Belize Gross Domestic Product: Share of GDP
BZ: GDP: % of GDP: Exports of Goods and Services
BZ: GDP: % of GDP: Exports of Goods and Services data was reported at 53.619 % in 2023. This records an increase from the previous number of 52.375 % for 2022. BZ: GDP: % of GDP: Exports of Goods and Services data is updated yearly, averaging 45.337 % from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 59.876 % in 2012 and a record low of 36.071 % in 1991. BZ: GDP: % of GDP: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 53.619 2023 | yearly | 1980 - 2023 |
View Belize's BZ: GDP: % of GDP: Exports of Goods and Services from 1980 to 2023 in the chart:
BZ: GDP: % of GDP: External Balance on Goods and Services
BZ: GDP: % of GDP: External Balance on Goods and Services data was reported at 0.762 % in 2023. This records an increase from the previous number of -3.201 % for 2022. BZ: GDP: % of GDP: External Balance on Goods and Services data is updated yearly, averaging -1.241 % from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 7.556 % in 2012 and a record low of -20.117 % in 1982. BZ: GDP: % of GDP: External Balance on Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 0.762 2023 | yearly | 1980 - 2023 |
View Belize's BZ: GDP: % of GDP: External Balance on Goods and Services from 1980 to 2023 in the chart:
Belize BZ: GDP: % of GDP: Final Consumption Expenditure
BZ: GDP: % of GDP: Final Consumption Expenditure data was reported at 86.505 % in 2015. This records an increase from the previous number of 84.449 % for 2014. BZ: GDP: % of GDP: Final Consumption Expenditure data is updated yearly, averaging 84.870 % from Dec 1980 (Median) to 2015, with 36 observations. The data reached an all-time high of 101.841 % in 1982 and a record low of 72.195 % in 1990. BZ: GDP: % of GDP: Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 86.50 2015 | yearly | 1980 - 2015 |
View Belize's Belize BZ: GDP: % of GDP: Final Consumption Expenditure from 1980 to 2015 in the chart:
BZ: GDP: % of GDP: Final Consumption Expenditure: General Government
BZ: GDP: % of GDP: Final Consumption Expenditure: General Government data was reported at 16.121 % in 2023. This records an increase from the previous number of 15.895 % for 2022. BZ: GDP: % of GDP: Final Consumption Expenditure: General Government data is updated yearly, averaging 15.725 % from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 19.405 % in 2018 and a record low of 8.147 % in 1990. BZ: GDP: % of GDP: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 16.121 2023 | yearly | 1980 - 2023 |
View Belize's BZ: GDP: % of GDP: Final Consumption Expenditure: General Government from 1980 to 2023 in the chart:
Belize BZ: GDP: % of GDP: Final Consumption Expenditure: Household
BZ: GDP: % of GDP: Final Consumption Expenditure: Household data was reported at 71.008 % in 2015. This records an increase from the previous number of 69.373 % for 2014. BZ: GDP: % of GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 69.550 % from Dec 1980 (Median) to 2015, with 36 observations. The data reached an all-time high of 80.352 % in 2001 and a record low of 59.266 % in 1990. BZ: GDP: % of GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 71.01 2015 | yearly | 1980 - 2015 |
View Belize's Belize BZ: GDP: % of GDP: Final Consumption Expenditure: Household from 1980 to 2015 in the chart:
BZ: GDP: % of GDP: Gross Capital Formation
BZ: GDP: % of GDP: Gross Capital Formation data was reported at 21.256 % in 2023. This records a decrease from the previous number of 21.592 % for 2022. BZ: GDP: % of GDP: Gross Capital Formation data is updated yearly, averaging 19.419 % from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 29.570 % in 1989 and a record low of 11.586 % in 2011. BZ: GDP: % of GDP: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 21.256 2023 | yearly | 1980 - 2023 |
View Belize's BZ: GDP: % of GDP: Gross Capital Formation from 1980 to 2023 in the chart:
BZ: GDP: % of GDP: Gross Domestic Savings
BZ: GDP: % of GDP: Gross Domestic Savings data was reported at 27.061 % in 2023. This records an increase from the previous number of 24.181 % for 2022. BZ: GDP: % of GDP: Gross Domestic Savings data is updated yearly, averaging 26.404 % from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 58.417 % in 1990 and a record low of 20.606 % in 2003. BZ: GDP: % of GDP: Gross Domestic Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 27.061 2023 | yearly | 1980 - 2023 |
View Belize's BZ: GDP: % of GDP: Gross Domestic Savings from 1980 to 2023 in the chart:
BZ: GDP: % of GDP: Gross Fixed Capital Formation
BZ: GDP: % of GDP: Gross Fixed Capital Formation data was reported at 20.539 % in 2023. This records a decrease from the previous number of 20.796 % for 2022. BZ: GDP: % of GDP: Gross Fixed Capital Formation data is updated yearly, averaging 18.112 % from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 26.037 % in 1989 and a record low of 13.050 % in 2012. BZ: GDP: % of GDP: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 20.539 2023 | yearly | 1980 - 2023 |
View Belize's BZ: GDP: % of GDP: Gross Fixed Capital Formation from 1980 to 2023 in the chart:
BZ: GDP: % of GDP: Gross National Expenditure
BZ: GDP: % of GDP: Gross National Expenditure data was reported at 94.195 % in 2023. This records a decrease from the previous number of 97.411 % for 2022. BZ: GDP: % of GDP: Gross National Expenditure data is updated yearly, averaging 90.372 % from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 99.736 % in 2000 and a record low of 63.733 % in 1990. BZ: GDP: % of GDP: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 94.195 2023 | yearly | 1980 - 2023 |
View Belize's BZ: GDP: % of GDP: Gross National Expenditure from 1980 to 2023 in the chart:
BZ: GDP: % of GDP: Gross Savings
BZ: GDP: % of GDP: Gross Savings data was reported at 27.611 % in 2023. This records an increase from the previous number of 23.135 % for 2022. BZ: GDP: % of GDP: Gross Savings data is updated yearly, averaging 25.623 % from Dec 1984 (Median) to 2023, with 40 observations. The data reached an all-time high of 62.320 % in 1990 and a record low of 16.878 % in 2003. BZ: GDP: % of GDP: Gross Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross savings are calculated as gross national income less total consumption, plus net transfers.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 27.611 2023 | yearly | 1984 - 2023 |
View Belize's BZ: GDP: % of GDP: Gross Savings from 1984 to 2023 in the chart:
BZ: GDP: % of GDP: Gross Value Added: Agriculture
BZ: GDP: % of GDP: Gross Value Added: Agriculture data was reported at 9.119 % in 2020. This records an increase from the previous number of 8.968 % for 2019. BZ: GDP: % of GDP: Gross Value Added: Agriculture data is updated yearly, averaging 14.579 % from Dec 1978 (Median) to 2020, with 43 observations. The data reached an all-time high of 28.980 % in 1978 and a record low of 8.968 % in 2019. BZ: GDP: % of GDP: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 9.119 2020 | yearly | 1978 - 2020 |
View Belize's BZ: GDP: % of GDP: Gross Value Added: Agriculture from 1978 to 2020 in the chart:
BZ: GDP: % of GDP: Gross Value Added: Industry
BZ: GDP: % of GDP: Gross Value Added: Industry data was reported at 11.399 % in 2020. This records a decrease from the previous number of 12.851 % for 2019. BZ: GDP: % of GDP: Gross Value Added: Industry data is updated yearly, averaging 18.402 % from Dec 1978 (Median) to 2020, with 43 observations. The data reached an all-time high of 23.284 % in 1980 and a record low of 11.399 % in 2020. BZ: GDP: % of GDP: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 11.955 2019 | yearly | 1978 - 2019 |
View Belize's BZ: GDP: % of GDP: Gross Value Added: Industry from 1978 to 2019 in the chart:
BZ: GDP: % of GDP: Gross Value Added: Industry: Manufacturing
BZ: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 6.666 % in 2022. This records a decrease from the previous number of 6.825 % for 2021. BZ: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 9.869 % from Dec 1978 (Median) to 2022, with 45 observations. The data reached an all-time high of 18.205 % in 1980 and a record low of 6.494 % in 2019. BZ: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 6.666 2022 | yearly | 1978 - 2022 |
View Belize's BZ: GDP: % of GDP: Gross Value Added: Industry: Manufacturing from 1978 to 2022 in the chart:
Belize BZ: GDP: % of GDP: Gross Value Added: Services
BZ: GDP: % of GDP: Gross Value Added: Services data was reported at 68.274 % in 2015. This records an increase from the previous number of 65.566 % for 2014. BZ: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 62.167 % from Dec 1978 (Median) to 2015, with 38 observations. The data reached an all-time high of 68.274 % in 2015 and a record low of 41.686 % in 1980. BZ: GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 68.27 2015 | yearly | 1978 - 2015 |
View Belize's Belize BZ: GDP: % of GDP: Gross Value Added: Services from 1978 to 2015 in the chart:
BZ: GDP: % of GDP: Imports of Goods and Services
BZ: GDP: % of GDP: Imports of Goods and Services data was reported at 52.857 % in 2023. This records a decrease from the previous number of 55.576 % for 2022. BZ: GDP: % of GDP: Imports of Goods and Services data is updated yearly, averaging 49.796 % from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 63.051 % in 1981 and a record low of 37.211 % in 1995. BZ: GDP: % of GDP: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 52.857 2023 | yearly | 1980 - 2023 |
View Belize's BZ: GDP: % of GDP: Imports of Goods and Services from 1980 to 2023 in the chart:
BZ: GDP: % of GDP: Trade
BZ: GDP: % of GDP: Trade data was reported at 106.476 % in 2023. This records a decrease from the previous number of 107.951 % for 2022. BZ: GDP: % of GDP: Trade data is updated yearly, averaging 96.403 % from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 112.196 % in 2012 and a record low of 75.965 % in 1993. BZ: GDP: % of GDP: Trade data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 106.476 2023 | yearly | 1980 - 2023 |
View Belize's BZ: GDP: % of GDP: Trade from 1980 to 2023 in the chart:
BZ: GDP: % of GNI: Gross Savings
BZ: GDP: % of GNI: Gross Savings data was reported at 28.579 % in 2023. This records an increase from the previous number of 24.271 % for 2022. BZ: GDP: % of GNI: Gross Savings data is updated yearly, averaging 27.018 % from Dec 1984 (Median) to 2023, with 40 observations. The data reached an all-time high of 63.259 % in 1990 and a record low of 18.122 % in 2003. BZ: GDP: % of GNI: Gross Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross savings are calculated as gross national income less total consumption, plus net transfers.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 28.579 2023 | yearly | 1984 - 2023 |
View Belize's BZ: GDP: % of GNI: Gross Savings from 1984 to 2023 in the chart:
BZ: GDP: % of Manufacturing: Medium and High Tech Industry
BZ: GDP: % of Manufacturing: Medium and High Tech Industry data was reported at 18.460 % in 2021. This stayed constant from the previous number of 18.460 % for 2020. BZ: GDP: % of Manufacturing: Medium and High Tech Industry data is updated yearly, averaging 18.460 % from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 18.460 % in 2021 and a record low of 5.254 % in 1990. BZ: GDP: % of Manufacturing: Medium and High Tech Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Share of GDP. The proportion of medium and high-tech industry value added in total value added of manufacturing;United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database;;
| Last | Frequency | Range |
|---|---|---|
| 18.460 2021 | yearly | 1990 - 2021 |