What is the GDP of Belize?

Belize's GDP is approximately $3.2 billion USD. The GDP growth rate is 3.5%.

What is the population of Belize?

Belize has a population of approximately 0.4 million people. The population growth rate is 1.4%.

What is the inflation rate in Belize?

The inflation rate in Belize is 3.3%.

What is the unemployment rate in Belize?

The unemployment rate in Belize is 8.9%.

What is the GDP per capita of Belize?

Belize's GDP per capita is approximately $7,681 USD.

Is Belize a good country to invest in?

Belize has an investment score of 38/100, classified as "Caution" risk. Key sectors include Tourism, Agriculture, Oil & Gas. Credit rating: NR.

How open is Belize's economy to trade?

Belize's trade openness (trade as % of GDP) is 109%. Exports total approximately $1.8B and imports $1.7B.

How much foreign investment does Belize attract?

Foreign direct investment (FDI) in Belize is 4% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Belize?

Belize's economy is composed of services (62% of GDP), industry (15% of GDP), and agriculture (8% of GDP).

Can I start a business in Belize as a foreigner?

Belize offers various options for foreign entrepreneurs. Visit our business setup guide for Belize for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Belize's economy growing?

Belize's GDP growth rate is 3.5%. This is above the global average, indicating strong economic momentum.

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Belize Economy Overview

Name: Belize Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Latin America & CaribbeanUpper MiddleCapital: BelmopanBLZ

Caution

Growing

3.2B USD

GDP (Nominal)

Growing at 3.5%

$7,681

GDP Per Capita

Middle income level

0.4M

Population

+1.4% annual growth

Stable

3.3%

Inflation

Moderate

109%of GDP

Trade Openness

Strong

4%of GDP

FDI Inflows

Public Debt

High

8.9%

Unemployment

Surplus

+$0.1B

Trade Balance

GDP

Billion USD, nominal

$3.2B

2024+0.2B

GDP Growth

Annual %

3.5%

2024+3.0%

Inflation

Consumer prices, annual %

3.3%

2024-1.1%

Population

Millions

0.4M

2024+0.0M

Economic Structure

Services62%

Industry15%

Agriculture8%

Investment Score Breakdown

Economic Health (30%)32

Political Safety (25%)40

Business Climate (20%)36

Financial Strength (15%)30

Growth Potential (10%)52

Key Sectors

Tourism

18% of GDP

growing

Agriculture

12% of GDP

stable

Oil & Gas

3% of GDP

declining

Fisheries

4% of GDP

stable

Should I Invest in Belize?

CautionSetup: ModerateROI: Moderate

Belize scores 38/100 on the NationsData Investment Index, rated "Caution". Growth is healthy at 3.5%.

Investment Score38/100

GDP Growth3.5%

Inflation3.8%

FDI/GDP6.2%

Public Debt61%

Political Stability0.1

Strengths

+Healthy GDP growth at 3.5%
+High FDI inflows (6.2% of GDP) - investors are actively entering

Risks

-Moderate political risk - monitor regulatory changes closely
-Large current account deficit (-7.2%) - currency depreciation risk

Also Consider

Ecuador

Same region, similar income level

El Salvador

Same region, similar income level

Paraguay

Same region, similar income level

Guatemala

Same region, similar income level

Countries Similar to Belize

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Paraguay

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Peru

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88% match

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