What was Belarus's Trade (% of GDP) in 2024?

In 2024, Belarus's Trade (% of GDP) was 131.92, according to World Bank Open Data.

Is Belarus's Trade (% of GDP) rising or falling?

Belarus's Trade (% of GDP) rose 0.3% from 2023 to 2024.

How does Belarus rank globally on Trade (% of GDP)?

In 2024, Belarus ranked #32 out of 160 countries reporting Trade (% of GDP).

How does Belarus's Trade (% of GDP) compare to the world average?

The global average for Trade (% of GDP) in 2024 was 92.19, so Belarus is above the world average. Within Europe & Central Asia, it ranks #15 of 49.

Belarus: Trade (% of GDP)

Name: Belarus: Trade (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2024, Belarus's Trade (% of GDP) was 131.92.

That's up 0.3% from 2023, the highest value since 2021.

The global average for this indicator in 2024 was 92.19 . Belarus ranks #32 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #15 of 49.

Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024

Trend (2005–2024)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse
2022 · Russia–Ukraine war begins

Highlights

Peak: 157.97; 2011
Trough: 108.64; 2009
1-year change: +0.3%
5-year change: +0.8%; +0.2% / yr
10-year change: +19.2%; +1.8% / yr

Historical Data — Last 10 Years

Year	Trade (% of GDP)
2024	131.9179
2023	131.5847
2022	120.0242
2021	136.0142
2020	118.9342
2019	130.8504
2018	139.3937
2017	133.3678
2016	125.2093
2015	115.9148

About Trade (% of GDP)

Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.TRD.GNFS.ZS • Category: Economy

Frequently asked questions

What was Belarus's Trade (% of GDP) in 2024?: In 2024, Belarus's Trade (% of GDP) was 131.92, according to World Bank Open Data.
Is Belarus's Trade (% of GDP) rising or falling?: Belarus's Trade (% of GDP) rose 0.3% from 2023 to 2024.
How does Belarus rank globally on Trade (% of GDP)?: In 2024, Belarus ranked #32 out of 160 countries reporting Trade (% of GDP).
How does Belarus's Trade (% of GDP) compare to the world average?: The global average for Trade (% of GDP) in 2024 was 92.19, so Belarus is above the world average. Within Europe & Central Asia, it ranks #15 of 49.
What is Trade (% of GDP) and how is it measured?: Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

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Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.