Belarus vs Ukraine: Economic Indicators Comparison

Ukraine with a GDP of $130.8B ranked the 59th largest economy in the world, while Belarus ranked 78th with $59.7B. By GDP 5-years average growth and GDP per capita, Ukraine and Belarus ranked 176th vs 167th and 135th vs 97th, respectively.

Gross Domestic Product & Income

StatBelarusUkraine
GDP$59.7B$130.8B
GDP growth, 1 year3%3.3%
GDP growth, 5-years average0.2%-1.6%
Population9.4M42.6M
GDP per capita$6.3k$3.1k
GDP per capita growth3.19%3.86%
Purchasing Power Parity conversion factor0.649.1
Price level ratio of PPP conversion factor GDP to market exchange rate0.310.33
GDP per capita, PPP adjusted$20k$9.3k
GNI, Atlas method$53.8B$112.5B
GNI per capita$5.7k$2.7k
GNI, PPP adjusted$182.5B$381.8B
GNI per capita, PPP adjusted$19k$9k

Financial system and Human development

StatBelarusUkraine
Income Tax Rate13%20%
Corporate Tax Rate18%18%
Inflation, consumer prices4.9%10.9%
Inflation, GDP deflator11.6%15.4%
Unemployment5.7%9.4%
Economic Freedom Index61.754.9
Personal Freedom Index6.247.73
Human Freedom Index6.166.81
Property Rights Index63.247.5
Judical Effectiveness Index48.442.2
Business Freedom Index76.461.3
Fiscal Health Index95.483.9
Labor Freedom Index74.848.3
Investment Freedom Index3035
Financial Freedom Index2030
Trade Freedom Index8281.2
Monetary Freedom Index69.863
Government Spending Index54.147.2
Tax Burden Index88.881.1
Government Integrity Index37.437.9
Corruption Perceptions Index4432
Life expectancy at birth, years74.171.8
Suicide mortality rate, per 100,000 people26.222.4
Mortality caused by road traffic injury, per 100,000 people8.913.7
Intentional homicides, per 100,000 people3.66.2
International tourism, number of arrivals11.5M14.1M

Government debt & reserves

StatBelarusUkraine
Central government debt, % of GDP47.8%63.9%
External debt stocks, % of GNI67.7%89.6%
External debt stocks$38.8B$114.5B
Short-term debt, % of total reserves134.2%99.4%
Total debt service, % of exports and primary income13.5%20.7%
Adjusted net savings including particulate emission damage, % of GNI21.2%3.5%
Gross savings, % of GDP28.8%10.6%
Gross capital formation, % of GDP27.5%18.8%
Total reserves including gold$7.2B$20.8B
Foreign direct investment net inflows$1.4B$2.5B

Exports, imports and economic structure

StatBelarusUkraine
Exports of goods and services, % of GDP70.2%45.2%
Imports of goods and services, % of GDP69.1%53.8%
Current account balance (balance of payments)-$34.4M-$4.4B
Revenue excluding grants, % of GDP29.5%32.1%
Grants excluding technical cooperation, BoP$56.2M$781.4M
Personal remittances received$1.4B$14.7B
Industry including construction value added, % of GDP31.5%23.3%
Agriculture, forestry and fishing value added, % of GDP6.4%10.1%
Charges for the use of intellectual property, payments BoP$178.6M$592M
Charges for the use of intellectual property, receipts BoP$66.1M$92M
Expense, % of GDP29.3%33.4%
Government Expenditure, % of GDP39.1%42%

Compare with countries close by GDP per capita

Belarus vs

CountryGDP
per capita
Population
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M

Ukraine vs

CountryGDP
per capita
Population
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B