Remittance inflows to GDP in Belarus
Belarus: Remittance inflows to GDP was 1.6% in 2020. ◆ Volatile
Remittance inflows to GDP in Belarus, 1993–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Belarus recorded 1.6% for remittance inflows to gdp in 2020.
Compared with earlier readings it is down 25.2% on the previous year and up 64.0% over ten years.
Over the whole period, remittance inflows to gdp in Belarus peaked at 2.4% in 2018 and was at its lowest, 0.0%, in 1993.
Belarus ranks 111th of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3% | 0.0% | 0.6% | 7 |
| 2000s | 0.8% | 0.5% | 1.0% | 10 |
| 2010s | 1.8% | 1.0% | 2.4% | 10 |
| 2020s | 1.6% | 1.6% | 1.6% | 1 |
Countries ranked near Belarus
More financial sector data for Belarus
- Domestic credit to private sector by banks 24.1% (2021)
- Total reserves in months of imports 3.04 (2025)
- Net domestic credit 60.23 billion current LCU (2021)
- Net foreign assets 11.41 billion current LCU (2021)
- Monetary Sector credit to private sector 24.1% (2021)
- Broad money 30.7% (2021)
- Claims on central government, etc. -5.8% (2021)
- Domestic credit to private sector 29.2% (2021)
- Official exchange rate 3.07 LCU per US$, period average (2025)
- Net migration -3,020 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Belarus?
- Remittance inflows to gdp in Belarus was 1.6% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Belarus?
- The highest recorded value was 2.4% in 2018.
- What is the lowest remittance inflows to gdp recorded in Belarus?
- The lowest recorded value was 0.0% in 1993.
- How does Belarus rank for remittance inflows to gdp?
- Belarus ranks 111th out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Belarus?
- Over the last ten years it is up 64.0%. The long-run trend across the full record is volatile.
- Where does this Belarus data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.