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Economy of Belarus vs Syria compared: GDP & Debt

Updated on by Georank

Belarus has a GDP of $93.4B compared to $20B for Syria, ranking 80/197 and 134/197 by economy size, respectively.

Belarus has $30.9B in government debt (33.1% of GDP), compared to $18.4B (30% of GDP) in Syria.

Belarus vs Syria GDP by year

Belarus
Syria
1x
Year GDP, current $
Belarus Syria
2025 $93,397,215,864 -
2024 $78,591,839,300 -
2023 $72,478,760,370 $19,993,439,950
2022 $73,775,179,925 $23,737,634,644
2021 $69,673,747,132 $14,892,885,528
2020 $61,371,673,345 $12,501,503,673
2019 $64,410,170,653 $22,583,046,645
2018 $60,031,026,576 $21,497,779,248
2017 $54,725,405,751 $16,369,842,725
2016 $47,723,545,321 $12,597,854,088
2015 $56,454,769,845 $16,466,861,435
2014 $78,813,069,121 $21,502,061,466
2013 $75,527,558,966 $21,361,254,635
2012 $65,685,890,439 $43,190,318,033
2011 $61,762,382,328 $67,539,433,544
2010 $57,231,904,543 $61,390,833,273
2009 $50,873,167,326 $54,111,721,044
2008 $60,752,106,347 $52,557,913,397
2007 $45,275,711,996 $40,465,331,020
2006 $36,961,894,281 $33,751,812,959
2005 $30,210,091,837 $28,858,937,499
2004 $23,141,566,293 $25,086,910,448
2003 $17,825,444,724 $21,828,144,686
2002 $14,594,900,945 $20,786,986,580
2001 $12,354,820,144 $20,078,599,626
2000 $12,736,856,828 $18,937,031,610
1999 $12,138,486,532 $15,873,875,969
1998 $15,222,012,660 $15,200,846,154
1997 $14,128,408,566 $14,505,233,463
1996 $14,500,437,520 $13,789,560,878
1995 $13,972,683,274 $11,396,706,587
1994 $14,931,435,232 $10,122,020,000
1993 $16,275,073,527 $13,695,962,055
1992 $16,939,790,094 $13,253,565,861
1991 $18,404,907,975 $12,981,833,333
1990 $17,389,558,233 $12,308,624,418
1989 - $9,853,395,762
1988 - $10,577,041,645
1987 - $11,356,215,543
1986 - $13,293,205,278
1985 - $16,403,539,893
1984 - $17,503,078,174
1983 - $17,589,277,143
1982 - $16,298,929,011
1981 - $15,518,201,335
1980 - $13,062,420,382
1979 - $9,929,681,529
1978 - $9,275,200,458
1977 - $7,696,011,396
1976 - $7,633,528,867
1975 - $6,826,980,444
1974 - $5,159,557,148
1973 - $3,239,487,516
1972 - $3,059,681,698
1971 - $2,589,851,325
1970 - $2,140,384,010
1969 - $2,245,011,515
1968 - $1,753,746,430
1967 - $1,580,229,799
1966 - $1,342,287,553
1965 - $1,472,036,540
1964 - $1,339,494,267
1963 - $1,200,447,408
1962 - $1,110,565,881
1961 - $945,244,972
1960 - $857,704,413

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

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

GDP per capita in Belarus vs Syria by year

Belarus
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Belarus Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,279 - - -
2024 $8,606 $33,010 - -
2023 $7,897 $30,834 $847 $4,650
2022 $7,995 $28,429 $1,057 $4,772
2021 $7,490 $27,611 $689 $4,593
2020 $6,543 $24,872 $594 $3,738
2019 $6,838 $22,302 $1,110 $3,502
2018 $6,360 $20,026 $1,098 $3,456
2017 $5,786 $18,414 $852 $3,265
2016 $5,040 $17,832 $656 -
2015 $5,967 $18,134 $848 -
2014 $8,341 $19,038 $1,061 -
2013 $7,998 $19,014 $986 -
2012 $6,953 $18,115 $1,898 -
2011 $6,528 $16,563 $2,952 -
2010 $6,035 $15,339 $2,731 -
2009 $5,352 $14,034 $2,462 -
2008 $6,376 $13,886 $2,429 -
2007 $4,735 $12,320 $1,938 -
2006 $3,848 $10,995 $1,719 -
2005 $3,126 $9,637 $1,534 -
2004 $2,378 $8,483 $1,368 -
2003 $1,820 $7,362 $1,220 -
2002 $1,479 $6,697 $1,190 -
2001 $1,244 $6,238 $1,178 -
2000 $1,276 $5,796 $1,138 -
1999 $1,211 $5,331 $978 -
1998 $1,511 $5,061 $961 -
1997 $1,396 $4,596 $941 -
1996 $1,427 $4,039 $918 -
1995 $1,371 $3,846 $780 -
1994 $1,460 $4,190 $712 -
1993 $1,590 $4,641 $993 -
1992 $1,658 $4,917 $990 -
1991 $1,805 $5,330 $1,000 -
1990 $1,707 $5,220 $978 -
1989 - - $809 -
1988 - - $898 -
1987 - - $997 -
1986 - - $1,208 -
1985 - - $1,544 -
1984 - - $1,706 -
1983 - - $1,776 -
1982 - - $1,703 -
1981 - - $1,676 -
1980 - - $1,458 -
1979 - - $1,146 -
1978 - - $1,108 -
1977 - - $951 -
1976 - - $976 -
1975 - - $904 -
1974 - - $707 -
1973 - - $459 -
1972 - - $448 -
1971 - - $393 -
1970 - - $335 -
1969 - - $364 -
1968 - - $293.3 -
1967 - - $272.9 -
1966 - - $239.3 -
1965 - - $270.8 -
1964 - - $254.2 -
1963 - - $234.9 -
1962 - - $223.9 -
1961 - - $196.3 -
1960 - - $183.5 -

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

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

Belarus' GDP per capita is $10,279, ranking 88/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), Belarus ranks 68th at $33,010, while Syria ranks 160th at $4,650.

Economic indicators

Belarus Syria
Gross domestic product
$93.4B
2025
$20B
2023
GDP rank
80/197
2025
134/197
2023
GDP growth
1.3%
2024-2025
-1.85%
2022-2023
GDP per capita
$10,279
2025
$847
2023
GDP per capita rank
88/197
2025
185/197
2023
GDP per capita, PPP
$33,010
2024
$4,650
2023
GDP per capita PPP rank
68/197
2024
160/197
2023
Government debt
$30.9B
2025
$18.4B
2010
Debt-to-GDP ratio
33.1%
2025
30%
2010
Government debt per person
$3,399
2025
$820
2010
Government debt per person rank
98/185
2025
150/185
2010
Average annual personal income after taxes
$8,062
2026
$693
2026
Market capitalization of domestic companies
$5.54B
2025
n/a
Income share by richest 10%
20.7%
2020
20.9%
2022
Income share by poorest 10%
4.5%
2020
3.8%
2022
Government expenditure, % of GDP
41.3%
2025
28.6%
2010
Consumer prices inflation
6.6%
2024-2025
13.4%
2018-2019
Central bank interest rate
9.25%
2026
n/a
Unemployment rate
3.04%
2024
14.9%
2011
Population
9025821
26956472

Spending and national debt comparison by year

Belarus
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Belarus Syria
Government spending Government debt Government spending Government debt
2025 41.3% 33.1% - -
2024 40.8% 38.7% - -
2023 40.3% 40.7% - -
2022 38% 40.8% - -
2021 36.7% 41.2% - -
2020 38% 47.5% - -
2019 37.4% 41% - -
2018 37.8% 47.5% - -
2017 39% 53.2% - -
2016 40.7% 53.5% - -
2015 41.8% 53% - -
2014 38.8% 38.8% - -
2013 40.8% 36.9% - -
2012 38.9% 36.9% - -
2011 40.3% 58.2% - -
2010 44.3% 36.8% 28.6% 30%
2009 51.7% 32.5% 26.7% 31.2%
2008 60% 20.3% 22.9% 37.3%
2007 49.2% 15.8% 25.7% 42.7%
2006 47.2% 12.3% 26.3% 45%
2005 45% 8.12% 28.2% 50.7%
2004 44% 9.22% 31.3% 113%
2003 43.5% - 32.6% 133.4%
2002 43.8% - 28.5% 132.4%
2001 42.4% - 28% 144.5%
2000 - - 27.4% 152.1%
1999 - - 28% 147.7%
1998 - - 28.8% 151.2%
1997 - - 29% 147.6%
1996 - - 27.7% 141.5%
1995 - - 29.8% 152.6%
1994 - - 30.3% 163%
1993 - - 29.4% 171.9%
1992 - - 34.2% 173.6%
1991 - - 34.3% 182.4%
1990 - - 28.3% 189.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Belarus' government spending was $38.6B, accounting for 41.3% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 33.1% in Belarus and 30% in Syria, ranking 148/185 and 155/185, respectively.

Government deficit by year

Deficit/surplus
Belarus

Syria
1x
Year Deficit/surplus, % of GDP
Belarus Syria
2025 0.15% -
2024 0.54% -
2023 0.76% -
2022 -1.98% -
2021 -0.22% -
2020 -2.87% -
2019 0.91% -
2018 1.8% -
2017 -0.34% -
2016 -1.66% -
2015 -2.96% -
2014 0.09% -
2013 -0.98% -
2012 0.36% -
2011 -2.81% -
2010 -4.19% -7.79%
2009 -7.23% -2.89%
2008 -10.9% -2.86%
2007 -7.82% -2.99%
2006 -7.71% -1.12%
2005 -6.71% -4.41%
2004 -7.06% -4.18%
2003 -6.74% -2.7%
2002 -7.81% -2.02%
2001 -4.74% 2.3%
2000 - -1.36%
1999 - -1.47%
1998 - -2.81%
1997 - -1.78%
1996 - -2.83%
1995 - -3.81%
1994 - -6%
1993 - -4.96%
1992 - -7.26%
1991 - -6.57%
1990 - -3.92%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2010, Belarus' government deficit, the difference between spending and revenue, was $2.4B, equivalent to 4.19% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 10 years, Belarus recorded a fiscal deficit in 10 of those years, while Syria ran a deficit in 9 years. On average, Belarus posted an annual deficit equal to 7.09% of GDP, compared to deficit of 2.87% of GDP for Syria.

Inflation comparison by year

Inflation
Belarus

Syria
1x
Year Consumer prices inflation
Belarus Syria
2025 6.6% -
2024 5.7% -
2023 5% -
2022 15.2% -
2021 9.5% -
2020 5.5% -
2019 5.6% 13.4%
2018 4.9% 0.94%
2017 6% 18.1%
2016 11.8% 47.7%
2015 13.5% 38.5%
2014 18.1% 10.9%
2013 18.3% 40%
2012 59.2% 36.7%
2011 53.2% 4.75%
2010 7.7% 4.4%
2009 13% 2.92%
2008 14.8% 15.7%
2007 8.4% 3.91%
2006 7% 10%
2005 10.3% 7.24%
2004 18.1% 4.43%
2003 28.4% 5.8%
2002 42.6% -0.13%
2001 61.1% 3%
2000 168.6% -3.85%
1999 293.7% -3.7%
1998 73% -0.8%
1997 63.8% 1.89%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2019, retrieved 2026-07-08).

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

Over the past 23 years, Belarus has recorded an average annual inflation rate of 43.5%, compared with 11.4% in Syria. In 2019, inflation was 6.6% in Belarus and 13.4% in Syria.

Top exports between countries

Belarus
Export category Export value
Animal & marine products $2.93M
Chemicals & pharma $707K
Processed food, beverages & tobacco $482K
Wood & paper products $176K
Raw agricultural goods $91K
Machinery & equipment $86K
Raw materials & minerals $3K
Syria
Export category Export value
Raw materials & minerals $4.5M
Textiles & consumer goods $177K
Processed food, beverages & tobacco $84K
Raw agricultural goods $71K
Metals $61K
Machinery & equipment $19K
Miscellaneous $11K
Wood & paper products $4K

Balance of trade

Belarus Syria
Current account balance
-$1.82B
2025
-$367M
2010
Current account balance ranking
137/190
2025
99/190
2010
Current account balance, % of GDP
-1.94%
2025
-0.6%
2010
Goods imports
$46B
2025
$15.9B
2010
Goods exports
$40B
2025
$12.3B
2010
Service imports
$7.55B
2025
$3.53B
2010
Service exports
$11.7B
2025
$7.33B
2010
Imports of goods and services, % of GDP
57%
2025
28.7%
2022
Exports of goods and services, % of GDP
55.1%
2025
6.78%
2022

Economic freedom indices

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

Belarus Syria
Economic freedom 49.1 51.2
Economic freedom ranking 166/197 155/197
Property rights 20 4
Government integrity 28.3 3.6
Judicial effectiveness 11.5 3.7
Tax burden 93.5 87.3
Government spending 52.6 78.5
Fiscal health 96.8 13.8
Business freedom 50.3 33.8
Labor freedom 48 37.2
Monetary freedom 69 80
Trade freedom 69.2 47
Investment freedom 30 0
Financial freedom 20 20

Economic freedom comparison by year

Belarus
Syria
1x
Year Economic freedom index
Belarus Syria
2026 49.1 -
2025 48.9 -
2024 48.4 -
2023 51 -
2022 53 -
2021 61 -
2020 61.7 -
2019 57.9 -
2018 58.1 -
2017 58.6 -
2016 48.8 -
2015 49.8 -
2014 50.1 -
2013 48 -
2012 49 51.2
2011 47.9 51.3
2010 48.7 49.4
2009 45 51.3
2008 45.3 47.2
2007 47 48.3
2006 47.5 51.2
2005 46.7 46.3
2004 43.1 40.6
2003 39.7 41.3
2002 39 36.3
2001 38 36.6
2000 41.3 37.2
1999 35.4 39
1998 38 42.2
1997 39.8 43
1996 38.7 42.3
1995 40.4 -

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

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

The Economic Freedom Index for Belarus is 49.1, ranking 166/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Belarus Syria
Services, % of GDP
50%
2025
44.7%
2022
Industry, % of GDP
31.6%
2025
11.9%
2022
Agriculture, forestry, and fishing, % of GDP
6.9%
2025
42.9%
2022
GNI, Atlas method
$83.3B
2025
$18.2B
2023
GNI per capita, PPP
$34,310
2025
$4,480
2023
Total reserves including gold
$14.5B
2025
$20.6B
2010
Total reserves ranking
72/177
2025
66/177
2010
Net foreign direct investment
-$1.43B
2025
-$1.47B
2010
Net inflows of foreign direct investment
$1.74B
2024
$0
2024
Net outflows of foreign direct investment
$170M
2024
$0
2024
Servicing debt to the IMF, % of GNI
6.94%
2024
0.15%
2023
Poverty at national poverty lines
3.5%
2024
35.2%
2007
Gross capital formation, % of GDP
27.1%
2025
16%
1969

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/syria | CC BY

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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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2010–2021, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. 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.