Belarus
Inflation in Belarus: 1990 – 2026

Start
End
Latest month of data:June 2026
Cumulative Inflation for 35 Years 7 Months
+11420665308.7%
Average Inflation Rate
68.4%
Price Multiplier
114206654.09x
Loss of Buying Power
-100.0%
inflationcompare.com

Report for: December 1990June 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 Value
What cost 100 BYN in 1990, would cost 11420665409 BYN today. To maintain the same standard of living, income over 35 years should have grown by 114206654.09 times.
1990100 BYN
+11420665308.7%
202611420665409 BYN

Value Adjusted for Inflation

Loss of Buying Power

Real Value
Since 1990, the purchasing power of 100 BYN has decreased to 0 BYN. The chart shows how BYN lost a total of 100.0% of its value over 35 years.
1990100 BYN
-100.0%
20260 BYN
-100%
Total Loss

Purchasing Power Over Time

Cumulative Inflation (%)

Historical Inflation Table

YearInflation (%)
20262.89%
20256.83%
20245.15%
20235.84%
202212.83%
20219.98%
20207.34%
20194.73%
20185.64%
20174.59%
201610.58%
201511.97%
201416.22%
201316.47%
201221.78%
2011108.69%
20109.93%
200910.11%
200813.30%
200712.07%
20066.62%
20057.94%
200414.44%
200325.37%
200234.79%
200146.12%
2000107.50%
1999251.20%
1998181.75%
199763.11%
199639.30%
1995243.96%
19941959.70%
19931996.63%
19921559.15%
1991147.50%
19900.00%

Related Countries

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

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.

Formula:
Price Multiplier(K)=CPI2026CPI1990\text{Price Multiplier} (K) = \frac{\text{CPI}_{2026}}{\text{CPI}_{1990}}
Calculation:
11420665408.720100.000=114206654.0872\frac{11420665408.720}{100.000} = 114206654.0872
Cumulative Inflation

To calculate the cumulative inflation since 1990, we use the following formula:

Formula:
(K1)×100=Cumulative(%)(K - 1) \times 100 = \text{Cumulative} (\%)
Calculation:
(114206654.08721)×100=11420665308.7%(114206654.0872 - 1) \times 100 = 11420665308.7\%
Average Inflation Rate

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:

Formula:
K1n1=Average Inflation RateK^{\frac{1}{n}} - 1 = \text{Average Inflation Rate}
n — number of years (35)
Calculation:
(114206654.08721/351)×100=68.4%(114206654.0872^{1/35} - 1) \times 100 = 68.4\%
Loss of Buying Power

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:

Formula:
(11K)×100=Loss of Buying Power(%)\left( 1 - \frac{1}{K} \right) \times 100 = \text{Loss of Buying Power} (\%)
Calculation:
(11114206654.0872)×100=100.0%\left( 1 - \frac{1}{114206654.0872} \right) \times 100 = 100.0\%
Equivalent Value

To calculate the equivalent value in terms of purchasing power in 2026, we multiply the initial value from 1990 by the price growth factor:

Formula:
Original Amount×K=Equivalent\text{Original Amount} \times K = \text{Equivalent}
Calculation:
100×114206654.0872=11,420,665,409 BYN100 \times 114206654.0872 = 11,420,665,409 \text{ BYN}

Citation & Data Usage

You can use the data in your articles. Link to the source:

"Inflation in Belarus (1990–2026)", InflationCompare, . Accessed 18 July 2026. Data source: CPI Belstat.
Inflation in Belarus (1990–2026)