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Trading Basics

Belize

Capital
Belmopan
Region
Latin America & Caribbean
Income group
Upper middle income
Population
423,000 (2025)

At a glance

  • Prices in Belize rose 1.1% in 2025, slower than in most countries.
  • Belize's economy grew 2.8% in 2025, slower than most economies.
  • Output per person in Belize was US$7,865 in 2025, close to the middle of the range worldwide.
  • 8.9% of Belize's labour force had no job in 2025, a higher share than in most countries.
  • Belize had 423,000 people in 2025: about less than 0.1% of everyone on Earth, the 174th largest population of 217 countries and territories.
  • Belize had a current account deficit of 2.8% of GDP in 2025, lower than in most countries.

Consumer prices, change over the year (yearly average)

1.1%
World median 3.0%

Since 2000

Show the numbers
Inflation in Belize and the world median, last ten years
YearBelizeWorld median
20251.1%3.0%
20243.3%3.0%
20234.4%5.7%
20226.3%8.0%
20213.2%3.5%
20200.1%1.9%
20190.2%2.2%
20180.3%2.5%
20171.2%2.3%
20160.7%1.6%

Real GDP, change over the year

2.8%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Belize and the world median, last ten years
YearBelizeWorld median
20252.8%3.4%
20243.5%3.4%
20230.5%3.2%
20229.3%4.3%
202118.0%5.1%
2020−13.5%−3.8%
20194.3%2.8%
20180.8%3.2%
2017−1.8%3.3%
2016−0.0%3.1%

GDP divided by population, in US dollars at current prices

US$7,865
World median US$7,882

Since 2000

Show the numbers
GDP per person in Belize and the world median, last ten years
YearBelizeWorld median
2025US$7,865US$7,882
2024US$7,681US$7,853
2023US$7,425US$7,862
2022US$7,068US$7,656
2021US$6,143US$7,269
2020US$5,239US$6,433
2019US$6,172US$7,037
2018US$6,012US$6,978
2017US$6,072US$6,548
2016US$6,141US$5,982

Share of the labour force without a job (ILO modelled estimate)

8.9%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Belize and the world median, last ten years
YearBelizeWorld median
20258.9%5.1%
20248.7%5.1%
20238.3%5.2%
20228.7%5.3%
202110.3%6.0%
202010.8%6.4%
20199.1%5.4%
20189.4%5.4%
20176.6%5.6%
20167.0%5.9%

Everyone living in the country, mid-year

423,000

Since 2000

Show the numbers
Population in Belize and the world median, last ten years
YearBelize
2025423,000
2024417,000
2023411,000
2022403,000
2021395,000
2020391,000
2019386,000
2018380,000
2017373,000
2016365,000

Current account balance, % of GDP

−2.8%
World median −0.8%

Since 2000

Show the numbers
Current account balance in Belize and the world median, last ten years
YearBelizeWorld median
2025−2.8%−0.8%
2024−1.6%−1.3%
2023−0.7%−1.2%
2022−8.3%−3.0%
2021−6.5%−2.4%
2020−6.3%−1.7%
2019−7.8%−2.1%
2018−6.6%−2.9%
2017−7.0%−2.1%
2016−7.3%−2.8%

No recent World Bank figure for Belize: government debt.

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Belize since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.