Annual growth of exports of goods and services in Belize
Belize: Annual growth of exports of goods and services was 6.0% in 2024. ◆ Volatile
Latest (2024)
6.0%
Change on year
down 48.1%
World rank
69th
of 186 countries
All-time high
35.9%
in 2021
All-time low
-29.6%
in 2020
Years of data
25
2000–2024
Annual growth of exports of goods and services in Belize, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Belize recorded 6.0% for annual growth of exports of goods and services in 2024.
Compared with earlier readings it is down 48.1% on the previous year and up 474.3% over ten years.
Over the whole period, annual growth of exports of goods and services in Belize peaked at 35.9% in 2021 and was at its lowest, -29.6%, in 2020.
Belize ranks 69th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Belize, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 10.0% | — |
| 2001 | 4.3% | -56.9% |
| 2002 | 10.2% | +136.3% |
| 2003 | 13.5% | +33.0% |
| 2004 | 5.1% | -62.4% |
| 2005 | 11.1% | +117.7% |
| 2006 | 23.0% | +107.4% |
| 2007 | -16.4% | -171.3% |
| 2008 | 7.5% | -145.7% |
| 2009 | 4.4% | -41.2% |
| 2010 | 0.4% | -89.9% |
| 2011 | 3.2% | +613.2% |
| 2012 | 10.7% | +238.5% |
| 2013 | -1.2% | -111.4% |
| 2014 | 1.0% | -185.8% |
| 2015 | -2.4% | -331.7% |
| 2016 | -9.0% | +271.7% |
| 2017 | -1.7% | -81.1% |
| 2018 | 9.6% | -667.8% |
| 2019 | 5.3% | -44.8% |
| 2020 | -29.6% | -657.7% |
| 2021 | 35.9% | -221.3% |
| 2022 | 12.8% | -64.3% |
| 2023 | 11.5% | -10.0% |
| 2024 | 6.0% | -48.1% |
Belize compared with similar countries
- Belize's 6.0% is above the median for upper middle income countries, which is 3.1%, 1.9× the median. (46 countries reporting)
- Belize's 6.0% is above the median for Latin America & Caribbean, which is 2.8%, 2.2× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.3% | -16.4% | 23.0% | 10 |
| 2010s | 1.6% | -9.0% | 10.7% | 10 |
| 2020s | 7.3% | -29.6% | 35.9% | 5 |
Countries ranked near Belize
- 66 Bahamas 6.2% compare
- 67 Cyprus 6.1% compare
- 68 Iran (Islamic Republic of) 6.0% compare
- 70 Costa Rica 5.8% compare
- 71 Central African Republic 5.5% compare
- 72 Gabon 5.5% compare
More economy & growth data for Belize
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.27 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.54 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.40 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0004 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 3.3 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240,004 BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 0.5675 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Belize?
- Annual growth of exports of goods and services in Belize was 6.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of exports of goods and services recorded in Belize?
- The highest recorded value was 35.9% in 2021.
- What is the lowest annual growth of exports of goods and services recorded in Belize?
- The lowest recorded value was -29.6% in 2020.
- How does Belize rank for annual growth of exports of goods and services?
- Belize ranks 69th out of 186 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Belize?
- Over the last ten years it is up 474.3%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of exports of goods and services (%). Statizoid updates them automatically from the source API.
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