GDP Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -18.80 1.5 0.5 0.7 0.8 0.5
GDP Annual Growth Rate (%) -23.30 -11 4 15 10 5.5
GDP (USD Billion) 1.88 1.65 1.8 1.8 1.8 1.8
GDP Per Capita Ppp (USD) 7004.90 6480 6600 6600 6600 6600
GDP per capita (USD) 4149.86 3900 4100 4100 4100 4600
GDP Constant Prices (BZD Million) 558.63 712 581 738 642 729
GDP From Agriculture (BZD Million) 68.93 49.91 38.27 78.21 79.27 51.06
GDP From Construction (BZD Million) 14.35 22.19 12.91 16.43 16.5 22.7
GDP From Manufacturing (BZD Million) 41.56 30.8 29.9 52.83 47.8 31.5
GDP From Public Administration (BZD Million) 85.79 72.95 76.9 90.79 98.65 74.63
GDP From Services (BZD Million) 97.17 160 133 155 112 163
GDP From Transport (BZD Million) 45.90 72.32 51.18 63.86 70.61 73.98
GDP From Utilities (BZD Million) 29.90 44.92 18.07 23.71 26.22 45.95

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 7.70 12.5 11 11 11 11
Unemployed Persons (Thousand ) 13.49 15.2 15.2 15.2 15.2 16.12
Population (Million) 0.40 0.42 0.42 0.42 0.42 0.43

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) 0.00 0.2 0.4 0.6 0.8 0.8
Inflation Rate Mom (%) 0.00 0.3 0.1 0.2 0.3 0.1
Food Inflation (%) 1.40 0.5 0.7 0.9 1 1.1
Cpi Housing Utilities (points) 105.50 107 105 106 106 108
Cpi Transportation (points) 107.70 108 109 110 107 108
Consumer Price Index CPI (points) 105.40 106 105 106 106 107

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 2.30 2 1.8 1.8 1.8 1.8
Deposit Interest Rate (%) 1.95 2.1 1.7 1.5 1.5 2.1
Central Bank Balance Sheet (USD Million) 1224612.00 120000 120000 120000 120000 120000
Banks Balance Sheet (USD Million) 3573906.00 321000 321000 321000 321000 321000

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (BZ $ Million) -111.60 -132 -129 -128 -128 -130
Current Account (BZE$ Million) -60.20 -70 -70 -70 -70 -70
Current Account to GDP (%) -9.50 -11 -7.5 -7.5 -7.5 -7.5
Exports (BZ $ Million) 32.10 28 32 35 35 35
Imports (BZ $ Million) 143.70 160 161 163 163 165
External Debt (USD Million) 1309.50 1500 1600 1600 1600 1600
Tourist Arrivals 1500570.00 80000 550000 550000 550000 550000

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 69.90 75 73.5 73.5 73.5 73.5
Government Budget (% of GDP) -3.50 -5.9 -5 -5 -5 -5
Government Budget Value (USD Million) -129.50 -105 -150 -70 -70 -105
Government Spending (USD Million) 1300.90 1273 1158 1353 1496 1302
Government Revenues (USD Million) 1143.80 1050 1130 1130 1130 1130
Fiscal Expenditure (USD Million) 1083.80 1200 1200 1200 1200 1300
Military Expenditure (USD Million) 22.80 24 24 24 24 26

Taxes Actual Q4 Q1 Q2 Q3 2021
Sales Tax Rate (%) 12.50 12.5 12.5 12.5 12.5 12.5

Consumer Actual Q4 Q1 Q2 Q3 2021
Consumer Credit (USD Million) 614.20 468 547 639 706 479


This page has economic forecasts for Belize including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Belize economy.