Real interest rate in Belarus
Belarus: Real interest rate was 0.0% in 2025. ◆ Volatile
Real interest rate in Belarus, 1992–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for real interest rate in Belarus is 0.0%, measured in 2025.
That represents a change of up 101.4% on the previous year and down 98.5% over ten years.
Over the whole period, real interest rate in Belarus peaked at 5.6% in 1996 and was at its lowest, -89.3%, in 1992.
That places Belarus 126th out of 149 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Real interest rate in Belarus, year by year
| Year | % | Change |
|---|---|---|
| 1992 | -89.3% | — |
| 1993 | -85.2% | -4.6% |
| 1994 | -87.9% | +3.1% |
| 1995 | -63.9% | -27.3% |
| 1996 | 5.6% | -108.8% |
| 1997 | -23.2% | -514.0% |
| 1998 | -28.1% | +21.0% |
| 1999 | -63.8% | +127.0% |
| 2000 | -41.2% | -35.3% |
| 2001 | -18.1% | -56.0% |
| 2002 | -5.5% | -69.5% |
| 2003 | -5.1% | -7.1% |
| 2004 | -4.7% | -8.4% |
| 2005 | -6.4% | +36.1% |
| 2006 | -1.7% | -73.1% |
| 2007 | -3.8% | +121.1% |
| 2008 | -10.4% | +174.4% |
| 2009 | 2.2% | -121.2% |
| 2010 | -1.9% | -186.2% |
| 2011 | -33.5% | +1655.8% |
| 2012 | -31.8% | -5.0% |
| 2013 | -1.8% | -94.5% |
| 2014 | 0.5% | -126.5% |
| 2015 | 1.8% | +282.4% |
| 2016 | 5.6% | +214.8% |
| 2017 | 1.0% | -83.0% |
| 2018 | -3.1% | -422.1% |
| 2019 | 0.4% | -113.4% |
| 2020 | -2.5% | -718.6% |
| 2021 | -4.5% | +77.6% |
| 2022 | -1.9% | -58.2% |
| 2023 | 1.8% | -193.9% |
| 2024 | -1.9% | -209.4% |
| 2025 | 0.0% | -101.4% |
Belarus compared with similar countries
- Belarus's 0.0% is below the median for upper middle income countries, which is 5.2%, 1% of the median. (49 countries reporting)
- Belarus's 0.0% is below the median for Europe & Central Asia, which is 2.2%, 1% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Real interest rate 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 |
|---|---|---|---|
| 2011 | -1655.8% | -1.9% | -33.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -54.5% | -89.3% | 5.6% | 8 |
| 2000s | -9.5% | -41.2% | 2.2% | 10 |
| 2010s | -6.3% | -33.5% | 5.6% | 10 |
| 2020s | -1.5% | -4.5% | 1.8% | 6 |
Countries ranked near Belarus
More financial sector data for Belarus
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.003 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0022 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.003 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is real interest rate in Belarus?
- Real interest rate in Belarus was 0.0% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Belarus?
- The highest recorded value was 5.6% in 1996.
- What is the lowest real interest rate recorded in Belarus?
- The lowest recorded value was -89.3% in 1992.
- How does Belarus rank for real interest rate?
- Belarus ranks 126th out of 149 countries with data for 2025.
- Is real interest rate rising or falling in Belarus?
- Over the last ten years it is down 98.5%. The long-run trend across the full record is volatile.
- Where does this Belarus data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.