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Belarus vs Singapore: Economic Indicators Comparison

Singapore with a GDP of $364.2B ranked the 36th largest economy in the world, while Belarus ranked 78th with $59.7B. By GDP 5-years average growth and GDP per capita, Singapore and Belarus ranked 76th vs 167th and 10th vs 97th, respectively.

Gross Domestic Product & Income

StatBelarusSingapore
GDP$59.7B$364.2B
GDP growth, 1 year3%3.2%
GDP growth, 5-years average0.2%3.3%
Population9.5M5.9M
GDP per capita$6.3k$65k
GDP per capita growth3.19%2.66%
Purchasing Power Parity conversion factor0.640.86
Price level ratio of PPP conversion factor GDP to market exchange rate0.310.64
GDP per capita, PPP adjusted$20k$100k
GNI, Atlas method$53.8B$331.4B
GNI per capita$5.7k$59k
GNI, PPP adjusted$182.5B$533.8B
GNI per capita, PPP adjusted$19k$95k

Financial system and Human development

StatBelarusSingapore
Income Tax Rate13%22%
Corporate Tax Rate18%17%
Inflation, consumer prices4.9%0.4%
Inflation, GDP deflator11.6%1.9%
Unemployment5.7%3.8%
Economic Freedom Index61.789.4
Personal Freedom Index6.247.44
Human Freedom Index6.168.1
Property Rights Index63.296.8
Judical Effectiveness Index48.492.9
Business Freedom Index76.492.8
Fiscal Health Index95.480
Labor Freedom Index74.890.9
Investment Freedom Index3085
Financial Freedom Index2080
Trade Freedom Index8294.8
Monetary Freedom Index69.885.6
Government Spending Index54.191.1
Tax Burden Index88.890.3
Government Integrity Index37.492.4
Corruption Perceptions Index4485
Life expectancy at birth, years74.182.9
Suicide mortality rate, per 100,000 people26.29.9
Mortality caused by road traffic injury, per 100,000 people8.92.8
Intentional homicides, per 100,000 people3.60.2
International tourism, number of arrivals11.5M14.7M

Government debt & reserves

StatBelarusSingapore
Central government debt, % of GDP47.8%108.3%
External debt stocks, % of GNI67.7%N/A
External debt stocks$38.8BN/A
Short-term debt, % of total reserves134.2%N/A
Total debt service, % of exports and primary income13.5%N/A
Adjusted net savings including particulate emission damage, % of GNI21.2%36.8%
Gross savings, % of GDP28.8%45.8%
Gross capital formation, % of GDP27.5%26.6%
Total reserves including gold$7.2B$292.7B
Foreign direct investment net inflows$1.4B$82B

Exports, imports and economic structure

StatBelarusSingapore
Exports of goods and services, % of GDP70.2%176.4%
Imports of goods and services, % of GDP69.1%149.8%
Current account balance (balance of payments)-$34.4M$65.1B
Revenue excluding grants, % of GDP29.5%18.8%
Grants excluding technical cooperation, BoP$56.2M$1.6M
Personal remittances received$1.4BN/A
Industry including construction value added, % of GDP31.5%25.2%
Agriculture, forestry and fishing value added, % of GDP6.4%0%
Charges for the use of intellectual property, payments BoP$178.6M$15.2B
Charges for the use of intellectual property, receipts BoP$66.1M$8.7B
Expense, % of GDP29.3%15.2%
Government Expenditure, % of GDP39.1%17.2%

Compare with countries close by GDP per capita

Belarus vs

CountryGDP
per capita
Population
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
15.7M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
15.5M

Singapore vs

CountryGDP
per capita
Population
Monaco
$186k
37.8k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k