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Economy of Belarus vs Brunei compared: GDP & Debt

Updated on by Georank team

Belarus has a GDP of $76B compared to $15.3B for Brunei, ranking 83/197 and 142/197 by economy size, respectively.

Belarus has $30.3B in government debt (39.9% of GDP), compared to $351M (2.29% of GDP) in Brunei.

Belarus vs Brunei GDP by year

Belarus
Brunei
1x
Year GDP, current $
Belarus Brunei
2024 $75,961,865,472 $15,340,808,592
2023 $72,478,760,370 $15,095,084,656
2022 $73,775,179,925 $16,681,536,467
2021 $69,673,747,132 $14,006,496,617
2020 $61,371,673,345 $12,005,799,654
2019 $64,410,170,653 $13,469,235,365
2018 $60,031,026,576 $13,566,908,391
2017 $54,725,405,751 $12,128,168,045
2016 $47,723,545,321 $11,400,266,045
2015 $56,454,769,845 $12,930,296,870
2014 $78,813,069,121 $17,097,797,386
2013 $75,527,558,966 $18,094,148,099
2012 $65,685,890,439 $19,048,443,341
2011 $61,762,382,328 $18,524,791,063
2010 $57,231,904,543 $13,707,121,038
2009 $50,873,167,326 $11,912,904,510
2008 $60,752,106,347 $15,926,456,515
2007 $45,275,711,996 $13,432,029,484
2006 $36,961,894,281 $12,644,616,419
2005 $30,210,091,837 $10,547,202,621
2004 $23,141,566,293 $8,619,178,774
2003 $17,825,444,724 $7,167,725,262
2002 $14,594,900,945 $6,333,082,876
2001 $12,354,820,144 $6,096,155,767
2000 $12,736,856,828 $6,570,999,088
1999 $12,138,486,532 $6,309,070,378
1998 $15,222,012,660 $5,550,846,020
1997 $14,128,408,566 $7,793,034,376
1996 $14,500,437,520 $7,663,377,306
1995 $13,972,683,274 $7,700,144,069
1994 $14,931,435,232 $6,467,782,518
1993 $16,275,073,527 $6,203,339,912
1992 $16,939,790,094 $6,327,966,435
1991 $18,404,907,975 $6,284,497,294
1990 $17,389,558,233 $6,039,881,087
1989 - $4,983,622,881
1988 - $4,535,130,305
1987 - $4,918,010,080
1986 - $4,190,280,003
1985 - $6,967,623,884
1984 - $7,632,788,075
1983 - $7,927,590,750
1982 - $8,932,198,186
1981 - $9,367,218,664
1980 - $10,795,432,294
1979 - $6,044,367,628
1978 - $4,100,423,674
1977 - $3,681,242,528
1976 - $3,054,765,590
1975 - $2,496,420,258
1974 - $2,319,576,214
1973 - $433,095,527
1972 - $270,822,782
1971 - $197,525,768
1970 - $179,078,929
1969 - $161,210,236
1968 - $160,818,236
1967 - $139,029,537
1966 - $132,757,528
1965 - $114,039,501

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06).

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

GDP per capita in Belarus vs Brunei by year

Belarus
GDP per capita

GDP per capita, PPP
Brunei
GDP per capita

GDP per capita, PPP
1x
Year Current $
Belarus Brunei
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,318 $33,010 $33,153 $89,879
2023 $7,897 $30,834 $32,891 $85,033
2022 $7,995 $28,429 $36,633 $81,802
2021 $7,490 $27,611 $31,007 $78,249
2020 $6,543 $24,872 $26,834 $69,788
2019 $6,838 $22,302 $30,427 $69,354
2018 $6,360 $20,026 $30,988 $65,149
2017 $5,786 $18,414 $28,024 $61,658
2016 $5,040 $17,832 $26,663 $56,680
2015 $5,967 $18,134 $30,625 $62,708
2014 $8,341 $19,038 $41,027 $81,226
2013 $7,998 $19,014 $44,003 $83,237
2012 $6,953 $18,115 $46,969 $87,256
2011 $6,528 $16,563 $46,383 $82,735
2010 $6,035 $15,339 $34,938 $79,543
2009 $5,352 $14,034 $30,946 $77,957
2008 $6,376 $13,886 $42,157 $80,477
2007 $4,735 $12,320 $36,217 $83,693
2006 $3,848 $10,995 $34,675 $86,114
2005 $3,126 $9,637 $29,386 $81,534
2004 $2,378 $8,483 $24,423 $80,404
2003 $1,820 $7,362 $20,678 $79,632
2002 $1,479 $6,697 $18,621 $76,838
2001 $1,244 $6,238 $18,288 $74,254
2000 $1,276 $5,796 $20,130 $73,087
1999 $1,211 $5,331 $19,752 $70,585
1998 $1,511 $5,061 $17,769 $68,257
1997 $1,396 $4,596 $25,522 $73,980
1996 $1,427 $4,039 $25,692 $70,008
1995 $1,371 $3,846 $26,443 $70,440
1994 $1,460 $4,190 $22,767 $69,779
1993 $1,590 $4,641 $22,397 $69,387
1992 $1,658 $4,917 $23,451 $70,016
1991 $1,805 $5,330 $23,932 $72,610
1990 $1,707 $5,220 $23,659 $70,201
1989 - - $20,090 -
1988 - - $18,825 -
1987 - - $21,030 -
1986 - - $18,501 -
1985 - - $31,827 -
1984 - - $36,061 -
1983 - - $38,720 -
1982 - - $45,075 -
1981 - - $48,793 -
1980 - - $58,005 -
1979 - - $33,501 -
1978 - - $23,447 -
1977 - - $21,747 -
1976 - - $18,671 -
1975 - - $15,793 -
1974 - - $15,195 -
1973 - - $2,939 -
1972 - - $1,905 -
1971 - - $1,432 -
1970 - - $1,325 -
1969 - - $1,226 -
1968 - - $1,274 -
1967 - - $1,149 -
1966 - - $1,146 -
1965 - - $1,029 -

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06).

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

Belarus' GDP per capita is $8,318, ranking 92/197, compared to $33,153 in Brunei, ranking 36/197. Adjusted for purchasing power (GDP per capita PPP), Belarus ranks 68th at $33,010, while Brunei ranks 9th at $89,879.

Economic indicators

Belarus Brunei
Gross domestic product
$76B
2024
$15.3B
2024
GDP rank
83/197
2024
142/197
2024
GDP growth
4.01%
2023-2024
4.05%
2023-2024
GDP per capita
$8,318
2024
$33,153
2024
GDP per capita rank
92/197
2024
36/197
2024
GDP per capita, PPP
$33,010
2024
$89,879
2024
GDP per capita PPP rank
68/197
2024
9/197
2024
Government debt
$30.3B
2024
$351M
2024
Debt-to-GDP ratio
39.9%
2024
2.29%
2024
Government debt per person
$3,318
2024
$759
2024
Government debt per person rank
97/185
2024
153/185
2024
Average annual personal income after taxes
$7,345
2026
$24,405
2026
Market capitalization of domestic companies
$6.01B
2024
n/a
Income share by richest 10%
20.7%
2020
n/a
Income share by poorest 10%
4.5%
2020
n/a
Government expenditure, % of GDP
40.9%
2024
29.8%
2024
Consumer prices inflation
5.7%
2023-2024
-0.39%
2023-2024
Central bank interest rate
9.75%
2025
n/a
Unemployment rate
3.04%
2024
4.87%
2024
Population
9013835
470884

Spending and national debt comparison by year

Belarus
Spending

Debt
Brunei
Spending

Debt
1x
Year % of GDP
Belarus Brunei
Government spending Government debt Government spending Government debt
2024 40.9% 39.9% 29.8% 2.29%
2023 40.3% 40.7% 29.4% 2.33%
2022 38% 40.8% 26.4% 2.06%
2021 36.7% 41.2% 29.3% 2.51%
2020 38% 47.5% 33.2% 2.86%
2019 37.4% 41% 32.4% 2.58%
2018 37.8% 47.5% 32.2% 2.59%
2017 39% 53.2% 36.6% 2.83%
2016 40.7% 53.5% 39.4% 3%
2015 41.8% 53% 38.7% 2.95%
2014 38.8% 38.8% 34.1% 3.23%
2013 40.8% 36.9% 33.6% 2.21%
2012 38.9% 36.9% 31% 2.1%
2011 40.3% 58.2% 29.7% 2.13%
2010 44.3% 36.8% 36.2% 1.11%
2009 51.7% 32.5% 34.8% 1.11%
2008 60% 20.3% 27.2% 0.94%
2007 49.2% 15.8% 29.3% 0.68%
2006 47.2% 12.3% 28% 0.59%
2005 45% 8.12% 29.1% 0%
2004 44% 9.22% 33.2% 0%
2003 43.5% - 30.9% 0%
2002 43.8% - 41.4% 0%
2001 42.4% - 35.5% 0%
2000 - - 37.5% 0%
1999 - - 44.1% 0%
1998 - - 45.4% 0%
1997 - - 39% 0%
1996 - - 36.9% 0%
1995 - - 44% 0%
1994 - - 47.1% 0%
1993 - - 38% 0%
1992 - - 34.1% 0%
1991 - - 30.6% 0%
1990 - - 32% 0%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Belarus' government spending was $31.1B, accounting for 40.9% of its GDP, while Brunei spent $4.57B, or 29.8% of GDP.

Debt-to-GDP ratio is 39.9% in Belarus and 2.29% in Brunei, ranking 133/185 and 185/185, respectively.

Government deficit by year

Deficit/surplus
Belarus

Brunei
1x
Year Deficit/surplus, % of GDP
Belarus Brunei
2024 1.05% -10.2%
2023 0.76% -10.9%
2022 -1.98% 2.53%
2021 -0.22% -8.16%
2020 -2.87% -15.8%
2019 0.91% -3.69%
2018 1.8% -3.59%
2017 -0.34% -10.4%
2016 -1.66% -21.7%
2015 -2.96% -14.5%
2014 0.09% 3.58%
2013 -0.98% 13%
2012 0.36% 15.8%
2011 -2.81% 25.6%
2010 -4.19% 7.61%
2009 -7.23% 3.61%
2008 -10.9% 36.1%
2007 -7.82% 3.12%
2006 -7.71% 19.8%
2005 -6.71% 16%
2004 -7.06% 8.57%
2003 -6.74% 8.06%
2002 -7.81% -4.61%
2001 -4.74% 2.59%
2000 - 6.86%
1999 - -18.3%
1998 - -24%
1997 - -11.8%
1996 - -8.7%
1995 - -19.8%
1994 - -22.6%
1993 - -12.8%
1992 - -8.28%
1991 - -1.06%
1990 - -1.63%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Belarus' government surplus, the difference between spending and revenue, was $796M, equivalent to 1.05% of GDP. This compares to Brunei's deficit of $1.56B, or 10.2% of GDP.

Over the past 24 years, Belarus recorded a fiscal deficit in 18 of those years, while Brunei ran a deficit in 10 years. On average, Belarus posted an annual deficit equal to 3.32% of GDP, compared to surplus of 2.61% of GDP for Brunei.

Inflation comparison by year

Inflation
Belarus

Brunei
1x
Year Consumer prices inflation
Belarus Brunei
2024 5.7% -0.39%
2023 5% 0.36%
2022 15.2% 3.68%
2021 9.5% 1.73%
2020 5.5% 1.94%
2019 5.6% -0.39%
2018 4.9% 1.03%
2017 6% -1.26%
2016 11.8% -0.28%
2015 13.5% -0.49%
2014 18.1% -0.21%
2013 18.3% 0.39%
2012 59.2% 0.11%
2011 53.2% 0.14%
2010 7.7% 0.36%
2009 13% 1.04%
2008 14.8% 2.08%
2007 8.4% 0.97%
2006 7% 0.16%
2005 10.3% 1.24%
2004 18.1% 0.81%
2003 28.4% 0.3%
2002 42.6% -2.31%
2001 61.1% 0.6%
2000 168.6% 1.56%
1999 293.7% -0.42%
1998 73% -0.44%
1997 63.8% 1.71%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Belarus has recorded an average annual inflation rate of 37.2%, compared with 0.5% in Brunei. In 2024, inflation was 5.7% in Belarus and -0.39% in Brunei.

Top exports between countries

Belarus
Export category Export value
Raw materials & minerals $344K
Machinery & equipment $205K
Transport & tourism services $199K
Business & finance services $34K
Brunei
Export category Export value

Balance of trade

Belarus Brunei
Current account balance
-$1.94B
2024
$2.23B
2024
Current account balance ranking
142/190
2024
45/190
2024
Current account balance, % of GDP
-2.56%
2024
+14.5%
2024
Goods imports
$44.2B
2024
$7.36B
2024
Goods exports
$39.5B
2024
$11.1B
2024
Service imports
$6.82B
2024
$1.75B
2024
Service exports
$10.1B
2024
$410M
2024
Imports of goods and services, % of GDP
66.9%
2024
58.3%
2024
Exports of goods and services, % of GDP
65.1%
2024
74.3%
2024

Economic freedom indices

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

Belarus Brunei
Economic freedom 49.1 67.5
Economic freedom ranking 166/197 55/197
Property rights 20 66.1
Government integrity 28.3 60.4
Judicial effectiveness 11.5 48.6
Tax burden 93.5 95
Government spending 52.6 75.6
Fiscal health 96.8 39
Business freedom 50.3 75.3
Labor freedom 48 75.1
Monetary freedom 69 74.8
Trade freedom 69.2 84.6
Investment freedom 30 65
Financial freedom 20 50

Economic freedom comparison by year

Belarus
Brunei
1x
Year Economic freedom index
Belarus Brunei
2026 49.1 67.5
2025 48.9 67
2024 48.4 65.9
2023 51 65.7
2022 53 64.8
2021 61 66.6
2020 61.7 66.6
2019 57.9 65.1
2018 58.1 64.2
2017 58.6 69.8
2016 48.8 67.3
2015 49.8 68.9
2014 50.1 69
2013 48 -
2012 49 -
2011 47.9 -
2010 48.7 -
2009 45 -
2008 45.3 -
2007 47 -
2006 47.5 -
2005 46.7 -
2004 43.1 -
2003 39.7 -
2002 39 -
2001 38 -
2000 41.3 -
1999 35.4 -
1998 38 -
1997 39.8 -
1996 38.7 -
1995 40.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Belarus is 49.1, ranking 166/197, compared to 67.5 for Brunei, ranking 55/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Belarus Brunei
Services, % of GDP
49.7%
2024
39%
2024
Industry, % of GDP
30.7%
2024
61.7%
2024
Agriculture, forestry, and fishing, % of GDP
6.87%
2024
1.17%
2024
GNI, Atlas method
$75.4B
2024
$16.7B
2024
GNI per capita, PPP
$32,300
2024
$92,750
2024
Total reserves including gold
$8.91B
2024
$4.41B
2024
Total reserves ranking
82/177
2024
105/177
2024
Net foreign direct investment
-$1.57B
2024
-$29.1M
2024
Net inflows of foreign direct investment
$1.74B
2024
$29.1M
2024
Net outflows of foreign direct investment
$170M
2024
$0
2024
Servicing debt to the IMF, % of GNI
7.19%
2024
n/a
Poverty at national poverty lines
3.9%
2022
n/a
Gross capital formation, % of GDP
25.8%
2024
27.9%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2020–2021, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.