household debts in Belize

Gross debt in Belize

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Belize in the period from 1998 to 2021 was between 278.0 million and 2.2 billion USD. The hightest level within the past 23 years was reached in 2020. However, the liabilities in 2021 have been only two billion USD

Based on the number of inhabitants, this is a debt of 5,120 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,827 USD.

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Gross debt of the last 23 years in billion USD

YearBelize totalBelize per capitaEU per capita
19980.28 bn USD1,207 USD14,079 USD
19990.32 bn USD1,339 USD14,032 USD
20000.66 bn USD2,658 USD11,241 USD
20010.45 bn USD1,751 USD11,263 USD
20020.51 bn USD1,946 USD12,266 USD
20030.68 bn USD2,532 USD15,295 USD
20040.77 bn USD2,774 USD17,606 USD
20050.83 bn USD2,920 USD18,337 USD
20060.89 bn USD3,054 USD18,887 USD
20070.88 bn USD2,931 USD20,910 USD
20080.89 bn USD2,911 USD24,100 USD
20090.93 bn USD2,962 USD25,376 USD
20100.95 bn USD2,946 USD26,515 USD
20110.98 bn USD2,957 USD29,254 USD
20120.97 bn USD2,869 USD28,198 USD
20130.99 bn USD2,866 USD30,008 USD
20141.03 bn USD2,919 USD30,677 USD
20151.43 bn USD3,985 USD25,944 USD
20161.60 bn USD4,355 USD26,287 USD
20171.79 bn USD4,771 USD27,108 USD
20181.84 bn USD4,818 USD28,543 USD
20191.91 bn USD4,907 USD27,264 USD
20202.17 bn USD5,503 USD30,919 USD
20212.05 bn USD5,120 USD33,827 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Belize       European Union

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