The economy in Belize shrank 0.8 percent year-on-year in the second quarter of 2019, after expanding 5.2 percent in the previous period. It was the first contraction since the last quarter of 2016, as output went down in the primary sector (-2.9 percent) and secondary (-12.9 percent). GDP Annual Growth Rate in Belize averaged 3.72 percent from 1995 until 2019, reaching an all time high of 21.10 percent in the fourth quarter of 2000 and a record low of -8 percent in the fourth quarter of 1995.

GDP Annual Growth Rate in Belize is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Belize to stand at 2.00 in 12 months time. In the long-term, the Belize GDP Annual Growth Rate is projected to trend around 1.80 percent in 2020, according to our econometric models.

Belize GDP Annual Growth Rate
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Belize GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.50 -10.20 13.50 -10.60 percent [+]
GDP Annual Growth Rate -0.80 5.20 21.10 -8.00 percent [+]
GDP 1.93 1.86 1.93 0.03 USD Billion [+]
GDP Per Capita Ppp 7810.20 7726.40 7998.20 5115.80 USD [+]
GDP per capita 4309.92 4263.65 4413.65 1072.01 USD [+]
GDP Constant Prices 687.90 698.00 771.50 282.70 BZD Million [+]
GDP From Agriculture 83.90 86.30 86.40 18.70 BZD Million [+]
GDP From Construction 18.00 20.60 24.40 9.60 BZD Million [+]
GDP From Manufacturing 49.30 50.50 106.50 19.70 BZD Million [+]
GDP From Public Administration 84.10 81.10 84.10 31.50 BZD Million [+]
GDP From Services 164.70 157.50 164.70 33.90 BZD Million [+]
GDP From Transport 78.20 80.70 80.70 20.30 BZD Million [+]
GDP From Utilities 38.70 31.00 47.70 2.70 BZD Million [+]


Belize GDP Annual Growth Rate

This page provides - Belize Gdp Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belize GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.80 5.20 21.10 -8.00 1995 - 2019 percent Quarterly




Country Last Previous
China 6.20 Jun/19
Indonesia 5.05 Jun/19
India 5.00 Jun/19
United States 2.30 Jun/19
South Korea 2.00 Jun/19
Spain 2.00 Jun/19
Netherlands 1.80 Jun/19
Canada 1.60 Jun/19
Australia 1.40 Jun/19
France 1.40 Jun/19
United Kingdom 1.30 Jun/19
Euro Area 1.20 Jun/19
Brazil 1.00 Jun/19
Japan 1.00 Jun/19
Russia 0.90 Jun/19
South Africa 0.90 Jun/19
Argentina 0.60 Jun/19
Saudi Arabia 0.50 Jun/19
Germany 0.40 Jun/19
Switzerland 0.20 Jun/19
Singapore 0.10 Sep/19
Italy -0.10 Jun/19
Mexico -0.80 Jun/19
Turkey -1.50 Jun/19


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