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Economy of Belarus vs Haiti compared: GDP & Debt

Updated on by Georank team

Belarus has a GDP of $76B compared to $25.2B for Haiti, ranking 83/197 and 117/197 by economy size, respectively.

Belarus has $30.3B in government debt (39.9% of GDP), compared to $3.91B (15.5% of GDP) in Haiti.

Belarus vs Haiti GDP by year

Belarus
Haiti
1x
Year GDP, current $
Belarus Haiti
2024 $75,961,865,472 $25,224,154,991
2023 $72,478,760,370 $19,850,585,722
2022 $73,775,179,925 $20,253,551,921
2021 $69,673,747,132 $20,944,387,976
2020 $61,371,673,345 $14,508,222,518
2019 $64,410,170,653 $15,016,090,930
2018 $60,031,026,576 $16,403,864,618
2017 $54,725,405,751 $15,093,357,161
2016 $47,723,545,321 $14,069,277,526
2015 $56,454,769,845 $14,849,629,309
2014 $78,813,069,121 $15,146,883,498
2013 $75,527,558,966 $14,902,488,604
2012 $65,685,890,439 $13,708,925,477
2011 $61,762,382,328 $13,008,746,039
2010 $57,231,904,543 $11,859,312,725
2009 $50,873,167,326 $11,597,002,835
2008 $60,752,106,347 $10,432,962,635
2007 $45,275,711,996 $9,228,637,768
2006 $36,961,894,281 $7,638,739,123
2005 $30,210,091,837 $7,030,149,730
2004 $23,141,566,293 $6,087,360,684
2003 $17,825,444,724 $5,071,947,798
2002 $14,594,900,945 $6,205,847,214
2001 $12,354,820,144 $6,331,970,324
2000 $12,736,856,828 $6,813,566,099
1999 $12,138,486,532 $4,153,725,884
1998 $15,222,012,660 $3,723,903,724
1997 $14,128,408,566 $3,338,949,152
1996 $14,500,437,520 $2,907,517,604
1995 $13,972,683,274 $2,813,313,279
1994 $14,931,435,232 $2,167,569,046
1993 $16,275,073,527 $1,878,253,767
1992 $16,939,790,094 $2,257,129,792
1991 $18,404,907,975 $3,473,562,628
1990 $17,389,558,233 $3,096,289,800
1989 - $2,736,243,800
1988 - $2,613,926,800
1987 - $2,047,200,000
1986 - $2,318,000,000
1985 - $2,009,400,000
1984 - $1,816,200,000
1983 - $1,623,600,000
1982 - $1,474,200,000
1981 - $1,479,400,000
1980 - $1,383,800,000
1979 - $1,080,600,000
1978 - $974,200,000
1977 - $947,000,000
1976 - $879,000,000
1975 - $681,400,000
1974 - $565,399,322
1973 - $466,798,973
1972 - $371,998,958
1971 - $362,800,000
1970 - $331,200,000
1969 - $391,820,400
1968 - $367,968,800
1967 - $369,124,200
1966 - $368,948,600
1965 - $353,251,800
1964 - $325,281,200
1963 - $294,883,400
1962 - $281,896,800
1961 - $271,066,000
1960 - $273,187,200

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

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

GDP per capita in Belarus vs Haiti by year

Belarus
GDP per capita

GDP per capita, PPP
Haiti
GDP per capita

GDP per capita, PPP
1x
Year Current $
Belarus Haiti
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,318 $33,010 $2,143 $3,194
2023 $7,897 $30,834 $1,706 $3,292
2022 $7,995 $28,429 $1,761 $3,275
2021 $7,490 $27,611 $1,841 $3,145
2020 $6,543 $24,872 $1,290 $3,103
2019 $6,838 $22,302 $1,352 $3,237
2018 $6,360 $20,026 $1,496 $3,197
2017 $5,786 $18,414 $1,395 $3,339
2016 $5,040 $17,832 $1,318 $3,253
2015 $5,967 $18,134 $1,411 $3,026
2014 $8,341 $19,038 $1,460 $3,076
2013 $7,998 $19,014 $1,458 $3,042
2012 $6,953 $18,115 $1,361 $2,830
2011 $6,528 $16,563 $1,312 $2,858
2010 $6,035 $15,339 $1,210 $2,695
2009 $5,352 $14,034 $1,197 $2,855
2008 $6,376 $13,886 $1,095 $2,724
2007 $4,735 $12,320 $985 $2,647
2006 $3,848 $10,995 $829 $2,504
2005 $3,126 $9,637 $776 $2,427
2004 $2,378 $8,483 $683 $2,322
2003 $1,820 $7,362 $579 $2,331
2002 $1,479 $6,697 $721 $2,248
2001 $1,244 $6,238 $749 $2,230
2000 $1,276 $5,796 $821 $2,229
1999 $1,211 $5,331 $510 $2,201
1998 $1,511 $5,061 $465 $2,152
1997 $1,396 $4,596 $425 $2,122
1996 $1,427 $4,039 $377 $2,070
1995 $1,371 $3,846 $372 $1,989
1994 $1,460 $4,190 $292.1 $1,807
1993 $1,590 $4,641 $258.1 $2,048
1992 $1,658 $4,917 $316 $2,158
1991 $1,805 $5,330 $497 $2,273
1990 $1,707 $5,220 $452 $2,202
1989 - - $407 -
1988 - - $397 -
1987 - - $318 -
1986 - - $367 -
1985 - - $325 -
1984 - - $299.2 -
1983 - - $272.8 -
1982 - - $252.6 -
1981 - - $258.5 -
1980 - - $246.5 -
1979 - - $196.2 -
1978 - - $180.3 -
1977 - - $178.7 -
1976 - - $169.1 -
1975 - - $133.6 -
1974 - - $113 -
1973 - - $95.1 -
1972 - - $77.3 -
1971 - - $76.8 -
1970 - - $71.5 -
1969 - - $86.1 -
1968 - - $82.4 -
1967 - - $84.2 -
1966 - - $85.7 -
1965 - - $83.6 -
1964 - - $78.5 -
1963 - - $72.4 -
1962 - - $70.4 -
1961 - - $69 -
1960 - - $70.8 -

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

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

Belarus' GDP per capita is $8,318, ranking 92/197, compared to $2,143 in Haiti, ranking 153/197. Adjusted for purchasing power (GDP per capita PPP), Belarus ranks 68th at $33,010, while Haiti ranks 177th at $3,194.

Economic indicators

Belarus Haiti
Gross domestic product
$76B
2024
$25.2B
2024
GDP rank
83/197
2024
117/197
2024
GDP growth
4.01%
2023-2024
-4.17%
2023-2024
GDP per capita
$8,318
2024
$2,143
2024
GDP per capita rank
92/197
2024
153/197
2024
GDP per capita, PPP
$33,010
2024
$3,194
2024
GDP per capita PPP rank
68/197
2024
177/197
2024
Government debt
$30.3B
2024
$3.91B
2024
Debt-to-GDP ratio
39.9%
2024
15.5%
2024
Government debt per person
$3,318
2024
$332
2024
Government debt per person rank
97/185
2024
176/185
2024
Average annual personal income after taxes
$7,345
2026
$1,896
2026
Market capitalization of domestic companies
$6.01B
2024
n/a
Income share by richest 10%
20.7%
2020
31.2%
2012
Income share by poorest 10%
4.5%
2020
2.1%
2012
Government expenditure, % of GDP
40.9%
2024
5.25%
2024
Consumer prices inflation
5.7%
2023-2024
26.9%
2023-2024
Central bank interest rate
9.75%
2025
n/a
Unemployment rate
3.04%
2024
14.1%
2012
Population
9013835
12076663

Spending and national debt comparison by year

Belarus
Spending

Debt
Haiti
Spending

Debt
1x
Year % of GDP
Belarus Haiti
Government spending Government debt Government spending Government debt
2024 40.9% 39.9% 5.25% 15.5%
2023 40.3% 40.7% 6.46% 28.5%
2022 38% 40.8% 8.33% 29.5%
2021 36.7% 41.2% 9.42% 28.9%
2020 38% 47.5% 9.86% 22.3%
2019 37.4% 41% 9.59% 26.5%
2018 37.8% 47.5% 11.3% 24.1%
2017 39% 53.2% 10.2% 22.5%
2016 40.7% 53.5% 10.5% 24.4%
2015 41.8% 53% 12.7% 23.9%
2014 38.8% 38.8% 14.6% 21.4%
2013 40.8% 36.9% 15.9% 25.1%
2012 38.9% 36.9% 16.4% 24.1%
2011 40.3% 58.2% 14.1% 22.3%
2010 44.3% 36.8% 12.6% 24.9%
2009 51.7% 32.5% 11.6% 19.4%
2008 60% 20.3% 11.2% 33.9%
2007 49.2% 15.8% 11.1% 24.4%
2006 47.2% 12.3% 9.67% 32.2%
2005 45% 8.12% 8.75% 29.7%
2004 44% 9.22% 7.38% 30.4%
2003 43.5% - 7.83% 37.8%
2002 43.8% - 6.64% 32%
2001 42.4% - 6.11% 28.8%
2000 - - 6.25% 32.5%
1999 - - 6.91% 24.1%
1998 - - 5.4% 24%
1997 - - 5.46% 26.2%
1996 - - - 26.2%
1995 - - - 26.2%
1994 - - - 35.3%
1993 - - - 98%
1992 - - - 118.9%
1991 - - - 80.7%
1990 - - - 85.1%
1989 - - - 98.7%
1988 - - - 90.9%
1987 - - 32.4% 58.6%
1986 - - 15.1% 26.5%
1985 - - 17.4% 25.6%
1984 - - 16.9% 27.3%
1983 - - 21.9% 28.9%
1982 - - 20.7% 25.5%
1981 - - 17.4% 23.7%
1980 - - 17.2% 20.3%
1979 - - 13.1% 19.8%
1978 - - 18.9% 20.1%
1977 - - 16.7% 18.5%
1976 - - 13.4% 14.9%
1975 - - 12.8% 14.2%
1974 - - 9.24% 13.3%
1973 - - 9.4% 8.92%
1972 - - 11.2% 11.1%
1971 - - 11.2% 11%
1970 - - 11.4% 12.5%
1969 - - 10.1% -
1968 - - 10.3% -
1967 - - 7.52% -
1966 - - 7.2% -
1965 - - 7.91% -
1964 - - - -
1963 - - 8.95% -
1962 - - - -
1961 - - - -
1960 - - 7.34% 21.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

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

In 2024, Belarus' government spending was $31.1B, accounting for 40.9% of its GDP, while Haiti spent $1.32B, or 5.25% of GDP.

Debt-to-GDP ratio is 39.9% in Belarus and 15.5% in Haiti, ranking 133/185 and 177/185, respectively.

Government deficit by year

Deficit/surplus
Belarus

Haiti
1x
Year Deficit/surplus, % of GDP
Belarus Haiti
2024 1.05% 6.96%
2023 0.76% 0.77%
2022 -1.98% -1.75%
2021 -0.22% -2.45%
2020 -2.87% -1.96%
2019 0.91% -1.99%
2018 1.8% -1.13%
2017 -0.34% -0.32%
2016 -1.66% 0.12%
2015 -2.96% -1.47%
2014 0.09% -3.64%
2013 -0.98% -3.98%
2012 0.36% -2.71%
2011 -2.81% -1.43%
2010 -4.19% -1.5%
2009 -7.23% -2%
2008 -10.9% -1.8%
2007 -7.82% -1.55%
2006 -7.71% -0.91%
2005 -6.71% -0.83%
2004 -7.06% -1.34%
2003 -6.74% -2.24%
2002 -7.81% -1.8%
2001 -4.74% -1.55%
2000 - -1.36%
1999 - -1.54%
1998 - 0.21%
1997 - 0.37%
1996 - -
1995 - -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -4.94%
1986 - -1.4%
1985 - -0.97%
1984 - -3.52%
1983 - -5.72%
1982 - -3.93%
1981 - -4.38%
1980 - -5.68%
1979 - -2.21%
1978 - -3.24%
1977 - -2.85%
1976 - -1.16%
1975 - -1.73%
1974 - 0.23%
1973 - 0.03%
1972 - 0.24%
1971 - -0.08%
1970 - -0.19%
1969 - -0.39%
1968 - -0.46%
1967 - 0%
1966 - 0%
1965 - 0%
1964 - -
1963 - 0%
1962 - -
1961 - -
1960 - 0.006%
1959 - -1.11%
1958 - -2.21%
1957 - 0.28%
1956 - -2.18%
1955 - -0.86%
1954 - -0.81%
1953 - -1.01%
1952 - -
1951 - -
1950 - -
1949 - -0.12%
1948 - 0.21%
1947 - 1.06%
1946 - 0.51%
1945 - 0.47%
1944 - -
1943 - -
1942 - -
1941 - -0.21%
1940 - 0.13%
1939 - -0.16%
1938 - 0.15%
1937 - -0.08%
1936 - -0.06%
1935 - -0.2%
1934 - -1.23%
1933 - 0%
1932 - 0.4%
1931 - -0.49%
1930 - -0.52%
1929 - -0.32%
1928 - -0.25%
1927 - 0.73%
1926 - -0.45%
1925 - 0.05%
1924 - -0.14%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1924–1987, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20).

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

In 2024, Belarus' government surplus, the difference between spending and revenue, was $796M, equivalent to 1.05% of GDP. This compares to Haiti's surplus of $1.76B, or 6.96% of GDP.

Over the past 24 years, Belarus recorded a fiscal deficit in 18 of those years, while Haiti ran a deficit in 21 years. On average, Belarus posted an annual deficit equal to 3.32% of GDP, compared to deficit of 1.27% of GDP for Haiti.

Inflation comparison by year

Inflation
Belarus

Haiti
1x
Year Consumer prices inflation
Belarus Haiti
2024 5.7% 26.9%
2023 5% 36.8%
2022 15.2% 34%
2021 9.5% 16.8%
2020 5.5% 22.8%
2019 5.6% 18.7%
2018 4.9% 12.5%
2017 6% 10.7%
2016 11.8% 11.5%
2015 13.5% 6.73%
2014 18.1% 3.44%
2013 18.3% 4.77%
2012 59.2% 5.02%
2011 53.2% 6.33%
2010 7.7% 4.83%
2009 13% 0.39%
2008 14.8% 15.3%
2007 8.4% 6.56%
2006 7% 11.3%
2005 10.3% 14%
2004 18.1% 21%
2003 28.4% 28.7%
2002 42.6% 7.03%
2001 61.1% 13.3%
2000 168.6% 9.33%
1999 293.7% 3%
1998 73% 5.27%
1997 63.8% 20.6%

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/haiti | CC BY

Over the past 28 years, Belarus has recorded an average annual inflation rate of 37.2%, compared with 13.5% in Haiti. In 2024, inflation was 5.7% in Belarus and 26.9% in Haiti.

Top exports between countries

Belarus
Export category Export value
Machinery & equipment $129K
IT & IP services $10K
Raw materials & minerals $3K
Haiti
Export category Export value

Balance of trade

Belarus Haiti
Current account balance
-$1.94B
2024
-$145M
2024
Current account balance ranking
142/190
2024
92/190
2024
Current account balance, % of GDP
-2.56%
2024
-0.58%
2024
Goods imports
$44.2B
2024
$4.27B
2024
Goods exports
$39.5B
2024
$767M
2024
Service imports
$6.82B
2024
$518M
2024
Service exports
$10.1B
2024
$96.6M
2024
Imports of goods and services, % of GDP
66.9%
2024
18.8%
2024
Exports of goods and services, % of GDP
65.1%
2024
3.4%
2024

Economic freedom indices

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

Belarus Haiti
Economic freedom 49.1 46.1
Economic freedom ranking 166/197 178/197
Property rights 20 6.6
Government integrity 28.3 13
Judicial effectiveness 11.5 17.3
Tax burden 93.5 81.7
Government spending 52.6 98.7
Fiscal health 96.8 99.5
Business freedom 50.3 30.7
Labor freedom 48 54.7
Monetary freedom 69 45.1
Trade freedom 69.2 66.4
Investment freedom 30 20
Financial freedom 20 20

Economic freedom comparison by year

Belarus
Haiti
1x
Year Economic freedom index
Belarus Haiti
2026 49.1 46.1
2025 48.9 46.1
2024 48.4 48.2
2023 51 49.9
2022 53 50
2021 61 50.8
2020 61.7 52.3
2019 57.9 52.7
2018 58.1 55.8
2017 58.6 49.6
2016 48.8 51.3
2015 49.8 51.3
2014 50.1 48.9
2013 48 48.1
2012 49 50.7
2011 47.9 52.1
2010 48.7 50.8
2009 45 50.5
2008 45.3 49
2007 47 51.4
2006 47.5 49.2
2005 46.7 48.4
2004 43.1 51.2
2003 39.7 50.6
2002 39 47.9
2001 38 47.1
2000 41.3 45.7
1999 35.4 45.9
1998 38 45.7
1997 39.8 45.8
1996 38.7 41
1995 40.4 43

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

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

The Economic Freedom Index for Belarus is 49.1, ranking 166/197, compared to 46.1 for Haiti, ranking 178/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Belarus Haiti
Services, % of GDP
49.7%
2024
48.3%
2024
Industry, % of GDP
30.7%
2024
33.4%
2024
Agriculture, forestry, and fishing, % of GDP
6.87%
2024
15.9%
2024
GNI, Atlas method
$75.4B
2024
$20.7B
2024
GNI per capita, PPP
$32,300
2024
$3,190
2024
Total reserves including gold
$8.91B
2024
$2.72B
2024
Total reserves ranking
82/177
2024
121/177
2024
Net foreign direct investment
-$1.57B
2024
-$20M
2024
Net inflows of foreign direct investment
$1.74B
2024
$20M
2024
Net outflows of foreign direct investment
$170M
2024
$0
2024
Servicing debt to the IMF, % of GNI
7.19%
2024
2.15%
2024
Poverty at national poverty lines
3.9%
2022
58.5%
2012
Gross capital formation, % of GDP
25.8%
2024
9.94%
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/haiti | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1924–1996, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  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.