Belize

Belize

We offer a data-driven country report for Belize that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Belize.

Its population in 2018 was 382,444 [1]

In 2015, 35.02% of its total energy
consumption was renewable [2]

In 2021, its GDP grew by 9.75% [2]

In 2021 it had a negative Current
Account Balance of US$bn 0.16 [3]

Its unemployment rate in 2021 was 10.20% [3]



What free trade areas or economic unions is it a member of?

Member of the Central America Integration System (SICA) since 01/01/1998

Other members:

Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, Panama


What trade deals are there between Central America Integration System and other countries and economic unions?

EU - Central America Association Agreement (from 01/08/2013)

Member of the Caribbean Single Market and Economy (CSME) since 01/01/2006

Other members:

Antigua and Barbuda, Barbados, Dominica, Grenada, Guyana, Jamaica, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, Trinidad and Tobago


What trade deals are there between Caribbean Single Market and Economy and other countries and economic unions?

CARIFORUM - UK economic partnership agreement (from 01/01/2021)


What trade deals are there with other countries and economic unions?

None


Trade with the United Kingdom

Source: UK Office for National Statistics, October 2022.

Contains public sector information licensed under the Open Government Licence v3.0.

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