Belize

BLZLatin America & Caribbean Upper middle incomeCapital: Belmopan
Economy
Fiscal
People
Health
Education
Trade
Energy / Env
Tech
Governance
Equality
Infra
Labor
67/80 indicators · percentile vs world (IMF / WB / WHO)underover
Belize in world space2000–2023
1k10k100k505560657075808590GDP per capita (USD, log)Life expectancy (years)20002023
192 countries · log scale on X world Belize· trajectory line: 1980 → today
About Belize

Belize's GDP is $3.44B (2026), with a population of 417,072, and GDP per capita of $8,116. Key indicators include real GDP growth of 2.4%, inflation at 1.9%, unemployment at 2.6%, government debt at 63.5% of GDP, life expectancy of 73.6 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.

Located in Latin America and the Caribbean, this upper middle-income country has a GDP of $3.44 billion in 2026, ranking 167th globally. The economy exhibits moderate growth with a real GDP increase of 2.4% in 2026 and a GDP per capita of $8,000. The country's trade openness is significant, with trade accounting for 109.0% of GDP in 2024, indicating a strong reliance on external markets. Foreign Direct Investment (FDI) inflows contribute 4.0% to GDP, reflecting ongoing investment interest. The unemployment rate is projected to be 2.6% in 2026, down from 8.9% in 2025, suggesting improving labor market conditions. The population stands at 417,072 as of 2024, with a life expectancy at birth of 73.6 years in 2023. The adult literacy rate is 87.9% as of 2022, and health spending constitutes 4.1% of GDP in 2023. The fertility rate is 2.0 births per woman, indicating a stable population growth rate. Gross National Income (GNI) per capita is $7,000 in 2024, reflecting the economic standing of its citizens.

Economy30 indicators · 2021–2027 · IMF / WB
IndicatorValueYearΔ YoYSrc
GDP (Current USD, Billions)$42027 3.5%IMF
Real GDP Growth (%)2.2%2027 8.3%IMF
GDP per Capita (USD)$8,2672027 1.9%IMF
GDP, PPP (Billions Intl $)$72027 3.9%IMF
GDP per Capita, PPP (Intl $)$15,6682027 2.3%IMF
Share of World GDP, PPP (%)0.00%2027 0.0%IMF
GNI (Current USD)$3.07B2024 4.5%WB
GNI per Capita (USD)$7,1502024 4.4%WB
GNI per Capita, PPP (USD)$13,7602024 4.0%WB
Industry Value Added (% of GDP)14.6%2024 1.1%WB
Services Value Added (% of GDP)62.4%2024 0.5%WB
Agriculture Value Added (% of GDP)7.9%2024 2.3%WB
Government Consumption (% of GDP)15.9%2024 0.8%WB
Household Consumption (% of GDP)64.3%2024 1.0%WB
Gross Capital Formation (% of GDP)19.8%2024 4.6%WB
Gross Savings (% of GNI)20.8%2024 1.4%WB
GDP Deflator (%)1.4%2024 79.1%WB
GDP per Person Employed (USD)$33,1192024 3.3%WB
Manufacturing Value Added (% of GDP)6.6%2024 1.6%WB
Medium/High-Tech Manufacturing (% of total)18.5%2022 0.0%WB
Adjusted Net National Income per Capita (USD)$4,8812021 15.5%WB
Adjusted Net Savings (% of GNI)12.0%2021 20.3%WB
External Balance on Goods & Services (% of GDP)1.5%2024 57.4%WB
Coal Rents (% of GDP)0.00%2021WB
Mineral Rents (% of GDP)0.00%2021WB
Oil Rents (% of GDP)0.28%2021 106.6%WB
Natural Gas Rents (% of GDP)0.00%2021 35.3%WB
Total Natural Resources Rents (% of GDP)0.5%2021 9.2%WB
Forest Rents (% of GDP)0.24%2021 29.5%WB
Industry Value Added (Current USD)$466.8M2024 6.1%WB
Fiscal & Monetary14 indicators · 2024–2027 · IMF / WB
IndicatorValueYearΔ YoYSrc
Inflation, Consumer Prices (%)1.3%2027 31.6%IMF
Govt Gross Debt (% of GDP)63.2%2027 0.5%IMF
Fiscal Balance (% of GDP)-1.8%2027 20.0%IMF
Current Account Balance (% of GDP)-1.6%2027 0.0%IMF
Unemployment Rate (%)2.6%2027 0.0%IMF
Inflation, CPI (%, World Bank)3.3%2024 25.1%WB
Real Interest Rate (%)6.9%2024 323.5%WB
Lending Interest Rate (%)8.4%2024 0.2%WB
Deposit Interest Rate (%)2.1%2024 0.7%WB
Total Reserves incl. Gold (USD)$498.1M2024 5.1%WB
Total Reserves (months of imports)3.22024 4.4%WB
Official Exchange Rate (per USD)22024 0.0%WB
PPP Conversion Factor1.072024 1.0%WB
Broad Money (% of GDP)75.9%2024 4.2%WB
Trade15 indicators · 2024 · WB
IndicatorValueYearΔ YoYSrc
Trade (% of GDP)109.0%2024 2.4%WB
Exports of Goods & Services (% of GDP)55.2%2024 0.5%WB
Imports of Goods & Services (% of GDP)53.7%2024 4.4%WB
Exports of Goods & Services (USD)$1.77B2024 5.5%WB
Imports of Goods & Services (USD)$1.72B2024 9.6%WB
Merchandise Exports (USD)$482.0M2024 1.2%WB
Merchandise Imports (USD)$1.46B2024 8.5%WB
FDI Inflows (% of GDP)4.0%2024 663.2%WB
FDI Outflows (% of GDP)0.1%2024 10.3%WB
FDI Net Inflows (USD)$128.5M2024 701.0%WB
Personal Remittances Received (USD)$154.1M2024 3.1%WB
Personal Remittances Received (% of GDP)4.8%2024 1.8%WB
High-Tech Exports (% of manufactured)0.0%2024WB
Current Account Balance (% of GDP)-1.6%2024 149.1%WB
Current Account Balance (USD)$-51.7M2024 161.4%WB
External Debt7 indicators · 2023–2024 · WB
IndicatorValueYearΔ YoYSrc
External Debt (% of GNI)46.0%2024 10.4%WB
External Debt Stocks (USD)$1.56B2024 2.7%WB
Total Debt Service (% of GNI)4.1%2024 6.6%WB
Present Value of External Debt (USD)$1.18B2024WB
Use of IMF Credit (USD)$56.7M2024 2.8%WB
Net ODA Received (% of GNI)1.1%2023 39.8%WB
Net ODA Received (USD)$31.9M2023 51.6%WB
Finance6 indicators · 2022–2024 · WB
People23 indicators · 2023–2025 · WB
IndicatorValueYearΔ YoYSrc
Population417,0722024 1.5%WB
Population Growth (%)1.4%2024 30.0%WB
Population Density (per km²)182023 2.1%WB
Surface Area (sq km)22,9662023 0.0%WB
Land Area (sq km)22,8102023 0.0%WB
Urban Population (%)41.8%2024 0.5%WB
Urban Population (total)174,1412024 1.0%WB
Rural Population (%)58.2%2024 0.3%WB
Life Expectancy at Birth73.6 years2023 1.9%WB
Life Expectancy, Male70.9 years2023 1.9%WB
Life Expectancy, Female76.5 years2023 1.9%WB
Fertility Rate (births per woman)22023 3.0%WB
Birth Rate (per 1,000)182023 3.6%WB
Death Rate (per 1,000)4.92023 8.9%WB
Net Migration3602025 26.5%WB
Population Ages 0–14 (%)26.6%2024 1.5%WB
Population Ages 15–64 (%)68.4%2024 0.3%WB
Population Ages 65+ (%)5.0%2024 3.8%WB
Age Dependency Ratio (%)46.2%2024 1.1%WB
Old-Age Dependency Ratio (%)7.3%2024 3.4%WB
Youth Dependency Ratio (%)38.9%2024 1.9%WB
Mortality Rate, Adult Male (per 1,000)190.82023 11.3%WB
Mortality Rate, Adult Female (per 1,000)102.32023 16.5%WB
Labor18 indicators · 2019–2025 · WB
IndicatorValueYearΔ YoYSrc
Total Labor Force184,2862025 5.9%WB
Labor Force Participation (%)59.1%2025 4.0%WB
Female Labor Force Participation (%)46.5%2025 6.0%WB
Male Labor Force Participation (%)71.6%2025 2.7%WB
Unemployment (%)8.9%2025 1.8%WB
Female Unemployment (%)13.5%2025 0.1%WB
Male Unemployment (%)5.9%2025 2.6%WB
Youth Unemployment (%)19.3%2025 4.1%WB
Employment in Agriculture (%)16.1%2025 1.6%WB
Employment in Industry (%)15.3%2025 0.4%WB
Employment in Services (%)68.5%2025 0.5%WB
Vulnerable Employment (%)29.8%2025 0.5%WB
Wage & Salaried Workers (% of total)64.8%2025 0.2%WB
Employers (% of total employment)5.3%2025 0.1%WB
Labor Force, Female (% of total)39.2%2025 2.0%WB
Employment to Population Ratio (%)53.9%2025 3.8%WB
Self-Employed (% of total)35.2%2025 0.4%WB
NEET Youth (% not in education/employment)24.9%2019WB
Education21 indicators · 2017–2024 · WB
Health39 indicators · 2015–2024 · WHO
IndicatorValueYearΔ YoYSrc
Health Spending (% of GDP)4.1%2023 1.6%WHO
Health Spending per Capita (USD)$3092023 3.8%WHO
Government Health Spending (% of GDP)2.7%2023 3.2%WHO
Out-of-Pocket Health Spending (% of total)26.8%2023 0.1%WHO
Nurses & Midwives (per 1,000)2.12023 11.4%WHO
Hospital Beds (per 1,000)12023 6.5%WHO
Infant Mortality (per 1,000 live births)12.72023 0.8%WHO
Neonatal Mortality (per 1,000)9.32023 1.1%WHO
Maternal Mortality (per 100,000)672023 39.1%WHO
Under-5 Mortality, Female (per 1,000)11.42023 0.9%WHO
Under-5 Mortality, Male (per 1,000)142023 0.7%WHO
Cause of Death, Communicable (%)15.9%2019WHO
Cause of Death, Non-Communicable (%)65.2%2019WHO
Cause of Death, Injury (%)18.8%2019WHO
Measles Immunization (% of children)84.0%2024 9.7%WHO
DPT Immunization (% of children)88.0%2024 3.5%WHO
HIV Incidence (per 1,000)0.472024 2.2%WHO
Tuberculosis Incidence (per 100,000)342024 0.0%WHO
Smoking Prevalence, Males (%)15.6%2022 2.5%WHO
Smoking Prevalence, Females (%)1.9%2022 0.0%WHO
Suicide Mortality Rate (per 100,000)4.22021 13.0%WHO
Alcohol Consumption (liters per capita)3.72020WHO
Maternal Deaths52023 35.5%WHO
Tuberculosis Incidence (per 100K)342024 0.0%WHO
People Living with HIV3,9002024 2.6%WHO
Malaria Deaths (estimated)02024WHO
Malaria Incidence (per 1K at risk)02024WHO
DTP3 Immunization Coverage (%)88%2024 3.5%WHO
Measles Immunization Coverage (%)84%2024 9.7%WHO
Hepatitis B Immunization Coverage (%)88%2024 3.5%WHO
Physicians (total)132021WHO
Nursing & Midwifery Personnel212023 11.4%WHO
Dentists (total)8472023 9.5%WHO
Pharmacists (total)562017WHO
Child Wasting (<5 years, %)1.8%2015WHO
Child Underweight (<5 years, %)4.6%2015WHO
Universal Health Coverage Index702023 0.0%WHO
Road Traffic Death Rate (per 100K)702021WHO
Health Expenditure per Capita (WHO, USD)$3092023 3.8%WHO
Energy & Environment14 indicators · 2020–2024 · WB / WHO
IndicatorValueYearΔ YoYSrc
CO₂ Emissions (tonnes per capita)0.92024 2.1%WB
CO₂ Emissions (total kilotonnes)02024 3.5%WB
Renewable Electricity Output (%)92.9%2021 1.5%WB
Renewable Energy Consumption (%)30.8%2022 15.8%WB
Access to Electricity (%)99.6%2023 1.0%WB
Access to Clean Fuels for Cooking (%)82.9%2023 0.1%WB
PM2.5 Air Pollution (µg/m³)28.72020WB
Forest Area (%)54.5%2023 0.9%WB
Forest Area (sq km)12,4362023 0.9%WB
Arable Land (%)4.4%2023 0.0%WB
Terrestrial Protected Areas (%)26.8%2024 27.0%WB
Marine Protected Areas (%)20.4%2024 85.5%WB
Access to Basic Drinking Water (%)94.8%2024 0.0%WHO
Access to Basic Sanitation (%)84.3%2024 0.1%WHO
Agriculture11 indicators · 2022–2023 · WB
Technology10 indicators · 2021–2024 · WB
Infrastructure5 indicators · 2019–2023 · WB
IndicatorValueYearΔ YoYSrc
Air Transport, Passengers Carried776,1982023 9.1%WB
Air Transport, Freight (million ton-km)3.42023 1.9%WB
Container Port Traffic (TEU)20,2592019WB
Electricity from Oil (%)7.1%2021 26.2%WB
Electricity from Nuclear (%)0.0%2021WB
Gender7 indicators · 2018–2025 · WB
IndicatorValueYearΔ YoYSrc
Women in Parliament (%)15.6%2024 0.0%WB
Female Wage & Salaried Workers (%)63.0%2025 0.2%WB
Girls Out-of-School Rate (%)97.7%2018WB
Adolescent Fertility Rate (per 1,000)55.22023 3.4%WB
Gender Parity Index, Primary98.492018WB
Gender Parity Index, Secondary1.032021 0.8%WB
Gender Parity in Primary Education0.952021 0.0%WB
Governance10 indicators · 2023 · WB
IndicatorValueYearΔ YoYSrc
Control of Corruption-0.232023 4.6%WB
Government Effectiveness-0.382023 5.5%WB
Political Stability0.592023 3.8%WB
Regulatory Quality-0.432023 1.9%WB
Rule of Law-0.642023 11.7%WB
Voice & Accountability0.542023 0.7%WB
Control of Corruption (percentile rank)48.1%2023 0.0%WB
Government Effectiveness (percentile rank)36.8%2023 1.3%WB
Rule of Law (percentile rank)27.8%2023 13.5%WB
Political Stability (percentile rank)65.4%2023 0.5%WB
Military6 indicators · 2020–2024 · WB
IndicatorValueYearΔ YoYSrc
Military Spending (% of GDP)0.9%2024 9.5%WB
Military Expenditure (USD)$30.1M2024 1.4%WB
Armed Forces Personnel2,0002020WB
Armed Forces (% of labor force)1.3%2020WB
Military Spending (% of govt expenditure)3.8%2024 8.1%WB
Intentional Homicides (per 100,000)28.12022 11.3%WB
Tourism2 indicators · 2020 · WB
IndicatorValueYearΔ YoYSrc
International Tourism, Arrivals487,0002020WB
Tourism Expenditures (USD)$22.0M2020WB
Urban Development3 indicators · 2022–2024 · WB
IndicatorValueYearΔ YoYSrc
Urban Population Growth (%)1.0%2024 38.8%WB
Population in Slums (% of urban)15.7%2022 0.0%WB
Rural Population Growth (%)1.8%2024 25.8%WB