Belize is the 123 most competitive nation in the world out of 138 countries ranked in the 2016-2017 edition of the Global Competitiveness Report published by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies and indicates their position relative to the other countries and territories in the index. This page provides the latest reported value for - Belize Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in Belize was last recorded at 7810.20 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Belize, when adjusted by Purchasing Power Parity is equivalent to 44 percent of the world's average. GDP Per Capita Ppp in Belize averaged 7145.46 USD from 1990 until 2018, reaching an all time high of 7998.20 USD in 2006 and a record low of 5115.80 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Belize GDP per Capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Belize increased to 9.40 percent in 2018 from 9 percent in 2017. Unemployment Rate in Belize averaged 11.47 percent from 1993 until 2018, reaching an all time high of 23.30 percent in 2010 and a record low of 8 percent in 2016. In Belize, the unemployment rate measures the number of people actively looking for a job as a percentage of the labor force. This page provides - Belize Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in Belize increased to 155.90 Thousand in 2018 from 150.10 Thousand in 2017. Employed Persons in Belize averaged 101.81 Thousand from 1993 until 2018, reaching an all time high of 155.90 Thousand in 2018 and a record low of 62.10 Thousand in 1993. In Belize, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides - Belize Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiscal Expenditure in Belize increased to 1048.50 USD Million in 2018 from 1005.80 USD Million in 2017. Fiscal Expenditure in Belize averaged 545.38 USD Million from 1993 until 2018, reaching an all time high of 1048.50 USD Million in 2018 and a record low of 208.70 USD Million in 1993. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Belize Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Belize increased to 1119.50 USD Million in 2018 from 1047.90 USD Million in 2017. Government Revenues in Belize averaged 592.08 USD Million from 1993 until 2018, reaching an all time high of 1119.50 USD Million in 2018 and a record low of 249 USD Million in 1993. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Belize Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Belize recorded a government budget deficit of 38.40 USD Million in 2018. Government Budget Value in Belize averaged -80.37 USD Million from 1993 until 2018, reaching an all time high of 44.20 USD Million in 2008 and a record low of -276.30 USD Million in 2015. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Belize Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Belize decreased to 294.20 USD Million in 2018 from 312 USD Million in 2017. Foreign Exchange Reserves in Belize averaged 173.08 USD Million from 1993 until 2018, reaching an all time high of 486.80 USD Million in 2014 and a record low of 34.10 USD Million in 1994. In Belize, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Belize Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Loans to Private Sector in Belize increased to 1668.80 USD Million in 2018 from 1577.70 USD Million in 2017. Loans to Private Sector in Belize averaged 1256.38 USD Million from 2001 until 2018, reaching an all time high of 1668.80 USD Million in 2018 and a record low of 615.50 USD Million in 2001. This page provides - Belize Loans to Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Belize increased to 1280.60 USD Million in 2018 from 1255.80 USD Million in 2017. External Debt in Belize averaged 767.20 USD Million from 1993 until 2018, reaching an all time high of 1280.60 USD Million in 2018 and a record low of 167.90 USD Million in 1993. In Belize, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Belize External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Belize increased to 1208.90 USD Million in 2018 from 1198.90 USD Million in 2017. Government Spending in Belize averaged 719.22 USD Million from 1993 until 2018, reaching an all time high of 1298.60 USD Million in 2015 and a record low of 310 USD Million in 1996. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Belize Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Belize recorded a Government Budget deficit equal to 3 percent of the country's Gross Domestic Product in 2017. Government Budget in Belize averaged -3.92 percent of GDP from 1993 until 2017, reaching an all time high of 1.60 percent of GDP in 2008 and a record low of -11.30 percent of GDP in 2001. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Belize Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Belize recorded a government debt equivalent to 66.50 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Belize averaged 61.24 percent from 1993 until 2018, reaching an all time high of 87.10 percent in 2005 and a record low of 31.40 percent in 1995. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Belize Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Private Sector Credit in Belize increased to 2069.30 USD Million in 2018 from 2012.90 USD Million in 2017. Private Sector Credit in Belize averaged 1259.42 USD Million from 1993 until 2018, reaching an all time high of 2069.30 USD Million in 2018 and a record low of 386.90 USD Million in 1993. This page provides - Belize Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Credit in Belize increased to 451.10 USD Million in 2018 from 440.50 USD Million in 2017. Consumer Credit in Belize averaged 351.98 USD Million from 2001 until 2018, reaching an all time high of 451.10 USD Million in 2018 and a record low of 173 USD Million in 2001. This page provides - Belize Consumer Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Belize recorded a Current Account deficit of 7 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Belize averaged -3.98 percent from 1996 until 2017, reaching an all time high of 17.90 percent in 2003 and a record low of -21.50 percent in 2001. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Belize Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployed Persons in Belize decreased to 18.48 Thousand in September of 2014 from 21.22 Thousand in September of 2013. Unemployed Persons in Belize averaged 16.62 Thousand from 2007 until 2019, reaching an all time high of 24.39 Thousand in September of 2012 and a record low of 10.17 Thousand in May of 2008. In Belize, unemployed persons are individuals who are without a job and actively seeking to work. This page provides - Belize Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Belize scored 29 points out of 100 on the 2008 Corruption Perceptions Index reported by Transparency International. Corruption Index in Belize averaged 35.67 Points from 2003 until 2008, reaching an all time high of 45 Points in 2003 and a record low of 29 Points in 2008. Corruption Index in Belize is reported by the Transparency International. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Belize Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Belize is the 109 least corrupt nation out of 175 countries, according to the 2008 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Belize averaged 73.67 from 2003 until 2008, reaching an all time high of 109 in 2008 and a record low of 46 in 2003. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Belize Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in Belize was last recorded at 4309.92 US dollars in 2018. The GDP per Capita in Belize is equivalent to 34 percent of the world's average. GDP per capita in Belize averaged 2790.61 USD from 1960 until 2018, reaching an all time high of 4413.65 USD in 2006 and a record low of 1072.01 USD in 1960. This page provides the latest reported value for - Belize GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Belize is ranked 135 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Belize deteriorated to 135 in 2019 from 125 in 2018. Ease of Doing Business in Belize averaged 105.92 from 2008 until 2019, reaching an all time high of 135 in 2019 and a record low of 75 in 2008. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Belize.

Belize recorded a Current Account deficit of 69 BZE$ Million in the second quarter of 2019. Current Account in Belize averaged -43.66 BZE$ Million from 1993 until 2019, reaching an all time high of 107.30 BZE$ Million in the first quarter of 2013 and a record low of -182.30 BZE$ Million in the fourth quarter of 2001. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Belize Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Belize decreased to 649.20 BZD Million in the third quarter of 2019 from 746.60 BZD Million in the second quarter of 2019. GDP Constant Prices in Belize averaged 525.08 BZD Million from 1994 until 2019, reaching an all time high of 753.60 BZD Million in the first quarter of 2019 and a record low of 282.70 BZD Million in the third quarter of 1995. This page provides - Belize Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Belize decreased to 44.10 BZD Million in the third quarter of 2019 from 77 BZD Million in the second quarter of 2019. GDP From Agriculture in Belize averaged 52.85 BZD Million from 1994 until 2019, reaching an all time high of 83.30 BZD Million in the first quarter of 2012 and a record low of 18.70 BZD Million in the third quarter of 1995. This page provides - Belize Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Belize decreased to 15.90 BZD Million in the third quarter of 2019 from 16.70 BZD Million in the second quarter of 2019. GDP From Construction in Belize averaged 17.23 BZD Million from 1994 until 2019, reaching an all time high of 24.40 BZD Million in the second quarter of 2000 and a record low of 9.60 BZD Million in the first quarter of 1994. This page provides - Belize Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Belize decreased to 34.60 BZD Million in the third quarter of 2019 from 53.30 BZD Million in the second quarter of 2019. GDP From Manufacturing in Belize averaged 49.52 BZD Million from 1994 until 2019, reaching an all time high of 106.50 BZD Million in the second quarter of 2009 and a record low of 19.70 BZD Million in the fourth quarter of 1997. This page provides - Belize Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Belize decreased to 73.80 BZD Million in the third quarter of 2019 from 86.60 BZD Million in the second quarter of 2019. GDP From Public Administration in Belize averaged 52.34 BZD Million from 1994 until 2019, reaching an all time high of 86.60 BZD Million in the second quarter of 2019 and a record low of 31.50 BZD Million in the third quarter of 1996. This page provides - Belize Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Services in Belize decreased to 146.90 BZD Million in the third quarter of 2019 from 154.60 BZD Million in the second quarter of 2019. GDP From Services in Belize averaged 86.64 BZD Million from 1994 until 2019, reaching an all time high of 154.60 BZD Million in the second quarter of 2019 and a record low of 33.90 BZD Million in the first quarter of 1994. This page provides - Belize Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Transport in Belize decreased to 57.60 BZD Million in the third quarter of 2019 from 65.40 BZD Million in the second quarter of 2019. GDP From Transport in Belize averaged 44.92 BZD Million from 1994 until 2019, reaching an all time high of 67.30 BZD Million in the first quarter of 2019 and a record low of 20.30 BZD Million in the third quarter of 1995. This page provides - Belize Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Utilities in Belize decreased to 30.30 BZD Million in the third quarter of 2019 from 36.30 BZD Million in the second quarter of 2019. GDP From Utilities in Belize averaged 22.97 BZD Million from 1994 until 2019, reaching an all time high of 47 BZD Million in the third quarter of 2010 and a record low of 2.70 BZD Million in the second quarter of 1994. This page provides - Belize Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Belize increased to 26.90 BZ $ Million in November from 26.10 BZ $ Million in October of 2019. Exports in Belize averaged 44.82 BZ $ Million from 2005 until 2019, reaching an all time high of 97.57 BZ $ Million in March of 2012 and a record low of 15.70 BZ $ Million in December of 2017. This page provides - Belize Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Belize recorded a trade deficit of 154 BZ $ Million in November of 2019. Balance of Trade in Belize averaged -97.28 BZ $ Million from 2005 until 2019, reaching an all time high of -26.27 BZ $ Million in March of 2012 and a record low of -159.67 BZ $ Million in December of 2015. This page provides - Belize Balance Of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Belize decreased to 180.90 BZ $ Million in November from 185.20 BZ $ Million in October of 2019. Imports in Belize averaged 142.30 BZ $ Million from 2005 until 2019, reaching an all time high of 194.80 BZ $ Million in May of 2014 and a record low of 80.42 BZ $ Million in January of 2005. This page provides - Belize Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Belize increased to 1639.60 USD Million in November from 1636.40 USD Million in October of 2019. Money Supply M1 in Belize averaged 1246.12 USD Million from 1993 until 2019, reaching an all time high of 1705.79 USD Million in August of 2016 and a record low of 149.20 USD Million in December of 1993. This page provides the latest reported value for - Belize Money Supply M1 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M2 in Belize increased to 3150.60 USD Million in November from 3131.50 USD Million in October of 2019. Money Supply M2 in Belize averaged 2521.37 USD Million from 1993 until 2019, reaching an all time high of 3150.60 USD Million in November of 2019 and a record low of 475.30 USD Million in December of 1993. Belize Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides the latest reported value for - Belize Money Supply M2 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Banks Balance Sheet in Belize decreased to 3398472 USD Million in November from 3404439 USD Million in October of 2019. Banks Balance Sheet in Belize averaged 1566492.61 USD Million from 1986 until 2019, reaching an all time high of 3426866 USD Million in September of 2019 and a record low of 218408 USD Million in January of 1986. This page provides - Belize Banks Balance Sheet- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Belize increased to 397.70 USD Million in November from 386.70 USD Million in October of 2019. Money Supply M0 in Belize averaged 198.76 USD Million from 1998 until 2019, reaching an all time high of 397.70 USD Million in November of 2019 and a record low of 73.80 USD Million in January of 1998. Belize Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides the latest reported value for - Belize Money Supply M0 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Belize was estimated at 0.4 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1993, Belize had a population of 0.2 million people. This page provides - Belize Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index Cpi in Belize decreased to 105 points in January from 105.20 points in December of 2019. Consumer Price Index Cpi in Belize averaged 103.38 points from 2011 until 2020, reaching an all time high of 105.40 points in August of 2018 and a record low of 99.77 points in March of 2011. This page provides - Belize Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Belize was recorded at 0.20 percent in January of 2020. Inflation Rate in Belize averaged 0.96 percent from 1991 until 2020, reaching an all time high of 9.60 percent in August of 2008 and a record low of -12.70 percent in March of 2011. In Belize, the most important category in the consumer price index is Housing and Utilities (26.5 percent of total weight). Food and Non-Alcoholic Beverages accounts for 19.5 percent; Transport for 13.6 percent; Clothing and Footwear for 8.3 percent; Furniture, Household Goods and Maintenance for 6.9 percent and Recreation and Culture for 6.9 percent. Miscellaneous Goods and Services; Health; Communication; Education; Alcoholic beverages and Tobacco and Restaurants and Hotels account for the remaining 18.3 percent of total weight. This page provides the latest reported value for - Belize Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Consumer Price Index in Belize decreased 0.10 percent in January of 2020 over the previous month. Inflation Rate Mom in Belize averaged 0.05 percent from 2011 until 2020, reaching an all time high of 1 percent in February of 2017 and a record low of -0.80 percent in May of 2017. This page provides - Belize Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Belize decreased 0.20 percent in January of 2020 over the same month in the previous year. Food Inflation in Belize averaged -0.05 percent from 2013 until 2020, reaching an all time high of 3.54 percent in January of 2014 and a record low of -2.50 percent in January of 2017. This page provides the latest reported value for - Belize Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cpi Housing Utilities in Belize increased to 104.50 points in January from 104.40 points in December of 2019. Cpi Housing Utilities in Belize averaged 102.52 points from 2011 until 2020, reaching an all time high of 105.80 points in January of 2019 and a record low of 99.98 points in April of 2011. This page provides - Belize Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Belize increased to 109 points in January of 2020 from 108.40 points in December of 2019. Cpi Transportation in Belize averaged 105.78 points from 2011 until 2020, reaching an all time high of 114.60 points in April of 2017 and a record low of 95.45 points in February of 2016. This page provides - Belize Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Belize was last recorded at 2.30 percent. Interest Rate in Belize averaged 3.62 percent from 2010 until 2020, reaching an all time high of 6.88 percent in September of 2010 and a record low of 1.98 percent in July of 2019. In Belize, the Interbank Rate is the rate of interest charged on short-term loans made between banks. The Central Bank of Belize does not control the monetary system by monitoring interest rates. Instead, it is responsible for maintaining a stable exchange rate. Since May of 1976, Belize has maintained a fixed exchange rate of BZD 2.00 to USD 1.00. This page provides - Belize Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Belize contracted 1.30 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Belize averaged 0.96 percent from 1994 until 2019, reaching an all time high of 13.50 percent in the fourth quarter of 2000 and a record low of -10.90 percent in the first quarter of 2001. This page provides the latest reported value for - Belize GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Belize contracted 2.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Belize averaged 3.47 percent from 1995 until 2019, reaching an all time high of 21.10 percent in the fourth quarter of 2000 and a record low of -8 percent in the fourth quarter of 1995. This page provides - Belize Gdp Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Belize remained unchanged at 2 BBL/D/1K in December from 2 BBL/D/1K in November of 2019. Crude Oil Production in Belize averaged 2.79 BBL/D/1K from 2006 until 2019, reaching an all time high of 5.40 BBL/D/1K in December of 2008 and a record low of 0.99 BBL/D/1K in January of 2006. This page provides the latest reported value for - Belize Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Standard & Poor's credit rating for Belize stands at CCC with negative outlook. Moody's credit rating for Belize was last set at B3 with stable outlook. This page provides - Belize Credit Rating- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Belize recorded 18 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Belize reported 2 Coronavirus Deaths. This page includes a chart with historical data for Belize Coronavirus Cases.