Trade as a share of GDP in Belize

Belize: Trade as a share of GDP was 109.0% in 2024. ▲ Rising

Latest (2024)
109.0%
Change on year
up 2.4%
World rank
52nd
of 191 countries
All-time high
111.2%
in 2012
All-time low
67.1%
in 1985
Years of data
45
1980–2024

Trade as a share of GDP in Belize, 1980–2024

02550751001980200220241980: 78.7 % of GDP1981: 80 % of GDP1982: 71.8 % of GDP1983: 69 % of GDP1984: 80.8 % of GDP1985: 67.1 % of GDP1986: 69.7 % of GDP1987: 76.8 % of GDP1988: 81.5 % of GDP1989: 78.4 % of GDP1990: 79.4 % of GDP1991: 79.2 % of GDP1992: 80.3 % of GDP1993: 75.7 % of GDP1994: 80.9 % of GDP1995: 77.3 % of GDP1996: 79.6 % of GDP1997: 85.5 % of GDP1998: 85.3 % of GDP1999: 93.3 % of GDP2000: 96.6 % of GDP2001: 93.2 % of GDP2002: 93.1 % of GDP2003: 94.4 % of GDP2004: 86.4 % of GDP2005: 93 % of GDP2006: 98.9 % of GDP2007: 96 % of GDP2008: 105.5 % of GDP2009: 89.6 % of GDP2010: 94.9 % of GDP2011: 106.9 % of GDP2012: 111.2 % of GDP2013: 108.7 % of GDP2014: 107.1 % of GDP2015: 104.1 % of GDP2016: 96.5 % of GDP2017: 97.7 % of GDP2018: 101 % of GDP2019: 102.4 % of GDP2020: 81.6 % of GDP2021: 99 % of GDP2022: 107.8 % of GDP2023: 106.4 % of GDP2024: 109 % of GDP

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

In 2024, trade as a share of gdp in Belize stood at 109.0%.

The figure is up 2.4% on the previous year and up 1.7% over ten years.

Over the whole period, trade as a share of gdp in Belize peaked at 111.2% in 2012 and was at its lowest, 67.1%, in 1985.

That places Belize 52nd out of 191 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 45 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 75.4% 67.1% 81.5% 10
1990s 81.7% 75.7% 93.3% 10
2000s 94.6% 86.4% 105.5% 10
2010s 103.0% 94.9% 111.2% 10
2020s 100.8% 81.6% 109.0% 5

Countries ranked near Belize

  1. 49 Serbia 112.9% compare
  2. 50 Belarus 112.1% compare
  3. 51 Solomon Islands 111.4% compare
  4. 53 Namibia 108.6% compare
  5. 54 Eswatini 107.5% compare
  6. 55 Austria 107.0% compare

See the full ranking of 191 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is trade as a share of gdp in Belize?
Trade as a share of gdp in Belize was 109.0% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest trade as a share of gdp recorded in Belize?
The highest recorded value was 111.2% in 2012.
What is the lowest trade as a share of gdp recorded in Belize?
The lowest recorded value was 67.1% in 1985.
How does Belize rank for trade as a share of gdp?
Belize ranks 52nd out of 191 countries with data for 2024.
Is trade as a share of gdp rising or falling in Belize?
Over the last ten years it is up 1.7%. The long-run trend across the full record is rising.
Where does this Belize data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.

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About this data

Indicator
Trade as a share of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Trade in goods and services as a share of GDP, shown as a percentage.