GDP Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) -13.10 0.7 0.8 0.5 0.5 0.5
GDP Annual Growth Rate (%) -13.00 8 4 2 3.4 6
GDP (USD Billion) 1.88 1.8 1.8 1.8 1.8 1.85
GDP Per Capita Ppp (USD) 7004.90 6600 6600 6600 6600 6890
GDP per capita (USD) 4149.86 4100 4100 4600 4600 4200
GDP Constant Prices (BZD Million) 594.40 603 602 604 613 641
GDP From Agriculture (BZD Million) 47.20 71.6 52 47.96 48.61 50.83
GDP From Construction (BZD Million) 24.50 15.49 26.49 25.02 25.36 26.52
GDP From Manufacturing (BZD Million) 30.70 44.89 34.64 31.32 31.75 33.2
GDP From Public Administration (BZD Million) 86.40 92.65 80.42 88.13 89.34 93.42
GDP From Services (BZD Million) 112.30 105 117 115 116 121
GDP From Transport (BZD Million) 45.40 49.57 47.74 46.82 47.46 49.63
GDP From Utilities (BZD Million) 40.40 32.29 31.1 30.5 30.92 32.33

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 7.70 11 11 11 10.6 9.5
Unemployed Persons (Thousand ) 19.85 15.2 15.2 15.2 15.2 16.12
Population (Million) 0.40 0.42 0.42 0.43 0.43 0.44

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 2.50 1.4 1.2 1.5 1.6 1.4
Inflation Rate Mom (%) 0.90 0.2 0.3 0.1 0.1 0.1
Food Inflation (%) 4.80 3 1.8 1.4 1.2 1
Consumer Price Index CPI (points) 103.00 107 107 107 102 104
Cpi Housing Utilities (points) 102.20 102 102 108 102 104
Cpi Transportation (points) 112.20 106 104 108 102 104

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 2.30 2.3 2.3 2.3 2.5 2.75
Deposit Interest Rate (%) 2.18 2.18 2.18 2.18 2.38 2.63
Banks Balance Sheet (USD Million) 3813658.00 321000 321000 321000 321000 321000
Central Bank Balance Sheet (USD Million) 1367625.00 120000 120000 120000 120000 120000

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (BZ $ Million) -141.10 -132 -129 -105 -105 -130
Current Account (BZE$ Million) -127.30 -70 -70 -70 -70 -70
Current Account to GDP (% of GDP) -9.50 -7.8 -7.8 -7.8 -7.4 -7.4
Exports (BZ $ Million) 33.70 35 35 35 35 37
Imports (BZ $ Million) 174.80 163 163 165 165 170
External Debt (USD Million) 1446.50 1600 1600 1600 1600 1690
Tourist Arrivals 1500570.00 550000 550000 550000 550000 890000

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (% of GDP) 69.90 73.5 73.5 73.5 73.5 72
Government Budget (% of GDP) -3.50 -5 -5 -5 -5 -3.5
Government Budget Value (USD Million) -129.50 -105 -150 -105 -105 -105
Government Spending (USD Million) 1300.90 1405 1353 1327 1345 1407
Government Revenues (USD Million) 1143.80 1130 1130 1130 1130 1190
Fiscal Expenditure (USD Million) 1083.80 1200 1200 1300 1300 1300
Military Expenditure (USD Million) 24.30 24 24 24 25 25

Taxes Actual Q2 Q3 Q4 Q1 2022
Sales Tax Rate (%) 12.50 12.5 12.5 12.5 12.5 12.5

Consumer Actual Q2 Q3 Q4 Q1 2022
Consumer Credit (USD Million) 614.20 663 639 626 635 664


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.