Inflation in Belarus: 1990 – 2026

Report for: December 1990 — June 2026
Hyperinflation has been recorded — a catastrophic scenario for the economy. With such average annual price growth of 68.4%, money ceases to perform the function of a measure of value and a means of saving. Nominal prices soared 114206654.09 times, and the real purchasing power of BYN fell to 0% of the original.
Inflation Rate by Year
Inflation Adjusted Prices
Equivalent ValueValue Adjusted for Inflation
Loss of Buying Power
Real ValuePurchasing Power Over Time
Cumulative Inflation (%)
Historical Inflation Table
Calculation Methodology
Calculations are based on CPI Belstat. It is a consumer price index that measures the average change in prices for goods and services purchased by the population.
Price Multiplier shows how many times prices have increased. In macroeconomics, this baseline metric is known as the Price Index Ratio. It is derived directly from official CPI data and serves as the mathematical foundation for all other calculations on this page.
To calculate the cumulative inflation since 1990, we use the following formula:
Shows the average annual price growth rate including compound interest (where each year's inflation is added to already increased prices). To calculate the average annual inflation for 35 years since 1990, we use the following formula:
To find out what share of its real value savings in BYN have lost since 1990, we calculate the percentage drop in purchasing power. Loss of buying power is calculated as an inverse proportion to price growth:
To calculate the equivalent value in terms of purchasing power in 2026, we multiply the initial value from 1990 by the price growth factor:
Citation & Data Usage
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