Trade in Belize

Belize: Trade was 109.0% in 2024. ▲ Rising

Latest (2024)
109.0%
Change on year
up 2.4%
World rank
53rd
of 192 countries
All-time high
111.2%
in 2012
All-time low
67.1%
in 1985
Years of data
45
1980–2024

Trade 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: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.

Analysis

In 2024, trade 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 in Belize peaked at 111.2% in 2012 and was at its lowest, 67.1%, in 1985.

Belize ranks 53rd of 192 countries on this measure, 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. 50 Serbia 112.9% compare
  2. 51 Belarus 112.1% compare
  3. 52 Solomon Islands 111.4% compare
  4. 54 Namibia 108.6% compare
  5. 55 Eswatini 107.5% compare
  6. 56 Austria 107.0% compare

See the full ranking of 235 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is trade in Belize?
Trade in Belize was 109.0% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest trade recorded in Belize?
The highest recorded value was 111.2% in 2012.
What is the lowest trade recorded in Belize?
The lowest recorded value was 67.1% in 1985.
How does Belize rank for trade?
Belize ranks 53rd out of 192 countries with data for 2024.
Is trade 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Trade (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 11,211 data points, 1960–2025
Last refreshed

Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.