Belarus vs Namibia: Gross domestic income
Gross domestic income over time
- Belarus
- Namibia
How they compare
Belarus currently reports 209.18 billion constant LCU against 183.23 billion constant LCU in Namibia, a difference of 25.95 billion constant LCU.
That makes Belarus's figure about 1.1 times Namibia's.
Across all 36 years both countries report, Belarus has been ahead every year.
Globally, Belarus ranks 114th and Namibia ranks 117th of 178 countries.
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About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. 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.