Unemployment Rate in Belize increased to 13.70 percent in 2020 from 7.70 percent in 2019. source: Central Bank of Belize

Unemployment Rate in Belize averaged 11.41 percent from 1993 until 2020, reaching an all time high of 23.30 percent in 2010 and a record low of 7.70 percent in 2019. This page provides - Belize Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belize Unemployment Rate - values, historical data and charts - was last updated on August of 2021.

Unemployment Rate in Belize is expected to reach 11.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Unemployment Rate is projected to trend around 9.50 percent in 2022 and 8.20 percent in 2023, according to our econometric models.

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Belize Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
13.70 7.70 23.30 7.70 1993 - 2020 percent Yearly

Belize Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.70 7.70 23.30 7.70 percent [+]
Employed Persons 145.50 164.80 164.80 62.10 Thousand [+]
Unemployed Persons 19.85 13.66 24.39 10.17 Thousand [+]
Population 0.42 0.41 0.42 0.21 Million [+]


Belize Unemployment Rate
In Belize, the unemployment rate measures the number of people actively looking for a job as a percentage of the labor force.