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Economy Snapshot

Belize Economy and Trade

BelmopanLocal time

GDP $3.33B · real growth +2.7% · 2025

On this page, Belize's nominal GDP is $3.33B for 2025, and its separately dated real-growth series shows +2.7% for 2025. The per-person GDP figure is $7,866 (2025); the CPI series shows 1.1% for 2025. Reference years remain attached to each series so readers can compare the figures without treating differently dated measures as one snapshot.

Nominal GDP
$3.33B
current US$ · 2025
World Bank
GDP per capita
$7,866
current US$ · 2025
World Bank
Real GDP growth
+2.7%
annual % · 2025
World Bank
Inflation
1.1%
CPI annual % · 2025
Source listed below

Belize at a Glance

Each measure keeps its own definition and reference year so unlike concepts are not silently combined.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232025$2.19B$3.33B
2015: $2.19B2016: $2.24B2017: $2.27B2018: $2.29B2019: $2.38B2020: $2.05B2021: $2.43B2022: $2.85B2023: $3.05B2024: $3.20B2025: $3.33B
GDP per capita$7,866
Real growth+2.7%
Reference year2025
2025 Inflation
1.1%
CPI annual %
2025 Unemployment
8.9%
labor-market measure
2025 GDP per capita
$7,865.5
current US$

Economic structure and Merchandise trade

Available measures are shown with their reported reference periods.

Economic structure

Selected value-added shares
SECTORS
Services · 202462.4%
Agriculture · 20247.9%

Only independently verified sector shares are displayed on this page.

Merchandise trade

WTO / UN Comtrade · 2025 · USD
TRADE
Exports$0.24Bmerchandise · 2025
Imports$1.46Bmerchandise · 2025
Balance-$1.21Bsame definition and year
Largest highlighted export destination
United Kingdom26.3%

Merchandise trade is kept separate from broader goods-and-services measures.

Exports
$0.24B
Imports
$1.46B
Understand the numbers

What Belize's economic profile is telling you

Belize is a small, service-led economy with agriculture still contributing a meaningful share of output. The World Bank's 2025 profile shows moderate real growth and low inflation alongside a higher modeled unemployment rate.

The merchandise account is strongly import-heavy. The United Kingdom was the largest export destination in the 2025 WTO profile, narrowly ahead of the United States.

The main economic signal

Belize should be read through the combination of output growth, price pressure, labor conditions, sector structure and trade rather than through GDP alone.

Why the definitions matter

Nominal GDP, real growth, CPI inflation, unemployment, sector value added and merchandise trade measure different things. Their units, years and sources stay visible throughout the page.

Detailed Economic Data

The same values are provided in the data table below.

IndicatorBelizeReference periodStatus
GDPcurrent US$, market prices$3.33B2025Actual
GDP per capitacurrent US$$7,865.52025Actual
Real GDP growthannual %+2.7%2025Actual
InflationCPI, annual %1.1%2025Actual
Unemploymentmodeled ILO estimate8.9%2025Estimate
Services value added% of GDP62.4%2024Latest available
Agriculture value addedforestry and fishing included, % of GDP7.9%2024Latest available
Merchandise exportsUSD$0.24B2025Actual
Merchandise importsUSD$1.46B2025Actual

Frequently Asked Questions

What is Belize's GDP?

Belize's nominal GDP was about $3.33B in 2025 in current US dollars according to the World Bank.

Is Belize's economy growing?

World Bank annual data show real GDP growth of +2.7% in 2025.

What is Belize's inflation rate?

The annual CPI reading used here is 1.1% for 2025.

What does the trade balance show for Belize?

Merchandise exports were $0.24B and imports were $1.46B in 2025, giving a same-definition balance of -$1.21B.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise exports and imports from the WTO economy profile.

Each metric keeps its own definition and reference period; unavailable comparable values remain unfilled.