General profile: Belize

GENERAL INFORMATION FOR 2018
Population
Population
Exchange rates
Exchange rate
GDP
GDP
0.383 Millions
2.000 BZD/US$
1 965 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(n) 22 810 km²
0.27 %
3.00 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-1.2 %
Merchandise exports growth rate in 2018
Total merchandise trade
(millions of US$)
2005
2010
2015
2018
Merchandise exports
319
478
538
452
Merchandise imports
593
706
991
958
Merchandise trade balance
-274
-227
-453
-506
Export structure by product group in 2018
(as % of total exports)
2 %2 %17 %17 %8 %8 %73 %73 %
Top 5 partners in 2018
(exports, millions of US$)
1499116151414991161514
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2018
Services exports
307
354
496
(e) 615
Services imports
159
162
221
(e) 236
Services trade balance
148
191
274
(e) 379
Services exports by main category ²
(as % of total services)
2005
2010
2015
2018
Transport
9.8
5.6
5.0
(e) 4.0
Travel
69.6
74.7
75.0
(e) 79.7
Other services
18.9
19.6
20.0
(e) 16.3
TRADE INDICES
More data on UNCTADstat
797985858686100100979710010010110196968989767682828484929275758282909089895454616110010010710711111110010010010099991031031041041021029696919193939797898992929393104104112112107107798586100971001019689768284927582908954611001071111001009910310410296919397899293104112107
ECONOMIC TRENDS
More data on UNCTADstat
+3.0 %
Gross domestic product growth rate in 2018
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2018
GDP, current
1 114
1 397
1 779
1 965
GDP per capita, current US$
3 926
4 333
4 928
5 130
Real GDP growth, y-on-y, %
2.97
3.32
3.80
3.00
Current account balance, % of GDP
-13.57
-3.27
-9.82
-7.88
Exchange rate (/US$)
2.000
2.000
2.000
2.000
GDP by expenditure in 2017
(as % of total GDP)
70.715.521.055.864.370.715.521.055.864.3
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
0 %
FDI outflows as % of GDP in 2018
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2018
FDI inflows
(j) 126.91
(j) 97.22
(j) 64.62
(j) 119.54
FDI outflows
(j) 0.98
(j) 1.12
(j) 0.47
(j) 0.72
Personal remittances, % of GDP
4.01
5.59
4.76
4.71
Financial flows trends
(millions of US$)
92.592.590.290.296.796.784.784.780.380.374.474.475.975.975.375.378.178.178.678.676.576.573.173.163.863.844.744.735.035.033.833.828.428.430.530.526.426.4120120242444446565153153959518918995959797109109170170143143109109127127111111-11-1125256161232392.590.296.784.780.374.475.975.378.178.676.573.163.844.735.033.828.430.526.4120244465153951899597109170143109127111-11256123FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2018
Balance, % of GDP
-7.91
1.42
-8.38
(e) -3.40
Balance, % of imports
-12.53
2.46
-12.61
(e) -5.90
Normalized balance
-0.067
0.012
-0.067
(e) -0.030
Trade openness ²
(sum of imports and exports as % of GDP)
112112115125131133131127117113133125125118
LABOUR FORCE
Labour force by gender in 2018
(as % of total labour force, all sectors)
Male
61%Male 61%Female
39%Female 39%
OTHER INDICATORS
More data on UNCTADstat
0.163 %
Share of the total world merchant fleet in 2018
Maritime transport indicators
 
2005
2010
2015
2018
Merchant fleet, national flag (thousands of DWT)
1 948
1 451
2 733
3 129
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
4.47
8.57
8.84
Container port throughput (TEU)
..
31 900
48 141
45 268
Information economy indicators
(as % of)
2005
2010
2015
2018
Share of ICT goods, % of total exports
0.03
..
0.04
..
Share of ICT goods, % of total imports
5.86
3.65
3.45
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
j
Asset/liability basis.
n
Estimated. Data refers to 2016.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 05 November 2019