Belarus Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Belarus's gross savings was 24.07% in 2025, ranked 62nd globally. This represents a 2.2% increase from 2024. Data from World Bank, covering 1993–2025.
Overview
Belarus's gross savings stood at 24.07% in 2025, a rise of +0.53% from 2024. The IMF projects 24.07% by 2025. Belarus ranked 62nd globally.
Belarus’ gross savings ratio has drifted modestly over the 33‑year series, falling from an early‑period high of 25.70 in 1993 to a low of 20.11 in 1994 before reaching an all‑time peak of 32.72 in 2011, the year that marked the apex of post‑Soviet fiscal consolidation. By 2025 the indicator stood at 24.07, placing the country 62nd in the world and just below peers such as Estonia (24.17) and Malta (24.24). The post‑peak decline reflects a combination of slower economic growth, higher consumption and a gradual shift toward external financing, which has limited the capacity to retain a larger share of national income. While the savings rate remains above the trough level of the mid‑1990s, it is still well short of the 2011 high, suggesting that without structural reforms to boost investment returns and improve fiscal balances, the ratio is likely to hover near the current plateau rather than resume its earlier ascent.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 23.55% | - | - |
| 2029* IMF | 23.34% | - | - |
| 2028* IMF | 22.95% | - | - |
| 2027* IMF | 22.55% | - | - |
| 2026* IMF | 22.71% | - | - |
| 2025* IMF | 24.07% | - | - |
| 2025 | 24.07% | +0.53% | #62 |
| 2024 | 23.54% | +0.42% | #83 |
| 2023 | 26.56% | +1.55% | #61 |
| 2022 | 26.43% | −1.63% | #64 |
| 2021 | 29.66% | +2.50% | #47 |
| 2020 | 27.47% | +0.25% | #49 |
| 2019 | 27.82% | −0.29% | #61 |
| 2018 | 29.16% | +2.87% | #51 |
| 2017 | 28.02% | +4.92% | #53 |
| 2016 | 26.40% | +0.62% | #49 |
| 2015 | 28.91% | +0.71% | #36 |
| 2014 | 27.47% | −1.31% | #47 |
| 2013 | 28.44% | −3.82% | #45 |
| 2012 | 31.24% | +2.25% | #42 |
| 2011 | 32.72% | +6.54% | #39 |
Detected Pattern
Analysis
Belarus matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Belarus's gross savings was 24.07% in 2025. Ranked 62nd globally. This represents a 2.2% increase from the previous year.
Belarus's gross savings peaked at 32.72% in 2011.
The lowest gross savings in Belarus was 20.11% in 1994.
Belarus ranks 62nd globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Belarus's gross savings is projected to reach 24.07% by 2025 based on IMF projection.
The gross savings of Belarus in 2025 was 24.07%. This ranks 62nd in the world.
Cite this page
@misc{historysaid_belarus_gross-savings,
title = {Belarus Gross Savings},
url = {https://historysaid.com/belarus/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}