Government Spending in Belarus decreased to 4682.60 BYN Million in the first quarter of 2021 from 4880.80 BYN Million in the fourth quarter of 2020. source: National Statistical Committee of the Republic of Belarus

Government Spending in Belarus averaged 2952.84 BYN Million from 2014 until 2021, reaching an all time high of 4880.80 BYN Million in the fourth quarter of 2020 and a record low of 2690.20 BYN Million in the fourth quarter of 2018. This page provides - Belarus Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belarus Government Spending - values, historical data and charts - was last updated on July of 2021.

Government Spending in Belarus is expected to be 2771.00 BYN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Belarus to stand at 4983.00 in 12 months time. In the long-term, the Belarus Government Spending is projected to trend around 5063.00 BYN Million in 2022 and 5144.00 BYN Million in 2023, according to our econometric models.

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Belarus Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
4682.60 4880.80 4880.80 2690.20 2014 - 2021 BYN Million Quarterly
Constant Prices 2014, NSA

Belarus Government Last Previous Highest Lowest Unit
Government Debt to GDP 37.30 33.70 39.30 1.60 percent of GDP [+]
Government Budget -2.60 2.30 3.80 -2.60 percent of GDP [+]
Government Budget Value -193916.90 1079268.00 1885464.00 -1714213.10 BYN Thousand [+]
Government Spending 4682.60 4880.80 4880.80 2690.20 BYN Million [+]
Government Revenues 3240270.50 4871621.80 4871621.80 134939.50 BYN Thousand [+]
Government Debt 57382119.60 58080145.20 59707969.70 264579.60 BYN Thousand [+]
Fiscal Expenditure 3434187.40 3792353.70 5192303.30 110341.30 BYN Thousand [+]
Military Expenditure 785.00 774.00 785.00 110.00 USD Million [+]
Credit Rating 28.00 [+]


Belarus Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.