Source
Central bank

Central Bank of Belize

International Reserves

USD 0.4 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 1.9 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 3.2 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
4.6% 1.1% 3.2% 0.8% 3.3% 2.1% 3.7%
2013 2014 2015 2016* 2017*    
1.3% 4.1% 1% 0% 2.6%    

*Estimate

GDP per capita - current prices

USD 4,772.9 (2017, estimate)

GDP per capita - PPP

Intl$ 8,325.4 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.0% 0.0% 0.0% 0.0% 0.003%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 11.7% 
  • industry: 14.5%
  • services: 59.9%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015 2016* 2017*
0.5% 1.2% -0.9% 1.0% 2.2%

*Estimate

Unemployment rate
2013 2014 2015* 2016* 2017*
11.7% 11.1% 10.1% 11.7% 12.0%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016 2017*
78.3% 77.2% 81.9% 94.8% 95.5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016 2017*
-1.6% -2.4% -8% -4.2% -5.4%

*Estimate

Government bond ratings

Standard & Poor's: CC

Moody's: Caa2

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies in Belize

N/A

 
 
Source
Current account balance

US$ -0.074 billion (2014 estimate)

Current account balance by percentage of GDP

-4.468% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

61.2% (2011)

(Data released on October 2014)

Shares in world total merchandising export

0% (2012)

 

Shares in world total commercial services export

0.01% (2012)

 

Total exports

US$633.00 million (2013 estimate) 

Export commodities

sugar, bananas, citrus, clothing, fish products, molasses, wood, crude oil

Total imports

US$864 million (2013 estimate) 

 
 
Source
Import commodities

machinery and transport equipment, manufactured goods; fuels, chemicals, pharmaceuticals; food, beverages, tobacco

Exports - major partners

US 31.8%, UK 21.9%, Nigeria 4.8%, Japan 4.1%, Netherlands 4.1% (2012)

Imports - major partners

US 23.6%, Germany 15%, Mexico 11.5%, Cuba 8.4%, Guatemala 4.8%, China 4.7%, Singapore 4% (2012)

FDI inflows
2011 2012 2013
US$95 million US$194 million US$89 million
FDI outflows
2011 2012 2013  
US$1 million US$1 million US$1 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$ 0 US$ 0 US$ 0 US$ 0
Cross-border M&A; deals worth over $3 billion completed in 2012(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 106 out of 189 countries (2013)

Subcategories:

Starting a business: 167 out of 189 countries

Enforcing Contracts: 173 out of 189 countries

Registering Property: 143 out of 189 countries

Getting credit: 130 out of 189 countries

Protecting investors: 128 out of 189 countries

Trading across border: 101 out of 189 countries

Paying Taxes: 48 out of 189 countries

Dealing with Construction Permits: 16 out of 189 countries

Getting Electricity: 57 out of 189 countries

Resolving Insolvency: 30 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

N/A

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 115 Score: 56.7 (Mostly Unfree) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC-6

Total area

22,966 sq km

Capital

Belmopan

Currency

Belizean dollars (BZD)

Government type

parliamentary democracy and a Commonwealth realm

Languages

Spanish 46%, Creole 32.9%, Mayan dialects 8.9%, English 3.9% (official), Garifuna 3.4% (Carib), German 3.3%, other 1.4%, unknown 0.2% (2000 census)

Religions

Roman Catholic 39.3%, Pentacostal 8.3%, Seventh Day Adventist 5.3%, Anglican 4.5%, Mennonite 3.7%, Baptist 3.5%, Methodist 2.8%, Nazarene 2.8%, Jehovah's Witnesses 1.6%, other 9.9% (includes Baha'i Faith, Buddhism, Hinduism, Islam, and Mormon), other (unknown) 3.1%, none 15.2% (2010 census)

Total population
1990 2000 2010 2014** 2019**
0.189 million 0.25 million 0.332 million 0.355 million 0.387 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
54% 49% 48% 44%
Population median age

21.8 years (2014 est.)

Population growth rate

1.92% (2014 est.)

Life expectancy

68.49 years (2014 estimate)

Adult literacy

76.9%  (2000 census)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

Freedom House rating

Political Rights: 1
Civil Liberties: 2 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed 7.2% Mobile 52.9%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

31.70% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions(Metric tons of CO2 per capita)

1.4 (2010)

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