Belize Forecast: Real GDP Growth

1980 - 2027 | Yearly | % | International Monetary Fund

Key information about Belize Forecast: Real GDP Growth

Belize Real GDP Growth is forecasted to be 3.502 % in Dec 2022 as reported by International Monetary Fund.
It records no change from the last reported number of 16.342 % in Dec 2021.
Looking ahead, Belize Real GDP Growth is projected to stand at 2.012 % in Dec 2027.
The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Belize's Forecast: Real GDP Growth from 1980 to 2027 in the chart:

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What is Belize's Forecast: Real GDP Growth in 2027?

Belize Real GDP Growth is forecasted to be 3.502 % in Dec 2022 as reported by International Monetary Fund. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
2.012 2027	2.012 2026	-13.676 2020	21.997 1987	%	yearly	1980 - 2027

Forecast: Real GDP Growth by Country Comparison

country/region	Last	Frequency	Range
Afghanistan (%)	2.711 2023	yearly	2003 - 2023
Albania (%)	3.400 2028	yearly	1980 - 2028
Algeria (%)	1.782 2028	yearly	1980 - 2028
Andorra (%)	1.500 2028	yearly	2001 - 2028
Angola (%)	4.230 2028	yearly	1980 - 2028
Antigua and Barbuda (%)	2.685 2027	yearly	1980 - 2027
Argentina (%)	2.000 2027	yearly	1980 - 2027
Armenia (%)	4.500 2028	yearly	1993 - 2028
Aruba (%)	1.100 2028	yearly	1987 - 2028
Australia (%)	2.279 2027	yearly	1980 - 2027
Austria (%)	1.527 2028	yearly	1980 - 2028
Azerbaijan (%)	2.572 2028	yearly	1993 - 2028
Bahamas (%)	1.496 2027	yearly	1980 - 2027
Bahrain (%)	2.733 2028	yearly	1980 - 2028
Bangladesh (%)	9.531 2021	yearly	1980 - 2021
Barbados (%)	1.840 2027	yearly	1980 - 2027
Belarus (%)	0.741 2028	yearly	1993 - 2028
Belgium (%)	1.289 2028	yearly	1980 - 2028
Belize (%)	2.012 2027	yearly	1980 - 2027
Benin (%)	5.934 2028	yearly	1980 - 2028
Bhutan (%)	5.114 2029	yearly	1980 - 2029
Bolivia (%)	3.400 2027	yearly	1980 - 2027
Bosnia and Herzegovina (%)	3.000 2028	yearly	1997 - 2028
Botswana (%)	3.957 2028	yearly	1980 - 2028
Brazil (%)	2.015 2028	yearly	1980 - 2028
Brunei (%)	2.112 2027	yearly	1986 - 2027
Bulgaria (%)	2.840 2028	yearly	1980 - 2028
Burkina Faso (%)	5.258 2027	yearly	1980 - 2027
Burundi (%)	4.565 2027	yearly	1980 - 2027
Cambodia (%)	6.500 2027	yearly	1988 - 2027
Cameroon (%)	4.898 2027	yearly	1980 - 2027
Canada (%)	1.643 2029	yearly	1980 - 2029
Cape Verde (%)	4.498 2027	yearly	1980 - 2027
Central African Republic (%)	3.347 2028	yearly	1980 - 2028
Chad (%)	3.508 2027	yearly	1980 - 2027
Chile (%)	2.459 2027	yearly	1980 - 2027
China (%)	3.437 2028	yearly	1980 - 2028
Colombia (%)	3.345 2028	yearly	1980 - 2028
Comoros (%)	4.342 2027	yearly	1980 - 2027
Congo (%)	3.980 2028	yearly	1980 - 2028
Costa Rica (%)	3.243 2027	yearly	1980 - 2027
Croatia (%)	2.800 2028	yearly	1993 - 2028
Cyprus (%)	2.983 2029	yearly	1980 - 2029
Czech Republic (%)	2.501 2027	yearly	1996 - 2027
Democratic Republic of Congo (%)	6.482 2028	yearly	1980 - 2028
Denmark (%)	1.800 2027	yearly	1980 - 2027
Djibouti (%)	5.000 2028	yearly	1992 - 2028
Dominica (%)	2.685 2028	yearly	1980 - 2028
Dominican Republic (%)	4.985 2028	yearly	1980 - 2028
Ecuador (%)	2.751 2028	yearly	1980 - 2028
Egypt (%)	5.984 2028	yearly	1980 - 2028
El Salvador (%)	1.965 2027	yearly	1980 - 2027
Equatorial Guinea (%)	-0.981 2027	yearly	1980 - 2027
Eritrea (%)	2.925 2028	yearly	1993 - 2028
Estonia (%)	3.300 2027	yearly	1994 - 2027
Swaziland (%)	2.278 2027	yearly	1980 - 2027
Ethiopia (%)	6.953 2028	yearly	1980 - 2028
Fiji (%)	3.459 2028	yearly	1980 - 2028
Finland (%)	1.519 2029	yearly	1980 - 2029
France (%)	1.450 2028	yearly	1980 - 2028
Gabon (%)	3.809 2027	yearly	1981 - 2027
Gambia (%)	5.000 2027	yearly	1980 - 2027
Georgia (%)	5.198 2028	yearly	1995 - 2028
Germany (%)	1.134 2028	yearly	1980 - 2028
Ghana (%)	6.774 2027	yearly	1980 - 2027
Greece (%)	1.355 2027	yearly	1980 - 2027
Grenada (%)	2.849 2027	yearly	1980 - 2027
Guatemala (%)	3.900 2028	yearly	1980 - 2028
Guinea (%)	5.187 2027	yearly	1980 - 2027
Guinea-Bissau (%)	5.000 2027	yearly	1981 - 2027
Guyana (%)	3.320 2027	yearly	1980 - 2027
Haiti (%)	1.500 2027	yearly	1980 - 2027
Honduras (%)	3.940 2027	yearly	1980 - 2027
Hong Kong SAR, China (%)	2.849 2027	yearly	1980 - 2027
Hungary (%)	3.150 2027	yearly	1980 - 2027
Iceland (%)	2.432 2029	yearly	1980 - 2029
India (%)	6.042 2029	yearly	1981 - 2029
Indonesia (%)	5.117 2027	yearly	1980 - 2027
Iran (%)	2.047 2029	yearly	1981 - 2029
Iraq (%)	2.625 2027	yearly	1999 - 2027
Ireland (%)	3.010 2027	yearly	1980 - 2027
Israel (%)	3.499 2027	yearly	1980 - 2027
Italy (%)	0.882 2028	yearly	1980 - 2028
Ivory Coast (%)	6.000 2028	yearly	1980 - 2028
Jamaica (%)	1.600 2027	yearly	1980 - 2027
Japan (%)	0.409 2028	yearly	1980 - 2028
Jordan (%)	3.300 2027	yearly	1980 - 2027
Kazakhstan (%)	2.778 2028	yearly	1993 - 2028
Kenya (%)	5.516 2027	yearly	1980 - 2027
Kiribati (%)	1.971 2027	yearly	1980 - 2027
South Korea (%)	2.340 2027	yearly	1980 - 2027
Kosovo (%)	3.800 2029	yearly	2001 - 2029
Kuwait (%)	2.655 2027	yearly	1980 - 2027
Kyrgyzstan (%)	3.977 2028	yearly	1993 - 2028
Laos (%)	4.496 2028	yearly	1980 - 2028
Latvia (%)	3.377 2027	yearly	1993 - 2027
Lebanon (%)	-22.000 2020	yearly	1980 - 2020
Lesotho (%)	2.084 2030	yearly	1981 - 2030
Liberia (%)	5.680 2027	yearly	2001 - 2027
Libya (%)	3.588 2027	yearly	1980 - 2027

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Belize Key Series

Government and Public Finance	Last	Frequency	Range
Forecast: Government Expenditure (BZD bn)	1.937 2029	yearly	1996 - 2029
Forecast: Government Net Debt (BZD bn)	4.122 2023	yearly	2001 - 2023
Forecast: Government Revenue (BZD bn)	1.856 2029	yearly	1996 - 2029

Foreign Trade	Last	Frequency	Range
Forecast: Exports of Goods Growth (%)	2.015 2028	yearly	1980 - 2028
Aluminum: Exports (USD th)	158.257 2023	yearly	1995 - 2023
Exports: Medicament (USD th)	804.887 2022	yearly	1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th)	173.856 2022	yearly	1995 - 2022
Imports: Medicament (USD th)	17,256.196 2022	yearly	1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th)	5,188.176 2022	yearly	1995 - 2022
Export Volume Index (2015=100)	57.289 2021	yearly	2000 - 2021
Import Volume Index (2015=100)	91.629 2021	yearly	2000 - 2021
Import Value Index (2015=100)	106.995 2021	yearly	1980 - 2021
Export Value Index (2015=100)	78.815 2021	yearly	1980 - 2021

Balance of Payments	Last	Frequency	Range
Forecast: Current Account Balance (USD bn)	-0.098 2029	yearly	1980 - 2029
BZ: BOP: Financial Account: Net (USD mn)	-34.250 2023	yearly	1984 - 2023
BZ: BOP: Net Errors and Omissions (USD mn)	-2.223 2023	yearly	1984 - 2023
BZ: BOP: Current Account: Imports: Service (USD mn)	308.197 2023	yearly	1984 - 2023
BZ: BOP: Current Account: Primary Income: Payments (USD mn)	131.971 2023	yearly	1984 - 2023
BZ: BOP: Current Account: Personal Remittances: Paid (USD mn)	42.579 2023	yearly	1984 - 2023
BZ: BOP: Current Account: Primary Income: Receipts (USD mn)	20.845 2023	yearly	1984 - 2023
BZ: BOP: Current Account: Exports: Goods (USD mn)	488.062 2023	yearly	1984 - 2023
BZ: BOP: Current Account: Personal Transfers: Receipts (USD mn)	149.690 2023	yearly	1984 - 2023
BZ: BOP: Current Account: Exports: Service (USD mn)	976.803 2023	yearly	1984 - 2023
BZ: BOP: Current Account: Personal Remittances: Received (USD mn)	152.048 2023	yearly	1984 - 2023
BZ: BOP: Current Account: Primary Income: Net (USD mn)	-111.126 2023	yearly	1984 - 2023
BZ: BOP: Current Account: Balance (USD mn)	-90.680 2023	yearly	1984 - 2023

More Indicators for Belize

Indicators	Last	Frequency	Range
Belize BZ: Revenue and Grants: Revenue: Taxes on International Trade (BZD mn)	157.808 2017	yearly	1990 - 2017
Belize BZ: Revenue and Grants: Revenue: Taxes on International Trade: % of Reven... (%)	14.232 2017	yearly	1990 - 2017
Belize BZ: Revenue and Grants: Revenue: Other Taxes (BZD mn)	6.384 2017	yearly	1990 - 2017
Belize BZ: Revenue and Grants: Revenue: Other Taxes: % of Revenue (%)	0.576 2017	yearly	1990 - 2017
Belize BZ: Revenue and Grants: Revenue: Tax Revenue (BZD mn)	967.444 2017	yearly	1990 - 2017
Belize BZ: Revenue and Grants: Revenue: Tax Revenue: % of GDP (%)	21.160 2017	yearly	1990 - 2017
Belize BZ: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gai... (%)	24.371 2017	yearly	1990 - 2017
Belize BZ: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gai... (%)	27.932 2017	yearly	1990 - 2017
Belize BZ: Expenditure: Compensation of Employees (BZD mn)	530.418 2017	yearly	1990 - 2017
Belize BZ: Expenditure: Compensation of Employees: % of Expenditure (%)	52.380 2017	yearly	1990 - 2017
Belize BZ: Expenditure: Goods and Services Expenditure (BZD mn)	214.776 2017	yearly	1990 - 2017
Belize BZ: Expenditure: Goods and Services Expenditure: % of Expenditure (%)	21.210 2017	yearly	1990 - 2017
Belize BZ: Expenditure: Interest Payments (BZD mn)	104.666 2017	yearly	1990 - 2017
Belize BZ: Expenditure: Interest Payments: % of Revenue (%)	9.439 2017	yearly	1990 - 2017
Belize BZ: Expenditure: Interest Payments: % of Expenditure (%)	10.336 2017	yearly	1990 - 2017
Belize BZ: Expenditure: Other Expenditure (BZD mn)	0.000 2014	yearly	1991 - 2014
Belize BZ: Expenditure: Other Expenditure: % of GDP (%)	0.000 2014	yearly	1991 - 2014
Belize BZ: Expenditure: % of GDP (%)	22.337 2017	yearly	1990 - 2017
Belize BZ: Expenditure: Subsidies and Other Transfers (BZD mn)	215.208 2014	yearly	1991 - 2014
Belize BZ: Expenditure: Subsidies and Other Transfers: % of Expenditure (%)	25.992 2014	yearly	1991 - 2014
Belize BZ: Business Extent of Disclosure Index (NA)	3.000 2019	yearly	2005 - 2019
Belize BZ: Depth of Credit Information Index: 0=Low To 8=High (NA)	0.000 2019	yearly	2013 - 2019
Belize BZ: Private Credit Bureau Coverage: % of Adults (%)	0.000 2019	yearly	2005 - 2019
Belize BZ: Public Credit Registry Coverage: % of Adults (%)	0.000 2019	yearly	2005 - 2019
Belize BZ: Cost to Exports: USD per Container (USD)	1,355.000 2014	yearly	2005 - 2014
Belize BZ: Exports: Number of Documents (Number)	5.000 2014	yearly	2005 - 2014
Belize BZ: Exports: Lead Time (Day)	17.000 2014	yearly	2005 - 2014
Belize BZ: Cost to Imports: USD per Container (USD)	1,580.000 2014	yearly	2005 - 2014
Belize BZ: Imports: Number of Documents (Number)	7.000 2014	yearly	2005 - 2014
Belize BZ: Imports: Lead Time (Day)	19.000 2014	yearly	2005 - 2014
Belize BZ: Time to Resolve Insolvency (Year)	2.000 2019	yearly	2005 - 2019
Belize BZ: Time Required to Enforce a Contract (Day)	892.000 2019	yearly	2005 - 2019
Belize BZ: Time Required to Register Property (Day)	60.000 2019	yearly	2005 - 2019
Belize BZ: Procedures to Register Property (Number)	9.000 2019	yearly	2005 - 2019
Belize BZ: Cost of Business Start-Up Procedures: % of GNI per Capita (%)	34.300 2019	yearly	2005 - 2019
Belize BZ: Time Required to Start a Business (Day)	48.000 2019	yearly	2005 - 2019
Belize BZ: Start-Up Procedures to Register a Business (Number)	9.000 2019	yearly	2005 - 2019
Belize BZ: Time to Prepare and Pay Taxes (Hour)	147.000 2019	yearly	2005 - 2019
Belize BZ: Tax Payments (Number)	29.000 2019	yearly	2005 - 2019
Belize BZ: Total Tax Rate: % of Profit (%)	31.100 2019	yearly	2005 - 2019
Belize BZ: Time Required to Build a Warehouse (Day)	142.000 2019	yearly	2005 - 2019
Belize BZ: Procedures to Build a Warehouse (Number)	16.000 2019	yearly	2005 - 2019
Belize BZ: Investment with Private Participation: Energy (USD mn)	8.600 2019	yearly	1992 - 2019
Belize BZ: Scientific and Technical Journal Articles (Unit)	9.110 2018	yearly	2000 - 2018
Belize BZ: Trademark Applications: Direct Nonresident (Unit)	732.000 2019	yearly	1988 - 2019
Belize BZ: Trademark Applications: Direct Resident (Unit)	138.000 2019	yearly	1988 - 2019
Belize BZ: Trademark Applications: Total (Unit)	870.000 2019	yearly	1988 - 2019
Belize BZ: Liner Shipping Connectivity Index: Maximum Value In 2004 = 100 (NA)	7.606 2021	yearly	2006 - 2021
Belize BZ: Secure Internet Servers (Unit)	52,225.000 2020	yearly	2010 - 2020
Belize BZ: Secure Internet Servers: per 1 Million People (Number)	132,241.638 2020	yearly	2010 - 2020
Belize BZ: Armed Forces Personnel: Total (Person)	2,000.000 2019	yearly	1985 - 2019
Belize BZ: Armed Forces Personnel: % of Total Labour Force (%)	1.159 2020	yearly	1991 - 2020
Belize BZ: Military Expenditure (BZD mn)	47.347 2022	yearly	1981 - 2022
Belize BZ: Military Expenditure: % of GDP (%)	0.861 2022	yearly	1981 - 2022
Belize BZ: GDP: USD: Final Consumption Expenditure: General Government (USD mn)	529.000 2023	yearly	1980 - 2023
Belize BZ: GDP: Final Consumption Expenditure: General Government (BZD mn)	1,058.000 2023	yearly	1980 - 2023
Belize BZ: GDP: Growth: Final Consumption Expenditure: General Government (%)	5.269 2023	yearly	1981 - 2023
Belize BZ: GDP: % of GDP: Final Consumption Expenditure: General Government (%)	16.121 2023	yearly	1980 - 2023
Belize BZ: GDP: USD: Final Consumption Expenditure: Household: Include Discrepan... (USD mn)	1,237.35 2015	yearly	1980 - 2015
Belize BZ: GDP: Final Consumption Expenditure: Household: Include Discrepancy (BZD mn)	2,474.70 2015	yearly	1980 - 2015
Belize BZ: GDP: Growth: Final Consumption Expenditure: Household: Include Discre... (%)	2.73 2015	yearly	1982 - 2015
Belize BZ: GDP: Real: Final Consumption Expenditure: Household: Include Discrepa... (BZD mn)	1,868.97 2015	yearly	1981 - 2015
Belize BZ: GDP: % of GDP: Final Consumption Expenditure: Household (%)	71.01 2015	yearly	1980 - 2015
Belize BZ: GDP: USD: Final Consumption Expenditure: Household (USD mn)	1,865.000 2023	yearly	1980 - 2023
Belize BZ: GDP: Final Consumption Expenditure: Household (BZD mn)	3,730.000 2023	yearly	1980 - 2023
Belize BZ: GDP: Growth: Final Consumption Expenditure: Household (%)	4.919 2023	yearly	1981 - 2023
Belize BZ: GDP: Growth: Household Final Consumption Expenditure per Capita (%)	3.501 2023	yearly	1981 - 2023
Belize BZ: GDP: PPP: Household Final Consumption Expenditure (Intl $ mn)	3,386.038 2023	yearly	1990 - 2023
Belize BZ: GDP: USD: Final Consumption Expenditure: Include Discrepancy (USD mn)	1,507.38 2015	yearly	1980 - 2015
Belize BZ: GDP: Final Consumption Expenditure: Include Discrepancy (BZD mn)	3,014.77 2015	yearly	1980 - 2015
Belize BZ: GDP: Growth: Final Consumption Expenditure: Include Discrepancy (%)	3.37 2015	yearly	1982 - 2015
Belize BZ: GDP: Real: Final Consumption Expenditure: Include Discrepancy (BZD mn)	2,264.30 2015	yearly	1981 - 2015
Belize BZ: GDP: % of GDP: Final Consumption Expenditure (%)	86.50 2015	yearly	1980 - 2015
Belize BZ: GDP: USD: Final Consumption Expenditure (USD mn)	2,393.500 2023	yearly	1980 - 2023
Belize BZ: GDP: USD: Gross National Expenditure (USD mn)	3,091.000 2023	yearly	1980 - 2023
Belize BZ: GDP: Gross National Expenditure (BZD mn)	6,182.000 2023	yearly	1980 - 2023
Belize BZ: GDP: Real: Gross National Expenditure (BZD mn)	5,205.000 2023	yearly	1980 - 2023
Belize BZ: GDP: % of GDP: Gross National Expenditure (%)	94.195 2023	yearly	1980 - 2023
Belize BZ: GDP: USD: Exports of Goods and Services (USD mn)	1,759.500 2023	yearly	1980 - 2023
Belize BZ: GDP: Growth: Exports of Goods and Services (%)	8.081 2023	yearly	1981 - 2023
Belize BZ: GDP: % of GDP: Exports of Goods and Services (%)	53.619 2023	yearly	1980 - 2023
Belize BZ: GDP: USD: Gross Fixed Capital Formation (USD mn)	674.000 2023	yearly	1980 - 2023
Belize BZ: GDP: Growth: Gross Fixed Capital Formation (%)	9.511 2023	yearly	1981 - 2023
Belize BZ: GDP: % of GDP: Gross Fixed Capital Formation (%)	20.539 2023	yearly	1980 - 2023
Belize BZ: GDP: USD: Changes in Inventories (USD mn)	23.500 2023	yearly	1980 - 2023
Belize BZ: GDP: Real: Changes in Inventories (BZD mn)	41.000 2023	yearly	1980 - 2023
Belize BZ: GDP: USD: Gross Capital Formation (USD mn)	697.500 2023	yearly	1980 - 2023
Belize BZ: GDP: Growth: Gross Capital Formation (%)	9.149 2023	yearly	1981 - 2023
Belize BZ: GDP: % of GDP: Gross Capital Formation (%)	21.256 2023	yearly	1980 - 2023
Belize BZ: GDP: USD: Imports of Goods and Services (USD mn)	1,734.500 2023	yearly	1980 - 2023
Belize BZ: GDP: Growth: Imports of Goods and Services (%)	9.696 2023	yearly	1981 - 2023
Belize BZ: GDP: % of GDP: Imports of Goods and Services (%)	52.857 2023	yearly	1980 - 2023
Belize BZ: GDP: USD: External Balance of Goods and Services (USD mn)	25.000 2023	yearly	1980 - 2023
Belize BZ: GDP: Real: External Balance of Goods and Services (BZD mn)	-289.000 2023	yearly	2014 - 2023
Belize BZ: GDP: % of GDP: External Balance on Goods and Services (%)	0.762 2023	yearly	1980 - 2023
Belize BZ: GDP: % of GDP: Trade (%)	106.476 2023	yearly	1980 - 2023
Belize BZ: GDP: USD: Gross Value Added at Factor Cost: Agriculture (USD mn)	160.825 2020	yearly	1978 - 2020
Belize BZ: GDP: Growth: Gross Value Added: Agriculture (%)	-2.552 2020	yearly	1971 - 2020
Belize BZ: GDP: % of GDP: Gross Value Added: Agriculture (%)	9.119 2020	yearly	1978 - 2020
Belize BZ: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing (USD mn)	188.692 2022	yearly	1978 - 2022

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