Belarus Inflation Rate 1993-2023

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Belarus inflation rate for 2022 was 15.21%, a 5.75% increase from 2021.
  • Belarus inflation rate for 2021 was 9.46%, a 3.91% increase from 2020.
  • Belarus inflation rate for 2020 was 5.55%, a 0.05% decline from 2019.
  • Belarus inflation rate for 2019 was 5.60%, a 0.73% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Turkey 72.31%
Suriname 52.45%
Bulgaria 15.33%
Belarus 15.21%
North Macedonia 14.20%
Bosnia 14.02%
Azerbaijan 13.85%
Romania 13.80%
Montenegro 13.04%
Serbia 11.98%
Botswana 11.67%
Tonga 10.97%
Samoa 10.96%
Mauritius 10.77%
Jamaica 10.35%
Colombia 10.18%
Paraguay 9.77%
Brazil 9.28%
Algeria 9.27%
Dominican Republic 8.81%
Armenia 8.64%
Peru 8.33%
Costa Rica 8.27%
Mexico 7.90%
South Africa 7.04%
Guatemala 6.89%
Albania 6.73%
St. Lucia 6.38%
Namibia 6.08%
Thailand 6.08%
St. Vincent and the Grenadines 5.66%
Iraq 4.99%
Equatorial Guinea 4.79%
Fiji 4.52%
Gabon 4.23%
Jordan 4.23%
Ecuador 3.47%
Malaysia 3.38%
Maldives 2.33%
China 1.97%
Belarus Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 15.21% 5.75%
2021 9.46% 3.91%
2020 5.55% -0.05%
2019 5.60% 0.73%
2018 4.87% -1.16%
2017 6.03% -5.80%
2016 11.84% -1.70%
2015 13.53% -4.59%
2014 18.12% -0.19%
2013 18.31% -40.91%
2012 59.22% 5.99%
2011 53.23% 45.49%
2010 7.74% -5.21%
2009 12.95% -1.89%
2008 14.84% 6.41%
2007 8.43% 1.43%
2006 7.00% -3.34%
2005 10.34% -7.77%
2004 18.11% -10.29%
2003 28.40% -14.14%
2002 42.54% -18.60%
2001 61.13% -107.49%
2000 168.62% -125.06%
1999 293.68% 220.81%
1998 72.87% 8.93%
1997 63.94% 11.23%
1996 52.71% -656.63%
1995 709.35% -1511.67%
1994 2,221.02% 1030.79%
1993 1,190.23% 1030.79%