External debt stocks in Belize
Belize: External debt stocks was 46.0% in 2024. ◆ Volatile
External debt stocks in Belize, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, external debt stocks in Belize stood at 46.0%.
The figure is down 10.4% on the previous year and down 28.4% over ten years.
Over the whole period, external debt stocks in Belize peaked at 87.1% in 2003 and was at its lowest, 4.6%, in 1975.
Belize ranks 55th of 121 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.
External debt stocks in Belize, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 7.9% | — |
| 1971 | 7.6% | -3.5% |
| 1972 | 8.0% | +5.3% |
| 1973 | 6.5% | -19.0% |
| 1974 | 5.7% | -12.3% |
| 1975 | 4.6% | -20.2% |
| 1976 | 10.3% | +126.8% |
| 1977 | 18.4% | +78.5% |
| 1978 | 25.7% | +39.5% |
| 1979 | 49.0% | +90.6% |
| 1980 | 24.7% | -49.7% |
| 1981 | 23.3% | -5.7% |
| 1982 | 28.6% | +23.1% |
| 1983 | 39.2% | +36.9% |
| 1984 | 34.9% | -10.9% |
| 1985 | 42.6% | +21.9% |
| 1986 | 39.9% | -6.3% |
| 1987 | 37.6% | -5.8% |
| 1988 | 31.9% | -15.3% |
| 1989 | 28.5% | -10.5% |
| 1990 | 26.5% | -7.1% |
| 1991 | 27.5% | +3.9% |
| 1992 | 26.6% | -3.5% |
| 1993 | 26.5% | -0.2% |
| 1994 | 26.6% | +0.4% |
| 1995 | 32.0% | +20.4% |
| 1996 | 34.1% | +6.6% |
| 1997 | 52.9% | +55.0% |
| 1998 | 37.2% | -29.8% |
| 1999 | 43.4% | +16.8% |
| 2000 | 58.0% | +33.7% |
| 2001 | 65.3% | +12.6% |
| 2002 | 72.2% | +10.5% |
| 2003 | 87.1% | +20.6% |
| 2004 | 75.2% | -13.6% |
| 2005 | 75.2% | -0.0% |
| 2006 | 71.9% | -4.4% |
| 2007 | 69.5% | -3.4% |
| 2008 | 81.1% | +16.7% |
| 2009 | 80.8% | -0.3% |
| 2010 | 81.1% | +0.4% |
| 2011 | 73.7% | -9.2% |
| 2012 | 66.9% | -9.3% |
| 2013 | 65.3% | -2.4% |
| 2014 | 64.3% | -1.5% |
| 2015 | 61.0% | -5.1% |
| 2016 | 60.6% | -0.7% |
| 2017 | 62.6% | +3.2% |
| 2018 | 63.1% | +0.9% |
| 2019 | 61.9% | -1.9% |
| 2020 | 77.0% | +24.3% |
| 2021 | 62.0% | -19.5% |
| 2022 | 54.2% | -12.5% |
| 2023 | 51.4% | -5.3% |
| 2024 | 46.0% | -10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.4% | 4.6% | 49.0% | 10 |
| 1980s | 33.1% | 23.3% | 42.6% | 10 |
| 1990s | 33.3% | 26.5% | 52.9% | 10 |
| 2000s | 73.6% | 58.0% | 87.1% | 10 |
| 2010s | 66.1% | 60.6% | 81.1% | 10 |
| 2020s | 58.1% | 46.0% | 77.0% | 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.31 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8496 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 6,526 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.31 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.7 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 13,052 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.18 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7035 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is external debt stocks in Belize?
- External debt stocks in Belize was 46.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Belize?
- The highest recorded value was 87.1% in 2003.
- What is the lowest external debt stocks recorded in Belize?
- The lowest recorded value was 4.6% in 1975.
- How does Belize rank for external debt stocks?
- Belize ranks 55th out of 121 countries with data for 2024.
- Is external debt stocks rising or falling in Belize?
- Over the last ten years it is down 28.4%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.