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Belarus – Trade Balance

Name: Belarus Trade Balance
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services in current US dollars. Positive values indicate a trade surplus; negative values indicate a deficit. · World Bank

$-1.4B −$1.7B from 2023 G20 rank: 60th · all-time high: $4.5B (2022)

Belarus's trade balance was $-1.4B in 2024, a decrease of +$1.7B from $339.8M in 2023. This ranked 60th in the G20. The all-time high was $4.5B in 2022.

APA

Belarus Trade Balance. HistorySaid. Retrieved March 11, 2026, from https://historysaid.com/belarus/trade-balance

BibTeX

@misc{historysaid_belarus_trade-balance,
  title = {Belarus Trade Balance},
  url = {https://historysaid.com/belarus/trade-balance},
  publisher = {HistorySaid},
  year = {2026}
}

Data & Projection▾

Belarus Trade Balance – Historical Data
Year	Value	Change	Rank
2027* trend	$-3.2B	–	–
2026* trend	$-2.2B	–	–
2025* trend	$-1.2B	–	–
2024	$-1.4B	−$1.7B	60th
2023	$339.8M	−$4.1B	104th
2022	$4.5B	+$548.1M	139th
2021	$3.9B	+$2.0B	135th
2020	$1.9B	+$2.3B	133rd
2019	$-425.9M	−$1.3B	79th
2018	$910.3M	+$794.6M	125th
2017	$115.7M	+$206.7M	111th
2016	$-91.0M	−$151.2M	105th
2015	$60.2M	+$666.6M	124th
2014	$-606.4M	+$1.8B	86th
2013	$-2.4B	−$5.3B	54th
2012	$2.9B	+$3.6B	133rd
2011	$-644.5M	+$6.9B	88th
2010	$-7.5B	−$2.0B	21st
2009	$-5.5B	−$843.9M	20th
2008	$-4.7B	−$1.9B	33rd
2007	$-2.8B	−$1.3B	39th
2006	$-1.5B	−$1.8B	48th
2005	$214.9M	+$1.7B	115th
2004	$-1.5B	−$790.1M	38th
2003	$-682.6M	−$135.7M	50th
2002	$-546.9M	−$108.3M	52nd
2001	$-438.6M	−$32.6M	57th
2000	$-406.0M	−$111.2M	63rd
1999	$-294.8M	+$444.3M	71st
1998	$-739.1M	+$79.8M	55th
1997	$-818.9M	−$228.0M	43rd
1996	$-590.9M	+$22.2M	53rd
1995	$-613.1M	+$1.3B	48th
1994	$-1.9B	+$644.4M	18th
1993	$-2.6B	−$2.9B	17th
1992	$368.3M	+$368.3M	104th
1991	$0	−$401.6M	96th
1990	$401.6M	–	98th

Show all years (1990–2024)

* Linear trend extrapolation from last 5 data points

Detected Pattern▾

Fiscal Dominance Trap

Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.

Inflation 15.2% Real rate -1.9%

This pattern occurred 329 times in G20 history, 239 successful

Angola 2024

Inflation

28.2%

Real rate

-4.2%

Argentina 2024

Inflation

219.9%

Real rate

-47.4%

Egypt, Arab Republic of 2024

Inflation

28.3%

Real rate

-7.0%

South Sudan 2024

Inflation

91.4%

Real rate

-26.9%

Angola 2023

Inflation

13.6%

Real rate

-0.9%

Argentina 2023

Inflation

133.5%

Real rate

-17.3%

HistorySaid – pattern alert

Belarus matched the Fiscal Dominance Trap pattern in 2022. Historically, 73% of countries showing this pattern (239 out of 329) saw trade balance improve within 24 months. View full analysis →