External balance on goods and services in Belize
Belize: External balance on goods and services was 47.23 million current US$ in 2024. ◆ Volatile
External balance on goods and services in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for external balance on goods and services in Belize is 47.23 million current US$, measured in 2024.
That represents a change of down 55.3% on the previous year and down 43.0% over ten years.
Over the whole period, external balance on goods and services in Belize peaked at 143.52 million current US$ in 2012 and was at its lowest, -130.38 million current US$, in 2020.
That places Belize 77th out of 192 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -24.87 million current US$ | -39.27 million current US$ | -8.30 million current US$ | 10 |
| 1990s | 4.26 million current US$ | -51.72 million current US$ | 33.41 million current US$ | 10 |
| 2000s | -19.82 million current US$ | -123.61 million current US$ | 88.80 million current US$ | 10 |
| 2010s | 60.16 million current US$ | -42.22 million current US$ | 143.52 million current US$ | 10 |
| 2020s | -29.33 million current US$ | -130.38 million current US$ | 105.65 million current US$ | 5 |
Countries ranked near Belize
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 47.23 million current US$ 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 143.52 million current US$ in 2012.
- What is the lowest external balance on goods and services recorded in Belize?
- The lowest recorded value was -130.38 million current US$ in 2020.
- How does Belize rank for external balance on goods and services?
- Belize ranks 77th out of 192 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 43.0%. 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 (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.