Current account balance as a proportion of GDP (%) in Belize
Belize: Current account balance as a proportion of GDP (%) was -1.6% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Belize, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in Belize is -1.6%, measured in 2024.
That represents a change of down 149.1% on the previous year and up 74.6% over ten years.
Over the whole period, current account balance as a proportion of gdp in Belize peaked at -0.6% in 2023 and was at its lowest, -16.2%, in 2001.
That places Belize 114th out of 205 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Belize, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -14.2% | — |
| 2001 | -16.2% | +14.4% |
| 2002 | -13.3% | -18.2% |
| 2003 | -14.1% | +6.0% |
| 2004 | -11.1% | -21.5% |
| 2005 | -10.3% | -7.3% |
| 2006 | -1.6% | -84.4% |
| 2007 | -3.1% | +91.3% |
| 2008 | -8.3% | +173.0% |
| 2009 | -4.9% | -41.1% |
| 2010 | -2.6% | -46.7% |
| 2011 | -1.1% | -58.4% |
| 2012 | -1.7% | +58.6% |
| 2013 | -3.6% | +106.5% |
| 2014 | -6.4% | +78.2% |
| 2015 | -8.0% | +25.4% |
| 2016 | -7.3% | -8.4% |
| 2017 | -7.0% | -4.4% |
| 2018 | -6.6% | -5.4% |
| 2019 | -7.8% | +17.5% |
| 2020 | -6.2% | -19.4% |
| 2021 | -6.5% | +4.0% |
| 2022 | -8.3% | +27.3% |
| 2023 | -0.6% | -92.2% |
| 2024 | -1.6% | +149.1% |
Belize compared with similar countries
- Belize's -1.6% is above the median for upper middle income countries, which is -2.1%, 77% of the median. (53 countries reporting)
- Belize's -1.6% is above the median for Latin America & Caribbean, which is -1.6%, 1.0× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -9.7% | -16.2% | -1.6% | 10 |
| 2010s | -5.2% | -8.0% | -1.1% | 10 |
| 2020s | -4.7% | -8.3% | -0.6% | 5 |
Countries ranked near Belize
More economy & growth data for Belize
- Real gdp growth, annual growth rate 601 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.94 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 120.67 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0711 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0112 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 88.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Belize?
- Current account balance as a proportion of gdp in Belize was -1.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Belize?
- The highest recorded value was -0.6% in 2023.
- What is the lowest current account balance as a proportion of gdp recorded in Belize?
- The lowest recorded value was -16.2% in 2001.
- How does Belize rank for current account balance as a proportion of gdp?
- Belize ranks 114th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Belize?
- Over the last ten years it is up 74.6%. 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 Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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