Imports of goods and services in Belize
Belize: Imports of goods and services was 11.7% in 2024. ◆ Volatile
Imports of goods and services in Belize, 1981–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, imports of goods and services in Belize stood at 11.7%.
Compared with earlier readings it is up 593.6% on the previous year and up 247.1% over ten years.
Over the whole period, imports of goods and services in Belize peaked at 32.1% in 2021 and was at its lowest, -22.9%, in 2020.
That places Belize 29th out of 178 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Belize, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1981 | 1.0% | — |
| 1982 | -18.8% | -1970.2% |
| 1983 | -10.2% | -45.7% |
| 1984 | 16.5% | -261.1% |
| 1985 | -15.7% | -195.1% |
| 1986 | 1.9% | -112.1% |
| 1987 | 28.3% | +1391.5% |
| 1988 | 20.1% | -28.8% |
| 1989 | 13.8% | -31.3% |
| 1990 | -3.6% | -126.1% |
| 1991 | 22.3% | -716.9% |
| 1992 | -10.4% | -146.6% |
| 1993 | 2.1% | -120.6% |
| 1994 | 6.3% | +195.1% |
| 1995 | -5.2% | -182.6% |
| 1996 | 5.5% | -205.8% |
| 1997 | 12.1% | +119.6% |
| 1998 | 10.4% | -13.8% |
| 1999 | 24.6% | +135.6% |
| 2000 | 20.1% | -18.3% |
| 2001 | -0.8% | -104.0% |
| 2002 | 2.6% | -427.8% |
| 2003 | 2.1% | -19.3% |
| 2004 | -7.5% | -452.9% |
| 2005 | 6.7% | -189.3% |
| 2006 | 0.5% | -93.1% |
| 2007 | -1.1% | -346.0% |
| 2008 | 9.4% | -926.0% |
| 2009 | -15.7% | -267.2% |
| 2010 | 3.2% | -120.2% |
| 2011 | 13.0% | +309.0% |
| 2012 | 7.2% | -44.5% |
| 2013 | 8.9% | +24.3% |
| 2014 | 3.4% | -62.2% |
| 2015 | 9.4% | +176.9% |
| 2016 | -0.7% | -107.4% |
| 2017 | -2.1% | +210.8% |
| 2018 | 0.1% | -103.1% |
| 2019 | 5.3% | +7901.0% |
| 2020 | -22.9% | -532.5% |
| 2021 | 32.1% | -240.3% |
| 2022 | 10.2% | -68.2% |
| 2023 | -2.4% | -123.3% |
| 2024 | 11.7% | -593.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.1% | -18.8% | 28.3% | 9 |
| 1990s | 6.4% | -10.4% | 24.6% | 10 |
| 2000s | 1.6% | -15.7% | 20.1% | 10 |
| 2010s | 4.8% | -2.1% | 13.0% | 10 |
| 2020s | 5.8% | -22.9% | 32.1% | 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)
- Final consumption expenditure (constant 2015 US$), per capita 5,119 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 6.67 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 7,682 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 6.67 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 2 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 15,365 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 4.18 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services in Belize?
- Imports of goods and services in Belize was 11.7% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest imports of goods and services recorded in Belize?
- The highest recorded value was 32.1% in 2021.
- What is the lowest imports of goods and services recorded in Belize?
- The lowest recorded value was -22.9% in 2020.
- How does Belize rank for imports of goods and services?
- Belize ranks 29th out of 178 countries with data for 2024.
- Is imports of goods and services rising or falling in Belize?
- Over the last ten years it is up 247.1%. 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 Offices (NSOs), published as part of Imports of goods and services (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.