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Belize

Belize : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$773.9 million (2011 est.)
$647.2 million (2010 est.)

Exports

$603.3 million (2011 est.)
$475.7 million (2010 est.)

Inflation rate (consumer prices)

1.8% (2011 est.)
0.9% (2010 est.)

Unemployment rate

13.1% (2009)
8.2% (2008)

GDP - per capita (PPP)

$8,400 (2011 est.)
$8,300 (2010 est.)
$8,200 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

1.5% (2010 est.)
0% (2009 est.)
3.6% (2008 est.)

Internet users

36,000 (2009)

Telephones - mobile cellular

194,200 (2009)

Population growth rate

2.011% (2012 est.)

Population

327,719 (July 2012 est.)

Historical background

Belize was the site of several Mayan city states until their decline at the end of the first millennium A.

D.

The British and Spanish disputed the region in the 17th and 18th centuries; it formally became the colony of British Honduras in 1854.

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Belize

Economic overview

Tourism is the number one foreign exchange earner in this small economy, followed by exports of marine products, citrus, cane sugar, bananas, and garments.

The government's expansionary monetary and fiscal policies, initiated in September 1998, led to GDP growth averaging nearly 4% in 1999-2007.

Oil discoveries in 2006 bolstered this growth.

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Oxford Economics

Country Economic Forecasts > Belize

  • $ 163
  • Country report
  • June 2017
  • by Oxford Economics

GDP is forecast to expand by 2.6% in 2017 following a contraction of 0.8% in 2016, underpinned by a fall in primary sector output due to the damage inflicted by Hurricane Earl in the second half of that ...

  • Countries : Belize

The Economist Intelligence Unit

Country Report Belize 3rd Quarter 2017

  • $ 251
  • Country report
  • July 2017
  • by The Economist Intelligence Unit

Outlook for 2017-18 The prime minister, Dean Barrow of the centre-right United Democratic Party, will struggle with difficult fiscal adjustment and growing extra-parliamentary opposition, despite his ...

  • Countries : Belize, Caribbean

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