Belize
GDP growth in Belize
GDP growth in Belize: 5% a year in 1980 and 3.5% a year in 2024, by IMF estimates.
- Latest, 2024
- 3.5% a year
- Since 1980
- −1.5 percentage points
- Projected, 2031
- 2% a year
- IMF projection (World Economic Outlook, October 2026)
% a year · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 2% a year in 2031.
- The highest was 22% a year in 1987, the lowest -13.5% a year in 2020.
Every year
% a year · IMF
| Year | Belize |
|---|---|
| 2024 | 3.5 |
| 2023 | 0.5 |
| 2022 | 9.3 |
| 2021 | 18 |
| 2020 | -13.5 |
| 2019 | 4.3 |
| 2018 | 0.8 |
| 2017 | -1.8 |
| 2016 | -0 |
| 2015 | 2.8 |
| 2014 | 3.9 |
| 2013 | 4.1 |
| 2012 | 3.9 |
| 2011 | -0.1 |
| 2010 | 1.4 |
| 2009 | -0.4 |
| 2008 | -1.6 |
| 2007 | 3.3 |
| 2006 | 4.5 |
| 2005 | 2.2 |
| 2004 | 4.8 |
| 2003 | 9.7 |
| 2002 | 5.4 |
| 2001 | 5 |
| 2000 | 12.2 |
| 1999 | 9.4 |
| 1998 | 3.9 |
| 1997 | 4.2 |
| 1996 | 1.1 |
| 1995 | 0.7 |
| 1994 | -0 |
| 1993 | 6.1 |
| 1992 | 12.7 |
| 1991 | 11.8 |
| 1990 | 11.2 |
| 1989 | 15.5 |
| 1988 | 10.9 |
| 1987 | 22 |
| 1986 | 7.3 |
| 1985 | -1.4 |
| 1984 | 11.3 |
| 1983 | 6.1 |
| 1982 | -7.6 |
| 1981 | 0.2 |
| 1980 | 5 |
IMF projection (World Economic Outlook, October 2026) · 2025–2031
| Year | Belize |
|---|---|
| 2025 | 2.6 |
| 2026 | 1.9 |
| 2027 | 2 |
| 2028 | 2 |
| 2029 | 2 |
| 2030 | 2 |
| 2031 | 2 |
Good to know
- How much the economy grew or shrank in a year, after inflation.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Belize in numbers
Every measure for Belize on one page
Health
People
Economy
Education
Conflict
Military
- Military spending1% of GDP in 2025
- Military spending in US dollars$32.9M in 2025
- Military spending per person$79 in 2025
- Military share of state spending3.7% of government spending in 2025
- Armed forces personnel2,000 people in 2020
- National power0% of world capability in 2022
- Armed forces, share of workers1.32% of the labour force in 2020
- Arms imports1 million TIV in 2023