Belize vs Italy: External balance on goods and services as a percent of GDP

Belize
1.5%
in 2024
Italy
1.9%
in 2025
Belize rank
67th
Italy rank
64th

External balance on goods and services as a percent of GDP over time

  • Belize
  • Italy
-15-10-505197019972025

How they compare

Italy currently reports 1.9% against 1.5% in Belize, a difference of 0.4%.

That makes Italy's figure about 1.3 times Belize's.

The two have swapped places 10 times across 45 shared years of data; in 1980 it was Italy ahead.

Belize ranks 67th and Italy ranks 64th of 191 countries.

Across the 5 decades both report, Belize averaged higher in 1 and Italy in 4.

Head to head by decade

Decade Belize Italy Difference Ahead
1980s -8.3% -0.4% 7.8% Italy
1990s 0.5% 2.3% 1.8% Italy
2000s -2.1% 0.1% 2.3% Italy
2010s 3.1% 1.7% 1.4% Belize
2020s -1.6% 1.5% 3.1% Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services as a percent of gdp, Belize or Italy?
Italy, at 1.9% against 1.5% in Belize as of 2025.
What is the difference in external balance on goods and services as a percent of gdp between Belize and Italy?
0.4%, with Italy ahead.
How many years of comparable data are there for Belize and Italy?
45 years are reported by both, from 1980 to 2024.
How do Belize and Italy rank globally for external balance on goods and services as a percent of gdp?
Belize ranks 67th and Italy ranks 64th of 191 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belize vs Italy: External balance on goods and services as a percent of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/belize/italy/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.