Source
Central bank

Central Bank of Belize

International Reserves

US$ 403 million (Source: World Bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 2 billion (2014 estimate)

GDP (Purchasing Power Parity)

3 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
9.3% 4.6% 3.0% 4.7% 1.2% 3.8% 0.3% 3.1%
2011 2012 2013 2014*        
2.1% 4.0% 1.6% 2.5%        

*Estimate

GDP per capita - current prices

US$ 4,659 (2014 estimate)

GDP per capita - PPP

$8,915 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0% 0% 0% 0% 0%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 13% 
  • industry: 23% 
  • services: 64% (2012 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2011 2012 2013 2014*
1.5% 1.4% 0.5% 1.2%

*Estimate

Unemployment rate
2011 2012 2013 2014*
14.9% 16.1% 16.3% 15.6%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
83.7% 79.4% 75.4% 75.5% 80.4%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-1.7 -1.1 -0.4 -2.6% -1.7%

*Estimate   

Government bond ratings

Standard & Poor's: B1

Moody's rating: Caa2

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2009 2010 2011
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
Total area

22,966 km2 (2006)

Capital

Belmopan (2009)

Currency

Belizean dollars (BZD) (2009)

Government type

parliamentary democracy and a Commonwealth realm (2009)

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 49.6%, Protestant 27% (Pentecostal 7.4%, Anglican 5.3%, Seventh-Day Adventist 5.2%, Mennonite 4.1%, Methodist 3.5%, Jehovah's Witnesses 1.5%), other 14%, none 9.4% (2000)

Total population
1980 1990 2000 2012* 2017**
0.15 million 0.19 million 0.25 million 0.35 million 0.39 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
54% 49.4% 47.8% 44.8%
Population median age

22 years (2010)

Population growth rate

3.4% (2011)

Life expectancy

76 years (2010)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

53.13 (1999)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:1
Civil Liberties:2 (2011)

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

Source
Total telephone subscribers as % of population

72.94% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

N/A

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

Source
CO2 emissions(Metric tons of CO2 per capita)

1.3556 (Data were released in 2012 and refer to 2009)

World's Best Developed & Emerging Markets Banks

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World's Best Banks By Region

World's Best Banks

2013

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