Interest payments in Belarus
Belarus: Interest payments was 5.4% in 2023. ◆ Volatile
Interest payments in Belarus, 1992–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Belarus recorded 5.4% for interest payments in 2023.
That represents a change of up 67.2% on the previous year and up 87.9% over ten years.
Over the whole period, interest payments in Belarus peaked at 6.2% in 2018 and was at its lowest, 0.7%, in 1994.
That places Belarus 88th out of 152 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Belarus, year by year
| Year | % of expense | Change |
|---|---|---|
| 1992 | 2.1% | — |
| 1993 | 2.1% | +4.3% |
| 1994 | 0.7% | -65.8% |
| 1995 | 0.8% | +12.7% |
| 1996 | 2.3% | +178.2% |
| 1997 | 2.4% | +3.1% |
| 1998 | 2.8% | +17.6% |
| 1999 | 2.4% | -15.6% |
| 2000 | 3.3% | +37.9% |
| 2001 | 2.6% | -18.8% |
| 2002 | 2.2% | -16.5% |
| 2003 | 1.8% | -19.2% |
| 2004 | 1.6% | -10.3% |
| 2005 | 1.1% | -28.2% |
| 2006 | 1.0% | -9.5% |
| 2007 | 1.0% | -1.8% |
| 2008 | 1.6% | +54.1% |
| 2009 | 2.2% | +41.2% |
| 2010 | 1.8% | -20.7% |
| 2011 | 3.3% | +86.0% |
| 2012 | 4.0% | +21.2% |
| 2013 | 2.9% | -27.7% |
| 2014 | 3.3% | +14.4% |
| 2015 | 5.3% | +62.5% |
| 2016 | 6.2% | +16.0% |
| 2017 | 6.1% | -2.2% |
| 2018 | 6.2% | +2.9% |
| 2019 | 5.6% | -9.8% |
| 2020 | 5.2% | -7.7% |
| 2021 | 4.9% | -4.8% |
| 2022 | 3.2% | -34.7% |
| 2023 | 5.4% | +67.2% |
Belarus compared with similar countries
- Belarus's 5.4% is below the median for upper middle income countries, which is 8.8%, 62% of the median. (47 countries reporting)
- Belarus's 5.4% is above the median for Europe & Central Asia, which is 3.3%, 1.6× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Interest payments in Belarus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +178.2% | 0.8% | 2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.0% | 0.7% | 2.8% | 8 |
| 2000s | 1.8% | 1.0% | 3.3% | 10 |
| 2010s | 4.5% | 1.8% | 6.2% | 10 |
| 2020s | 4.7% | 3.2% | 5.4% | 4 |
Countries ranked near Belarus
More public sector data for Belarus
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 1 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Belarus?
- Interest payments in Belarus was 5.4% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Belarus?
- The highest recorded value was 6.2% in 2018.
- What is the lowest interest payments recorded in Belarus?
- The lowest recorded value was 0.7% in 1994.
- How does Belarus rank for interest payments?
- Belarus ranks 88th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Belarus?
- Over the last ten years it is up 87.9%. The long-run trend across the full record is volatile.
- Where does this Belarus data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.