Belize vs Italy: External balance on goods and services

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

External balance on goods and services 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 193 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, 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 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?
Belize ranks 67th and Italy ranks 64th of 193 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% 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. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/belize/italy/

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About this data

Indicator
External balance on goods and services (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
237 places, 11,345 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.