The economy of Belize advanced 3.3 percent year-on-year in the third quarter of 2018, slowing from an upwardly revised 6.3 percent growth in the previous period. Output rose less mostly in: agriculture, hunting & forestry (1.9% vs 10.6% in Q2); public administration (1.2% vs 3.1%) and wholesale and retail trade, repair (7% vs 9.5%). In addition, contractions were registered in manufacturing (-3.3% vs -3.1%); utilities (-1.1% vs 39.8%) and construction (-4.7% vs 7.6%). Conversely, output rebounded for fishing (43.6% vs -16.4%) and grew faster in hotels & restaurants (17.2% vs 9.4%) and transport & communication (3.4% vs 3.3%). On a seasonally adjusted quarterly basis, the GDP rose 3.4 percent, following an upwardly revised 6.3 percent increase. GDP Annual Growth Rate in Belize averaged 5.04 percent from 1995 until 2018, 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 1.90 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 3.60 in 12 months time. In the long-term, the Belize GDP Annual Growth Rate is projected to trend around 2.30 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 3.40 6.30 13.50 -10.60 percent [+]
GDP Annual Growth Rate 3.30 6.30 21.10 -8.00 percent [+]
GDP 1.84 1.82 1.84 0.03 USD Billion [+]
GDP Per Capita Ppp 7824.40 7919.10 8127.70 5165.90 USD [+]
GDP per capita 4315.22 4367.50 4482.50 1072.47 USD [+]
GDP Constant Prices 670.90 771.90 771.90 282.65 BZD Million [+]
GDP From Agriculture 47.00 86.88 86.88 18.66 BZD Million [+]
GDP From Construction 20.90 23.07 24.41 9.58 BZD Million [+]
GDP From Manufacturing 29.00 50.80 106.48 19.74 BZD Million [+]
GDP From Public Administration 68.70 80.00 80.00 31.50 BZD Million [+]
GDP From Services 150.50 157.30 157.30 33.89 BZD Million [+]
GDP From Transport 68.10 77.40 82.00 20.30 BZD Million [+]
GDP From Utilities 42.30 47.80 47.80 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.30 6.30 21.10 -8.00 1995 - 2018 percent Quarterly




Country Last Previous
India 6.60 Dec/18
China 6.40 Mar/19
Indonesia 5.07 Mar/19
Saudi Arabia 3.60 Dec/18
United States 3.20 Mar/19
Spain 2.40 Mar/19
Australia 2.30 Dec/18
South Korea 1.80 Mar/19
United Kingdom 1.80 Mar/19
Netherlands 1.70 Mar/19
Canada 1.60 Dec/18
Switzerland 1.40 Dec/18
Mexico 1.30 Mar/19
Euro Area 1.20 Mar/19
Singapore 1.20 Mar/19
Brazil 1.10 Dec/18
France 1.10 Mar/19
South Africa 1.10 Dec/18
Japan 0.80 Mar/19
Germany 0.70 Mar/19
Russia 0.50 Mar/19
Italy 0.10 Mar/19
Turkey -3.00 Dec/18
Argentina -6.20 Dec/18


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