GDP in Belize

Belize GDP | Economic News & Forecasts

Belize - GDP

In November, Belize’s exports shrank a massive 50.0% year-on-year, with sugar exports accounting for the lion’s share of the drop, decreasing by 98.9% after bulk sugar shipments ran out for 2016. Meanwhile, imports were down by a modest 9.0%, thus widening the trade deficit. On a more positive note, the number of overnight tourist arrivals reached a record high in December. Nevertheless, Belize is unlikely to have crawled out of the ongoing recession by year-end—the country contracted for a third consecutive quarter in Q3.

Belize - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)2.1  3.7  1.3  4.1  -     

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Belize GDP Chart


Belize GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Central Bank of Belize and FocusEconomics calculations.

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