Exports of goods and services in Belize
Belize: Exports of goods and services was 55.2% in 2024. ▲ Rising
Exports of goods and services in Belize, 1980–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, exports of goods and services in Belize stood at 55.2%.
That represents a change of up 0.5% on the previous year and down 0.5% over ten years.
Over the whole period, exports of goods and services in Belize peaked at 59.3% in 2012 and was at its lowest, 28.5%, in 1982.
Belize ranks 44th of 193 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Exports of goods and services in Belize, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 34.6% | — |
| 1981 | 32.6% | -5.7% |
| 1982 | 28.5% | -12.4% |
| 1983 | 29.2% | +2.3% |
| 1984 | 37.4% | +28.2% |
| 1985 | 29.1% | -22.2% |
| 1986 | 33.5% | +15.1% |
| 1987 | 37.2% | +10.9% |
| 1988 | 38.2% | +2.8% |
| 1989 | 35.2% | -7.9% |
| 1990 | 40.8% | +16.0% |
| 1991 | 36.0% | -11.9% |
| 1992 | 41.0% | +14.0% |
| 1993 | 38.5% | -6.2% |
| 1994 | 41.5% | +7.9% |
| 1995 | 40.2% | -3.1% |
| 1996 | 41.8% | +3.8% |
| 1997 | 43.8% | +4.9% |
| 1998 | 43.2% | -1.4% |
| 1999 | 44.1% | +2.1% |
| 2000 | 42.9% | -2.7% |
| 2001 | 41.9% | -2.3% |
| 2002 | 43.6% | +4.1% |
| 2003 | 44.6% | +2.2% |
| 2004 | 42.3% | -5.1% |
| 2005 | 45.7% | +8.1% |
| 2006 | 51.8% | +13.3% |
| 2007 | 50.6% | -2.4% |
| 2008 | 53.8% | +6.4% |
| 2009 | 45.4% | -15.6% |
| 2010 | 50.6% | +11.4% |
| 2011 | 56.7% | +12.0% |
| 2012 | 59.3% | +4.6% |
| 2013 | 56.0% | -5.6% |
| 2014 | 55.5% | -0.9% |
| 2015 | 51.6% | -7.1% |
| 2016 | 47.3% | -8.3% |
| 2017 | 49.8% | +5.3% |
| 2018 | 51.7% | +3.9% |
| 2019 | 52.0% | +0.5% |
| 2020 | 37.6% | -27.6% |
| 2021 | 47.6% | +26.4% |
| 2022 | 52.6% | +10.5% |
| 2023 | 54.9% | +4.5% |
| 2024 | 55.2% | +0.5% |
Belize compared with similar countries
- Belize's 55.2% is above the median for upper middle income countries, which is 37.2%, 1.5× the median. (53 countries reporting)
- Belize's 55.2% is above the median for Latin America & Caribbean, which is 37.2%, 1.5× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 33.6% | 28.5% | 38.2% | 10 |
| 1990s | 41.1% | 36.0% | 44.1% | 10 |
| 2000s | 46.3% | 41.9% | 53.8% | 10 |
| 2010s | 53.1% | 47.3% | 59.3% | 10 |
| 2020s | 49.6% | 37.6% | 55.2% | 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)
- 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 exports of goods and services in Belize?
- Exports of goods and services in Belize was 55.2% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest exports of goods and services recorded in Belize?
- The highest recorded value was 59.3% in 2012.
- What is the lowest exports of goods and services recorded in Belize?
- The lowest recorded value was 28.5% in 1982.
- How does Belize rank for exports of goods and services?
- Belize ranks 44th out of 193 countries with data for 2024.
- Is exports of goods and services rising or falling in Belize?
- Over the last ten years it is down 0.5%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Exports of goods and services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. 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.