Belize - Forecast | 2016-2020

GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 0.05 0.52 0.23 0.36 0.22 0.44 percent [+]
GDP Annual Growth Rate -1.60 -0.6 0.2 0.5 1 2.5 percent [+]
GDP 1.76 1.81 1.87 1.87 1.86 2.05 USD Billion [+]
GDP Per Capita Ppp 8024.84 8030 8075 8075 8075 8190 USD [+]
GDP per capita 4426.59 4430 4450 4450 4487 4530 USD [+]
Gdp From Agriculture 69.80 58.46 58.56 58.57 58.57 58.57 BZD Million [+]
Gdp From Construction 20.40 19.92 20.58 19.76 20.38 20.15 BZD Million [+]
Gdp From Manufacturing 59.60 41.36 62.67 58.59 38.77 44.49 BZD Million [+]
Gdp From Public Administration 76.20 69.86 76.05 78.42 77.69 76.78 BZD Million [+]
Gdp From Services 114.30 113 112 113 112 113 BZD Million [+]
Gdp From Transport 78.10 78.93 81.68 89.16 87.19 112 BZD Million [+]
Gdp From Utilities 32.20 36.36 36.76 34.85 33.1 35.5 BZD Million [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 10.10 10.8 10.5 10.5 10.5 9.5 percent [+]
Employed Persons 138.10 141 142 143 144 155 Thousand [+]
Unemployed Persons 18.48 18.49 18.49 18.48 18.48 18.48 Thousand [+]
Population 0.37 0.37 0.37 0.37 0.37 0.39 Million [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 0.70 0.9 1.1 1.3 1.4 2.3 percent [+]
Food Inflation -0.40 -0.36 -0.44 -0.47 -0.47 -0.47 percent [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 2.50 2.5 2.5 2.5 2.49 2.5 percent [+]
Money Supply M0 336.03 360 372 383 395 579 USD Million [+]
Money Supply M1 1705.66 1800 1867 1936 2008 3206 USD Million [+]
Money Supply M2 3055.50 3138 3196 3222 3253 3282 USD Million [+]
Foreign Exchange Reserves 436.70 363 358 353 348 378 USD Million [+]
Loans to Private Sector 1555.90 1592 1597 1603 1608 1716 USD Million [+]
Deposit Interest Rate 2.60 2.28 2.2 2.12 2.04 1.69 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -138.84 -129 -128 -128 -128 -128 BZ $ Million [+]
Exports 21.42 37.77 39.42 39.94 40.09 40.15 BZ $ Million [+]
Imports 160.26 166 166 166 166 166 BZ $ Million [+]
Current Account -87.10 -53.64 -66.71 -66.2 -56.7 -59.25 BZE$ Million [+]
Current Account to GDP -10.00 -7.12 -6.44 -5.77 -5.09 -1.82 percent [+]
External Debt 1175.80 1209 1217 1226 1234 1312 USD Million [+]
Remittances 82.40 85.1 85.67 86.24 86.81 86.93 USD Million [+]
Tourist Arrivals 1177056.00 901898 867125 832352 797580 967542 [+]
Crude Oil Production 2.00 2 2 2 2 2 BBL/D/1K [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 68.30 67.78 67.95 68.11 68.28 68.92 percent [+]
Government Budget -8.40 -7.23 -7.4 -7.57 -7.74 -4.06 percent of GDP [+]
Government Budget Value -288.70 -228 -226 -225 -223 -42.75 USD Million [+]
Government Spending 1281.32 1377 1399 1421 1444 1703 USD Million [+]
Government Revenues 968.60 1006 1015 1024 1034 1151 USD Million [+]
Fiscal Expenditure 889.90 936 946 956 966 1080 USD Million [+]
Military Expenditure 19.60 18.91 19.72 20.52 20.28 19.9 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 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 30.8 31.49 32.19 32.89 37.28 Points [+]
Corruption Rank 109.00 103 99.61 96.19 92.76 75.27 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Private Sector Credit 1974.40 2007 2011 2016 2020 2129 USD Million [+]
Consumer Credit 429.80 413 409 404 400 343 USD Million [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/6/2016