Total factoring volume to GDP (%) in Belarus
Belarus: Total factoring volume to GDP (%) was 1.2% in 2020. ▲ Rising
Latest (2020)
1.2%
Change on year
up 24.9%
World rank
53rd
of 73 countries
All-time high
1.2%
in 2020
All-time low
0.5%
in 2017
Years of data
6
2015–2020
Total factoring volume to GDP in Belarus, 2015–2020
Source: Factors Chain International. Measured in %.
Analysis
Belarus recorded 1.2% for total factoring volume to gdp in 2020. That is the highest value across all 6 years on record.
That represents a change of up 24.9% on the previous year and up 101.3% over ten years.
Belarus ranks 53rd of 73 countries on this measure, in the middle of the range.
Total factoring volume to GDP (%) in Belarus, year by year
| Year | % | Change |
|---|---|---|
| 2015 | 0.6% | — |
| 2016 | 0.7% | +18.1% |
| 2017 | 0.5% | -24.8% |
| 2018 | 0.7% | +32.3% |
| 2019 | 1.0% | +37.2% |
| 2020 | 1.2% | +25.0% |
Belarus compared with similar countries
- Belarus's 1.2% is below the median for upper middle income countries, which is 1.6%, 80% of the median. (21 countries reporting)
- Belarus's 1.2% is below the median for Europe & Central Asia, which is 5.9%, 21% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.7% | 0.5% | 1.0% | 5 |
| 2020s | 1.2% | 1.2% | 1.2% | 1 |
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 total factoring volume to gdp in Belarus?
- Total factoring volume to gdp in Belarus was 1.2% in 2020, according to Factors Chain International.
- What is the highest total factoring volume to gdp recorded in Belarus?
- The highest recorded value was 1.2% in 2020.
- What is the lowest total factoring volume to gdp recorded in Belarus?
- The lowest recorded value was 0.5% in 2017.
- How does Belarus rank for total factoring volume to gdp?
- Belarus ranks 53rd out of 73 countries with data for 2020.
- Is total factoring volume to gdp rising or falling in Belarus?
- Over the last ten years it is up 101.3%. The long-run trend across the full record is rising.
- Where does this Belarus data come from?
- The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.