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

Country Economic Forecasts > Belize

  • $ 185
  • Country report
  • August 2014
  • by Oxford Economics

A solid pick-up in tourism is supporting the services and construction sectors, offsetting some of the drag from the petroleum sector and raising GDP growth to 1.9% this year. In the medium term, GDP growth ...

  • Countries : Belize

The Economist Intelligence Unit

Country Report Belize 3rd Quarter 2014

Country Report Belize 3rd Quarter 2014

  • $ 285
  • Country report
  • July 2014
  • by The Economist Intelligence Unit

Outlook for 2014-15 The prime minister, Dean Barrow of the centre-right United Democratic Party, is serving a second consecutive term until 2017. Defections or by-election losses could easily cost the ...

  • Countries : Belize

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