GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 3.40 1.8 1.6 0.4 2.6 2.5
GDP Annual Growth Rate (%) 3.30 1.9 4.2 2.8 3.6 2.5
GDP (USD Billion) 1.84 1.94 1.94 1.94 1.94 1.94
GDP Per Capita Ppp (USD) 7824.40 8125 8125 7713 8125 8190
GDP per capita (USD) 4315.22 4400 4400 4400 4400 4500
GDP Constant Prices (BZD Million) 670.90 761 779 780 781 798
GDP From Agriculture (BZD Million) 47.00 78.23 88.45 88.53 88.62 90.57
GDP From Construction (BZD Million) 20.90 21.58 23.49 23.51 23.53 24.05
GDP From Manufacturing (BZD Million) 29.00 52.27 52.02 52.07 52.12 53.27
GDP From Public Administration (BZD Million) 68.70 81.11 81.24 81.32 81.4 83.19
GDP From Services (BZD Million) 150.50 149 155 155 155 159
GDP From Transport (BZD Million) 68.10 79.18 78.79 78.87 78.95 80.68
GDP From Utilities (BZD Million) 42.30 37.7 48.15 48.2 48.25 49.31
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 9.00 6 6 6 6 6
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 0.00 0.3 0.4 0.6 0.7 0.5
Food Inflation (%) -0.60 -0.4 -0.7 -0.3 0.2 0.2
Consumer Price Index Cpi (Index Points) 105.10 105 105 106 106 107
Money Actual Q1 Q2 Q3 Q4 2020
Deposit Interest Rate (%) 2.10 2.1 2.1 2.1 2.1 2.1
Central Bank Balance Sheet (USD Million) 1021803.00 125000 123000 124000 124000 120000
Banks Balance Sheet (USD Million) 3259881.00 320000 319000 318000 320000 321000
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (BZ $ Million) -104.70 -115 -113 -112 -117 -105
Current Account (BZE$ Million) -47.60 9.12 25 -80 55 -70
Current Account to GDP (%) -7.00 -4.2 -4.2 -4.2 -4.2 -3.6
Exports (BZ $ Million) 38.10 45 47 50 45 55
Imports (BZ $ Million) 142.80 160 160 162 162 160
External Debt (USD Million) 1255.80 1285 1285 1285 1285 1280
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 67.40 67.6 67.6 67.6 67.6 67.2
Government Budget (% of GDP) -3.00 -6 -6 -6 -6 -5.1
Government Budget Value (USD Million) -113.10 -15 -15 -15 -15 -105
Government Spending (USD Million) 1198.90 1222 1220 1222 1223 1250
Government Revenues (USD Million) 1032.00 1085 1085 1085 1085 1095
Fiscal Expenditure (USD Million) 1004.20 1100 1100 1100 1100 1200
Taxes Actual Q1 Q2 Q3 Q4 2020
Sales Tax Rate (%) 12.50 12.5 12.5 12.5 12.5 12.5


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.