Belarus vs Ukraine

Belarus vs Ukraine: Inflation

Inflation in 2025: 6.6% a year in Belarus and 12.7% a year in Ukraine, by IMF estimates. In 2025 the value was higher in Ukraine, by 6.1 percentage points, or 1.93 times that in Belarus.

% a year · IMF

Belarus vs Ukraine: InflationInflation in 2025: 6.6% a year in Belarus and 12.7% a year in Ukraine, by IMF estimates. In 2025 the value was higher in Ukraine, by 6.1 percentage points, or 1.93 times that in Belarus.
BelarusUkraineIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Ukraine has been higher since 2022, when it overtook Belarus.
  • In 2025, Belarus ranked 33 and Ukraine ranked 18 of 179 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Belarus at 4.9% a year and Ukraine at 5% a year in 2031.

Every year

% a year · IMF

YearBelarusUkraine
20256.612.7
20245.86.5
2023512.9
202215.220.2
20219.59.4
20205.52.7
20195.67.9
20184.911
2017614.4
201611.813.9
201513.548.7
201418.112.1
201318.3-0.3
201259.20.6
201153.28
20107.79.4
20091315.9
200814.825.2
20078.412.8
200679.1
200510.313.5
200418.19
200328.45.2
200242.60.8
200161.112
2000168.628.2
1999293.722.7
19987310.6
199763.815.9
199652.780.2
1995709.3376.7
19942,221891.2
19931,1904,735
1992970.31,210
199183.5–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearBelarusUkraine
20265.18.9
20275.18.7
20285.16.7
202955.5
203055
20314.95

Each country on its own

Good to know

  • How much consumer prices rose in a year, on average.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 179 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Belarus vs Ukraine

Health

People

Economy

Education

Politics

Conflict

Military

Climate

Technology and environment