Personal remittances, received in Belize
Belize: Personal remittances, received was 3.7% in 2025. ▲ Rising
Personal remittances, received in Belize, 1984–2025
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
Belize recorded 3.7% for personal remittances, received in 2025.
Compared with earlier readings it is down 1.9% on the previous year and down 3.7% over ten years.
Over the whole period, personal remittances, received in Belize peaked at 7.8% in 1986 and was at its lowest, 1.7%, in 1994.
That places Belize 72nd out of 195 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 42 years of available data.
Personal remittances, received in Belize, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1984 | 6.1% | — |
| 1985 | 7.3% | +19.9% |
| 1986 | 7.8% | +6.9% |
| 1987 | 5.2% | -33.4% |
| 1988 | 4.0% | -22.9% |
| 1989 | 4.5% | +11.1% |
| 1990 | 3.4% | -24.5% |
| 1991 | 2.6% | -22.5% |
| 1992 | 2.8% | +8.6% |
| 1993 | 2.2% | -22.7% |
| 1994 | 1.7% | -23.4% |
| 1995 | 1.7% | +1.0% |
| 1996 | 2.0% | +19.5% |
| 1997 | 2.6% | +28.2% |
| 1998 | 2.5% | -3.1% |
| 1999 | 2.4% | -3.0% |
| 2000 | 2.2% | -10.5% |
| 2001 | 2.4% | +10.9% |
| 2002 | 2.2% | -11.0% |
| 2003 | 2.5% | +13.9% |
| 2004 | 2.4% | -2.2% |
| 2005 | 3.0% | +26.1% |
| 2006 | 4.0% | +32.3% |
| 2007 | 4.3% | +6.8% |
| 2008 | 4.4% | +2.7% |
| 2009 | 4.7% | +5.8% |
| 2010 | 4.5% | -4.0% |
| 2011 | 4.1% | -7.9% |
| 2012 | 4.0% | -3.7% |
| 2013 | 3.7% | -7.7% |
| 2014 | 3.8% | +2.8% |
| 2015 | 3.9% | +2.9% |
| 2016 | 4.3% | +11.7% |
| 2017 | 4.0% | -7.8% |
| 2018 | 4.0% | +1.7% |
| 2019 | 4.1% | +0.5% |
| 2020 | 5.9% | +45.0% |
| 2021 | 5.6% | -5.4% |
| 2022 | 5.0% | -10.2% |
| 2023 | 3.9% | -22.6% |
| 2024 | 3.8% | -2.1% |
| 2025 | 3.7% | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.8% | 4.0% | 7.8% | 6 |
| 1990s | 2.4% | 1.7% | 3.4% | 10 |
| 2000s | 3.2% | 2.2% | 4.7% | 10 |
| 2010s | 4.0% | 3.7% | 4.5% | 10 |
| 2020s | 4.6% | 3.7% | 5.9% | 6 |
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)
- Services, value added (constant LCU), per capita 8,090 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.06 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.31 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8496 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 6,526 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.31 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.7 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 13,052 current LCU per person (2024)
Frequently asked questions
- What is personal remittances, received in Belize?
- Personal remittances, received in Belize was 3.7% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Belize?
- The highest recorded value was 7.8% in 1986.
- What is the lowest personal remittances, received recorded in Belize?
- The lowest recorded value was 1.7% in 1994.
- How does Belize rank for personal remittances, received?
- Belize ranks 72nd out of 195 countries with data for 2025.
- Is personal remittances, received rising or falling in Belize?
- Over the last ten years it is down 3.7%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.