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Economy of Belize. Statistics, Data and Indicators

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Belize
N/AN/A Credit rank #
N/A Quality of life #
N/A Corruption rank#
135 Ease of doing business#113
Belize


Belize Major Economic Indicators

Indicator Data Period
GDP Value 1.79 USD Billion 2021
GDP Annual Growth Rate 14.8 % 4Q/21
GDP Growth Rate 14.8 % 4Q/21
GDP per capita 4151 USD 2021
Inflation Rate YoY 6.7 % Jun/22
Interest Rate 2.25 % May/22
Unemployment Rate 13.7 % 2020
Balance of Trade -129886 BZD Million | -64.275 B USD Jun/22
Current Account -166 BZD Million | -0.082 B USD 4Q/21
Foreign Exchange Reserves 348 USD Million | 0.348 B USD 2020


GDP Indicators

Indicator Data Period
GDP Value 1.79 USD Billion 2021
GDP Annual Growth Rate 14.8 % 4Q/21
GDP Growth Rate 14.8 % 4Q/21
GDP per capita 4151 USD 2021
GDP Constant Prices 658 BZD Million | 0.326 B USD 4Q/21
GDP per capita PPP 6300 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  53.65 BZD Million | 0.027 B USD 4Q/21
GDP From Services  159 BZD Million | 0.079 B USD 4Q/21
GDP From Transport  61.7 BZD Million | 0.031 B USD 2Q/21
GDP From Utilities  24.6 BZD Million | 0.012 B USD 2Q/21


Budget Indicators

Indicator Data Period
Government Debt to GDP 84.8 % 2020
Government Budget Value -367 USD Million | -0.367 B USD 2020
Government Spending 1338 USD Million | 1.338 B USD 2020
Government Revenues 926 USD Million | 0.926 B USD 2020
Fiscal Expenditure  993 USD Million | 0.993 B USD 2020
Government Budget to GDP -3.3 % 2021
Military Expenditure 24.3 USD Million | 0.024 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 110 Index Points Jun/22
Food Inflation 7.56 % Jun/22
Inflation Rate YoY 6.7 % Jun/22
Inflation Rate Mom 0.9 % May/22
CPI Housing Utilities 105 Index Points Jun/22
CPI Transportation 136 Index Points Jun/22


Trade Indicators

Indicator Data Period
Current Account to GDP -8.2 % 2021
Balance of Trade -129886 BZD Million | -64.275 B USD Jun/22
Current Account -166 BZD Million | -0.082 B USD 4Q/21
Exports 59668 BZD Million | 29.527 B USD Jun/22
External Debt 1446 USD Million | 1.446 B USD 2020
Foreign Exchange Reserves 348 USD Million | 0.348 B USD 2020
Imports 226648 BZD Million | 112.158 B USD Jun/22
Tourist Arrivals 441586 Persons | 0.442 Million Persons 2020


Money Indicators

Indicator Data Period
Interest Rate 2.25 % May/22
Loans to Private Sector 1725 USD Million | 1.725 B USD 2020
Money Supply M0 488 USD Million | 0.488 B USD Jul/21
Money Supply M1 2177 USD Million | 2.177 B USD Jul/21
Money Supply M2 3851 USD Million | 3.851 B USD Jul/21
Central Bank Balance Sheet 1386904 USD Million | 1386.904 B USD Jul/21
Deposit Interest Rate 2.18 % 2020
Private Sector Credit  2237 USD Million | 2.237 B USD 2020


Labor Indicators

Indicator Data Period
Unemployment Rate 13.7 % 2020
Employed Persons 146 Thousand Person | 0.146 Million Person 2020
Unemployed Persons 19.85 Thousand Persons | 0.02 Million Persons 2019


Taxes

Indicator Data Period
Sales Tax Rate 12.5 % 2021


Production Indicators

Indicator Data Period
Crude Oil Production 1.1 BBL/D/1K Mar/22


Business Indicators

Indicator Data Period
Ease of Doing Business 135 place 2019


Consumer Indicators

Indicator Data Period
Consumer Credit 553 USD Million | 0.553 B USD 2020