Belize Crude Oil Production  Forecast


Belize Crude Oil Production
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Crude Oil Production in Belize is expected to be 2.10 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Belize to stand at 2.17 in 12 months time. In the long-term, the Belize Crude Oil Production is projected to trend around 2.32 BBL/D/1K in 2020, according to our econometric models.


Belize Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -96 -103 -97.72 -95.21 -93.18 -87.54
Exports 48.5 43.06 46.15 47.09 47.75 48.64
Imports 144 144 143 142 141 136
Current Account -37.4 -82.02 -48.37 -42.89 -70.6 -58.84
Current Account to GDP -9.4 -5.77 -5 -4.23 -3.45 -1.36
External Debt 1199 1212 1250 1250 1250 1270
Remittances 94.3 101 102 103 104 103
Tourist Arrivals 1261405 1126800 1106900 1087000 1067100 993800
Crude Oil Production 2 2.1 2.12 2.15 2.17 2.32