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 | 1.76 USD Billion | 2020 |
| GDP Annual Growth Rate | -13 % | 4Q/20 |
| GDP Growth Rate | -13.1 % | 4Q/20 |
| GDP per capita | 3583 USD | 2020 |
| Inflation Rate YoY | 2.5 % | Apr/21 |
| Interest Rate | 2.3 % | Jun/21 |
| Unemployment Rate | 7.8 % | 2020 |
| Balance of Trade | -141 BZD Million | -0.07 B USD | Mar/21 |
| Current Account | -127 BZD Million | -0.063 B USD | 3Q/20 |
| Foreign Exchange Reserves | 278 USD Million | 0.278 B USD | 2019 |
GDP
1.76
B USD
#169 from 174 countries
GDP per capita
3583
USD
#101 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 1.76 USD Billion | 2020 |
| GDP Annual Growth Rate | -13 % | 4Q/20 |
| GDP Growth Rate | -13.1 % | 4Q/20 |
| GDP per capita | 3583 USD | 2020 |
| GDP Constant Prices | 660 BZD Million | 0.328 B USD | 1Q/21 |
| GDP per capita PPP | 6120 USD | 2020 |
| GDP From Agriculture | 72.19 BZD Million | 0.036 B USD | 1Q/21 |
| GDP From Construction | 28.78 BZD Million | 0.014 B USD | 1Q/21 |
| GDP From Manufacturing | 46.98 BZD Million | 0.023 B USD | 1Q/21 |
| GDP From Public Administration | 86.27 BZD Million | 0.043 B USD | 1Q/21 |
| GDP From Services | 125 BZD Million | 0.062 B USD | 1Q/21 |
| GDP From Transport | 45.4 BZD Million | 0.023 B USD | 4Q/20 |
| GDP From Utilities | 40.4 BZD Million | 0.02 B USD | 4Q/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 | 24.3 USD Million | 0.024 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 103 Index Points | Apr/21 |
| Food Inflation | 4.8 % | Apr/21 |
| Inflation Rate YoY | 2.5 % | Apr/21 |
| Inflation Rate Mom | 0.9 % | Apr/21 |
| CPI Housing Utilities | 101 Index Points | May/21 |
| CPI Transportation | 113 Index Points | May/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -9.5 % | 2019 |
| Balance of Trade | -141 BZD Million | -0.07 B USD | Mar/21 |
| Current Account | -127 BZD Million | -0.063 B USD | 3Q/20 |
| Exports | 33.7 BZD Million | 0.017 B USD | Mar/21 |
| External Debt | 1446 USD Million | 1.446 B USD | 2020 |
| Foreign Exchange Reserves | 278 USD Million | 0.278 B USD | 2019 |
| Imports | 175 BZD Million | 0.087 B USD | Mar/21 |
| Tourist Arrivals | 1500570 Persons | 1.501 Million Persons | 2019 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 2.3 % | Jun/21 |
| Loans to Private Sector | 1624 USD Million | 1.624 B USD | 2019 |
| Money Supply M0 | 477 USD Million | 0.477 B USD | Feb/21 |
| Money Supply M1 | 1993 USD Million | 1.993 B USD | Feb/21 |
| Money Supply M2 | 3581 USD Million | 3.581 B USD | Feb/21 |
| Central Bank Balance Sheet | 1367625 USD Million | 1367.625 B USD | Feb/21 |
| Deposit Interest Rate | 2.18 % | 2020 |
| Private Sector Credit | 2180 USD Million | 2.18 B USD | 2019 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 7.8 % | 2020 |
| 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 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 2 BBL/D/1K | Mar/21 |
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
2.5
%
#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
7.8
%
#48 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
