Belarus's gross capital formation (constant LCU) was 57.67 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 8.98% from 52.91 billion in 2015 (0.86% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 57.67 billion | 2025 |
| Five years earlier | 53.07 billion | 2020 |
| Ten years earlier | 52.91 billion | 2015 |
| Highest | 68.44 billion | 2013 |
| Lowest | 11.2 billion | 1995 |
| Average since 2016 | 50.97 billion | 2016–2025 |
| First recorded | 24.55 billion |
What the numbers say
In 2025, Belarus' gross capital formation (constant LCU) rose 8.4% on 2024 (from 53.2 billion to 57.67 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +5.2% and a typical year strayed about 15% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 32.3% in 2006 and the biggest yearly fall was 29.4% in 1994. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 4% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Belarus had the 87th highest value of the 123 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Belarus in the 2025 ranking
- Nicaragua — 84th of 123: 74.88 billion
- Moldova — 85th of 123: 65.71 billion
- Honduras — 86th of 123: 63.1 billion
- Cabo Verde — 88th of 123: 55.5 billion
- Finland — 89th of 123: 52.75 billion
- Macao SAR, China — 90th of 123: 52.41 billion
What this measures
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 36 values
| Year | Gross capital formation (constant LCU) |
|---|---|
| 2025 | 57,669,125,200 |
| 2024 | 53,200,300,000 |
| 2023 | 48,420,000,000 |
| 2022 | 41,844,000,000 |
| 2021 | 49,532,950,400 |
| 2020 | 53,072,530,100 |
| 2019 | 56,353,991,400 |
| 2018 | 52,675,767,100 |
| 2017 | 50,453,266,000 |
| 2016 | 46,476,013,100 |
Gross capital formation (constant LCU) in nearby economies
- Albania — 565.85 billion (2024)
- Armenia — 2.15 trillion (2025)
- Austria — 94.52 billion (2025)
- Belgium — 123.12 billion (2025)
- Bosnia and Herzegovina — 12.75 billion (2025)
- Bulgaria — 14.78 billion (2025)
- Croatia — 16.62 billion (2025)
- Cyprus — 5.78 billion (2025)
- Czechia — 1.77 trillion (2025)
- Denmark — 564.72 billion (2025)
- Estonia
More economic policy & debt data for Belarus
- Adjusted savings, education expenditure (% of GNI) — 4.45% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Adjusted savings, energy depletion (current US$) — US$440.66 million (2021)
- General government final consumption expenditure (current US$) — US$17.65 billion (2025)
- General government final consumption expenditure (current LCU) — 54.18 billion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$8.15 billion (2025)
- General government final consumption expenditure (constant LCU) — 33.41 billion (2025)
- General government final consumption expenditure (% of GDP) — 18.9% (2025)
Reading data like this
Questions people ask
- What is Belarus's gross capital formation (constant LCU)?
- 57.67 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 134.89% from 24.55 billion in 1990 (2.47% a year on average, compounded). The highest value was 68.44 billion in 2013 and the lowest 11.2 billion in 1995.
- How does Belarus rank?
- 87th highest of 123 economies with data for 2025.
- Is the latest change in gross capital formation (constant LCU) unusual for Belarus?
- In 2025, Belarus' gross capital formation (constant LCU) rose 8.4% on 2024 (from 53.2 billion to 57.67 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +5.2% and a typical year strayed about 15% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.GDI.TOTL.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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