarus has a GDP of $93.4B compared to $2.28T for Brazil, ranking 80/197 and 11/197 by economy size, respectively.

Belarus has $30.9B in government debt (33.1% of GDP), compared to $2.13T (93.3% of GDP) in Brazil.

Belarus vs Brazil GDP by year

Belarus
Brazil
1x
Year GDP, current $
Belarus Brazil
2025 $93,397,215,864 $2,279,920,092,492
2024 $78,591,839,300 $2,185,821,610,689
2023 $72,478,760,370 $2,191,131,765,685
2022 $73,775,179,925 $1,951,923,942,083
2021 $69,673,747,132 $1,670,647,398,905
2020 $61,371,673,345 $1,476,107,231,310
2019 $64,410,170,653 $1,873,288,205,060
2018 $60,031,026,576 $1,916,933,898,011
2017 $54,725,405,751 $2,063,514,977,366
2016 $47,723,545,321 $1,795,693,482,853
2015 $56,454,769,845 $1,802,212,206,815
2014 $78,813,069,121 $2,456,043,727,199
2013 $75,527,558,966 $2,472,819,535,557
2012 $65,685,890,439 $2,465,227,802,807
2011 $61,762,382,328 $2,616,156,223,918
2010 $57,231,904,543 $2,208,837,745,101
2009 $50,873,167,326 $1,666,996,438,581
2008 $60,752,106,347 $1,695,855,083,498
2007 $45,275,711,996 $1,397,114,486,369
2006 $36,961,894,281 $1,107,626,541,435
2005 $30,210,091,837 $891,633,839,894
2004 $23,141,566,293 $669,289,424,806
2003 $17,825,444,724 $558,233,745,652
2002 $14,594,900,945 $509,795,273,807
2001 $12,354,820,144 $559,983,634,799
2000 $12,736,856,828 $655,448,231,984
1999 $12,138,486,532 $599,642,024,320
1998 $15,222,012,660 $863,710,759,256
1997 $14,128,408,566 $883,206,179,730
1996 $14,500,437,520 $850,426,432,992
1995 $13,972,683,274 $769,333,050,987
1994 $14,931,435,232 $525,369,467,296
1993 $16,275,073,527 $368,292,034,381
1992 $16,939,790,094 $328,191,909,882
1991 $18,404,907,975 $342,534,090,909
1990 $17,389,558,233 $384,959,818,182
1989 - $412,990,820,287
1988 - $307,881,930,752
1987 - $283,056,836,894
1986 - $256,480,852,471
1985 - $210,879,844,639
1984 - $188,339,974,087
1983 - $189,656,506,321
1982 - $271,314,113,768
1981 - $258,015,174,749
1980 - $237,393,489,893
1979 - $221,338,204,480
1978 - $200,278,646,124
1977 - $176,344,101,402
1976 - $153,168,949,208
1975 - $129,203,555,239
1974 - $109,794,519,728
1973 - $83,592,275,863
1972 - $58,434,858,375
1971 - $48,869,830,902
1970 - $42,327,664,794
1969 - $37,171,640,819
1968 - $33,930,457,425
1967 - $31,086,389,195
1966 - $28,283,323,733
1965 - $22,465,522,884
1964 - $20,963,733,695
1963 - $23,287,712,878
1962 - $19,231,747,852
1961 - $17,275,940,449
1960 - $17,030,465,539

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/belarus/brazil | CC BY

GDP per capita in Belarus vs Brazil by year

Belarus
GDP per capita

GDP per capita, PPP
Brazil
GDP per capita

GDP per capita, PPP
1x
Year Current $
Belarus Brazil
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,279 - $10,713 -
2024 $8,606 $33,010 $10,311 $22,338
2023 $7,897 $30,834 $10,378 $21,176
2022 $7,995 $28,429 $9,281 $19,877
2021 $7,490 $27,611 $7,973 $18,076
2020 $6,543 $24,872 $7,074 $16,102
2019 $6,838 $22,302 $9,030 $16,070
2018 $6,360 $20,026 $9,301 $15,464
2017 $5,786 $18,414 $10,081 $14,559
2016 $5,040 $17,832 $8,836 $14,309
2015 $5,967 $18,134 $8,936 $14,821
2014 $8,341 $19,038 $12,275 $15,827
2013 $7,998 $19,014 $12,459 $15,722
2012 $6,953 $18,115 $12,522 $15,198
2011 $6,528 $16,563 $13,397 $15,212
2010 $6,035 $15,339 $11,403 $14,452
2009 $5,352 $14,034 $8,679 $13,391
2008 $6,376 $13,886 $8,908 $13,445
2007 $4,735 $12,320 $7,410 $12,673
2006 $3,848 $10,995 $5,934 $11,751
2005 $3,126 $9,637 $4,828 $11,081
2004 $2,378 $8,483 $3,664 $10,526
2003 $1,820 $7,362 $3,091 $9,802
2002 $1,479 $6,697 $2,856 $9,617
2001 $1,244 $6,238 $3,176 $9,304
2000 $1,276 $5,796 $3,767 $9,092
1999 $1,211 $5,331 $3,494 $8,635
1998 $1,511 $5,061 $5,106 $8,599
1997 $1,396 $4,596 $5,299 $8,602
1996 $1,427 $4,039 $5,179 $8,301
1995 $1,371 $3,846 $4,757 $8,097
1994 $1,460 $4,190 $3,299 $7,727
1993 $1,590 $4,641 $2,349 $7,260
1992 $1,658 $4,917 $2,127 $6,869
1991 $1,805 $5,330 $2,258 $6,867
1990 $1,707 $5,220 $2,581 $6,688
1989 - - $2,819 -
1988 - - $2,141 -
1987 - - $2,006 -
1986 - - $1,854 -
1985 - - $1,556 -
1984 - - $1,420 -
1983 - - $1,461 -
1982 - - $2,138 -
1981 - - $2,080 -
1980 - - $1,959 -
1979 - - $1,870 -
1978 - - $1,733 -
1977 - - $1,562 -
1976 - - $1,390 -
1975 - - $1,201 -
1974 - - $1,045 -
1973 - - $815 -
1972 - - $583 -
1971 - - $500 -
1970 - - $444 -
1969 - - $399 -
1968 - - $374 -
1967 - - $351 -
1966 - - $328 -
1965 - - $268 -
1964 - - $257.3 -
1963 - - $294.2 -
1962 - - $250.2 -
1961 - - $231.6 -
1960 - - $235.3 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/belarus/brazil | CC BY

Belarus' GDP per capita is $10,279, ranking 88/197, compared to $10,713 in Brazil, ranking 85/197. Adjusted for purchasing power (GDP per capita PPP), Belarus ranks 68th at $33,010, while Brazil ranks 88th at $22,338.

Economic indicators

Belarus Brazil
Gross domestic product
$93.4B
2025
$2.28T
2025
GDP rank
80/197
2025
11/197
2025
GDP growth
1.3%
2024-2025
2.29%
2024-2025
GDP per capita
$10,279
2025
$10,713
2025
GDP per capita rank
88/197
2025
85/197
2025
GDP per capita, PPP
$33,010
2024
$22,338
2024
GDP per capita PPP rank
68/197
2024
88/197
2024
Government debt
$30.9B
2025
$2.13T
2025
Debt-to-GDP ratio
33.1%
2025
93.3%
2025
Government debt per person
$3,399
2025
$9,999
2025
Government debt per person rank
98/185
2025
60/185
2025
Average annual personal income after taxes
$8,062
2026
$6,555
2026
Market capitalization of domestic companies
$5.54B
2025
$871B
2025
Number of millionaires n/a
386,000
2026
Number of billionaires n/a
70
2026
Income share by richest 10%
20.7%
2020
39.3%
2024
Income share by poorest 10%
4.5%
2020
1.3%
2024
Government expenditure, % of GDP
41.3%
2025
47.4%
2025
Consumer prices inflation
6.6%
2024-2025
5%
2024-2025
Central bank interest rate
9.25%
2026
14.5%
2026
Unemployment rate
3.04%
2024
5.83%
2025
Population
9025821
213964342

Spending and national debt comparison by year

Belarus
Spending

Debt
Brazil
Spending

Debt
1x
Year % of GDP
Belarus Brazil
Government spending Government debt Government spending Government debt
2025 41.3% 33.1% 47.4% 93.3%
2024 40.8% 38.7% 45.5% 87%
2023 40.3% 40.7% 45.3% 84%
2022 38% 40.8% 43.4% 83.9%
2021 36.7% 41.2% 40.4% 88.9%
2020 38% 47.5% 46.2% 96%
2019 37.4% 41% 43% 87.1%
2018 37.8% 47.5% 44.2% 84.8%
2017 39% 53.2% 44.3% 82.7%
2016 40.7% 53.5% 45.5% 77.4%
2015 41.8% 53% 46.2% 71.7%
2014 38.8% 38.8% 41.4% 61.6%
2013 40.8% 36.9% 39.8% 59.6%
2012 38.9% 36.9% 39.3% 61.6%
2011 40.3% 58.2% 39.4% 60.6%
2010 44.3% 36.8% 39.5% 62.4%
2009 51.7% 32.5% 40.5% 64.7%
2008 60% 20.3% 39.9% 61.4%
2007 49.2% 15.8% 40.4% 63%
2006 47.2% 12.3% 42.6% 64.6%
2005 45% 8.12% 41.9% 67%
2004 44% 9.22% 39.7% 68%
2003 43.5% - 41.3% 71.5%
2002 43.8% - 44.5% 76.1%
2001 42.4% - 39.8% 67.3%
2000 - - 34.5% 62.2%
1999 - - 39.6% 44.5%
1998 - - 40.9% 38.9%
1997 - - 38.6% 31.8%
1996 - - 38.2% 30.7%
1995 - - - 28%
1994 - - - 30%
1993 - - - 32.6%
1992 - - - 37.1%
1991 - - - 38.1%
1990 - - - 40.6%
1989 - - - 40.2%
1988 - - - 46.9%
1987 - - - 50.3%
1986 - - 11.7% 49.4%
1985 - - 11.1% 52.6%
1984 - - 10% 55.8%
1983 - - 9.7% 51.5%
1982 - - 8.1% 32.8%
1981 - - 7.8% 34.6%
1980 - - 6.8% 39.7%
1979 - - 9% 36.6%
1978 - - 10.2% 37%
1977 - - 10.4% 31%
1976 - - 10.6% 31.8%
1975 - - 10.7% 27.7%
1974 - - 10.5% 25.7%
1973 - - 11% 22.4%
1972 - - 12.6% 22.5%
1971 - - 11.7% 17.9%
1970 - - 11.4% 17%
1969 - - 11.2% 16.5%
1968 - - 14.4% 15.8%
1967 - - 13.5% 13.8%
1966 - - 14.6% 19.6%
1965 - - 14% 17.6%
1964 - - 25.4% 22.2%
1963 - - 22.8% 20.4%
1962 - - 23.1% 23.7%
1961 - - 12% 25.7%
1960 - - 13.7% 22.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2000–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-07-08).

GeoRank.org/economy/belarus/brazil | CC BY

In 2025, Belarus' government spending was $38.6B, accounting for 41.3% of its GDP, while Brazil spent $1.08T, or 47.4% of GDP.

Debt-to-GDP ratio is 33.1% in Belarus and 93.3% in Brazil, ranking 148/185 and 29/185, respectively.

Government deficit by year

Deficit/surplus
Belarus

Brazil
1x
Year Deficit/surplus, % of GDP
Belarus Brazil
2025 0.15% -8.07%
2024 0.54% -6.17%
2023 0.76% -7.71%
2022 -1.98% -3.96%
2021 -0.22% -2.63%
2020 -2.87% -11.6%
2019 0.91% -4.86%
2018 1.8% -6.99%
2017 -0.34% -7.97%
2016 -1.66% -7.99%
2015 -2.96% -9.28%
2014 0.09% -6.27%
2013 -0.98% -3.42%
2012 0.36% -2.35%
2011 -2.81% -2.74%
2010 -4.19% -3.55%
2009 -7.23% -4.23%
2008 -10.9% -2.39%
2007 -7.82% -2.66%
2006 -7.71% -4.87%
2005 -6.71% -3.36%
2004 -7.06% -2.95%
2003 -6.74% -5.4%
2002 -7.81% -4.15%
2001 -4.74% -3.47%
2000 - -3.32%
1999 - -5.17%
1998 - -7.22%
1997 - -5.6%
1996 - -5.35%
1995 - -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -1.6%
1985 - -1.3%
1984 - -0.4%
1983 - 0.1%
1982 - 1.4%
1981 - 1%
1980 - 2.5%
1979 - 0.4%
1978 - -0.1%
1977 - 0.1%
1976 - 0.1%
1975 - 0%
1974 - 0.6%
1973 - 0.1%
1972 - -0.1%
1971 - -0.3%
1970 - -0.4%
1969 - -0.6%
1968 - -1.6%
1967 - -2.1%
1966 - -1.3%
1965 - -2%
1964 - -8.79%
1963 - -5.78%
1962 - -6.82%
1961 - -2.93%
1960 - -3.85%
1959 - -0.18%
1958 - -0.76%
1957 - -0.29%
1956 - -0.14%
1955 - -0.62%
1954 - -0.49%
1953 - -1.26%
1952 - 0.64%
1951 - 0.87%
1950 - -1.58%
1949 - -1.22%
1948 - 0.002%
1947 - 0.25%
1946 - -1.78%
1945 - -2.87%
1944 - -2.37%
1943 - -0.75%
1942 - -2.55%
1941 - -2.15%
1940 - -1.13%
1939 - -1.2%
1938 - -0.59%
1937 - -1.62%
1936 - -0.27%
1935 - -0.5%
1934 - -2.28%
1933 - -1.56%
1932 - -6.47%
1931 - -1.56%
1930 - -3.58%
1929 - -0.09%
1928 - 0.57%
1927 - 0.12%
1926 - -0.76%
1925 - -0.07%
1924 - -0.45%
1923 - -1.94%
1922 - -3.8%
1921 - -2.98%
1920 - -3.11%
1919 - -3.69%
1918 - -4.51%
1917 - -4.8%
1916 - -4.35%
1915 - -6.33%
1914 - -7.32%
1913 - -1.91%
1912 - -3.05%
1911 - -2.15%
1910 - -2.06%
1909 - -1.62%
1908 - -1.89%
1907 - 0.38%
1906 - 0.28%
1905 - 0.96%
1904 - -0.62%
1903 - 1.79%
1902 - 1.59%
1901 - -2.46%
1900 - -5.57%
1899 - -2.13%
1898 - -14%
1897 - -2.38%
1896 - -0.79%
1895 - -1.33%
1894 - -4.11%
1893 - -1.77%
1892 - -2.6%
1891 - 0.51%
1890 - -3.02%
1889 - -3.79%
1888 - 0.63%
1887 - -0.76%
1886 - -3.8%
1885 - -5.71%
1884 - -3.89%
1883 - -3.33%
1882 - -1.58%
1881 - -1.9%
1880 - -4.84%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (2001–2025, retrieved 2026-07-08).

GeoRank.org/economy/belarus/brazil | CC BY

In 2025, Belarus' government surplus, the difference between spending and revenue, was $140M, equivalent to 0.15% of GDP. This compares to Brazil's deficit of $184B, or 8.07% of GDP.

Over the past 25 years, Belarus recorded a fiscal deficit in 18 of those years, while Brazil ran a deficit in 25 years. On average, Belarus posted an annual deficit equal to 3.2% of GDP, compared to deficit of 5.16% of GDP for Brazil.

Inflation comparison by year

Inflation
Belarus

Brazil
1x
Year Consumer prices inflation
Belarus Brazil
2025 6.6% 5%
2024 5.7% 4.4%
2023 5% 4.6%
2022 15.2% 9.3%
2021 9.5% 8.3%
2020 5.5% 3.2%
2019 5.6% 3.7%
2018 4.9% 3.7%
2017 6% 3.4%
2016 11.8% 8.7%
2015 13.5% 9%
2014 18.1% 6.3%
2013 18.3% 6.2%
2012 59.2% 5.4%
2011 53.2% 6.6%
2010 7.7% 5%
2009 13% 4.9%
2008 14.8% 5.7%
2007 8.4% 3.6%
2006 7% 4.2%
2005 10.3% 6.9%
2004 18.1% 6.6%
2003 28.4% 14.7%
2002 42.6% 8.4%
2001 61.1% 6.8%
2000 168.6% 7%
1999 293.7% 4.9%
1998 73% 3.2%
1997 63.8% 6.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/belarus/brazil | CC BY

Over the past 29 years, Belarus has recorded an average annual inflation rate of 36.2%, compared with 6.09% in Brazil. In 2025, inflation was 6.6% in Belarus and 5% in Brazil.

Top exports between countries

Belarus
Export category Export value
Raw materials & minerals $534M
Metals $8.25M
Chemicals & pharma $3.65M
Textiles & consumer goods $1.73M
Machinery & equipment $723K
Raw agricultural goods $383K
Wood & paper products $294K
Processed food, beverages & tobacco $72K
Precious metals & jewellery $4K
Animal & marine products $2K
Brazil
Export category Export value
Machinery & equipment $29.5M
Raw agricultural goods $6.78M
Animal & marine products $1.12M
Metals $536K
Chemicals & pharma $363K
Raw materials & minerals $262K
Processed food, beverages & tobacco $257K
Textiles & consumer goods $199K
Wood & paper products $48K
Precious metals & jewellery $3K

Balance of trade

Belarus Brazil
Current account balance
-$1.82B
2025
-$66.7B
2025
Current account balance ranking
137/190
2025
188/190
2025
Current account balance, % of GDP
-1.94%
2025
-2.93%
2025
Goods imports
$46B
2025
$291B
2025
Goods exports
$40B
2025
$351B
2025
Service imports
$7.55B
2025
$105B
2025
Service exports
$11.7B
2025
$54.4B
2025
Imports of goods and services, % of GDP
57%
2025
17.5%
2025
Exports of goods and services, % of GDP
55.1%
2025
17.8%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Belarus Brazil
Economic freedom 49.1 52.4
Economic freedom ranking 166/197 148/197
Property rights 20 49.2
Government integrity 28.3 37.2
Judicial effectiveness 11.5 55.6
Tax burden 93.5 70.6
Government spending 52.6 39.8
Fiscal health 96.8 28
Business freedom 50.3 65.7
Labor freedom 48 57
Monetary freedom 69 76
Trade freedom 69.2 69
Investment freedom 30 40
Financial freedom 20 40

Economic freedom comparison by year

Belarus
Brazil
1x
Year Economic freedom index
Belarus Brazil
2026 49.1 52.4
2025 48.9 55.1
2024 48.4 53.2
2023 51 53.5
2022 53 53.3
2021 61 53.4
2020 61.7 53.7
2019 57.9 51.9
2018 58.1 51.4
2017 58.6 52.9
2016 48.8 56.5
2015 49.8 56.6
2014 50.1 56.9
2013 48 57.7
2012 49 57.9
2011 47.9 56.3
2010 48.7 55.6
2009 45 56.7
2008 45.3 56.2
2007 47 56.2
2006 47.5 60.9
2005 46.7 61.7
2004 43.1 62
2003 39.7 63.4
2002 39 61.5
2001 38 61.9
2000 41.3 61.1
1999 35.4 61.3
1998 38 52.3
1997 39.8 52.6
1996 38.7 48.1
1995 40.4 51.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/belarus/brazil | CC BY

The Economic Freedom Index for Belarus is 49.1, ranking 166/197, compared to 52.4 for Brazil, ranking 148/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Belarus Brazil
Services, % of GDP
50%
2025
59.7%
2025
Industry, % of GDP
31.6%
2025
20.1%
2025
Agriculture, forestry, and fishing, % of GDP
6.9%
2025
6.09%
2025
GNI, Atlas method
$83.3B
2025
$2.25T
2025
GNI per capita, PPP
$34,310
2025
$22,670
2025
Total reserves including gold
$14.5B
2025
$359B
2025
Total reserves ranking
72/177
2025
13/177
2025
Net foreign direct investment
-$1.43B
2025
-$47.5B
2025
Net inflows of foreign direct investment
$1.74B
2024
$74.1B
2024
Net outflows of foreign direct investment
$170M
2024
$26.3B
2024
Servicing debt to the IMF, % of GNI
6.94%
2024
5.4%
2024
Poverty at national poverty lines
3.5%
2024
4.2%
2020
Gross capital formation, % of GDP
27.1%
2025
17.1%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/belarus/brazil | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (2000–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.