Trade in Belize
Belize: Trade was 109.0% in 2024. ▲ Rising
Trade in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, trade in Belize stood at 109.0%.
The figure is up 2.4% on the previous year and up 1.7% over ten years.
Over the whole period, trade in Belize peaked at 111.2% in 2012 and was at its lowest, 67.1%, in 1985.
Belize ranks 53rd of 192 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Trade in Belize, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 78.7% | — |
| 1981 | 80.0% | +1.7% |
| 1982 | 71.8% | -10.2% |
| 1983 | 69.0% | -3.9% |
| 1984 | 80.8% | +17.0% |
| 1985 | 67.1% | -17.0% |
| 1986 | 69.7% | +3.9% |
| 1987 | 76.8% | +10.3% |
| 1988 | 81.5% | +6.0% |
| 1989 | 78.4% | -3.8% |
| 1990 | 79.4% | +1.2% |
| 1991 | 79.2% | -0.3% |
| 1992 | 80.3% | +1.5% |
| 1993 | 75.7% | -5.7% |
| 1994 | 80.9% | +6.8% |
| 1995 | 77.3% | -4.4% |
| 1996 | 79.6% | +2.9% |
| 1997 | 85.5% | +7.4% |
| 1998 | 85.3% | -0.2% |
| 1999 | 93.3% | +9.4% |
| 2000 | 96.6% | +3.5% |
| 2001 | 93.2% | -3.6% |
| 2002 | 93.1% | -0.1% |
| 2003 | 94.4% | +1.4% |
| 2004 | 86.4% | -8.5% |
| 2005 | 93.0% | +7.7% |
| 2006 | 98.9% | +6.3% |
| 2007 | 96.0% | -3.0% |
| 2008 | 105.5% | +9.9% |
| 2009 | 89.6% | -15.1% |
| 2010 | 94.9% | +5.9% |
| 2011 | 106.9% | +12.7% |
| 2012 | 111.2% | +4.0% |
| 2013 | 108.7% | -2.2% |
| 2014 | 107.1% | -1.4% |
| 2015 | 104.1% | -2.8% |
| 2016 | 96.5% | -7.3% |
| 2017 | 97.7% | +1.3% |
| 2018 | 101.0% | +3.4% |
| 2019 | 102.4% | +1.4% |
| 2020 | 81.6% | -20.3% |
| 2021 | 99.0% | +21.2% |
| 2022 | 107.8% | +8.9% |
| 2023 | 106.4% | -1.3% |
| 2024 | 109.0% | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 75.4% | 67.1% | 81.5% | 10 |
| 1990s | 81.7% | 75.7% | 93.3% | 10 |
| 2000s | 94.6% | 86.4% | 105.5% | 10 |
| 2010s | 103.0% | 94.9% | 111.2% | 10 |
| 2020s | 100.8% | 81.6% | 109.0% | 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)
- Gross domestic savings (current US$), annual growth rate 1.2 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.1977 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 1,519 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate 1.2 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.3954 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 3,038 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 6.86 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9575 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is trade in Belize?
- Trade in Belize was 109.0% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Belize?
- The highest recorded value was 111.2% in 2012.
- What is the lowest trade recorded in Belize?
- The lowest recorded value was 67.1% in 1985.
- How does Belize rank for trade?
- Belize ranks 53rd out of 192 countries with data for 2024.
- Is trade 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.