GDP in Belize

Belize GDP | Economic News & Forecasts

Belize - GDP

The economy reemerged from recession in Q1, growing for the first time since Q3 2015. According to a preliminary estimate, GDP grew 2.1% in the first quarter, fueled by a strong agricultural sector which recovered from last year’s Hurricane Earl. Despite the encouraging GDP reading, a recent IMF staff visit to the country considered that the medium-term outlook remains weak as public debt and the current account deficit are still high. The Fund advises Belize to step up its fiscal consolidations efforts in order to solve these issues.

Belize - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)2.1  3.7  1.3  4.1  2.3  

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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.

Belize Facts


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