Value of exported goods as a share of GDP in Belize
Belize: Value of exported goods as a share of GDP was 26.9% in 2014. ▼ Falling
Latest (2014)
26.9%
Change on year
down 12.9%
World rank
101st
of 193 countries
All-time high
77.0%
in 1978
All-time low
22.4%
in 2002
Years of data
55
1960–2014
Value of exported goods as a share of GDP in Belize, 1960–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in %.
Analysis
In 2014, value of exported goods as a share of gdp in Belize stood at 26.9%.
Compared with earlier readings it is down 12.9% on the previous year and down 13.1% over ten years.
Over the whole period, value of exported goods as a share of gdp in Belize peaked at 77.0% in 1978 and was at its lowest, 22.4%, in 2002.
Belize ranks 101st of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Value of exported goods as a share of GDP in Belize, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 27.8% | — |
| 1961 | 43.4% | +56.1% |
| 1962 | 28.9% | -33.4% |
| 1963 | 54.8% | +89.6% |
| 1964 | 60.5% | +10.4% |
| 1965 | 48.9% | -19.2% |
| 1966 | 36.3% | -25.8% |
| 1967 | 45.0% | +24.0% |
| 1968 | 49.7% | +10.6% |
| 1969 | 52.9% | +6.3% |
| 1970 | 45.5% | -14.0% |
| 1971 | 52.3% | +15.1% |
| 1972 | 39.9% | -23.7% |
| 1973 | 42.6% | +6.6% |
| 1974 | 52.3% | +22.8% |
| 1975 | 59.1% | +13.1% |
| 1976 | 43.8% | -25.9% |
| 1977 | 46.1% | +5.1% |
| 1978 | 77.0% | +67.1% |
| 1979 | 60.6% | -21.3% |
| 1980 | 57.3% | -5.5% |
| 1981 | 46.9% | -18.1% |
| 1982 | 51.3% | +9.4% |
| 1983 | 41.1% | -19.8% |
| 1984 | 44.2% | +7.5% |
| 1985 | 43.1% | -2.5% |
| 1986 | 40.6% | -5.7% |
| 1987 | 36.4% | -10.6% |
| 1988 | 39.8% | +9.5% |
| 1989 | 40.4% | +1.4% |
| 1990 | 31.7% | -21.4% |
| 1991 | 25.8% | -18.6% |
| 1992 | 28.8% | +11.5% |
| 1993 | 26.9% | -6.6% |
| 1994 | 32.4% | +20.7% |
| 1995 | 35.2% | +8.6% |
| 1996 | 39.2% | +11.3% |
| 1997 | 39.4% | +0.6% |
| 1998 | 37.9% | -3.9% |
| 1999 | 51.4% | +35.7% |
| 2000 | 39.1% | -24.1% |
| 2001 | 31.4% | -19.6% |
| 2002 | 22.4% | -28.5% |
| 2003 | 32.2% | +43.4% |
| 2004 | 31.0% | -3.7% |
| 2005 | 29.4% | -5.0% |
| 2006 | 31.8% | +7.9% |
| 2007 | 34.0% | +7.1% |
| 2008 | 36.0% | +6.0% |
| 2009 | 29.6% | -17.9% |
| 2010 | 29.5% | -0.2% |
| 2011 | 34.9% | +18.1% |
| 2012 | 33.6% | -3.6% |
| 2013 | 30.9% | -8.2% |
| 2014 | 26.9% | -12.9% |
Belize compared with similar countries
- Belize's 26.9% is above the median for upper middle income countries, which is 25.3%, 1.1× the median. (56 countries reporting)
- Belize's 26.9% is above the median for Latin America & Caribbean, which is 20.7%, 1.3× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 44.8% | 27.8% | 60.5% | 10 |
| 1970s | 51.9% | 39.9% | 77.0% | 10 |
| 1980s | 44.1% | 36.4% | 57.3% | 10 |
| 1990s | 34.9% | 25.8% | 51.4% | 10 |
| 2000s | 31.7% | 22.4% | 39.1% | 10 |
| 2010s | 31.2% | 26.9% | 34.9% | 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 value of exported goods as a share of gdp in Belize?
- Value of exported goods as a share of gdp in Belize was 26.9% in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest value of exported goods as a share of gdp recorded in Belize?
- The highest recorded value was 77.0% in 1978.
- What is the lowest value of exported goods as a share of gdp recorded in Belize?
- The lowest recorded value was 22.4% in 2002.
- How does Belize rank for value of exported goods as a share of gdp?
- Belize ranks 101st out of 193 countries with data for 2014.
- Is value of exported goods as a share of gdp rising or falling in Belize?
- Over the last ten years it is down 13.1%. The long-run trend across the full record is falling.
- Where does this Belize data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Value of exported goods as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total value of merchandise exports divided by gross domestic product (GDP), expressed as a percentage.