Merchandise trade as a proportion of GDP in Belize
Belize: Merchandise trade as a proportion of GDP was 60.5% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Belize, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Belize is 60.5%, measured in 2024.
Compared with earlier readings it is up 0.9% on the previous year and down 16.6% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Belize peaked at 78.3% in 2011 and was at its lowest, 52.6%, in 2020.
That places Belize 79th out of 188 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP in Belize, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 63.3% | — |
| 2001 | 58.5% | -7.5% |
| 2002 | 64.3% | +9.9% |
| 2003 | 65.4% | +1.6% |
| 2004 | 58.9% | -9.8% |
| 2005 | 61.9% | +5.0% |
| 2006 | 67.8% | +9.7% |
| 2007 | 64.5% | -5.0% |
| 2008 | 75.1% | +16.5% |
| 2009 | 62.2% | -17.2% |
| 2010 | 67.7% | +8.8% |
| 2011 | 78.3% | +15.7% |
| 2012 | 77.6% | -0.9% |
| 2013 | 75.5% | -2.7% |
| 2014 | 72.5% | -4.0% |
| 2015 | 69.7% | -3.9% |
| 2016 | 62.3% | -10.6% |
| 2017 | 60.6% | -2.8% |
| 2018 | 61.6% | +1.7% |
| 2019 | 59.3% | -3.9% |
| 2020 | 52.6% | -11.3% |
| 2021 | 61.1% | +16.2% |
| 2022 | 66.7% | +9.2% |
| 2023 | 59.9% | -10.2% |
| 2024 | 60.5% | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 64.2% | 58.5% | 75.1% | 10 |
| 2010s | 68.5% | 59.3% | 78.3% | 10 |
| 2020s | 60.1% | 52.6% | 66.7% | 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)
- Manufacturing, value added (constant LCU), per capita 841.18 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 6.13 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.1457 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 1,119 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 6.13 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.2914 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 2,239 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 0.918 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Belize?
- Merchandise trade as a proportion of gdp in Belize was 60.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Belize?
- The highest recorded value was 78.3% in 2011.
- What is the lowest merchandise trade as a proportion of gdp recorded in Belize?
- The lowest recorded value was 52.6% in 2020.
- How does Belize rank for merchandise trade as a proportion of gdp?
- Belize ranks 79th out of 188 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Belize?
- Over the last ten years it is down 16.6%. The long-run trend across the full record is falling.
- Where does this Belize data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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