Terms of trade adjustment in Belize
Belize: Terms of trade adjustment was 57.92 million constant LCU in 2024. ◆ Volatile
Terms of trade adjustment in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, terms of trade adjustment in Belize stood at 57.92 million constant LCU.
That represents a change of up 401.8% on the previous year and down 63.3% over five years.
Over the whole period, terms of trade adjustment in Belize peaked at 366.82 million constant LCU in 2017 and was at its lowest, -457.58 million constant LCU, in 2009.
That places Belize 91st out of 178 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment in Belize, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1980 | 220.74 million constant LCU | — |
| 1981 | 40.50 million constant LCU | -81.7% |
| 1982 | 50.87 million constant LCU | +25.6% |
| 1983 | 62.81 million constant LCU | +23.5% |
| 1984 | 80.83 million constant LCU | +28.7% |
| 1985 | -4.75 million constant LCU | -105.9% |
| 1986 | 20.56 million constant LCU | -533.4% |
| 1987 | 77.56 million constant LCU | +277.2% |
| 1988 | 111.41 million constant LCU | +43.6% |
| 1989 | 91.95 million constant LCU | -17.5% |
| 1990 | 271.20 million constant LCU | +194.9% |
| 1991 | 260.97 million constant LCU | -3.8% |
| 1992 | 183.33 million constant LCU | -29.8% |
| 1993 | 174.70 million constant LCU | -4.7% |
| 1994 | 174.58 million constant LCU | -0.1% |
| 1995 | 161.38 million constant LCU | -7.6% |
| 1996 | 191.85 million constant LCU | +18.9% |
| 1997 | 147.67 million constant LCU | -23.0% |
| 1998 | 182.76 million constant LCU | +23.8% |
| 1999 | 172.51 million constant LCU | -5.6% |
| 2000 | 153.21 million constant LCU | -11.2% |
| 2001 | 123.23 million constant LCU | -19.6% |
| 2002 | 144.08 million constant LCU | +16.9% |
| 2003 | 14.89 million constant LCU | -89.7% |
| 2004 | -76.93 million constant LCU | -616.8% |
| 2005 | -139.01 million constant LCU | +80.7% |
| 2006 | -315.81 million constant LCU | +127.2% |
| 2007 | 49.35 million constant LCU | -115.6% |
| 2008 | -44.25 million constant LCU | -189.7% |
| 2009 | -457.58 million constant LCU | +934.0% |
| 2010 | -229.58 million constant LCU | -49.8% |
| 2011 | -81.63 million constant LCU | -64.4% |
| 2012 | -134.29 million constant LCU | +64.5% |
| 2013 | -76.38 million constant LCU | -43.1% |
| 2014 | 0 constant LCU | -100.0% |
| 2015 | 54.94 million constant LCU | — |
| 2016 | 197.04 million constant LCU | +258.7% |
| 2017 | 366.82 million constant LCU | +86.2% |
| 2018 | 193.97 million constant LCU | -47.1% |
| 2019 | 157.84 million constant LCU | -18.6% |
| 2020 | -54.91 million constant LCU | -134.8% |
| 2021 | 41.63 million constant LCU | -175.8% |
| 2022 | 58.08 million constant LCU | +39.5% |
| 2023 | 11.54 million constant LCU | -80.1% |
| 2024 | 57.92 million constant LCU | +401.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 75.25 million constant LCU | -4.75 million constant LCU | 220.74 million constant LCU | 10 |
| 1990s | 192.10 million constant LCU | 147.67 million constant LCU | 271.20 million constant LCU | 10 |
| 2000s | -54.88 million constant LCU | -457.58 million constant LCU | 153.21 million constant LCU | 10 |
| 2010s | 44.87 million constant LCU | -229.58 million constant LCU | 366.82 million constant LCU | 10 |
| 2020s | 22.85 million constant LCU | -54.91 million constant LCU | 58.08 million constant LCU | 5 |
Countries ranked near Belize
- 88 Bermuda 144.24 million constant LCU compare
- 89 Cyprus 85.17 million constant LCU compare
- 90 Latvia 73.09 million constant LCU compare
- 92 Timor-Leste 54.94 million constant LCU compare
- 93 Northern Mariana Islands 29.53 million constant LCU compare
- 94 American Samoa 3.96 million constant LCU 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)
- Net primary income (Net income from abroad) (current LCU), annual -26.64 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 3.02 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1504 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 1,155 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 3.02 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.3008 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 2,310 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.3651 (2025)
Frequently asked questions
- What is terms of trade adjustment in Belize?
- Terms of trade adjustment in Belize was 57.92 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Belize?
- The highest recorded value was 366.82 million constant LCU in 2017.
- What is the lowest terms of trade adjustment recorded in Belize?
- The lowest recorded value was -457.58 million constant LCU in 2009.
- How does Belize rank for terms of trade adjustment?
- Belize ranks 91st out of 178 countries with data for 2024.
- Where does this Belize data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.