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TOOL · GROSS COST

How much would a basic income cost in Belarus?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 7,647,791child population 1,530,507year 2023World Bank WDI

GROSS ANNUAL COST

80,765 million

in BYNBYN 80,765,227,200

Equal to 37.1% of reference GDP

Population covered: 9,178,298 people

Adults: 7,647,791 × BYN 800 × 12 = BYN 73,418,793,600

Children: 1,530,507 × BYN 400 × 12 = BYN 7,346,433,600

BYN 73,418,793,600 + BYN 7,346,433,600 = BYN 80,765,227,200

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $72,478,760,370 · World Bank WDI

Currency BYN · exchange rate 3.0074 BYN/USD (2023)

Converted cost $26,855,945,334 for the GDP share.