External balance on goods and services in Belize
Belize: External balance on goods and services was 94.46 million current LCU in 2024. ◆ Volatile
External balance on goods and services in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, external balance on goods and services in Belize stood at 94.46 million current LCU.
The figure is down 55.3% on the previous year and down 43.0% over ten years.
Over the whole period, external balance on goods and services in Belize peaked at 287.04 million current LCU in 2012 and was at its lowest, -260.76 million current LCU, in 2020.
Belize ranks 76th of 192 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -49.74 million current LCU | -78.54 million current LCU | -16.61 million current LCU | 10 |
| 1990s | 8.52 million current LCU | -103.44 million current LCU | 66.81 million current LCU | 10 |
| 2000s | -39.63 million current LCU | -247.23 million current LCU | 177.60 million current LCU | 10 |
| 2010s | 120.33 million current LCU | -84.45 million current LCU | 287.04 million current LCU | 10 |
| 2020s | -58.65 million current LCU | -260.76 million current LCU | 211.29 million current LCU | 5 |
Countries ranked near Belize
More economy & growth data for Belize
- External balance on goods and services as a percent of GDP 1.5% (2024)
- Inflation of consumer prices 1.1% (2025)
- GDP per capita 6,374 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 6.6% (2024)
- Gross domestic product (GDP) 2.70 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,374 constant 2015 US$ (2025)
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 299.82 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 149.91 million current US$ (2025)
- Taxes less subsidies on products 963.64 million current LCU (2024)
Frequently asked questions
- What is external balance on goods and services in Belize?
- External balance on goods and services in Belize was 94.46 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Belize?
- The highest recorded value was 287.04 million current LCU in 2012.
- What is the lowest external balance on goods and services recorded in Belize?
- The lowest recorded value was -260.76 million current LCU in 2020.
- How does Belize rank for external balance on goods and services?
- Belize ranks 76th out of 192 countries with data for 2024.
- Is external balance on goods and services rising or falling in Belize?
- Over the last ten years it is down 43.0%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). 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
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.