Skip to content

Economy of Belarus vs Myanmar compared: GDP & Debt

Updated on by Georank team

Belarus has a GDP of $76B compared to $74.1B for Myanmar, ranking 83/197 and 85/197 by economy size, respectively.

Belarus has $30.3B in government debt (39.9% of GDP), compared to $44B (59.3% of GDP) in Myanmar.

Belarus vs Myanmar GDP by year

Belarus
Myanmar
1x
Year GDP, current $
Belarus Myanmar
2024 $75,961,865,472 $74,068,349,524
2023 $72,478,760,370 $66,757,619,000
2022 $73,775,179,925 $62,253,049,903
2021 $69,673,747,132 $66,345,291,149
2020 $61,371,673,345 $79,006,113,670
2019 $64,410,170,653 $75,065,106,243
2018 $60,031,026,576 $67,860,515,993
2017 $54,725,405,751 $66,053,040,475
2016 $47,723,545,321 $63,298,361,984
2015 $56,454,769,845 $59,607,290,408
2014 $78,813,069,121 $65,531,374,210
2013 $75,527,558,966 $60,269,732,855
2012 $65,685,890,439 $59,937,796,648
2011 $61,762,382,328 $59,977,326,086
2010 $57,231,904,543 $49,540,813,342
2009 $50,873,167,326 $36,906,181,381
2008 $60,752,106,347 $31,862,554,102
2007 $45,275,711,996 $20,182,477,481
2006 $36,961,894,281 $14,502,553,710
2005 $30,210,091,837 $11,986,972,419
2004 $23,141,566,293 $10,567,354,056
2003 $17,825,444,724 $10,467,109,978
2002 $14,594,900,945 $6,777,632,512
2001 $12,354,820,144 $6,477,790,688
2000 $12,736,856,828 $8,905,066,164
1999 $12,138,486,532 $8,486,832,801
1998 $15,222,012,660 $6,459,461,639
1997 $14,128,408,566 $4,722,288,496
1996 $14,500,437,520 $6,123,556,717
1995 $13,972,683,274 $5,289,174,943
1994 $14,931,435,232 $4,432,257,174
1993 $16,275,073,527 $3,163,020,035
1992 $16,939,790,094 $2,411,552,289
1991 $18,404,907,975 $2,069,832,687
1990 $17,389,558,233 $2,115,193,513
1989 - $2,013,448,229
1988 - $1,541,088,312
1987 - $1,562,448,077
1986 - $1,582,873,750
1985 - $1,478,908,173
1984 - $1,304,063,253
1983 - $1,381,573,615
1982 - $1,481,165,468
1981 - $1,111,000,765
1980 - $1,038,225,167
1979 - $952,265,043
1978 - $935,408,775
1977 - $873,579,932
1976 - $1,204,699,849
1975 - $1,061,107,354
1974 - $1,225,589,878
1973 - $719,754,655
1972 - $662,213,083
1971 - $587,448,405
1970 - $563,555,631
1969 - $571,854,215
1968 - $559,956,130
1967 - $420,359,036
1966 - $293,103,479
1965 - $367,053,117
1964 - $411,419,906
1963 - $598,998,419
1962 - $634,528,872
1961 - $605,581,577
1960 - $545,098,448

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

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

GDP per capita in Belarus vs Myanmar by year

Belarus
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Belarus Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,318 $33,010 $1,359 $5,997
2023 $7,897 $30,834 $1,233 $5,953
2022 $7,995 $28,429 $1,158 $5,732
2021 $7,490 $27,611 $1,243 $5,178
2020 $6,543 $24,872 $1,490 $5,741
2019 $6,838 $22,302 $1,426 $6,101
2018 $6,360 $20,026 $1,298 $5,581
2017 $5,786 $18,414 $1,273 $4,706
2016 $5,040 $17,832 $1,229 $4,460
2015 $5,967 $18,134 $1,167 $4,459
2014 $8,341 $19,038 $1,293 $4,376
2013 $7,998 $19,014 $1,199 $4,144
2012 $6,953 $18,115 $1,203 $3,845
2011 $6,528 $16,563 $1,214 $3,579
2010 $6,035 $15,339 $1,011 $3,348
2009 $5,352 $14,034 $758 $3,040
2008 $6,376 $13,886 $658 $2,748
2007 $4,735 $12,320 $419 $2,459
2006 $3,848 $10,995 $303 $2,153
2005 $3,126 $9,637 $252.7 $1,860
2004 $2,378 $8,483 $224.5 $1,601
2003 $1,820 $7,362 $224.3 $1,385
2002 $1,479 $6,697 $146.6 $1,204
2001 $1,244 $6,238 $141.5 $1,069
2000 $1,276 $5,796 $196.6 $949
1999 $1,211 $5,331 $189.5 $825
1998 $1,511 $5,061 $146 $742
1997 $1,396 $4,596 $108 $702
1996 $1,427 $4,039 $141.9 $661
1995 $1,371 $3,846 $124.1 $618
1994 $1,460 $4,190 $105.4 $573
1993 $1,590 $4,641 $76.2 $529
1992 $1,658 $4,917 $58.9 $494
1991 $1,805 $5,330 $51.2 $447
1990 $1,707 $5,220 $53.1 $441
1989 - - $51.3 -
1988 - - $39.9 -
1987 - - $41.1 -
1986 - - $42.4 -
1985 - - $40.4 -
1984 - - $36.3 -
1983 - - $39.3 -
1982 - - $43 -
1981 - - $32.8 -
1980 - - $31.2 -
1979 - - $29.2 -
1978 - - $29.3 -
1977 - - $27.9 -
1976 - - $39.2 -
1975 - - $35.2 -
1974 - - $41.4 -
1973 - - $24.8 -
1972 - - $23.3 -
1971 - - $21.1 -
1970 - - $20.7 -
1969 - - $21.5 -
1968 - - $21.5 -
1967 - - $16.5 -
1966 - - $11.8 -
1965 - - $15.1 -
1964 - - $17.3 -
1963 - - $25.8 -
1962 - - $27.9 -
1961 - - $27.3 -
1960 - - $25.1 -

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

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

Belarus' GDP per capita is $8,318, ranking 92/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), Belarus ranks 68th at $33,010, while Myanmar ranks 153rd at $5,997.

Economic indicators

Belarus Myanmar
Gross domestic product
$76B
2024
$74.1B
2024
GDP rank
83/197
2024
85/197
2024
GDP growth
4.01%
2023-2024
-0.97%
2023-2024
GDP per capita
$8,318
2024
$1,359
2024
GDP per capita rank
92/197
2024
165/197
2024
GDP per capita, PPP
$33,010
2024
$5,997
2024
GDP per capita PPP rank
68/197
2024
153/197
2024
Government debt
$30.3B
2024
$44B
2024
Debt-to-GDP ratio
39.9%
2024
59.3%
2024
Government debt per person
$3,318
2024
$806
2024
Government debt per person rank
97/185
2024
150/185
2024
Average annual personal income after taxes
$7,345
2026
$1,646
2026
Market capitalization of domestic companies
$6.01B
2024
n/a
Income share by richest 10%
20.7%
2020
25.5%
2017
Income share by poorest 10%
4.5%
2020
3.8%
2017
Government expenditure, % of GDP
40.9%
2024
20.7%
2024
Consumer prices inflation
5.7%
2023-2024
8.83%
2018-2019
Central bank interest rate
9.75%
2025
n/a
Unemployment rate
3.04%
2024
1.48%
2020
Population
9013835
55292116

Spending and national debt comparison by year

Belarus
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
Belarus Myanmar
Government spending Government debt Government spending Government debt
2024 40.9% 39.9% 20.7% 59.3%
2023 40.3% 40.7% 21.4% 59.1%
2022 38% 40.8% 21.3% 56.1%
2021 36.7% 41.2% 20.9% 63.4%
2020 38% 47.5% 21.3% 49.1%
2019 37.4% 41% 20.5% 37.6%
2018 37.8% 47.5% 18.7% 39.9%
2017 39% 53.2% 19.7% 41.9%
2016 40.7% 53.5% 21.3% 35.7%
2015 41.8% 53% 23.7% 36.6%
2014 38.8% 38.8% 24.7% 34.5%
2013 40.8% 36.9% 23.9% 44.8%
2012 38.9% 36.9% 20% 48%
2011 40.3% 58.2% 15.6% 49.9%
2010 44.3% 36.8% 15.8% 54.4%
2009 51.7% 32.5% 14.4% 56.4%
2008 60% 20.3% 14.4% 59.8%
2007 49.2% 15.8% 15.7% 77.4%
2006 47.2% 12.3% 15.6% 103.1%
2005 45% 8.12% 14.6% 119%
2004 44% 9.22% 14.6% 126.6%
2003 43.5% - 14.3% 146%
2002 43.8% - 15.3% 190.6%
2001 42.4% - 19.1% 262%
2000 - - 21.4% 164.5%
1999 - - 22.8% 150.7%
1998 - - 25.2% 208.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

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

In 2024, Belarus' government spending was $31.1B, accounting for 40.9% of its GDP, while Myanmar spent $15.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 39.9% in Belarus and 59.3% in Myanmar, ranking 133/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Belarus

Myanmar
1x
Year Deficit/surplus, % of GDP
Belarus Myanmar
2024 1.05% -5.06%
2023 0.76% -5.18%
2022 -1.98% -2.82%
2021 -0.22% -2.47%
2020 -2.87% -6.5%
2019 0.91% -4.7%
2018 1.8% -2.77%
2017 -0.34% -3.42%
2016 -1.66% -2.53%
2015 -2.96% -4.33%
2014 0.09% -1.06%
2013 -0.98% -1.53%
2012 0.36% -2.7%
2011 -2.81% -4.82%
2010 -4.19% -5.4%
2009 -7.23% -3.55%
2008 -10.9% -2.73%
2007 -7.82% -3.52%
2006 -7.71% -3.42%
2005 -6.71% -3.49%
2004 -7.06% -4.62%
2003 -6.74% -4.24%
2002 -7.81% -4.01%
2001 -4.74% -6.34%
2000 - -6.03%
1999 - -4.46%
1998 - -4.89%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

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

In 2024, Belarus' government surplus, the difference between spending and revenue, was $796M, equivalent to 1.05% of GDP. This compares to Myanmar's deficit of $3.75B, or 5.06% of GDP.

Over the past 24 years, Belarus recorded a fiscal deficit in 18 of those years, while Myanmar ran a deficit in 24 years. On average, Belarus posted an annual deficit equal to 3.32% of GDP, compared to deficit of 3.8% of GDP for Myanmar.

Inflation comparison by year

Inflation
Belarus

Myanmar
1x
Year Consumer prices inflation
Belarus Myanmar
2024 5.7% -
2023 5% -
2022 15.2% -
2021 9.5% -
2020 5.5% -
2019 5.6% 8.83%
2018 4.9% 6.87%
2017 6% 4.57%
2016 11.8% 6.93%
2015 13.5% 9.45%
2014 18.1% 4.95%
2013 18.3% 5.64%
2012 59.2% 1.47%
2011 53.2% 5.02%
2010 7.7% 7.72%
2009 13% 1.47%
2008 14.8% 26.8%
2007 8.4% 35%
2006 7% 20%
2005 10.3% 9.37%
2004 18.1% 4.53%
2003 28.4% 36.6%
2002 42.6% 57.1%
2001 61.1% 21.1%
2000 168.6% -0.11%
1999 293.7% 18.4%
1998 73% 51.5%
1997 63.8% 29.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2019, retrieved 2026-04-06).

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

Over the past 23 years, Belarus has recorded an average annual inflation rate of 43.5%, compared with 16.2% in Myanmar. In 2019, inflation was 5.7% in Belarus and 8.83% in Myanmar.

Top exports between countries

Belarus
Export category Export value
Raw materials & minerals $6.13M
Machinery & equipment $452K
Transport & tourism services $182K
Processed food, beverages & tobacco $78K
Chemicals & pharma $8K
Textiles & consumer goods $6K
Manufacturing & construction services $2K
Metals $1K
Myanmar
Export category Export value
Raw agricultural goods $424K
Miscellaneous $137K
Textiles & consumer goods $53K

Balance of trade

Belarus Myanmar
Current account balance
-$1.94B
2024
$67.7M
2019
Current account balance ranking
142/190
2024
71/190
2019
Current account balance, % of GDP
-2.56%
2024
+0.09%
2019
Goods imports
$44.2B
2024
$13.7B
2019
Goods exports
$39.5B
2024
$10.8B
2019
Service imports
$6.82B
2024
$3.66B
2019
Service exports
$10.1B
2024
$6.68B
2019
Imports of goods and services, % of GDP
66.9%
2024
n/a
Exports of goods and services, % of GDP
65.1%
2024
24.3%
2025

Economic freedom indices

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

Belarus Myanmar
Economic freedom 49.1 44.5
Economic freedom ranking 166/197 180/197
Property rights 20 5.7
Government integrity 28.3 18.1
Judicial effectiveness 11.5 3.9
Tax burden 93.5 88.6
Government spending 52.6 86.6
Fiscal health 96.8 62.7
Business freedom 50.3 37.9
Labor freedom 48 53.2
Monetary freedom 69 57.5
Trade freedom 69.2 69.4
Investment freedom 30 30
Financial freedom 20 20

Economic freedom comparison by year

Belarus
Myanmar
1x
Year Economic freedom index
Belarus Myanmar
2026 49.1 44.5
2025 48.9 43.7
2024 48.4 42.2
2023 51 46.5
2022 53 49.6
2021 61 55.2
2020 61.7 54
2019 57.9 53.6
2018 58.1 53.9
2017 58.6 52.5
2016 48.8 48.7
2015 49.8 46.9
2014 50.1 46.5
2013 48 39.2
2012 49 38.7
2011 47.9 37.8
2010 48.7 36.7
2009 45 37.7
2008 45.3 39.5
2007 47 41
2006 47.5 40
2005 46.7 40.5
2004 43.1 43.6
2003 39.7 44.9
2002 39 45.5
2001 38 46.1
2000 41.3 47.9
1999 35.4 46.4
1998 38 45.7
1997 39.8 45.4
1996 38.7 45.1
1995 40.4 -

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

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

The Economic Freedom Index for Belarus is 49.1, ranking 166/197, compared to 44.5 for Myanmar, ranking 180/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Belarus Myanmar
Services, % of GDP
49.7%
2024
41.4%
2024
Industry, % of GDP
30.7%
2024
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
6.87%
2024
20.8%
2024
GNI, Atlas method
$75.4B
2024
$65.9B
2024
GNI per capita, PPP
$32,300
2024
$5,890
2024
Total reserves including gold
$8.91B
2024
$9.34B
2023
Total reserves ranking
82/177
2024
81/177
2023
Net foreign direct investment
-$1.57B
2024
-$1.74B
2019
Net inflows of foreign direct investment
$1.74B
2024
$1.1B
2024
Net outflows of foreign direct investment
$170M
2024
$0
2024
Servicing debt to the IMF, % of GNI
7.19%
2024
1.31%
2024
Poverty at national poverty lines
3.9%
2022
24.8%
2017
Gross capital formation, % of GDP
25.8%
2024
n/a

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/myanmar | 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 (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, 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.