Value of imported goods as a share of GDP in Belize
Belize: Value of imported goods as a share of GDP was 69.8% in 2014. ▼ Falling
Latest (2014)
69.8%
Change on year
down 8.2%
World rank
39th
of 193 countries
All-time high
164.3%
in 1969
All-time low
44.6%
in 1994
Years of data
55
1960–2014
Value of imported 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 imported goods as a share of gdp in Belize stood at 69.8%.
The figure is down 8.2% on the previous year and up 33.6% over ten years.
Over the whole period, value of imported goods as a share of gdp in Belize peaked at 164.3% in 1969 and was at its lowest, 44.6%, in 1994.
Belize ranks 39th of 193 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 55 years of available data.
Value of imported goods as a share of GDP in Belize, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 82.6% | — |
| 1961 | 88.1% | +6.6% |
| 1962 | 115.8% | +31.5% |
| 1963 | 66.4% | -42.7% |
| 1964 | 65.8% | -0.8% |
| 1965 | 78.8% | +19.7% |
| 1966 | 69.1% | -12.3% |
| 1967 | 60.1% | -13.1% |
| 1968 | 89.3% | +48.7% |
| 1969 | 164.3% | +83.9% |
| 1970 | 90.6% | -44.9% |
| 1971 | 70.9% | -21.7% |
| 1972 | 60.5% | -14.6% |
| 1973 | 56.0% | -7.6% |
| 1974 | 62.6% | +11.8% |
| 1975 | 75.0% | +19.8% |
| 1976 | 75.2% | +0.3% |
| 1977 | 66.8% | -11.1% |
| 1978 | 78.9% | +18.0% |
| 1979 | 88.1% | +11.7% |
| 1980 | 69.3% | -21.4% |
| 1981 | 84.0% | +21.2% |
| 1982 | 71.4% | -14.9% |
| 1983 | 58.7% | -17.8% |
| 1984 | 61.6% | +5.0% |
| 1985 | 61.3% | -0.6% |
| 1986 | 53.5% | -12.6% |
| 1987 | 51.5% | -3.8% |
| 1988 | 63.5% | +23.3% |
| 1989 | 59.7% | -6.0% |
| 1990 | 55.2% | -7.6% |
| 1991 | 53.9% | -2.3% |
| 1992 | 53.9% | +0.1% |
| 1993 | 50.5% | -6.4% |
| 1994 | 44.6% | -11.6% |
| 1995 | 44.9% | +0.6% |
| 1996 | 47.3% | +5.4% |
| 1997 | 44.7% | -5.5% |
| 1998 | 47.1% | +5.3% |
| 1999 | 50.1% | +6.3% |
| 2000 | 53.2% | +6.3% |
| 2001 | 55.6% | +4.5% |
| 2002 | 51.4% | -7.5% |
| 2003 | 55.5% | +8.0% |
| 2004 | 52.2% | -5.9% |
| 2005 | 69.1% | +32.4% |
| 2006 | 60.6% | -12.3% |
| 2007 | 63.1% | +4.1% |
| 2008 | 75.2% | +19.3% |
| 2009 | 61.1% | -18.8% |
| 2010 | 63.7% | +4.3% |
| 2011 | 75.1% | +17.8% |
| 2012 | 87.4% | +16.4% |
| 2013 | 76.0% | -13.0% |
| 2014 | 69.8% | -8.2% |
Belize compared with similar countries
- Belize's 69.8% is above the median for upper middle income countries, which is 41.9%, 1.7× the median. (56 countries reporting)
- Belize's 69.8% is above the median for Latin America & Caribbean, which is 41.0%, 1.7× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 88.0% | 60.1% | 164.3% | 10 |
| 1970s | 72.5% | 56.0% | 90.6% | 10 |
| 1980s | 63.4% | 51.5% | 84.0% | 10 |
| 1990s | 49.2% | 44.6% | 55.2% | 10 |
| 2000s | 59.7% | 51.4% | 75.2% | 10 |
| 2010s | 74.4% | 63.7% | 87.4% | 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 imported goods as a share of gdp in Belize?
- Value of imported goods as a share of gdp in Belize was 69.8% in 2014, according to Fouquin and Hugot (2016) – processed 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 164.3% in 1969.
- What is the lowest value of imported goods as a share of gdp recorded in Belize?
- The lowest recorded value was 44.6% in 1994.
- How does Belize rank for value of imported goods as a share of gdp?
- Belize ranks 39th out of 193 countries with data for 2014.
- Is value of imported goods as a share of gdp rising or falling in Belize?
- Over the last ten years it is up 33.6%. 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 imported 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
Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.