Economy of Belize. Statistics, Data and Indicators
Belize
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| N/A | Corruption rank# |
| 135 | Ease of doing business#113 |
Belize Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 1.88 USD Billion | 2019 |
| GDP Annual Growth Rate | -23.3 % | 2Q/20 |
| GDP Growth Rate | -18.8 % | 2Q/20 |
| GDP per capita | 4150 USD | 2019 |
| Inflation Rate YoY | 0.4 % | Dec/20 |
| Interest Rate | 2.3 % | Nov/20 |
| Unemployment Rate | 7.7 % | 2019 |
| Balance of Trade | -125 BZD Million | -0.062 B USD | Dec/20 |
| Current Account | -60.2 BZD Million | -0.03 B USD | 1Q/20 |
| Foreign Exchange Reserves | 278 USD Million | 0.278 B USD | 2019 |
GDP
1.88
B USD
#169 from 174 countries
GDP per capita
4150
USD
#101 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 1.88 USD Billion | 2019 |
| GDP Annual Growth Rate | -23.3 % | 2Q/20 |
| GDP Growth Rate | -18.8 % | 2Q/20 |
| GDP per capita | 4150 USD | 2019 |
| GDP Constant Prices | 593 BZD Million | 0.294 B USD | 4Q/20 |
| GDP per capita PPP | 7005 USD | 2019 |
| GDP From Agriculture | 47.02 BZD Million | 0.023 B USD | 4Q/20 |
| GDP From Construction | 24.53 BZD Million | 0.012 B USD | 4Q/20 |
| GDP From Manufacturing | 30.7 BZD Million | 0.015 B USD | 4Q/20 |
| GDP From Public Administration | 86.4 BZD Million | 0.043 B USD | 4Q/20 |
| GDP From Services | 112 BZD Million | 0.056 B USD | 4Q/20 |
| GDP From Transport | 45.9 BZD Million | 0.023 B USD | 2Q/20 |
| GDP From Utilities | 29.9 BZD Million | 0.015 B USD | 2Q/20 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 69.9 % | 2019 |
| Government Budget Value | -130 USD Million | -0.13 B USD | 2019 |
| Government Spending | 1301 USD Million | 1.301 B USD | 2019 |
| Government Revenues | 1144 USD Million | 1.144 B USD | 2019 |
| Fiscal Expenditure | 1084 USD Million | 1.084 B USD | 2019 |
| Government Budget to GDP | -3.5 % | 2019 |
| Military Expenditure | 22.8 USD Million | 0.023 B USD | 2018 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 101 Index Points | Dec/20 |
| Food Inflation | 3.3 % | Dec/20 |
| Inflation Rate YoY | 0.4 % | Dec/20 |
| Inflation Rate Mom | -0.7 % | Oct/20 |
| CPI Housing Utilities | 106 Index Points | Sep/20 |
| CPI Transportation | 108 Index Points | Sep/20 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -9.5 % | 2019 |
| Balance of Trade | -125 BZD Million | -0.062 B USD | Dec/20 |
| Current Account | -60.2 BZD Million | -0.03 B USD | 1Q/20 |
| Exports | 21.3 BZD Million | 0.011 B USD | Dec/20 |
| External Debt | 1310 USD Million | 1.31 B USD | 2019 |
| Foreign Exchange Reserves | 278 USD Million | 0.278 B USD | 2019 |
| Imports | 146 BZD Million | 0.072 B USD | Dec/20 |
| Tourist Arrivals | 1500570 Persons | 1.501 Million Persons | 2019 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 2.3 % | Nov/20 |
| Loans to Private Sector | 1624 USD Million | 1.624 B USD | 2019 |
| Money Supply M0 | 465 USD Million | 0.465 B USD | Jul/20 |
| Money Supply M1 | 1844 USD Million | 1.844 B USD | Jul/20 |
| Money Supply M2 | 3362 USD Million | 3.362 B USD | Jul/20 |
| Central Bank Balance Sheet | 1224612 USD Million | 1224.612 B USD | Jul/20 |
| Deposit Interest Rate | 1.95 % | 2019 |
| Private Sector Credit | 2180 USD Million | 2.18 B USD | 2019 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 7.7 % | 2019 |
| Employed Persons | 165 Thousand Person | 0.165 Million Person | 2019 |
| Unemployed Persons | 19.85 Thousand Persons | 0.02 Million Persons | 2019 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Sales Tax Rate | 12.5 % | 2020 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 1.7 BBL/D/1K | Oct/20 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Ease of Doing Business | 135 place | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Credit | 614 USD Million | 0.614 B USD | 2019 |
Gold Reserves
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
0.278
B USD
#110 from
114 countries
Government Budget Value
-0.13
B USD
#53 from 113 countries
Inflation Rate
0.4
%
#164 from
174 countries
Interest Rate
2.3
%
#110 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
7.7
%
#48 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
