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 | 1.94 USD Billion | 2019 |
| GDP Annual Growth Rate | -2.8 % | 4Q/19 |
| GDP Growth Rate | -1.3 % | 4Q/19 |
| GDP per capita | 4310 USD | 2018 |
| Inflation Rate YoY | 0.2 % | Jan/20 |
| Interest Rate | 2.3 % | Feb/20 |
| Unemployment Rate | 9.4 % | 2018 |
| Balance of Trade | -154 BZD Million | -0.076 B USD | Nov/19 |
| Current Account | -69 BZD Million | -0.034 B USD | 2Q/19 |
| Foreign Exchange Reserves | 294 USD Million | 0.294 B USD | 2018 |
GDP
1.94
B USD
#169 from 174 countries
GDP per capita
4310
USD
#101 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 1.94 USD Billion | 2019 |
| GDP Annual Growth Rate | -2.8 % | 4Q/19 |
| GDP Growth Rate | -1.3 % | 4Q/19 |
| GDP per capita | 4310 USD | 2018 |
| GDP Constant Prices | 649 BZD Million | 0.322 B USD | 3Q/19 |
| GDP per capita PPP | 7810 USD | 2018 |
| GDP From Agriculture | 44.1 BZD Million | 0.022 B USD | 3Q/19 |
| GDP From Construction | 15.9 BZD Million | 0.008 B USD | 3Q/19 |
| GDP From Manufacturing | 34.6 BZD Million | 0.017 B USD | 3Q/19 |
| GDP From Public Administration | 73.8 BZD Million | 0.037 B USD | 3Q/19 |
| GDP From Services | 147 BZD Million | 0.073 B USD | 3Q/19 |
| GDP From Transport | 57.6 BZD Million | 0.029 B USD | 3Q/19 |
| GDP From Utilities | 30.3 BZD Million | 0.015 B USD | 3Q/19 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 66.5 % | 2018 |
| Government Budget Value | -38.4 USD Million | -0.038 B USD | 2018 |
| Government Spending | 1209 USD Million | 1.209 B USD | 2018 |
| Government Revenues | 1120 USD Million | 1.12 B USD | 2018 |
| Fiscal Expenditure | 1048 USD Million | 1.048 B USD | 2018 |
| Government Budget to GDP | -1 % | 2018 |
| Military Expenditure | 22.8 USD Million | 0.023 B USD | 2018 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 105 Index Points | Jan/20 |
| Food Inflation | -0.2 % | Jan/20 |
| Inflation Rate YoY | 0.2 % | Jan/20 |
| Inflation Rate Mom | -0.1 % | Jan/20 |
| CPI Housing Utilities | 104 Index Points | Jan/20 |
| CPI Transportation | 109 Index Points | Jan/20 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -8 % | 2018 |
| Balance of Trade | -154 BZD Million | -0.076 B USD | Nov/19 |
| Current Account | -69 BZD Million | -0.034 B USD | 2Q/19 |
| Exports | 26.9 BZD Million | 0.013 B USD | Nov/19 |
| External Debt | 1281 USD Million | 1.281 B USD | 2018 |
| Foreign Exchange Reserves | 294 USD Million | 0.294 B USD | 2018 |
| Imports | 181 BZD Million | 0.09 B USD | Nov/19 |
| Tourist Arrivals | 1525547 Persons | 1.526 Million Persons | 2018 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 2.3 % | Feb/20 |
| Loans to Private Sector | 1669 USD Million | 1.669 B USD | 2018 |
| Money Supply M0 | 398 USD Million | 0.398 B USD | Nov/19 |
| Money Supply M1 | 1640 USD Million | 1.64 B USD | Nov/19 |
| Money Supply M2 | 3151 USD Million | 3.151 B USD | Nov/19 |
| Central Bank Balance Sheet | 1116785 USD Million | 1116.785 B USD | Nov/19 |
| Deposit Interest Rate | 2 % | 2018 |
| Private Sector Credit | 2069 USD Million | 2.069 B USD | 2018 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 9.4 % | 2018 |
| Employed Persons | 156 Thousand Person | 0.156 Million Person | 2018 |
| Unemployed Persons | 13.49 Thousand Persons | 0.013 Million Persons | 2019 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Sales Tax Rate | 12.5 % | 2020 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 2 BBL/D/1K | Nov/19 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Ease of Doing Business | 135 place | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Credit | 451 USD Million | 0.451 B USD | 2018 |
Gold Reserves
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
0.294
B USD
#110 from
114 countries
Government Budget Value
-0.038
B USD
#53 from 113 countries
Inflation Rate
0.2
%
#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
9.4
%
#48 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
