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Indicators of economy in Belize

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.429 US Dollar per capita. In contrast, the GDP in Belize reached 4.815 US dollars per inhabitant, or 1.88 bn US Dollar in the whole country. Belize is currently at number 182 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant taking into account the purchasing power parity, then Belize is in the list of the world's richest countries in place 126.

Inflation in Belize was in 2017 at around 1.15%. For the the EU, the average of the same was year at 0.51%.

Compared to Germany, the prices for convenience goods are approximately 18.67% lower.
The Corruption Perceptions Index for the public sector counts 29 and is compared to other countries very bad.


Back to overview: Belize

Unemployment rates in percent 1991 - 2020

Economic performance 2019

 Belize
Total
Belize
per capita
EU
Total
EU
per capita
GDP1.88 bn USD4,815.16 USD15,626.45 tn USD30,377.04 USD
Gross national product1.75 bn USD4,484.13 USD16,026.52 tn USD31,154.76 USD


Development of gross domestic product in million US Dollar 1979 - 2019



Im- and Exports 2019

 Belize
Total
Belize
per capita
EU
Total
EU
per capita
Imports1.23 bn USD3,156.60 USD8,073.39 bn USD15,694.28 USD
Exports1.13 bn USD2,893.82 USD8,622.21 bn USD16,761.16 USD


Development of imports and exports in million US dollars 1984 - 2019

Exports
Imports



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