Gross debt, General government, Percent of GDP in Belize
Belize: Gross debt, General government, Percent of GDP was 59.98 in 2031. ▬ Flat
Gross debt, General government, Percent of GDP in Belize, 2001–2031
Source: International Monetary Fund.
Analysis
Belize recorded 59.98 for gross debt, general government, percent of gdp in 2031.
The figure is down 1.4% on the previous year and down 27.0% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Belize peaked at 103.04 in 2020 and was at its lowest, 49.54, in 2001.
That places Belize 18th out of 36 countries with data for 2031, putting it in the middle of the range.
Gross debt, General government, Percent of GDP in Belize, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 49.54 | — |
| 2002 | 53.19 | +7.4% |
| 2003 | 67.19 | +26.3% |
| 2004 | 70.67 | +5.2% |
| 2005 | 72.73 | +2.9% |
| 2006 | 71.37 | -1.9% |
| 2007 | 66.44 | -6.9% |
| 2008 | 64.67 | -2.7% |
| 2009 | 69.73 | +7.8% |
| 2010 | 68.42 | -1.9% |
| 2011 | 66.22 | -3.2% |
| 2012 | 63.13 | -4.7% |
| 2013 | 62.78 | -0.6% |
| 2014 | 61.54 | -2.0% |
| 2015 | 65.08 | +5.7% |
| 2016 | 70.46 | +8.3% |
| 2017 | 78.12 | +10.9% |
| 2018 | 79.02 | +1.2% |
| 2019 | 78.62 | -0.5% |
| 2020 | 103.04 | +31.1% |
| 2021 | 82.21 | -20.2% |
| 2022 | 66.83 | -18.7% |
| 2023 | 67.5 | +1.0% |
| 2024 | 65.44 | -3.1% |
| 2025 | 67.88 | +3.7% |
| 2026 | 63.2 | -6.9% |
| 2027 | 62.73 | -0.7% |
| 2028 | 62.37 | -0.6% |
| 2029 | 61.66 | -1.1% |
| 2030 | 60.83 | -1.4% |
| 2031 | 59.98 | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 65.06 | 49.54 | 72.73 | 9 |
| 2010s | 69.34 | 61.54 | 79.02 | 10 |
| 2020s | 70.28 | 61.66 | 103.04 | 10 |
| 2030s | 60.41 | 59.98 | 60.83 | 2 |
Countries ranked near Belize
More external debt data for Belize
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 4.0% (2024)
- Net financial flows, IBRD 4.13 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 7.4% (2024)
- Net financial flows, IBRD (NFL, current US$), annual growth rate 718.42 % change on previous year (2024)
- Use of IMF credit 56.71 million DOD, current US$ (2024)
- External debt stocks, public and publicly guaranteed (PPG) 1.40 billion DOD, current US$ (2024)
Frequently asked questions
- What is gross debt, general government, percent of gdp in Belize?
- Gross debt, general government, percent of gdp in Belize was 59.98 in 2031, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Belize?
- The highest recorded value was 103.04 in 2020.
- What is the lowest gross debt, general government, percent of gdp recorded in Belize?
- The lowest recorded value was 49.54 in 2001.
- How does Belize rank for gross debt, general government, percent of gdp?
- Belize ranks 18th out of 36 countries with data for 2031.
- Is gross debt, general government, percent of gdp rising or falling in Belize?
- Over the last ten years it is down 27.0%. The long-run trend across the full record is flat.
- Where does this Belize data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.