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 | 2.82 USD Billion | 2022 |
| GDP Annual Growth Rate | 10.5 % | 4Q/22 |
| GDP Growth Rate | 0 % | 4Q/22 |
| GDP per capita | 6345 USD | 2022 |
| Inflation Rate YoY | 3.4 % | Aug/23 |
| Interest Rate | 2.25 % | Aug/23 |
| Unemployment Rate | 5 % | 2022 |
| Balance of Trade | -155424 BZD Million | -77.237 B USD | Jul/23 |
| Current Account | 149 BZD Million | 0.074 B USD | 1Q/23 |
| Foreign Exchange Reserves | 482 USD Million | 0.482 B USD | 2022 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 2.82 USD Billion | 2022 |
| GDP Annual Growth Rate | 10.5 % | 4Q/22 |
| GDP Growth Rate | 0 % | 4Q/22 |
| GDP per capita | 6345 USD | 2022 |
| GDP Constant Prices | 1336 BZD Million | 0.664 B USD | 4Q/22 |
| GDP per capita PPP | 9698 USD | 2022 |
| GDP From Agriculture | 85.4 BZD Million | 0.042 B USD | 4Q/22 |
| GDP From Construction | 85.4 BZD Million | 0.042 B USD | 4Q/22 |
| GDP From Manufacturing | 64.9 BZD Million | 0.032 B USD | 4Q/22 |
| GDP From Public Administration | 102 BZD Million | 0.051 B USD | 4Q/22 |
| GDP From Services | 202 BZD Million | 0.1 B USD | 4Q/22 |
| GDP From Transport | 64.2 BZD Million | 0.032 B USD | 4Q/22 |
| GDP From Utilities | 36.27 BZD Million | 0.018 B USD | 4Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 46.2 % | 2022 |
| Government Budget Value | -26.1 USD Million | -0.026 B USD | 2022 |
| Government Spending | 1356 USD Million | 1.356 B USD | 2022 |
| Government Revenues | 1278 USD Million | 1.278 B USD | 2022 |
| Fiscal Expenditure | 1036 USD Million | 1.036 B USD | 2022 |
| Government Budget to GDP | -0.4 % | 2022 |
| Military Expenditure | 23.7 USD Million | 0.024 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 116 Index Points | Aug/23 |
| Food Inflation | 12.2 % | Aug/23 |
| Inflation Rate YoY | 3.4 % | Aug/23 |
| Inflation Rate Mom | 0.4 % | Jul/23 |
| CPI Housing Utilities | 104 Index Points | Aug/23 |
| CPI Transportation | 129 Index Points | Aug/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -8.8 % | 2022 |
| Balance of Trade | -155424 BZD Million | -77.237 B USD | Jul/23 |
| Current Account | 149 BZD Million | 0.074 B USD | 1Q/23 |
| Exports | 29430 BZD Million | 14.625 B USD | Jul/23 |
| External Debt | 1363 USD Million | 1.363 B USD | 2022 |
| Foreign Exchange Reserves | 482 USD Million | 0.482 B USD | 2022 |
| Imports | 226896 BZD Million | 112.755 B USD | Jul/23 |
| Tourist Arrivals | 897008 Persons | 0.897 Million Persons | 2022 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 2.25 % | Aug/23 |
| Loans to Private Sector | 2029 USD Million | 2.029 B USD | 2022 |
| Money Supply M0 | 642 USD Million | 0.642 B USD | Jul/23 |
| Money Supply M1 | 2602 USD Million | 2.602 B USD | Jul/23 |
| Money Supply M2 | 4359 USD Million | 4.359 B USD | Jul/23 |
| Central Bank Balance Sheet | 1846441 USD Million | 1846.441 B USD | Jul/23 |
| Deposit Interest Rate | 2.22 % | 2022 |
| Private Sector Credit | 2393 USD Million | 2.393 B USD | 2022 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 5 % | 2022 |
| Employed Persons | 182 Thousand Person | 0.182 Million Person | 2022 |
| 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 | 0.8 BBL/D/1K | Jan/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Ease of Doing Business | 135 place | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Credit | 390 USD Million | 0.39 B USD | 2022 |
