Skip to content

Economy of Belarus vs Cambodia compared: GDP & Debt

Updated on by Georank team

Belarus has a GDP of $76B compared to $46.4B for Cambodia, ranking 83/197 and 97/197 by economy size, respectively.

Belarus has $30.3B in government debt (39.9% of GDP), compared to $12B (25.9% of GDP) in Cambodia.

Belarus vs Cambodia GDP by year

Belarus
Cambodia
1x
Year GDP, current $
Belarus Cambodia
2024 $75,961,865,472 $46,352,647,037
2023 $72,478,760,370 $42,335,646,896
2022 $73,775,179,925 $39,994,532,960
2021 $69,673,747,132 $36,790,163,687
2020 $61,371,673,345 $34,818,073,901
2019 $64,410,170,653 $36,685,356,408
2018 $60,031,026,576 $33,145,892,169
2017 $54,725,405,751 $29,355,665,910
2016 $47,723,545,321 $26,556,545,153
2015 $56,454,769,845 $24,174,170,369
2014 $78,813,069,121 $22,041,463,968
2013 $75,527,558,966 $19,807,135,253
2012 $65,685,890,439 $17,826,536,700
2011 $61,762,382,328 $16,032,622,024
2010 $57,231,904,543 $13,808,673,288
2009 $50,873,167,326 $12,502,901,170
2008 $60,752,106,347 $12,174,303,999
2007 $45,275,711,996 $10,127,916,460
2006 $36,961,894,281 $8,350,531,017
2005 $30,210,091,837 $7,066,296,463
2004 $23,141,566,293 $5,883,297,160
2003 $17,825,444,724 $5,046,693,484
2002 $14,594,900,945 $4,501,227,627
2001 $12,354,820,144 $4,145,665,970
2000 $12,736,856,828 $3,694,168,979
1999 $12,138,486,532 $3,517,242,477
1998 $15,222,012,660 $3,120,425,503
1997 $14,128,408,566 $3,443,413,389
1996 $14,500,437,520 $3,506,695,720
1995 $13,972,683,274 $3,441,205,693
1994 $14,931,435,232 $2,791,435,272
1993 $16,275,073,527 $2,533,727,592
1992 $16,939,790,094 $2,491,486,594
1991 $18,404,907,975 $2,054,974,089
1990 $17,389,558,233 $1,402,541,177
1989 - $1,353,137,648
1988 - $1,662,877,859
1987 - $1,036,974,910
1986 - $1,167,630,318
1985 - $1,102,669,184
1984 - $1,021,176,059
1983 - $939,291,262
1982 - $865,516,040
1981 - $815,153,652
1980 - $744,384,130
1979 - $723,738,503
1978 - $766,642,356
1977 - $716,261,764
1976 - $790,357,255
1975 - $749,129,748

Data sources: World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06).

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

GDP per capita in Belarus vs Cambodia by year

Belarus
GDP per capita

GDP per capita, PPP
Cambodia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Belarus Cambodia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,318 $33,010 $2,628 $7,967
2023 $7,897 $30,834 $2,430 $7,431
2022 $7,995 $28,429 $2,325 $6,919
2021 $7,490 $27,611 $2,167 $6,226
2020 $6,543 $24,872 $2,082 $5,942
2019 $6,838 $22,302 $2,226 $6,154
2018 $6,360 $20,026 $2,037 $5,617
2017 $5,786 $18,414 $1,826 $5,050
2016 $5,040 $17,832 $1,675 $4,748
2015 $5,967 $18,134 $1,547 $4,434
2014 $8,341 $19,038 $1,432 $4,118
2013 $7,998 $19,014 $1,306 $3,891
2012 $6,953 $18,115 $1,193 $3,583
2011 $6,528 $16,563 $1,089 $3,223
2010 $6,035 $15,339 $952 $2,989
2009 $5,352 $14,034 $876 $2,854
2008 $6,376 $13,886 $866 $2,769
2007 $4,735 $12,320 $732 $2,566
2006 $3,848 $10,995 $612 $2,297
2005 $3,126 $9,637 $526 $2,038
2004 $2,378 $8,483 $444 $1,770
2003 $1,820 $7,362 $387 $1,598
2002 $1,479 $6,697 $350 $1,442
2001 $1,244 $6,238 $328 $1,357
2000 $1,276 $5,796 $296.4 $1,256
1999 $1,211 $5,331 $286.8 $1,134
1998 $1,511 $5,061 $258.8 $1,009
1997 $1,396 $4,596 $297.6 $994
1996 $1,427 $4,039 $325 $1,006
1995 $1,371 $3,846 $343 $1,006
1994 $1,460 $4,190 $302 $972
1993 $1,590 $4,641 $294.1 $1,565
1992 $1,658 $4,917 $307 $1,560
1991 $1,805 $5,330 $267.3 $1,504
1990 $1,707 $5,220 $190.2 $1,410
1989 - - $191.3 -
1988 - - $244.1 -
1987 - - $158.1 -
1986 - - $185.8 -
1985 - - $182.4 -
1984 - - $174.7 -
1983 - - $166.7 -
1982 - - $159.2 -
1981 - - $154.3 -
1980 - - $143.2 -
1979 - - $142.2 -
1978 - - $147.1 -
1977 - - $126.4 -
1976 - - $128.8 -
1975 - - $113.8 -

Data sources: World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06).

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

Belarus' GDP per capita is $8,318, ranking 92/197, compared to $2,628 in Cambodia, ranking 145/197. Adjusted for purchasing power (GDP per capita PPP), Belarus ranks 68th at $33,010, while Cambodia ranks 142nd at $7,967.

Economic indicators

Belarus Cambodia
Gross domestic product
$76B
2024
$46.4B
2024
GDP rank
83/197
2024
97/197
2024
GDP growth
4.01%
2023-2024
5.98%
2023-2024
GDP per capita
$8,318
2024
$2,628
2024
GDP per capita rank
92/197
2024
145/197
2024
GDP per capita, PPP
$33,010
2024
$7,967
2024
GDP per capita PPP rank
68/197
2024
142/197
2024
Government debt
$30.3B
2024
$12B
2024
Debt-to-GDP ratio
39.9%
2024
25.9%
2024
Government debt per person
$3,318
2024
$681
2024
Government debt per person rank
97/185
2024
156/185
2024
Average annual personal income after taxes
$7,345
2026
$2,258
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
17.3%
2024
Consumer prices inflation
5.7%
2023-2024
0.9%
2023-2024
Central bank interest rate
9.75%
2025
n/a
Unemployment rate
3.04%
2024
0.26%
2023
Population
9013835
18113986

Spending and national debt comparison by year

Belarus
Spending

Debt
Cambodia
Spending

Debt
1x
Year % of GDP
Belarus Cambodia
Government spending Government debt Government spending Government debt
2024 40.9% 39.9% 17.3% 25.9%
2023 40.3% 40.7% 19.1% 26.3%
2022 38% 40.8% 18.7% 25.5%
2021 36.7% 41.2% 21% 25.9%
2020 38% 47.5% 20.3% 25.2%
2019 37.4% 41% 17.6% 20.8%
2018 37.8% 47.5% 16.1% 21.1%
2017 39% 53.2% 16.2% 22.6%
2016 40.7% 53.5% 15.2% 21.8%
2015 41.8% 53% 14.5% 23.3%
2014 38.8% 38.8% 16.5% 24.2%
2013 40.8% 36.9% 16.4% 24.4%
2012 38.9% 36.9% 17.1% 24.9%
2011 40.3% 58.2% 16.5% 23.8%
2010 44.3% 36.8% 17% 23.4%
2009 51.7% 32.5% 17% 23.7%
2008 60% 20.3% 13.1% 23%
2007 49.2% 15.8% 12.3% 25.1%
2006 47.2% 12.3% 11.3% 26.7%
2005 45% 8.12% 11% 31.7%
2004 44% 9.22% 12.6% 38.7%
2003 43.5% - 14.5% 39.8%
2002 43.8% - 16.1% 37.8%
2001 42.4% - 14.5% 33.5%
2000 - - 14.9% 34.9%
1999 - - 13.8% 34.6%
1998 - - 13.4% 37.2%
1997 - - 12.4% 31.4%
1996 - - 15.7% 30.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20).

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

In 2024, Belarus' government spending was $31.1B, accounting for 40.9% of its GDP, while Cambodia spent $8B, or 17.3% of GDP.

Debt-to-GDP ratio is 39.9% in Belarus and 25.9% in Cambodia, ranking 133/185 and 164/185, respectively.

Government deficit by year

Deficit/surplus
Belarus

Cambodia
1x
Year Deficit/surplus, % of GDP
Belarus Cambodia
2024 1.05% -2.67%
2023 0.76% -2.83%
2022 -1.98% -0.29%
2021 -0.22% -5.18%
2020 -2.87% -2.53%
2019 0.91% 2.19%
2018 1.8% 0.28%
2017 -0.34% -0.76%
2016 -1.66% -0.29%
2015 -2.96% -0.65%
2014 0.09% -1.24%
2013 -0.98% -2.01%
2012 0.36% -3.57%
2011 -2.81% -3.76%
2010 -4.19% -3.09%
2009 -7.23% -3.98%
2008 -10.9% 0.43%
2007 -7.82% 0.62%
2006 -7.71% -0.15%
2005 -6.71% -0.34%
2004 -7.06% -3.23%
2003 -6.74% -5.69%
2002 -7.81% -6.07%
2001 -4.74% -4.95%
2000 - -4.76%
1999 - -3.79%
1998 - -5.35%
1997 - -3.7%
1996 - -7.53%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20).

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

In 2024, Belarus' government surplus, the difference between spending and revenue, was $796M, equivalent to 1.05% of GDP. This compares to Cambodia's deficit of $1.24B, or 2.67% of GDP.

Over the past 24 years, Belarus recorded a fiscal deficit in 18 of those years, while Cambodia ran a deficit in 20 years. On average, Belarus posted an annual deficit equal to 3.32% of GDP, compared to deficit of 2.07% of GDP for Cambodia.

Inflation comparison by year

Inflation
Belarus

Cambodia
1x
Year Consumer prices inflation
Belarus Cambodia
2024 5.7% 0.9%
2023 5% 2.1%
2022 15.2% 5.3%
2021 9.5% 2.9%
2020 5.5% 2.9%
2019 5.6% 2%
2018 4.9% 2.4%
2017 6% 2.9%
2016 11.8% 3%
2015 13.5% 1.2%
2014 18.1% 3.9%
2013 18.3% 2.9%
2012 59.2% 2.9%
2011 53.2% 5.5%
2010 7.7% 4%
2009 13% -0.7%
2008 14.8% 25%
2007 8.4% 7.7%
2006 7% 6.1%
2005 10.3% 6.3%
2004 18.1% 3.9%
2003 28.4% 1%
2002 42.6% 0%
2001 61.1% -0.1%
2000 168.6% -0.8%
1999 293.7% 2%
1998 73% 12.9%
1997 63.8% 10.5%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Belarus has recorded an average annual inflation rate of 37.2%, compared with 4.24% in Cambodia. In 2024, inflation was 5.7% in Belarus and 0.9% in Cambodia.

Top exports between countries

Belarus
Export category Export value
Machinery & equipment $1.17M
Textiles & consumer goods $821K
Business & finance services $90K
IT & IP services $69K
Wood & paper products $67K
Transport & tourism services $17K
Animal & marine products $1K
Cambodia
Export category Export value
Raw agricultural goods $646K
Machinery & equipment $56K

Balance of trade

Belarus Cambodia
Current account balance
-$1.94B
2024
$228M
2024
Current account balance ranking
142/190
2024
65/190
2024
Current account balance, % of GDP
-2.56%
2024
+0.49%
2024
Goods imports
$44.2B
2024
$31.2B
2024
Goods exports
$39.5B
2024
$26.8B
2024
Service imports
$6.82B
2024
$3.08B
2024
Service exports
$10.1B
2024
$4.97B
2024
Imports of goods and services, % of GDP
66.9%
2024
72.1%
2024
Exports of goods and services, % of GDP
65.1%
2024
71.4%
2024

Economic freedom indices

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

Belarus Cambodia
Economic freedom 49.1 58.7
Economic freedom ranking 166/197 108/197
Property rights 20 38.1
Government integrity 28.3 18.9
Judicial effectiveness 11.5 21.2
Tax burden 93.5 90.3
Government spending 52.6 89.9
Fiscal health 96.8 92.7
Business freedom 50.3 60.8
Labor freedom 48 48.3
Monetary freedom 69 77
Trade freedom 69.2 67.8
Investment freedom 30 50
Financial freedom 20 50

Economic freedom comparison by year

Belarus
Cambodia
1x
Year Economic freedom index
Belarus Cambodia
2026 49.1 58.7
2025 48.9 58.2
2024 48.4 55.6
2023 51 56.5
2022 53 57.1
2021 61 57.3
2020 61.7 57.3
2019 57.9 57.8
2018 58.1 58.7
2017 58.6 59.5
2016 48.8 57.9
2015 49.8 57.5
2014 50.1 57.4
2013 48 58.5
2012 49 57.6
2011 47.9 57.9
2010 48.7 56.6
2009 45 56.6
2008 45.3 55.9
2007 47 55.9
2006 47.5 56.7
2005 46.7 60
2004 43.1 61.1
2003 39.7 63.7
2002 39 60.7
2001 38 59.6
2000 41.3 59.3
1999 35.4 59.9
1998 38 59.8
1997 39.8 52.8
1996 38.7 -
1995 40.4 -

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

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

The Economic Freedom Index for Belarus is 49.1, ranking 166/197, compared to 58.7 for Cambodia, ranking 108/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Belarus Cambodia
Services, % of GDP
49.7%
2024
35.6%
2024
Industry, % of GDP
30.7%
2024
41.8%
2024
Agriculture, forestry, and fishing, % of GDP
6.87%
2024
16.6%
2024
GNI, Atlas method
$75.4B
2024
$44.9B
2024
GNI per capita, PPP
$32,300
2024
$7,910
2024
Total reserves including gold
$8.91B
2024
$22.5B
2024
Total reserves ranking
82/177
2024
58/177
2024
Net foreign direct investment
-$1.57B
2024
-$4.22B
2024
Net inflows of foreign direct investment
$1.74B
2024
$4.39B
2024
Net outflows of foreign direct investment
$170M
2024
$172M
2024
Servicing debt to the IMF, % of GNI
7.19%
2024
7.41%
2024
Poverty at national poverty lines
3.9%
2022
17.7%
2012
Gross capital formation, % of GDP
25.8%
2024
32.2%
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/cambodia | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, 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 (2020–2024, 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.