Labor force | 185,000 (2022 est.) |
---|---|
Industrial production growth rate | -2.17% (2022 est.) |
Industries | garment production, food processing, tourism, construction, oil |
Population below poverty line | 41% (2013 est.) |
Taxes and other revenues | 21.34% (of GDP) (2017 est.) |
Fiscal year | |
Exchange rates | |
Currency | Belizean dollars (BZD) per US dollar - |
Exchange rates 2022 | 2 (2022 est.) |
Exchange rates 2021 | 2 (2021 est.) |
Exchange rates 2020 | 2 (2020 est.) |
Exchange rates 2019 | 2 (2019 est.) |
Exchange rates 2018 | 2 (2018 est.) |
Debt - external | |
Debt - external 31 December 2017 | $1.315 billion (31 December 2017 est.) |
Debt - external 31 December 2016 | $1.338 billion (31 December 2016 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2022 | $482.146 million (2022 est.) |
Reserves of foreign exchange and gold 2021 | $420.103 million (2021 est.) |
Reserves of foreign exchange and gold 2020 | $348.09 million (2020 est.) |
Current account balance | |
Current account balance 2022 | -$234.493 million (2022 est.) |
Current account balance 2021 | -$157.868 million (2021 est.) |
Current account balance 2020 | -$127.92 million (2020 est.) |
Public debt | |
Public debt 2017 | 99% of GDP (2017 est.) |
Public debt 2016 | 95.9% of GDP (2016 est.) |
Public debt 2014 | 61.41% of GDP (2014 est.) |
Budget | |
Revenues | $583 million (2019 est.) |
Expenditures | $656 million (2019 est.) |
Budget surplus (+) or deficit (-) | -1% (of GDP) (2017 est.) |
Remittances | |
Remittances 2022 | 5.03% of GDP (2022 est.) |
Remittances 2021 | 5.58% of GDP (2021 est.) |
Remittances 2020 | 5.89% of GDP (2020 est.) |
Imports | |
Imports 2022 | $1.574 billion (2022 est.) |
Imports 2021 | $1.249 billion (2021 est.) |
Imports 2020 | $901.819 million (2020 est.) |
Imports (partners) | US 33%, China 23%, Guatemala 9%, Mexico 8%, Canada 3% (2022) |
Comodities Imports force | refined petroleum, ships, tobacco, garments, plastic products (2022) |
Exports | |
Imports 2022 | $1.574 billion (2022 est.) |
Imports 2021 | $1.249 billion (2021 est.) |
Imports 2020 | $901.819 million (2020 est.) |
Exports (partners) | US 22%, UK 16%, Guatemala 10%, Spain 7%, Honduras 5% (2022) |
Comodities Exports force | raw sugar, bananas, shellfish, bran, refined petroleum (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2022 | $3.839 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $3.531 billion (2021 est.) |
Real GDP (purchasing power parity) 2020 | $2.996 billion (2020 est.) |
GDP (official exchange rate) | $2.831 billion (2022 est.) |
Real GDP Per capita | |
Real GDP per capita 2022 | $9,500 (2022 est.) |
Real GDP per capita 2021 | $8,800 (2021 est.) |
Real GDP per capita 2020 | $7,600 (2020 est.) |
GDP - composition, by sector of origin | |
Agriculture | 10.3% (2017 est.) |
Industry | 21.6% (2017 est.) |
Services | 68% (2017 est.) |
GDP - composition, by end use | |
Household consumption | 75.1% (2017 est.) |
Government consumption | 15.2% (2017 est.) |
Investment in fixed capital | 22.5% (2017 est.) |
Investment in inventories | 1.2% (2017 est.) |
Exports of goods and services | 49.1% (2017 est.) |
Imports of goods and services | -63.2% (2017 est.) |
Unemployment rate | |
Unemployment rate 2022 | 8.67% (2022 est.) |
Unemployment rate 2021 | 10.16% (2021 est.) |
Unemployment rate 2020 | 10.62% (2020 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 19.3% (2021 est.) |
Male | 12.2% |
Female | 31.9% |
Want to know more about Belize? Check all different factbooks for Belize below.