Belize - Forecast | 2016-2020

GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 0.04 0.1 0.3 0.4 0.2 0.8 percent [+]
GDP Annual Growth Rate -0.80 -0.2 0.3 0.6 1 2.5 percent [+]
GDP 1.75 1.87 1.87 1.81 1.81 2.05 USD Billion [+]
GDP Per Capita Ppp 7967.77 8075 8075 8075 8075 8190 USD [+]
GDP per capita 4392.55 4450 4450 4471 4450 4530 USD [+]
Gdp From Agriculture 42.49 58.46 58.56 58.57 58.57 58.57 BZD Million [+]
Gdp From Construction 22.70 23.6 22.67 23.34 23.04 23.11 BZD Million [+]
Gdp From Manufacturing 33.40 54.45 51.15 34.04 36.71 38.68 BZD Million [+]
Gdp From Public Administration 68.80 75.91 78.59 78.06 70.42 76.16 BZD Million [+]
Gdp From Services 116.20 116 117 116 117 117 BZD Million [+]
Gdp From Transport 68.20 75.97 83.14 82.8 82.25 101 BZD Million [+]
Gdp From Utilities 43.00 40.34 35.96 33.73 41.04 38.79 BZD Million [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 10.10 9.7 9.7 9.7 9.7 9.4 percent [+]
Employed Persons 138.10 136 138 140 141 155 Thousand [+]
Unemployed Persons 18.48 18.49 18.48 18.48 18.48 18.48 Thousand [+]
Population 0.37 0.36 0.36 0.37 0.37 0.39 Million [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 0.90 1.1 1.3 1.4 1.5 2.4 percent [+]
Food Inflation -2.50 -2.5 -2.43 -2.43 -2.43 -2.43 percent [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 2.50 2.5 2.5 2.5 2.5 2.5 percent [+]
Money Supply M0 369.50 368 375 384 392 486 USD Million [+]
Money Supply M1 1476.01 1347 1299 1280 1254 1213 USD Million [+]
Money Supply M2 2954.40 2915 2900 2890 2868 2835 USD Million [+]
Foreign Exchange Reserves 436.70 464 431 397 363 378 USD Million [+]
Loans to Private Sector 1555.90 1556 1568 1580 1592 1716 USD Million [+]
Deposit Interest Rate 2.60 2.25 2.26 2.27 2.28 1.69 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -106.50 -124 -131 -130 -130 -130 BZ $ Million [+]
Exports 34.60 33.27 34.15 34.35 34.39 34.41 BZ $ Million [+]
Imports 141.10 162 161 161 161 161 BZ $ Million [+]
Current Account -87.10 -53.64 -66.71 -66.2 -56.7 -59.25 BZE$ Million [+]
Current Account to GDP -10.00 -6.87 -6.95 -7.04 -7.12 -1.82 percent [+]
External Debt 1175.80 1162 1178 1193 1209 1312 USD Million [+]
Remittances 82.40 83.68 84.15 84.62 85.1 86.93 USD Million [+]
Tourist Arrivals 1177056.00 1096204 1031435 966666 901898 967542 [+]
Crude Oil Production 2.00 2 2 2 2 2 BBL/D/1K [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 68.30 65.77 66.44 67.11 67.78 68.92 percent [+]
Government Budget -8.40 -4.7 -5.55 -6.39 -7.23 -4.06 percent of GDP [+]
Government Budget Value -288.70 -132 -164 -196 -228 -42.75 USD Million [+]
Government Spending 1281.32 1219 1271 1324 1377 1703 USD Million [+]
Government Revenues 968.60 962 976 991 1006 1151 USD Million [+]
Fiscal Expenditure 889.90 865 889 913 936 1080 USD Million [+]
Military Expenditure 19.60 18.91 19.72 20.52 20.28 19.9 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Ease of Doing Business 112.00 110 110 110 110 110 [+]
Competitiveness Index 3.52 3.52 3.52 3.52 3.52 3.52 Points [+]
Competitiveness Rank 123.00 123 123 123 123 123 [+]
Corruption Index 29.00 29.76 30.11 30.45 30.8 37.28 Points [+]
Corruption Rank 109.00 104 104 104 103 75.27 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Private Sector Credit 1974.40 1988 1994 2000 2007 2129 USD Million [+]
Consumer Credit 429.80 430 424 419 413 343 USD Million [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Sales Tax Rate 12.50 12.5 12.5 12.5 12.5 12.5 percent [+]





Economic Forecasts for Belize including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Belize economy. 3/30/2017