Belize recorded a Current Account deficit of 7 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Belize averaged -3.98 percent from 1996 until 2017, reaching an all time high of 17.90 percent in 2003 and a record low of -21.50 percent in 2001.

Current Account to GDP in Belize is expected to be -6.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Current Account to GDP is projected to trend around -3.60 percent in 2020, according to our econometric models.

Belize Current Account to GDP
Forecast Data Chart
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Belize Trade Last Previous Highest Lowest Unit
Balance of Trade -104.70 -149.60 -26.27 -159.67 BZ $ Million [+]
Current Account -47.60 43.10 107.30 -182.30 BZE$ Million [+]
Current Account to GDP -7.00 -8.30 17.90 -21.50 percent [+]
Exports 38.10 22.90 97.57 15.70 BZ $ Million [+]
Imports 142.80 172.50 194.80 80.42 BZ $ Million [+]
External Debt 1255.80 1202.80 1255.80 167.90 USD Million [+]
Remittances 87.90 87.20 87.90 24.30 USD Million [+]
Tourist Arrivals 1301967.00 1261405.00 1301967.00 721103.00 [+]
Crude Oil Production 2.00 2.00 5.40 0.99 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Belize Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Belize Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belize Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-7.00 -8.30 17.90 -21.50 1996 - 2017 percent Yearly

Country Last Previous
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17