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Economy of Belarus vs Chad compared: GDP & Debt

Updated on by Georank team

Belarus has a GDP of $76B compared to $19.5B for Chad, ranking 83/197 and 132/197 by economy size, respectively.

Belarus has $30.3B in government debt (39.9% of GDP), compared to $6.37B (32.7% of GDP) in Chad.

Belarus vs Chad GDP by year

Belarus
Chad
1x
Year GDP, current $
Belarus Chad
2024 $75,961,865,472 $19,518,819,751
2023 $72,478,760,370 $18,340,233,749
2022 $73,775,179,925 $17,828,508,290
2021 $69,673,747,132 $16,871,937,698
2020 $61,371,673,345 $14,932,897,821
2019 $64,410,170,653 $14,905,517,743
2018 $60,031,026,576 $15,327,000,249
2017 $54,725,405,751 $13,349,041,409
2016 $47,723,545,321 $13,026,289,836
2015 $56,454,769,845 $14,559,599,500
2014 $78,813,069,121 $18,144,336,904
2013 $75,527,558,966 $17,865,316,886
2012 $65,685,890,439 $17,892,228,570
2011 $61,762,382,328 $16,685,349,674
2010 $57,231,904,543 $14,058,506,664
2009 $50,873,167,326 $12,317,614,054
2008 $60,752,106,347 $13,385,593,990
2007 $45,275,711,996 $10,865,385,132
2006 $36,961,894,281 $9,709,626,596
2005 $30,210,091,837 $8,655,892,393
2004 $23,141,566,293 $4,422,855,661
2003 $17,825,444,724 $2,742,815,072
2002 $14,594,900,945 $1,997,005,709
2001 $12,354,820,144 $1,710,843,377
2000 $12,736,856,828 $1,388,506,772
1999 $12,138,486,532 $1,534,673,583
1998 $15,222,012,660 $1,744,794,531
1997 $14,128,408,566 $1,544,689,577
1996 $14,500,437,520 $1,607,345,356
1995 $13,972,683,274 $1,445,919,895
1994 $14,931,435,232 $1,179,837,963
1993 $16,275,073,527 $1,463,251,164
1992 $16,939,790,094 $1,881,847,670
1991 $18,404,907,975 $1,877,137,982
1990 $17,389,558,233 $1,738,605,558
1989 - $1,433,686,312
1988 - $1,482,597,298
1987 - $1,163,426,852
1986 - $1,067,828,246
1985 - $1,033,069,709
1984 - $919,103,735
1983 - $832,415,806
1982 - $834,369,860
1981 - $876,937,558
1980 - $1,033,002,404
1979 - $1,004,316,496
1978 - $1,113,920,124
1977 - $935,360,465
1976 - $866,044,962
1975 - $864,602,105
1974 - $652,532,795
1973 - $647,199,483
1972 - $585,427,547
1971 - $501,866,730
1970 - $469,266,737
1969 - $471,635,622
1968 - $453,980,096
1967 - $449,826,323
1966 - $432,794,922
1965 - $416,926,303
1964 - $392,247,518
1963 - $371,767,002
1962 - $357,635,713
1961 - $333,975,336
1960 - $313,582,728

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Belarus vs Chad by year

Belarus
GDP per capita

GDP per capita, PPP
Chad
GDP per capita

GDP per capita, PPP
1x
Year Current $
Belarus Chad
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,318 $33,010 $962 $2,743
2023 $7,897 $30,834 $949 $2,700
2022 $7,995 $28,429 $966 $2,624
2021 $7,490 $27,611 $946 $2,435
2020 $6,543 $24,872 $867 $2,186
2019 $6,838 $22,302 $893 $2,352
2018 $6,360 $20,026 $949 $2,228
2017 $5,786 $18,414 $854 $2,097
2016 $5,040 $17,832 $862 $2,120
2015 $5,967 $18,134 $994 $2,378
2014 $8,341 $19,038 $1,279 $2,133
2013 $7,998 $19,014 $1,305 $2,110
2012 $6,953 $18,115 $1,354 $2,435
2011 $6,528 $16,563 $1,308 $2,388
2010 $6,035 $15,339 $1,142 $2,320
2009 $5,352 $14,034 $1,036 $2,087
2008 $6,376 $13,886 $1,166 $2,181
2007 $4,735 $12,320 $980 $2,149
2006 $3,848 $10,995 $907 $2,079
2005 $3,126 $9,637 $838 $2,102
2004 $2,378 $8,483 $446 $1,808
2003 $1,820 $7,362 $289.1 $1,378
2002 $1,479 $6,697 $219.1 $1,226
2001 $1,244 $6,238 $194.3 $1,152
2000 $1,276 $5,796 $163.1 $1,044
1999 $1,211 $5,331 $186.6 $1,066
1998 $1,511 $5,061 $219.8 $1,096
1997 $1,396 $4,596 $201.4 $1,049
1996 $1,427 $4,039 $216.9 $1,010
1995 $1,371 $3,846 $204 $1,014
1994 $1,460 $4,190 $173.9 $1,026
1993 $1,590 $4,641 $220.7 $933
1992 $1,658 $4,917 $290.6 $1,107
1991 $1,805 $5,330 $302 $1,046
1990 $1,707 $5,220 $290.6 $967
1989 - - $246.4 -
1988 - - $263.5 -
1987 - - $213.9 -
1986 - - $203.4 -
1985 - - $202.7 -
1984 - - $182.2 -
1983 - - $167.2 -
1982 - - $176.1 -
1981 - - $194 -
1980 - - $228.8 -
1979 - - $222.9 -
1978 - - $252.5 -
1977 - - $215.9 -
1976 - - $203.7 -
1975 - - $207.5 -
1974 - - $160 -
1973 - - $162.4 -
1972 - - $150.4 -
1971 - - $131.8 -
1970 - - $125.9 -
1969 - - $129.2 -
1968 - - $126.9 -
1967 - - $128.2 -
1966 - - $125.8 -
1965 - - $123.6 -
1964 - - $118.6 -
1963 - - $114.7 -
1962 - - $112.6 -
1961 - - $107.3 -
1960 - - $102.8 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Belarus' GDP per capita is $8,318, ranking 92/197, compared to $962 in Chad, ranking 182/197. Adjusted for purchasing power (GDP per capita PPP), Belarus ranks 68th at $33,010, while Chad ranks 182nd at $2,743.

Economic indicators

Belarus Chad
Gross domestic product
$76B
2024
$19.5B
2024
GDP rank
83/197
2024
132/197
2024
GDP growth
4.01%
2023-2024
4.2%
2023-2024
GDP per capita
$8,318
2024
$962
2024
GDP per capita rank
92/197
2024
182/197
2024
GDP per capita, PPP
$33,010
2024
$2,743
2024
GDP per capita PPP rank
68/197
2024
182/197
2024
Government debt
$30.3B
2024
$6.37B
2024
Debt-to-GDP ratio
39.9%
2024
32.7%
2024
Government debt per person
$3,318
2024
$314
2024
Government debt per person rank
97/185
2024
177/185
2024
Average annual personal income after taxes
$7,345
2026
$1,276
2026
Market capitalization of domestic companies
$6.01B
2024
n/a
Income share by richest 10%
20.7%
2020
29.5%
2022
Income share by poorest 10%
4.5%
2020
2.8%
2022
Government expenditure, % of GDP
40.9%
2024
18.8%
2024
Consumer prices inflation
5.7%
2023-2024
5.1%
2023-2024
Central bank interest rate
9.75%
2025
n/a
Unemployment rate
3.04%
2024
1.14%
2018
Population
9013835
21893857

Spending and national debt comparison by year

Belarus
Spending

Debt
Chad
Spending

Debt
1x
Year % of GDP
Belarus Chad
Government spending Government debt Government spending Government debt
2024 40.9% 39.9% 18.8% 32.7%
2023 40.3% 40.7% 17.1% 32.2%
2022 38% 40.8% 12.6% 32.1%
2021 36.7% 41.2% 13% 41.6%
2020 38% 47.5% 14.1% 41.7%
2019 37.4% 41% 10.6% 38.4%
2018 37.8% 47.5% 9.73% 33.8%
2017 39% 53.2% 11.3% 39.2%
2016 40.7% 53.5% 11.2% 40.1%
2015 41.8% 53% 13.8% 31.3%
2014 38.8% 38.8% 16.9% 29.4%
2013 40.8% 36.9% 16.6% 22.3%
2012 38.9% 36.9% 16.6% 20%
2011 40.3% 58.2% 16.3% 22.3%
2010 44.3% 36.8% 18.5% 22.9%
2009 51.7% 32.5% 19.8% 23.9%
2008 60% 20.3% 14.6% 15.7%
2007 49.2% 15.8% 13.6% 17.6%
2006 47.2% 12.3% 10.7% 20.1%
2005 45% 8.12% 8.87% 22%
2004 44% 9.22% 9.84% 25.2%
2003 43.5% - 14.9% 34.4%
2002 43.8% - 13.8% 42%
2001 42.4% - 12% 43.5%
2000 - - 14% 52.4%
1999 - - 12.9% 44.7%
1998 - - 10.1% 34.7%
1997 - - 12% 41.3%
1996 - - 12% 40.5%
1995 - - 12.3% 41.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1998, retrieved 2026-02-20).

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

In 2024, Belarus' government spending was $31.1B, accounting for 40.9% of its GDP, while Chad spent $3.67B, or 18.8% of GDP.

Debt-to-GDP ratio is 39.9% in Belarus and 32.7% in Chad, ranking 133/185 and 151/185, respectively.

Government deficit by year

Deficit/surplus
Belarus

Chad
1x
Year Deficit/surplus, % of GDP
Belarus Chad
2024 1.05% -2.11%
2023 0.76% -1.26%
2022 -1.98% 3.79%
2021 -0.22% -1.29%
2020 -2.87% 1.24%
2019 0.91% -0.11%
2018 1.8% 1.39%
2017 -0.34% -0.18%
2016 -1.66% -1.51%
2015 -2.96% -3.29%
2014 0.09% -3.22%
2013 -0.98% -1.5%
2012 0.36% 0.33%
2011 -2.81% 1.75%
2010 -4.19% -3.16%
2009 -7.23% -8.44%
2008 -10.9% 2.82%
2007 -7.82% 2.02%
2006 -7.71% 1.7%
2005 -6.71% -0.05%
2004 -7.06% -1.84%
2003 -6.74% -4.32%
2002 -7.81% -4.08%
2001 -4.74% -3.53%
2000 - -4.68%
1999 - -4.07%
1998 - -1.73%
1997 - -2.58%
1996 - -2.86%
1995 - -3.12%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

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

In 2024, Belarus' government surplus, the difference between spending and revenue, was $796M, equivalent to 1.05% of GDP. This compares to Chad's deficit of $412M, or 2.11% of GDP.

Over the past 24 years, Belarus recorded a fiscal deficit in 18 of those years, while Chad ran a deficit in 16 years. On average, Belarus posted an annual deficit equal to 3.32% of GDP, compared to deficit of 1.04% of GDP for Chad.

Inflation comparison by year

Inflation
Belarus

Chad
1x
Year Consumer prices inflation
Belarus Chad
2024 5.7% 5.1%
2023 5% 2.3%
2022 15.2% 5.8%
2021 9.5% -0.8%
2020 5.5% 4.5%
2019 5.6% -1%
2018 4.9% 4%
2017 6% -0.9%
2016 11.8% -1.6%
2015 13.5% 4.8%
2014 18.1% -5.5%
2013 18.3% 0.2%
2012 59.2% 7.5%
2011 53.2% 2%
2010 7.7% -2.1%
2009 13% 10.1%
2008 14.8% 8.3%
2007 8.4% -7.4%
2006 7% 9.6%
2005 10.3% 4.4%
2004 18.1% -4.8%
2003 28.4% -1.8%
2002 42.6% 5.2%
2001 61.1% 12.4%
2000 168.6% 3.8%
1999 293.7% -8.4%
1998 73% 4.3%
1997 63.8% 5.6%

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

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

Over the past 28 years, Belarus has recorded an average annual inflation rate of 37.2%, compared with 2.34% in Chad. In 2024, inflation was 5.7% in Belarus and 5.1% in Chad.

Top exports between countries

Belarus
Export category Export value
Transport & tourism services $97K
Raw materials & minerals $58K
Machinery & equipment $1K
Chad
Export category Export value

Balance of trade

Belarus Chad
Current account balance
-$1.94B
2024
-$37.7M
1994
Current account balance ranking
142/190
2024
82/190
1994
Current account balance, % of GDP
-2.56%
2024
-3.2%
1994
Goods imports
$44.2B
2024
$212M
1994
Goods exports
$39.5B
2024
$135M
1994
Service imports
$6.82B
2024
$199M
1994
Service exports
$10.1B
2024
$54.8M
1994
Imports of goods and services, % of GDP
66.9%
2024
18.1%
2024
Exports of goods and services, % of GDP
65.1%
2024
29.8%
2024

Economic freedom indices

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

Belarus Chad
Economic freedom 49.1 51.2
Economic freedom ranking 166/197 154/197
Property rights 20 17.2
Government integrity 28.3 15.2
Judicial effectiveness 11.5 15
Tax burden 93.5 77.9
Government spending 52.6 92.2
Fiscal health 96.8 97.9
Business freedom 50.3 27.4
Labor freedom 48 53.7
Monetary freedom 69 71.6
Trade freedom 69.2 46.4
Investment freedom 30 60
Financial freedom 20 40

Economic freedom comparison by year

Belarus
Chad
1x
Year Economic freedom index
Belarus Chad
2026 49.1 51.2
2025 48.9 52.2
2024 48.4 51.4
2023 51 52
2022 53 49.8
2021 61 50.4
2020 61.7 50.2
2019 57.9 49.9
2018 58.1 49.3
2017 58.6 49
2016 48.8 46.3
2015 49.8 45.9
2014 50.1 44.5
2013 48 45.2
2012 49 44.8
2011 47.9 45.3
2010 48.7 47.5
2009 45 47.5
2008 45.3 47.8
2007 47 50.1
2006 47.5 50
2005 46.7 52.1
2004 43.1 53.1
2003 39.7 52.6
2002 39 49.2
2001 38 46.4
2000 41.3 46.8
1999 35.4 47.2
1998 38 46.6
1997 39.8 45.1
1996 38.7 -
1995 40.4 -

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

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

The Economic Freedom Index for Belarus is 49.1, ranking 166/197, compared to 51.2 for Chad, ranking 154/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Belarus Chad
Services, % of GDP
49.7%
2024
29.8%
2024
Industry, % of GDP
30.7%
2024
28.7%
2024
Agriculture, forestry, and fishing, % of GDP
6.87%
2024
37.7%
2024
GNI, Atlas method
$75.4B
2024
$19.1B
2024
GNI per capita, PPP
$32,300
2024
$2,710
2024
Total reserves including gold
$8.91B
2024
$1.05B
2023
Total reserves ranking
82/177
2024
140/177
2023
Net foreign direct investment
-$1.57B
2024
-$26.5M
1994
Net inflows of foreign direct investment
$1.74B
2024
$1.02B
2024
Net outflows of foreign direct investment
$170M
2024
$0
2024
Servicing debt to the IMF, % of GNI
7.19%
2024
1.9%
2024
Poverty at national poverty lines
3.9%
2022
44.8%
2022
Gross capital formation, % of GDP
25.8%
2024
26.8%
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/chad | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1998, retrieved 2026-02-20)
  6. TradeMap (2020–2021, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.