Belarus Inflation Rate 1993-2024

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 2023 was 5.00%, a 10.21% decline from 2022.
  • 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 221.34%
Turkey 53.86%
Iran 44.58%
Kazakhstan 14.73%
Serbia 12.37%
Colombia 11.74%
Romania 10.40%
Bulgaria 9.44%
North Macedonia 9.36%
Algeria 9.32%
Azerbaijan 8.79%
Montenegro 8.58%
Samoa 8.12%
Mauritius 7.05%
Jamaica 6.47%
Peru 6.46%
Tonga 6.35%
Guatemala 6.21%
South Africa 6.07%
Namibia 5.88%
Mexico 5.53%
Botswana 5.07%
Belarus 5.00%
Dominican Republic 4.79%
Paraguay 4.63%
Brazil 4.59%
St. Vincent and the Grenadines 4.56%
Belize 4.39%
St. Lucia 4.07%
Gabon 3.63%
Dominica 3.48%
Maldives 2.93%
Guyana 2.82%
Grenada 2.70%
Malaysia 2.49%
Libya 2.37%
Ecuador 2.22%
Jordan 2.08%
Armenia 1.98%
Thailand 1.23%
Costa Rica 0.53%
China 0.23%
Belarus Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 5.00% -10.21%
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%