Imports of goods and services in Belize
Belize: Imports of goods and services was 53.7% in 2024. ▲ Rising
Imports of goods and services in Belize, 1980–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for imports of goods and services in Belize is 53.7%, measured in 2024.
That represents a change of up 4.4% on the previous year and up 4.1% over ten years.
Over the whole period, imports of goods and services in Belize peaked at 55.3% in 2022 and was at its lowest, 36.2%, in 1986.
That places Belize 72nd out of 193 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Imports of goods and services in Belize, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 44.1% | — |
| 1981 | 47.4% | +7.4% |
| 1982 | 43.3% | -8.7% |
| 1983 | 39.9% | -7.9% |
| 1984 | 43.3% | +8.7% |
| 1985 | 38.0% | -12.4% |
| 1986 | 36.2% | -4.7% |
| 1987 | 39.7% | +9.7% |
| 1988 | 43.3% | +9.1% |
| 1989 | 43.2% | -0.2% |
| 1990 | 38.6% | -10.8% |
| 1991 | 43.2% | +12.1% |
| 1992 | 39.3% | -9.0% |
| 1993 | 37.3% | -5.2% |
| 1994 | 39.4% | +5.7% |
| 1995 | 37.1% | -5.7% |
| 1996 | 37.8% | +1.9% |
| 1997 | 41.7% | +10.1% |
| 1998 | 42.1% | +1.1% |
| 1999 | 49.2% | +16.9% |
| 2000 | 53.7% | +9.1% |
| 2001 | 51.3% | -4.6% |
| 2002 | 49.5% | -3.5% |
| 2003 | 49.8% | +0.7% |
| 2004 | 44.1% | -11.4% |
| 2005 | 47.3% | +7.2% |
| 2006 | 47.1% | -0.4% |
| 2007 | 45.4% | -3.6% |
| 2008 | 51.6% | +13.8% |
| 2009 | 44.1% | -14.5% |
| 2010 | 44.2% | +0.2% |
| 2011 | 50.2% | +13.5% |
| 2012 | 51.8% | +3.3% |
| 2013 | 52.6% | +1.6% |
| 2014 | 51.6% | -2.0% |
| 2015 | 52.5% | +1.7% |
| 2016 | 49.2% | -6.3% |
| 2017 | 47.9% | -2.6% |
| 2018 | 49.3% | +2.8% |
| 2019 | 50.4% | +2.4% |
| 2020 | 44.0% | -12.7% |
| 2021 | 51.4% | +16.8% |
| 2022 | 55.3% | +7.5% |
| 2023 | 51.5% | -6.9% |
| 2024 | 53.7% | +4.4% |
Belize compared with similar countries
- Belize's 53.7% is above the median for upper middle income countries, which is 43.0%, 1.2× the median. (53 countries reporting)
- Belize's 53.7% is above the median for Latin America & Caribbean, which is 39.3%, 1.4× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 41.8% | 36.2% | 47.4% | 10 |
| 1990s | 40.6% | 37.1% | 49.2% | 10 |
| 2000s | 48.4% | 44.1% | 53.7% | 10 |
| 2010s | 50.0% | 44.2% | 52.6% | 10 |
| 2020s | 51.2% | 44.0% | 55.3% | 5 |
Countries ranked near Belize
- 69 Tunisia 54.8% compare
- 70 Mauritania 54.2% compare
- 71 Bosnia and Herzegovina 54.1% compare
- 73 Eswatini 53.7% compare
- 74 Armenia 53.6% compare
- 75 Palestine, State of 53.5% compare
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 imports of goods and services in Belize?
- Imports of goods and services in Belize was 53.7% 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 55.3% in 2022.
- What is the lowest imports of goods and services recorded in Belize?
- The lowest recorded value was 36.2% in 1986.
- How does Belize rank for imports of goods and services?
- Belize ranks 72nd out of 193 countries with data for 2024.
- Is imports of goods and services rising or falling in Belize?
- Over the last ten years it is up 4.1%. 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 Imports 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
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 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.