Terms of trade adjustment in Belize
Belize: Terms of trade adjustment was 57.92 million constant LCU in 2024. ◆ Volatile
Terms of trade adjustment in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, terms of trade adjustment in Belize stood at 57.92 million constant LCU.
That represents a change of up 401.8% on the previous year and down 63.3% over five years.
Over the whole period, terms of trade adjustment in Belize peaked at 366.82 million constant LCU in 2017 and was at its lowest, -457.58 million constant LCU, in 2009.
That places Belize 91st out of 178 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 | 75.25 million constant LCU | -4.75 million constant LCU | 220.74 million constant LCU | 10 |
| 1990s | 192.10 million constant LCU | 147.67 million constant LCU | 271.20 million constant LCU | 10 |
| 2000s | -54.88 million constant LCU | -457.58 million constant LCU | 153.21 million constant LCU | 10 |
| 2010s | 44.87 million constant LCU | -229.58 million constant LCU | 366.82 million constant LCU | 10 |
| 2020s | 22.85 million constant LCU | -54.91 million constant LCU | 58.08 million constant LCU | 5 |
Countries ranked near Belize
- 88 Bermuda 144.24 million constant LCU compare
- 89 Cyprus 85.17 million constant LCU compare
- 90 Latvia 73.09 million constant LCU compare
- 92 East Timor 54.94 million constant LCU compare
- 93 Northern Mariana Islands 29.53 million constant LCU compare
- 94 American Samoa 3.96 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 terms of trade adjustment in Belize?
- Terms of trade adjustment in Belize was 57.92 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Belize?
- The highest recorded value was 366.82 million constant LCU in 2017.
- What is the lowest terms of trade adjustment recorded in Belize?
- The lowest recorded value was -457.58 million constant LCU in 2009.
- How does Belize rank for terms of trade adjustment?
- Belize ranks 91st out of 178 countries with data for 2024.
- 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 Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. 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.