Value of imported goods as a share of GDP in Belize
Belize: Value of imported goods as a share of GDP was 45.2% in 2024. ▼ Falling
Value of imported goods as a share of GDP in Belize, 1963–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for value of imported goods as a share of gdp in Belize is 45.2%, measured in 2024.
The figure is up 4.0% on the previous year and up 0.6% over ten years.
Over the whole period, value of imported goods as a share of gdp in Belize peaked at 83.1% in 1979 and was at its lowest, 30.0%, in 1996.
That places Belize 59th out of 201 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 61 years of available data.
Value of imported goods as a share of GDP in Belize, year by year
| Year | % | Change |
|---|---|---|
| 1963 | 54.2% | — |
| 1964 | 53.8% | -0.6% |
| 1965 | 59.6% | +10.7% |
| 1966 | 59.3% | -0.5% |
| 1967 | 52.1% | -12.1% |
| 1968 | 57.3% | +9.9% |
| 1969 | 60.7% | +6.0% |
| 1970 | 60.3% | -0.7% |
| 1971 | 56.8% | -5.8% |
| 1972 | 48.3% | -15.0% |
| 1973 | 45.3% | -6.1% |
| 1974 | 48.9% | +7.9% |
| 1975 | 73.0% | +49.1% |
| 1976 | 73.0% | +0.0% |
| 1977 | 65.1% | -10.7% |
| 1978 | 76.6% | +17.6% |
| 1979 | 83.1% | +8.4% |
| 1981 | 54.0% | -35.0% |
| 1982 | 44.1% | -18.3% |
| 1983 | 35.8% | -18.9% |
| 1984 | 44.5% | +24.4% |
| 1985 | 44.2% | -0.7% |
| 1986 | 38.8% | -12.3% |
| 1987 | 38.1% | -1.7% |
| 1988 | 40.8% | +7.1% |
| 1989 | 43.4% | +6.2% |
| 1990 | 38.5% | -11.3% |
| 1991 | 40.0% | +3.9% |
| 1992 | 39.4% | -1.5% |
| 1993 | 37.5% | -4.8% |
| 1994 | 33.5% | -10.7% |
| 1995 | 31.6% | -5.8% |
| 1996 | 30.0% | -4.8% |
| 1997 | 32.7% | +8.9% |
| 1998 | 32.1% | -1.9% |
| 1999 | 36.7% | +14.4% |
| 2000 | 38.9% | +6.0% |
| 2001 | 44.3% | +13.9% |
| 2002 | 30.6% | -30.8% |
| 2003 | 40.0% | +30.6% |
| 2004 | 35.0% | -12.5% |
| 2005 | 34.8% | -0.5% |
| 2006 | 41.5% | +19.2% |
| 2007 | 40.1% | -3.4% |
| 2008 | 48.1% | +20.0% |
| 2009 | 38.5% | -19.9% |
| 2010 | 34.8% | -9.6% |
| 2011 | 43.6% | +25.2% |
| 2012 | 43.9% | +0.7% |
| 2013 | 44.5% | +1.3% |
| 2014 | 44.9% | +1.0% |
| 2015 | 46.8% | +4.2% |
| 2016 | 42.5% | -9.2% |
| 2017 | 40.3% | -5.2% |
| 2018 | 41.9% | +3.9% |
| 2019 | 41.4% | -1.1% |
| 2020 | 38.4% | -7.1% |
| 2021 | 43.1% | +12.1% |
| 2022 | 47.7% | +10.6% |
| 2023 | 43.5% | -8.8% |
| 2024 | 45.2% | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 56.7% | 52.1% | 60.7% | 7 |
| 1970s | 63.0% | 45.3% | 83.1% | 10 |
| 1980s | 42.6% | 35.8% | 54.0% | 9 |
| 1990s | 35.2% | 30.0% | 40.0% | 10 |
| 2000s | 39.2% | 30.6% | 48.1% | 10 |
| 2010s | 42.5% | 34.8% | 46.8% | 10 |
| 2020s | 43.6% | 38.4% | 47.7% | 5 |
Countries ranked near Belize
- 56 Mozambique 46.4% compare
- 57 Nicaragua 45.8% compare
- 58 El Salvador 45.7% compare
- 60 Saint Vincent and the Grenadines 44.7% compare
- 61 Jordan 44.6% compare
- 62 Ukraine 44.0% 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)
- Exports of goods and services (current LCU), annual growth rate 5.51 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 1.1 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 8,484 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 5.97 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4652 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 3,573 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 8.2 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2113 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is value of imported goods as a share of gdp in Belize?
- Value of imported goods as a share of gdp in Belize was 45.2% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Belize?
- The highest recorded value was 83.1% in 1979.
- What is the lowest value of imported goods as a share of gdp recorded in Belize?
- The lowest recorded value was 30.0% in 1996.
- How does Belize rank for value of imported goods as a share of gdp?
- Belize ranks 59th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Belize?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is falling.
- Where does this Belize data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).