Debt service as a proportion of exports of goods, services and in Belize
Belize: Debt service as a proportion of exports of goods, services and was 7.0% in 2023. ◆ Volatile
Debt service as a proportion of exports of goods, services and in Belize, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Belize recorded 7.0% for debt service as a proportion of exports of goods, services and in 2023.
The figure is up 32.9% on the previous year and down 35.4% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Belize peaked at 79.0% in 2007 and was at its lowest, 5.3%, in 2022.
Belize ranks 68th of 125 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.
Debt service as a proportion of exports of goods, services and in Belize, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 17.1% | — |
| 2001 | 21.8% | +27.2% |
| 2002 | 38.7% | +77.3% |
| 2003 | 29.1% | -24.8% |
| 2004 | 61.5% | +111.6% |
| 2005 | 36.8% | -40.1% |
| 2006 | 17.6% | -52.3% |
| 2007 | 79.0% | +348.9% |
| 2008 | 11.6% | -85.3% |
| 2009 | 13.1% | +13.1% |
| 2010 | 11.6% | -11.8% |
| 2011 | 9.3% | -19.2% |
| 2012 | 9.3% | -0.7% |
| 2013 | 10.8% | +16.3% |
| 2014 | 6.9% | -36.2% |
| 2015 | 7.4% | +7.3% |
| 2016 | 8.7% | +17.6% |
| 2017 | 8.3% | -4.7% |
| 2018 | 7.9% | -4.4% |
| 2019 | 8.4% | +6.6% |
| 2020 | 10.5% | +23.8% |
| 2021 | 58.5% | +459.0% |
| 2022 | 5.3% | -91.0% |
| 2023 | 7.0% | +32.9% |
Belize compared with similar countries
- Belize's 7.0% is below the median for upper middle income countries, which is 7.6%, 91% of the median. (49 countries reporting)
- Belize's 7.0% is below the median for Latin America & Caribbean, which is 7.4%, 95% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Debt service as a proportion of exports of goods, services and in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +459.0% | 10.5% | 58.5% |
| 2007 | +348.9% | 17.6% | 79.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.6% | 11.6% | 79.0% | 10 |
| 2010s | 8.9% | 6.9% | 11.6% | 10 |
| 2020s | 20.3% | 5.3% | 58.5% | 4 |
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)
- 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 debt service as a proportion of exports of goods, services and in Belize?
- Debt service as a proportion of exports of goods, services and in Belize was 7.0% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Belize?
- The highest recorded value was 79.0% in 2007.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Belize?
- The lowest recorded value was 5.3% in 2022.
- How does Belize rank for debt service as a proportion of exports of goods, services and?
- Belize ranks 68th out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Belize?
- Over the last ten years it is down 35.4%. 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 Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
Download this data
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