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 | 2.49 USD Billion | 2021 |
| GDP Annual Growth Rate | 10.5 % | 4Q/22 |
| GDP Growth Rate | 0 % | 4Q/22 |
| GDP per capita | 5733 USD | 2021 |
| Inflation Rate YoY | 6.5 % | Feb/23 |
| Interest Rate | 2.25 % | Feb/23 |
| Unemployment Rate | 10.2 % | 2021 |
| Balance of Trade | -150812 BZD Million | -74.834 B USD | Jan/23 |
| Current Account | -216 BZD Million | -0.107 B USD | 3Q/22 |
| Foreign Exchange Reserves | 415 USD Million | 0.415 B USD | 2021 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 2.49 USD Billion | 2021 |
| GDP Annual Growth Rate | 10.5 % | 4Q/22 |
| GDP Growth Rate | 0 % | 4Q/22 |
| GDP per capita | 5733 USD | 2021 |
| GDP Constant Prices | 658 BZD Million | 0.327 B USD | 4Q/21 |
| GDP per capita PPP | 8763 USD | 2021 |
| GDP From Agriculture | 50.55 BZD Million | 0.025 B USD | 4Q/21 |
| GDP From Construction | 21.03 BZD Million | 0.01 B USD | 4Q/21 |
| GDP From Manufacturing | 31.04 BZD Million | 0.015 B USD | 4Q/21 |
| GDP From Public Administration | 53.6 BZD Million | 0.027 B USD | 4Q/21 |
| GDP From Services | 159 BZD Million | 0.079 B USD | 4Q/21 |
| GDP From Transport | 64.71 BZD Million | 0.032 B USD | 4Q/21 |
| GDP From Utilities | 20.9 BZD Million | 0.01 B USD | 4Q/21 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 74.5 % | 2021 |
| Government Budget Value | -69.9 USD Million | -0.07 B USD | 2021 |
| Government Spending | 1183 USD Million | 1.183 B USD | 2021 |
| Government Revenues | 1067 USD Million | 1.067 B USD | 2021 |
| Fiscal Expenditure | 956 USD Million | 0.956 B USD | 2021 |
| Government Budget to GDP | -3.3 % | 2021 |
| Military Expenditure | 21.8 USD Million | 0.022 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 114 Index Points | Feb/23 |
| Food Inflation | 14.6 % | Feb/23 |
| Inflation Rate YoY | 6.5 % | Feb/23 |
| Inflation Rate Mom | 1 % | Feb/23 |
| CPI Housing Utilities | 104 Index Points | Feb/23 |
| CPI Transportation | 131 Index Points | Feb/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -9.2 % | 2021 |
| Balance of Trade | -150812 BZD Million | -74.834 B USD | Jan/23 |
| Current Account | -216 BZD Million | -0.107 B USD | 3Q/22 |
| Exports | 24451 BZD Million | 12.133 B USD | Jan/23 |
| External Debt | 1338 USD Million | 1.338 B USD | 2021 |
| Foreign Exchange Reserves | 415 USD Million | 0.415 B USD | 2021 |
| Imports | 212277 BZD Million | 105.333 B USD | Jan/23 |
| Tourist Arrivals | 401762 Persons | 0.402 Million Persons | 2021 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 2.25 % | Feb/23 |
| Loans to Private Sector | 1795 USD Million | 1.795 B USD | 2021 |
| Money Supply M0 | 596 USD Million | 0.596 B USD | Jan/23 |
| Money Supply M1 | 2479 USD Million | 2.479 B USD | Jan/23 |
| Money Supply M2 | 4211 USD Million | 4.211 B USD | Jan/23 |
| Central Bank Balance Sheet | 1726772 USD Million | 1726.772 B USD | Jan/23 |
| Deposit Interest Rate | 2.22 % | 2022 |
| Private Sector Credit | 2285 USD Million | 2.285 B USD | 2021 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 10.2 % | 2021 |
| Employed Persons | 174 Thousand Person | 0.174 Million Person | 2021 |
| Unemployed Persons | 19.85 Thousand Persons | 0.02 Million Persons | 2019 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Sales Tax Rate | 12.5 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 1.1 BBL/D/1K | Nov/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Ease of Doing Business | 135 place | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Credit | 518 USD Million | 0.518 B USD | 2021 |
