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Short-term debt in Belize

Belize: Short-term debt was 0.8% in 2024. ◆ Volatile

Latest (2024)
0.8%
Change on year
up 6.3%
World rank
105th
of 119 countries
All-time high
53.7%
in 1997
All-time low
0.2%
in 2004
Years of data
41
1984–2024

Short-term debt in Belize, 1984–2024

02040601984200420241984: 13.8 % of exports of goods, services and primary income1985: 10.1 % of exports of goods, services and primary income1986: 8.2 % of exports of goods, services and primary income1987: 9 % of exports of goods, services and primary income1988: 2.7 % of exports of goods, services and primary income1989: 2.3 % of exports of goods, services and primary income1990: 2.4 % of exports of goods, services and primary income1991: 4.2 % of exports of goods, services and primary income1992: 3.8 % of exports of goods, services and primary income1993: 6.6 % of exports of goods, services and primary income1994: 5.8 % of exports of goods, services and primary income1995: 11.9 % of exports of goods, services and primary income1996: 9.9 % of exports of goods, services and primary income1997: 53.7 % of exports of goods, services and primary income1998: 15.1 % of exports of goods, services and primary income1999: 12.6 % of exports of goods, services and primary income2000: 11.6 % of exports of goods, services and primary income2001: 11.7 % of exports of goods, services and primary income2002: 9.5 % of exports of goods, services and primary income2003: 15.5 % of exports of goods, services and primary income2004: 0.246 % of exports of goods, services and primary income2005: 1.1 % of exports of goods, services and primary income2006: 0.983 % of exports of goods, services and primary income2007: 0.884 % of exports of goods, services and primary income2008: 0.858 % of exports of goods, services and primary income2009: 1.3 % of exports of goods, services and primary income2010: 0.829 % of exports of goods, services and primary income2011: 0.824 % of exports of goods, services and primary income2012: 0.59 % of exports of goods, services and primary income2013: 0.539 % of exports of goods, services and primary income2014: 0.498 % of exports of goods, services and primary income2015: 0.681 % of exports of goods, services and primary income2016: 0.42 % of exports of goods, services and primary income2017: 0.463 % of exports of goods, services and primary income2018: 0.336 % of exports of goods, services and primary income2019: 0.378 % of exports of goods, services and primary income2020: 1.1 % of exports of goods, services and primary income2021: 0.936 % of exports of goods, services and primary income2022: 0.715 % of exports of goods, services and primary income2023: 0.738 % of exports of goods, services and primary income2024: 0.784 % of exports of goods, services and primary income

Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.

Analysis

In 2024, short-term debt in Belize stood at 0.8%.

The figure is up 6.3% on the previous year and up 57.6% over ten years.

Over the whole period, short-term debt in Belize peaked at 53.7% in 1997 and was at its lowest, 0.2%, in 2004.

That places Belize 105th out of 119 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Short-term debt in Belize, year by year

Year % of exports of goods, services and primary income Change
1984 13.8% —
1985 10.1% -26.8%
1986 8.2% -18.6%
1987 9.0% +8.9%
1988 2.7% -69.7%
1989 2.3% -14.9%
1990 2.4% +3.4%
1991 4.2% +75.2%
1992 3.8% -9.4%
1993 6.6% +73.1%
1994 5.8% -11.9%
1995 11.9% +105.8%
1996 9.9% -17.2%
1997 53.7% +445.3%
1998 15.1% -71.8%
1999 12.6% -16.6%
2000 11.6% -8.0%
2001 11.7% +0.9%
2002 9.5% -19.0%
2003 15.5% +63.6%
2004 0.2% -98.4%
2005 1.1% +348.8%
2006 1.0% -10.9%
2007 0.9% -10.1%
2008 0.9% -2.9%
2009 1.3% +51.3%
2010 0.8% -36.2%
2011 0.8% -0.5%
2012 0.6% -28.4%
2013 0.5% -8.8%
2014 0.5% -7.6%
2015 0.7% +36.8%
2016 0.4% -38.4%
2017 0.5% +10.2%
2018 0.3% -27.4%
2019 0.4% +12.5%
2020 1.1% +192.4%
2021 0.9% -15.4%
2022 0.7% -23.6%
2023 0.7% +3.3%
2024 0.8% +6.3%

Belize compared with similar countries

  • Belize's 0.8% is below the median for upper middle income countries, which is 17.7%, 4% of the median. (51 countries reporting)
  • Belize's 0.8% is below the median for Latin America & Caribbean, which is 14.1%, 6% of the median. (22 countries reporting)

Biggest year-on-year movements

Years where Short-term debt in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1997 +445.3% 9.9% 53.7%
2005 +348.8% 0.2% 1.1%
2020 +192.4% 0.4% 1.1%

Averages by decade

DecadeAverage LowestHighest Years
1980s 7.7% 2.3% 13.8% 6
1990s 12.6% 2.4% 53.7% 10
2000s 5.4% 0.2% 15.5% 10
2010s 0.6% 0.3% 0.8% 10
2020s 0.9% 0.7% 1.1% 5

Countries ranked near Belize

  1. 102 Congo, Democratic Republic of the 1.3% compare
  2. 103 Papua New Guinea 0.9% compare
  3. 104 Guatemala 0.8% compare
  4. 106 Burundi 0.7% compare
  5. 107 Mali 0.7% compare
  6. 108 Iraq 0.6% compare

See the full ranking of 151 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is short-term debt in Belize?
Short-term debt in Belize was 0.8% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest short-term debt recorded in Belize?
The highest recorded value was 53.7% in 1997.
What is the lowest short-term debt recorded in Belize?
The lowest recorded value was 0.2% in 2004.
How does Belize rank for short-term debt?
Belize ranks 105th out of 119 countries with data for 2024.
Is short-term debt rising or falling in Belize?
Over the last ten years it is up 57.6%. The long-run trend across the full record is volatile.
Where does this Belize data come from?
The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.

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Short-term debt in Belize. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 17 September 2026, from https://economy.statizoid.com/stat/short-term-debt-percent-of-exports-of-goods-services-and-primary-income/belize/

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About this data

Indicator
Short-term debt (% of exports of goods, services and primary income)
Unit
% of exports of goods, services and primary income
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 5,838 data points, 1970–2024
Last refreshed

Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.