Unemployment Rate in Belize decreased to 2.50 percent in 2024 from 3.30 percent in 2023. Unemployment Rate in Belize averaged 10.75 percent from 1993 until 2024, reaching an all time high of 23.30 percent in 2010 and a record low of 2.50 percent in 2024. source: Central Bank of Belize
Unemployment Rate in Belize is expected to reach 2.90 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Unemployment Rate is projected to trend around 4.00 percent in 2026 and 4.80 percent in 2027, according to our econometric models.