Central government debt, total in Belize
Belize: Central government debt, total was 61.0% in 2014. ▲ Rising
Central government debt, total in Belize, 1990–2014
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2014, central government debt, total in Belize stood at 61.0%.
The figure is down 0.2% on the previous year and down 22.3% over ten years.
Over the whole period, central government debt, total in Belize peaked at 78.6% in 2004 and was at its lowest, 21.2%, in 1990.
That places Belize 32nd out of 83 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Central government debt, total in Belize, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 21.2% | — |
| 1991 | 21.3% | +0.7% |
| 1992 | 24.6% | +15.0% |
| 1993 | 26.3% | +7.1% |
| 1994 | 28.0% | +6.4% |
| 1995 | 27.5% | -1.7% |
| 1996 | 29.3% | +6.5% |
| 2002 | 50.4% | +72.2% |
| 2003 | 66.6% | +32.1% |
| 2004 | 78.6% | +17.9% |
| 2005 | 69.7% | -11.3% |
| 2006 | 67.1% | -3.7% |
| 2007 | 64.1% | -4.5% |
| 2008 | 62.0% | -3.2% |
| 2009 | 65.0% | +4.7% |
| 2010 | 64.0% | -1.4% |
| 2011 | 62.4% | -2.5% |
| 2012 | 61.1% | -2.0% |
| 2013 | 61.1% | -0.0% |
| 2014 | 61.0% | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.5% | 21.2% | 29.3% | 7 |
| 2000s | 65.4% | 50.4% | 78.6% | 8 |
| 2010s | 62.0% | 61.0% | 64.0% | 5 |
Countries ranked near Belize
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 11.72 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.4507 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 3,462 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -55.29 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -55.29 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 2.51 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.159 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,221 current LCU per person (2024)
Frequently asked questions
- What is central government debt, total in Belize?
- Central government debt, total in Belize was 61.0% in 2014, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Belize?
- The highest recorded value was 78.6% in 2004.
- What is the lowest central government debt, total recorded in Belize?
- The lowest recorded value was 21.2% in 1990.
- How does Belize rank for central government debt, total?
- Belize ranks 32nd out of 83 countries with data for 2014.
- Is central government debt, total rising or falling in Belize?
- Over the last ten years it is down 22.3%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. 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.