Belarus - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Belarus was 9.46 as of 2021. As the graph below shows, over the past 28 years this indicator reached a maximum value of 2,221.02 in 1994 and a minimum value of 4.87 in 2018.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1993 1,190.23
1994 2,221.02
1995 709.35
1996 52.71
1997 63.94
1998 72.87
1999 293.68
2000 168.62
2001 61.13
2002 42.54
2003 28.40
2004 18.11
2005 10.34
2006 7.00
2007 8.43
2008 14.84
2009 12.95
2010 7.74
2011 53.23
2012 59.22
2013 18.31
2014 18.12
2015 13.53
2016 11.84
2017 6.03
2018 4.87
2019 5.60
2020 5.55
2021 9.46

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Belarus was 10.10 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 1,945.75 in 1994 and a minimum value of 8.34 in 2016.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1991 110.38
1992 1,030.78
1993 1,058.71
1994 1,945.75
1995 661.50
1996 53.71
1997 71.65
1998 76.58
1999 316.79
2000 185.29
2001 79.53
2002 44.89
2003 30.69
2004 22.68
2005 18.97
2006 10.75
2007 12.87
2008 21.21
2009 9.26
2010 11.29
2011 71.04
2012 75.28
2013 21.26
2014 18.11
2015 16.02
2016 8.34
2017 8.62
2018 12.14
2019 8.63
2020 10.10

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Belarus was 10.10 as of 2020. Over the past 29 years, the value for this indicator has fluctuated between 1,945.75 in 1994 and 8.34 in 2016.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1991 110.38
1992 1,030.78
1993 1,058.71
1994 1,945.75
1995 661.50
1996 53.71
1997 71.65
1998 76.58
1999 316.79
2000 185.29
2001 79.53
2002 44.89
2003 30.69
2004 22.68
2005 18.97
2006 10.75
2007 12.87
2008 21.21
2009 9.26
2010 11.29
2011 71.04
2012 75.28
2013 21.26
2014 18.11
2015 16.02
2016 8.34
2017 8.62
2018 12.14
2019 8.63
2020 10.10

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices