Multilateral debt service in Belize
Belize: Multilateral debt service was 52.5% in 2024. ▲ Rising
Multilateral debt service in Belize, 1975–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
Belize recorded 52.5% for multilateral debt service in 2024.
The figure is down 20.8% on the previous year and up 35.7% over ten years.
Over the whole period, multilateral debt service in Belize peaked at 72.1% in 2022 and was at its lowest, 5.2%, in 2007.
That places Belize 44th out of 123 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Multilateral debt service in Belize, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1975 | 7.2% | — |
| 1976 | 9.0% | +24.4% |
| 1977 | 24.1% | +168.6% |
| 1978 | 32.9% | +36.7% |
| 1979 | 60.3% | +83.2% |
| 1980 | 68.9% | +14.1% |
| 1981 | 50.7% | -26.3% |
| 1982 | 37.7% | -25.7% |
| 1983 | 37.8% | +0.4% |
| 1984 | 27.2% | -28.0% |
| 1985 | 26.9% | -1.1% |
| 1986 | 26.2% | -2.9% |
| 1987 | 30.1% | +15.0% |
| 1988 | 35.8% | +19.1% |
| 1989 | 43.4% | +21.1% |
| 1990 | 37.0% | -14.7% |
| 1991 | 42.6% | +15.0% |
| 1992 | 43.9% | +3.2% |
| 1993 | 42.8% | -2.5% |
| 1994 | 33.8% | -21.0% |
| 1995 | 31.7% | -6.1% |
| 1996 | 28.8% | -9.2% |
| 1997 | 29.6% | +2.8% |
| 1998 | 28.3% | -4.3% |
| 1999 | 31.5% | +11.2% |
| 2000 | 22.2% | -29.4% |
| 2001 | 18.8% | -15.6% |
| 2002 | 9.3% | -50.5% |
| 2003 | 14.2% | +52.7% |
| 2004 | 7.2% | -49.3% |
| 2005 | 10.6% | +47.4% |
| 2006 | 19.2% | +81.4% |
| 2007 | 5.2% | -73.1% |
| 2008 | 32.2% | +522.9% |
| 2009 | 25.7% | -20.1% |
| 2010 | 26.5% | +2.9% |
| 2011 | 26.8% | +1.2% |
| 2012 | 26.0% | -3.0% |
| 2013 | 24.3% | -6.5% |
| 2014 | 38.7% | +59.1% |
| 2015 | 39.5% | +2.1% |
| 2016 | 40.1% | +1.4% |
| 2017 | 43.7% | +9.1% |
| 2018 | 46.7% | +6.9% |
| 2019 | 48.4% | +3.6% |
| 2020 | 56.2% | +16.1% |
| 2021 | 7.6% | -86.5% |
| 2022 | 72.1% | +853.5% |
| 2023 | 66.3% | -8.1% |
| 2024 | 52.5% | -20.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.7% | 7.2% | 60.3% | 5 |
| 1980s | 38.5% | 26.2% | 68.9% | 10 |
| 1990s | 35.0% | 28.3% | 43.9% | 10 |
| 2000s | 16.5% | 5.2% | 32.2% | 10 |
| 2010s | 36.1% | 24.3% | 48.4% | 10 |
| 2020s | 50.9% | 7.6% | 72.1% | 5 |
Countries ranked near Belize
- 41 Honduras 57.7% compare
- 42 Guatemala 57.6% compare
- 43 Bangladesh 53.1% compare
- 45 Papua New Guinea 52.0% compare
- 46 Sudan 51.2% compare
- 47 Cape Verde 50.8% compare
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 multilateral debt service in Belize?
- Multilateral debt service in Belize was 52.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Belize?
- The highest recorded value was 72.1% in 2022.
- What is the lowest multilateral debt service recorded in Belize?
- The lowest recorded value was 5.2% in 2007.
- How does Belize rank for multilateral debt service?
- Belize ranks 44th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Belize?
- Over the last ten years it is up 35.7%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.