Trade as share of gdp in Belize
Belize: Trade as share of gdp was 108.97 in 2024. ▲ Rising
Latest (2024)
108.97
Change on year
up 2.4%
World rank
52nd
of 191 countries
All-time high
111.17
in 2012
All-time low
67.07
in 1985
Years of data
45
1980–2024
Trade as share of gdp in Belize, 1980–2024
Source: Our World in Data.
Analysis
In 2024, trade as share of gdp in Belize stood at 108.97.
The figure is up 2.4% on the previous year and up 1.7% over ten years.
Over the whole period, trade as share of gdp in Belize peaked at 111.17 in 2012 and was at its lowest, 67.07, in 1985.
That places Belize 52nd out of 191 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Trade as share of gdp in Belize, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 78.7 | — |
| 1981 | 80 | +1.7% |
| 1982 | 71.84 | -10.2% |
| 1983 | 69.05 | -3.9% |
| 1984 | 80.76 | +17.0% |
| 1985 | 67.07 | -17.0% |
| 1986 | 69.67 | +3.9% |
| 1987 | 76.85 | +10.3% |
| 1988 | 81.49 | +6.0% |
| 1989 | 78.42 | -3.8% |
| 1990 | 79.39 | +1.2% |
| 1991 | 79.18 | -0.3% |
| 1992 | 80.35 | +1.5% |
| 1993 | 75.75 | -5.7% |
| 1994 | 80.88 | +6.8% |
| 1995 | 77.34 | -4.4% |
| 1996 | 79.57 | +2.9% |
| 1997 | 85.45 | +7.4% |
| 1998 | 85.28 | -0.2% |
| 1999 | 93.32 | +9.4% |
| 2000 | 96.6 | +3.5% |
| 2001 | 93.16 | -3.6% |
| 2002 | 93.08 | -0.1% |
| 2003 | 94.36 | +1.4% |
| 2004 | 86.39 | -8.5% |
| 2005 | 93 | +7.7% |
| 2006 | 98.88 | +6.3% |
| 2007 | 95.96 | -3.0% |
| 2008 | 105.46 | +9.9% |
| 2009 | 89.58 | -15.1% |
| 2010 | 94.86 | +5.9% |
| 2011 | 106.92 | +12.7% |
| 2012 | 111.17 | +4.0% |
| 2013 | 108.67 | -2.2% |
| 2014 | 107.11 | -1.4% |
| 2015 | 104.07 | -2.8% |
| 2016 | 96.5 | -7.3% |
| 2017 | 97.71 | +1.3% |
| 2018 | 100.99 | +3.4% |
| 2019 | 102.44 | +1.4% |
| 2020 | 81.64 | -20.3% |
| 2021 | 98.98 | +21.2% |
| 2022 | 107.84 | +8.9% |
| 2023 | 106.4 | -1.3% |
| 2024 | 108.97 | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 75.39 | 67.07 | 81.49 | 10 |
| 1990s | 81.65 | 75.75 | 93.32 | 10 |
| 2000s | 94.65 | 86.39 | 105.46 | 10 |
| 2010s | 103.04 | 94.86 | 111.17 | 10 |
| 2020s | 100.77 | 81.64 | 108.97 | 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)
- GNI (current LCU), annual growth rate 2.87 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1.9 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 14,953 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -26.64 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -26.64 % change on previous year (2025)
- Taxes less subsidies on products (current US$), 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)
Frequently asked questions
- What is trade as share of gdp in Belize?
- Trade as share of gdp in Belize was 108.97 in 2024, according to Our World in Data.
- What is the highest trade as share of gdp recorded in Belize?
- The highest recorded value was 111.17 in 2012.
- What is the lowest trade as share of gdp recorded in Belize?
- The lowest recorded value was 67.07 in 1985.
- How does Belize rank for trade as share of gdp?
- Belize ranks 52nd out of 191 countries with data for 2024.
- Is trade as share of gdp rising or falling in Belize?
- Over the last ten years it is up 1.7%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Our World in Data, published as part of Trade as share of gdp. Statizoid updates them automatically from the source API.
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