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Macro

Belize

Latin America & Caribbean · Upper middle income · IMF WEO April 2026 · World Bank WDI

GDP▲ 3.8%
Current prices2025
3USD bn
GDP per capita▲ 2.2%
Current prices2025
7,968USD
Real GDP growth▼ 0.8 pp
Annual change2025
2.7%
Inflation▼ 2.2 pp
Average consumer prices2025
1.1%
Unemployment■ 0.0 pp
Rate2025
2.6%
Government debt▲ 2.4 pp
General government, gross2025
67.9% of GDP
Current account▼ 1.6 pp
Balance2025
-3.5% of GDP
Population▲ 1.6%
Total2025
0.42million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-13.50.018.01995: 0.7%1996: 1.1%1997: 4.2%1998: 3.9%1999: 9.4%2000: 12.2%2001: 5.0%2002: 5.4%2003: 9.7%2004: 4.8%2005: 2.2%2006: 4.5%2007: 3.3%2008: -1.6%2009: -0.4%2010: 1.4%2011: -0.1%2012: 3.9%2013: 4.1%2014: 3.9%2015: 2.8%2016: -0.0%2017: -1.8%2018: 0.8%2019: 4.3%2020: -13.5%2021: 18.0%2022: 9.3%2023: 0.5%2024: 3.5%2025: 2.7%2026: 2.2% (IMF projection)2027: 2.1% (IMF projection)2028: 2.0% (IMF projection)2029: 2.0% (IMF projection)2030: 2.0% (IMF projection)2031: 2.0% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
-1.20.06.41995: 2.9%1996: 6.4%1997: 1.0%1998: -0.8%1999: -1.2%2000: 0.6%2001: 1.1%2002: 2.2%2003: 2.6%2004: 3.1%2005: 3.7%2006: 4.2%2007: 2.3%2008: 6.4%2009: -1.1%2010: 0.9%2011: 1.7%2012: 1.2%2013: 0.5%2014: 1.2%2015: -0.9%2016: 0.7%2017: 1.1%2018: 0.3%2019: 0.2%2020: 0.1%2021: 3.2%2022: 6.3%2023: 4.4%2024: 3.3%2025: 1.1%2026: 1.5% (IMF projection)2027: 1.5% (IMF projection)2028: 1.3% (IMF projection)2029: 1.3% (IMF projection)2030: 1.3% (IMF projection)2031: 1.3% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %18.09.30.53.52.72.22.12.02.02.0
Inflation, average consumer prices %3.26.34.43.31.11.51.51.31.31.3
Unemployment rate %10.36.13.32.62.62.62.62.62.62.6
GDP, current prices USD bn2333334444
GDP per capita, current prices USD6,0817,1627,5527,7967,9688,1348,3058,4498,5988,749
GDP per capita, PPP Int. USD11,59813,63713,97614,58215,16515,69416,12716,46716,84317,237
General government gross debt % of GDP82.266.867.565.467.963.262.762.461.760.8
General government net lending/borrowing % of GDP-3.3-1.0-2.4-1.5-1.0-1.5-1.8-1.6-1.3-1.1
Current account balance % of GDP-6.5-8.3-1.0-1.9-3.5-4.5-3.9-3.5-3.3-3.2
Population million0.400.400.400.410.420.420.430.440.440.45

Government debt, % of GDP

General government gross debt
0.01032001: 50%2002: 53%2003: 67%2004: 71%2005: 73%2006: 71%2007: 66%2008: 65%2009: 70%2010: 68%2011: 66%2012: 63%2013: 63%2014: 62%2015: 65%2016: 70%2017: 78%2018: 79%2019: 79%2020: 103%2021: 82%2022: 67%2023: 67%2024: 65%2025: 68%2026: 63% (IMF projection)2027: 63% (IMF projection)2028: 62% (IMF projection)2029: 62% (IMF projection)2030: 61% (IMF projection)2031: 60% (IMF projection)IMF projection200520102015202020252030

Current account, % of GDP

Balance of payments
-16.20.02000: -14.2%2001: -16.2%2002: -13.3%2003: -14.1%2004: -11.1%2005: -10.3%2006: -1.6%2007: -3.1%2008: -8.3%2009: -4.9%2010: -2.6%2011: -1.1%2012: -1.7%2013: -3.6%2014: -6.4%2015: -8.0%2016: -7.3%2017: -7.0%2018: -6.6%2019: -7.8%2020: -6.2%2021: -6.5%2022: -8.3%2023: -1.0%2024: -1.9%2025: -3.5%2026: -4.5% (IMF projection)2027: -3.9% (IMF projection)2028: -3.5% (IMF projection)2029: -3.3% (IMF projection)2030: -3.2% (IMF projection)2031: -3.2% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
199512.021.39.856.4
20059.717.17.962.5
20159.614.67.062.2
20247.914.66.662.4

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method7,530USD2025+30.1%
GNI, Atlas method3USD bn2025+54.4%
Exports of goods and services55.2% of GDP2024-0.3 pp
Imports of goods and services53.7% of GDP2024+2.1 pp
Life expectancy at birth73.7years2024+3.2%
Urban population41.6% of total2025-2.4 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)