Skip to content

Economy of Belarus vs Costa Rica compared: GDP & Debt

Updated on by Georank

Belarus has a GDP of $93.4B compared to $103B for Costa Rica, ranking 80/197 and 74/197 by economy size, respectively.

Belarus has $30.9B in government debt (33.1% of GDP), compared to $62.2B (60.4% of GDP) in Costa Rica.

Belarus vs Costa Rica GDP by year

Belarus
Costa Rica
1x
Year GDP, current $
Belarus Costa Rica
2025 $93,397,215,864 $102,904,921,157
2024 $78,591,839,300 $96,715,644,331
2023 $72,478,760,370 $87,512,637,056
2022 $73,775,179,925 $71,001,226,361
2021 $69,673,747,132 $65,588,938,787
2020 $61,371,673,345 $62,806,591,555
2019 $64,410,170,653 $64,753,504,730
2018 $60,031,026,576 $62,567,765,946
2017 $54,725,405,751 $60,516,044,661
2016 $47,723,545,321 $58,847,019,588
2015 $56,454,769,845 $56,441,920,888
2014 $78,813,069,121 $52,016,408,816
2013 $75,527,558,966 $50,949,668,763
2012 $65,685,890,439 $47,231,655,493
2011 $61,762,382,328 $42,762,613,785
2010 $57,231,904,543 $37,658,616,966
2009 $50,873,167,326 $30,745,714,234
2008 $60,752,106,347 $30,801,745,703
2007 $45,275,711,996 $26,884,700,688
2006 $36,961,894,281 $22,715,540,342
2005 $30,210,091,837 $20,040,642,421
2004 $23,141,566,293 $18,610,594,844
2003 $17,825,444,724 $17,271,760,397
2002 $14,594,900,945 $16,578,820,799
2001 $12,354,820,144 $15,976,174,476
2000 $12,736,856,828 $15,013,629,579
1999 $12,138,486,532 $14,254,866,284
1998 $15,222,012,660 $13,684,255,998
1997 $14,128,408,566 $12,614,602,322
1996 $14,500,437,520 $11,678,424,727
1995 $13,972,683,274 $11,578,594,333
1994 $14,931,435,232 $10,489,903,834
1993 $16,275,073,527 $9,564,816,063
1992 $16,939,790,094 $8,579,754,953
1991 $18,404,907,975 $7,215,725,635
1990 $17,389,558,233 $5,711,687,787
1989 - $5,251,025,767
1988 - $4,614,629,898
1987 - $4,532,952,047
1986 - $4,418,983,871
1985 - $3,919,203,960
1984 - $3,660,477,856
1983 - $3,146,772,631
1982 - $2,606,623,555
1981 - $2,623,803,096
1980 - $4,831,447,001
1979 - $4,035,519,323
1978 - $3,523,208,810
1977 - $3,072,427,013
1976 - $2,412,555,426
1975 - $1,960,863,466
1974 - $1,666,544,754
1973 - $1,528,925,846
1972 - $1,238,251,696
1971 - $1,077,147,538
1970 - $984,830,158
1969 - $853,630,204
1968 - $773,841,494
1967 - $699,456,619
1966 - $647,305,630
1965 - $592,981,162
1964 - $542,578,367
1963 - $511,902,137
1962 - $479,180,824
1961 - $490,325,182
1960 - $507,513,830

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

GeoRank.org/economy/belarus/costa-rica | CC BY

GDP per capita in Belarus vs Costa Rica by year

Belarus
GDP per capita

GDP per capita, PPP
Costa Rica
GDP per capita

GDP per capita, PPP
1x
Year Current $
Belarus Costa Rica
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,279 - $19,970 -
2024 $8,606 $33,010 $18,853 $31,107
2023 $7,897 $30,834 $17,141 $28,909
2022 $7,995 $28,429 $13,972 $26,226
2021 $7,490 $27,611 $12,962 $23,853
2020 $6,543 $24,872 $12,476 $22,100
2019 $6,838 $22,302 $12,952 $23,340
2018 $6,360 $20,026 $12,620 $21,498
2017 $5,786 $18,414 $12,317 $20,499
2016 $5,040 $17,832 $12,091 $19,202
2015 $5,967 $18,134 $11,715 $17,525
2014 $8,341 $19,038 $10,911 $16,394
2013 $7,998 $19,014 $10,803 $15,232
2012 $6,953 $18,115 $10,127 $14,464
2011 $6,528 $16,563 $9,276 $13,614
2010 $6,035 $15,339 $8,266 $12,928
2009 $5,352 $14,034 $6,833 $12,274
2008 $6,376 $13,886 $6,937 $12,472
2007 $4,735 $12,320 $6,138 $11,842
2006 $3,848 $10,995 $5,257 $10,800
2005 $3,126 $9,637 $4,703 $9,899
2004 $2,378 $8,483 $4,431 $9,365
2003 $1,820 $7,362 $4,173 $8,863
2002 $1,479 $6,697 $4,068 $8,461
2001 $1,244 $6,238 $3,985 $8,190
2000 $1,276 $5,796 $3,813 $7,879
1999 $1,211 $5,331 $3,691 $7,563
1998 $1,511 $5,061 $3,617 $7,306
1997 $1,396 $4,596 $3,408 $6,890
1996 $1,427 $4,039 $3,227 $6,568
1995 $1,371 $3,846 $3,275 $6,515
1994 $1,460 $4,190 $3,040 $6,276
1993 $1,590 $4,641 $2,840 $6,025
1992 $1,658 $4,917 $2,612 $5,635
1991 $1,805 $5,330 $2,253 $5,175
1990 $1,707 $5,220 $1,830 $5,021
1989 - - $1,725 -
1988 - - $1,555 -
1987 - - $1,567 -
1986 - - $1,569 -
1985 - - $1,429 -
1984 - - $1,372 -
1983 - - $1,213 -
1982 - - $1,032 -
1981 - - $1,068 -
1980 - - $2,021 -
1979 - - $1,735 -
1978 - - $1,556 -
1977 - - $1,393 -
1976 - - $1,123 -
1975 - - $937 -
1974 - - $817 -
1973 - - $769 -
1972 - - $639 -
1971 - - $570 -
1970 - - $536 -
1969 - - $477 -
1968 - - $445 -
1967 - - $414 -
1966 - - $395 -
1965 - - $374 -
1964 - - $354 -
1963 - - $346 -
1962 - - $335 -
1961 - - $356 -
1960 - - $382 -

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

GeoRank.org/economy/belarus/costa-rica | CC BY

Belarus' GDP per capita is $10,279, ranking 88/197, compared to $19,970 in Costa Rica, ranking 59/197. Adjusted for purchasing power (GDP per capita PPP), Belarus ranks 68th at $33,010, while Costa Rica ranks 72nd at $31,107.

Economic indicators

Belarus Costa Rica
Gross domestic product
$93.4B
2025
$103B
2025
GDP rank
80/197
2025
74/197
2025
GDP growth
1.3%
2024-2025
4.56%
2024-2025
GDP per capita
$10,279
2025
$19,970
2025
GDP per capita rank
88/197
2025
59/197
2025
GDP per capita, PPP
$33,010
2024
$31,107
2024
GDP per capita PPP rank
68/197
2024
72/197
2024
Government debt
$30.9B
2025
$62.2B
2025
Debt-to-GDP ratio
33.1%
2025
60.4%
2025
Government debt per person
$3,399
2025
$12,064
2025
Government debt per person rank
98/185
2025
51/185
2025
Average annual personal income after taxes
$8,062
2026
$12,879
2026
Market capitalization of domestic companies
$5.54B
2025
$2.23B
2022
Income share by richest 10%
20.7%
2020
34.3%
2025
Income share by poorest 10%
4.5%
2020
1.8%
2025
Government expenditure, % of GDP
41.3%
2025
17.8%
2025
Consumer prices inflation
6.6%
2024-2025
-0.07%
2024-2025
Central bank interest rate
9.25%
2026
3.5%
2025
Unemployment rate
3.04%
2024
6.34%
2025
Population
9025821
5186356

Spending and national debt comparison by year

Belarus
Spending

Debt
Costa Rica
Spending

Debt
1x
Year % of GDP
Belarus Costa Rica
Government spending Government debt Government spending Government debt
2025 41.3% 33.1% 17.8% 60.4%
2024 40.8% 38.7% 18.6% 58.9%
2023 40.3% 40.7% 18.3% 60.4%
2022 38% 40.8% 18.7% 61.4%
2021 36.7% 41.2% 20.6% 67%
2020 38% 47.5% 22.1% 66.5%
2019 37.4% 41% 21.6% 56.1%
2018 37.8% 47.5% 18.9% 51.7%
2017 39% 53.2% 19.2% 47.1%
2016 40.7% 53.5% 18.8% 44.1%
2015 41.8% 53% 18.8% 39.8%
2014 38.8% 38.8% 18.4% 37.4%
2013 40.8% 36.9% 18.5% 35.1%
2012 38.9% 36.9% 17.3% 33.7%
2011 40.3% 58.2% 17.2% 29.5%
2010 44.3% 36.8% 18% 28.1%
2009 51.7% 32.5% 16.7% 26%
2008 60% 20.3% 15.2% 24%
2007 49.2% 15.8% 14.6% 27%
2006 47.2% 12.3% 15.2% 33%
2005 45% 8.12% 15.9% 37.3%
2004 44% 9.22% 17% 41%
2003 43.5% - 17.6% 40.6%
2002 43.8% - 18.6% 41.4%
2001 42.4% - 17.3% 39.6%
2000 - - 16.9% 38.9%
1999 - - 16.7% 39%
1998 - - 16% 40.7%
1997 - - 16.3% 30.6%
1996 - - 17.3% 33.7%
1995 - - 16.4% 29.1%
1994 - - 17.4% 27%
1993 - - 13.8% 24.4%
1992 - - 13.7% 23.3%
1991 - - 14% 28.4%
1990 - - 18.9% 18.5%
1989 - - 26.1% 19.3%
1988 - - 24.5% 18.2%
1987 - - 27.2% 21.2%
1986 - - 26.4% 26.1%
1985 - - 21.8% 22.8%
1984 - - 22.8% 25.2%
1983 - - 23.6% 29.8%
1982 - - 18.4% 31.8%
1981 - - 21% 32.3%
1980 - - 25% 37.7%
1979 - - 24.9% 39.5%
1978 - - 23.2% 41.7%
1977 - - 19.3% 27.8%
1976 - - 20.1% 29.5%
1975 - - 19.1% 26.1%
1974 - - 18.3% 30.3%
1973 - - 18.4% 32.8%
1972 - - 17.2% 31.8%
1971 - - 17.5% 30.4%
1970 - - 14.9% 28.6%
1969 - - 14.5% 26.1%
1968 - - 13.8% 27.7%
1967 - - 14.7% 26.7%
1966 - - 14.3% 24.8%
1965 - - 13.8% 24.1%
1964 - - 13.5% 22.7%
1963 - - 13.3% 21.8%
1962 - - 14% 19.7%
1961 - - 13.2% 20.3%
1960 - - 12.5% 16.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-07-08).

GeoRank.org/economy/belarus/costa-rica | CC BY

In 2025, Belarus' government spending was $38.6B, accounting for 41.3% of its GDP, while Costa Rica spent $18.3B, or 17.8% of GDP.

Debt-to-GDP ratio is 33.1% in Belarus and 60.4% in Costa Rica, ranking 148/185 and 77/185, respectively.

Government deficit by year

Deficit/surplus
Belarus

Costa Rica
1x
Year Deficit/surplus, % of GDP
Belarus Costa Rica
2025 0.15% -3.35%
2024 0.54% -3.73%
2023 0.76% -3.21%
2022 -1.98% -2.74%
2021 -0.22% -5.04%
2020 -2.87% -8.32%
2019 0.91% -6.65%
2018 1.8% -5.65%
2017 -0.34% -5.88%
2016 -1.66% -5.09%
2015 -2.96% -5.52%
2014 0.09% -5.45%
2013 -0.98% -5.25%
2012 0.36% -4.22%
2011 -2.81% -3.91%
2010 -4.19% -4.96%
2009 -7.23% -3.25%
2008 -10.9% 0.18%
2007 -7.82% 0.56%
2006 -7.71% -1.04%
2005 -6.71% -2.09%
2004 -7.06% -3.42%
2003 -6.74% -3.43%
2002 -7.81% -4.99%
2001 -4.74% -3.47%
2000 - -3.68%
1999 - -2.88%
1998 - -2.96%
1997 - -3.39%
1996 - -4.32%
1995 - -3.68%
1994 - -5.46%
1993 - -1.52%
1992 - -1.51%
1991 - -2.41%
1990 - -4.4%
1989 - -1.55%
1988 - 0.57%
1987 - -2.57%
1986 - -4.26%
1985 - -1.06%
1984 - -0.5%
1983 - -1.84%
1982 - -0.94%
1981 - -3.14%
1980 - -7.24%
1979 - -6.6%
1978 - -4.12%
1977 - -2.63%
1976 - -2.42%
1975 - -1.13%
1974 - 0.26%
1973 - -2.41%
1972 - -4.54%
1971 - -4.72%
1970 - -1.41%
1969 - -1.61%
1968 - -1.72%
1967 - -3.03%
1966 - -2.12%
1965 - -1.71%
1964 - -1.51%
1963 - -2.01%
1962 - -1.99%
1961 - -0.71%
1960 - -0.19%
1959 - 0.49%
1958 - 0%
1957 - 0.3%
1956 - 0.05%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1956–1989, retrieved 2026-07-08).

GeoRank.org/economy/belarus/costa-rica | CC BY

In 2025, Belarus' government surplus, the difference between spending and revenue, was $140M, equivalent to 0.15% of GDP. This compares to Costa Rica's deficit of $3.45B, or 3.35% of GDP.

Over the past 25 years, Belarus recorded a fiscal deficit in 18 of those years, while Costa Rica ran a deficit in 23 years. On average, Belarus posted an annual deficit equal to 3.2% of GDP, compared to deficit of 4% of GDP for Costa Rica.

Inflation comparison by year

Inflation
Belarus

Costa Rica
1x
Year Consumer prices inflation
Belarus Costa Rica
2025 6.6% -0.07%
2024 5.7% -0.41%
2023 5% 0.53%
2022 15.2% 8.27%
2021 9.5% 1.73%
2020 5.5% 0.72%
2019 5.6% 2.1%
2018 4.9% 2.22%
2017 6% 1.63%
2016 11.8% -0.02%
2015 13.5% 0.8%
2014 18.1% 4.52%
2013 18.3% 5.23%
2012 59.2% 4.5%
2011 53.2% 4.88%
2010 7.7% 5.66%
2009 13% 7.84%
2008 14.8% 13.4%
2007 8.4% 9.36%
2006 7% 11.5%
2005 10.3% 13.8%
2004 18.1% 12.3%
2003 28.4% 9.45%
2002 42.6% 9.17%
2001 61.1% 11.3%
2000 168.6% 11%
1999 293.7% 10%
1998 73% 11.7%
1997 63.8% 13.2%

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

GeoRank.org/economy/belarus/costa-rica | CC BY

Over the past 29 years, Belarus has recorded an average annual inflation rate of 36.2%, compared with 6.42% in Costa Rica. In 2025, inflation was 6.6% in Belarus and -0.07% in Costa Rica.

Top exports between countries

Belarus
Export category Export value
Raw materials & minerals $7.59M
Wood & paper products $178K
Chemicals & pharma $48K
Machinery & equipment $5K
Costa Rica
Export category Export value
Machinery & equipment $1K

Balance of trade

Belarus Costa Rica
Current account balance
-$1.82B
2025
-$687M
2025
Current account balance ranking
137/190
2025
108/190
2025
Current account balance, % of GDP
-1.94%
2025
-0.67%
2025
Goods imports
$46B
2025
$24.4B
2025
Goods exports
$40B
2025
$23.5B
2025
Service imports
$7.55B
2025
$8.64B
2025
Service exports
$11.7B
2025
$18.1B
2025
Imports of goods and services, % of GDP
57%
2025
32.6%
2025
Exports of goods and services, % of GDP
55.1%
2025
38.8%
2025

Economic freedom indices

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

Belarus Costa Rica
Economic freedom 49.1 69.1
Economic freedom ranking 166/197 43/197
Property rights 20 66
Government integrity 28.3 64.1
Judicial effectiveness 11.5 76.9
Tax burden 93.5 78.6
Government spending 52.6 89.3
Fiscal health 96.8 75.6
Business freedom 50.3 79.9
Labor freedom 48 55.9
Monetary freedom 69 78.2
Trade freedom 69.2 75
Investment freedom 30 50
Financial freedom 20 40

Economic freedom comparison by year

Belarus
Costa Rica
1x
Year Economic freedom index
Belarus Costa Rica
2026 49.1 69.1
2025 48.9 68.6
2024 48.4 67.7
2023 51 66.5
2022 53 65.4
2021 61 64.2
2020 61.7 65.8
2019 57.9 65.3
2018 58.1 65.6
2017 58.6 65
2016 48.8 67.4
2015 49.8 67.2
2014 50.1 66.9
2013 48 67
2012 49 68
2011 47.9 67.3
2010 48.7 65.9
2009 45 66.4
2008 45.3 64.2
2007 47 64
2006 47.5 65.9
2005 46.7 66.1
2004 43.1 66.4
2003 39.7 67
2002 39 67.5
2001 38 67.6
2000 41.3 68.4
1999 35.4 67.4
1998 38 65.6
1997 39.8 65.6
1996 38.7 66.4
1995 40.4 68

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

GeoRank.org/economy/belarus/costa-rica | CC BY

The Economic Freedom Index for Belarus is 49.1, ranking 166/197, compared to 69.1 for Costa Rica, ranking 43/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Belarus Costa Rica
Services, % of GDP
50%
2025
69.2%
2025
Industry, % of GDP
31.6%
2025
19.9%
2025
Agriculture, forestry, and fishing, % of GDP
6.9%
2025
3.37%
2025
GNI, Atlas method
$83.3B
2025
$92.4B
2025
GNI per capita, PPP
$34,310
2025
$30,760
2025
Total reserves including gold
$14.5B
2025
$17.1B
2025
Total reserves ranking
72/177
2025
70/177
2025
Net foreign direct investment
-$1.43B
2025
-$5.12B
2025
Net inflows of foreign direct investment
$1.74B
2024
$5.4B
2024
Net outflows of foreign direct investment
$170M
2024
$337M
2024
Servicing debt to the IMF, % of GNI
6.94%
2024
6.31%
2023
Poverty at national poverty lines
3.5%
2024
17.1%
2025
Gross capital formation, % of GDP
27.1%
2025
15.8%
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/costa-rica | 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 (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1956–1995, 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 (2020–2021, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.