Government Budget in Belarus decreased to 2.30 percent of GDP in 2019 from 3.80 percent of GDP in 2018. source: Ministry of Economy of the Republic of Belarus

Government Budget in Belarus averaged 0.56 percent of GDP from 1998 until 2019, reaching an all time high of 3.80 percent of GDP in 2018 and a record low of -2.60 percent of GDP in 2010. This page provides - Belarus Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belarus Government Budget - values, historical data and charts - was last updated on May of 2021.

Government Budget in Belarus is expected to reach -2.10 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belarus Government Budget is projected to trend around -1.30 percent of GDP in 2022 and 0.20 percent of GDP in 2023, according to our econometric models.

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Belarus Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
2.30 3.80 3.80 -2.60 1998 - 2019 percent of GDP Yearly

Belarus Government Last Previous Highest Lowest Unit
Government Debt to GDP 30.90 28.50 31.80 1.30 percent [+]
Government Budget 2.30 3.80 3.80 -2.60 percent of GDP [+]
Government Budget Value -472048.50 -824677.60 1885464.00 -1714213.10 BYN Thousand [+]
Government Spending 4880.80 4770.60 4880.80 2690.20 BYN Million [+]
Government Revenues 3086546.20 2701314.00 4721496.50 134939.50 BYN Thousand [+]
Government Debt 59320636.20 59464082.20 59707969.70 264579.60 BYN Thousand [+]
Fiscal Expenditure 3558594.70 3525991.50 4672329.50 110341.30 BYN Thousand [+]
Military Expenditure 760.00 715.00 760.00 107.00 USD Million [+]
Credit Rating 28.00 [+]

Belarus Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.