External balance on goods and services in Belize
Belize: External balance on goods and services was 25.10 million constant LCU in 2024. ◆ Volatile
External balance on goods and services in Belize, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for external balance on goods and services in Belize is 25.10 million constant LCU, measured in 2024.
Compared with earlier readings it is down 85.3% on the previous year and down 84.8% over ten years.
Over the whole period, external balance on goods and services in Belize peaked at 170.64 million constant LCU in 2023 and was at its lowest, -288.91 million constant LCU, in 2016.
Belize ranks 60th of 161 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -108.31 million constant LCU | -288.91 million constant LCU | 165.59 million constant LCU | 6 |
| 2020s | -89.33 million constant LCU | -228.74 million constant LCU | 170.64 million constant LCU | 5 |
Countries ranked near Belize
- 57 San Marino 439.13 million constant LCU compare
- 58 United States Virgin Islands 262.00 million constant LCU compare
- 59 Ghana 211.18 million constant LCU compare
- 61 Palau -93.36 million constant LCU compare
- 62 Marshall Islands -110.12 million constant LCU compare
- 63 Bahamas -153.10 million constant LCU compare
More economy & growth data for Belize
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 299.82 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 149.91 million current US$ (2025)
- Taxes less subsidies on products 963.64 million current LCU (2024)
- Taxes less subsidies on products 481.82 million current US$ (2024)
- Net primary income (Net income from abroad) -329.10 million current LCU (2025)
- Net primary income (Net income from abroad) -164.55 million current US$ (2025)
- GNI per capita 14,953 current LCU (2025)
- GNI per capita, Atlas method 7,530 current US$ (2025)
- GNI 6.32 billion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in Belize?
- External balance on goods and services in Belize was 25.10 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Belize?
- The highest recorded value was 170.64 million constant LCU in 2023.
- What is the lowest external balance on goods and services recorded in Belize?
- The lowest recorded value was -288.91 million constant LCU in 2016.
- How does Belize rank for external balance on goods and services?
- Belize ranks 60th out of 161 countries with data for 2024.
- Is external balance on goods and services rising or falling in Belize?
- Over the last ten years it is down 84.8%. The long-run trend across the full record is volatile.
- 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 External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.