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Public and publicly guaranteed debt service in Belize

Belize: Public and publicly guaranteed debt service was 7.4% in 2024. ◆ Volatile

Latest (2024)
7.4%
Change on year
up 8.8%
World rank
54th
of 120 countries
All-time high
78.8%
in 2007
All-time low
5.0%
in 1984
Years of data
41
1984–2024

Public and publicly guaranteed debt service in Belize, 1984–2024

0204060801984200420241984: 5 % of exports of goods, services and primary income1985: 12.2 % of exports of goods, services and primary income1986: 9 % of exports of goods, services and primary income1987: 7.3 % of exports of goods, services and primary income1988: 6.1 % of exports of goods, services and primary income1989: 5.6 % of exports of goods, services and primary income1990: 5.7 % of exports of goods, services and primary income1991: 6 % of exports of goods, services and primary income1992: 5.4 % of exports of goods, services and primary income1993: 6 % of exports of goods, services and primary income1994: 8.5 % of exports of goods, services and primary income1995: 11.7 % of exports of goods, services and primary income1996: 12.2 % of exports of goods, services and primary income1997: 10.3 % of exports of goods, services and primary income1998: 12 % of exports of goods, services and primary income1999: 10.7 % of exports of goods, services and primary income2000: 16.9 % of exports of goods, services and primary income2001: 21.7 % of exports of goods, services and primary income2002: 38.6 % of exports of goods, services and primary income2003: 29 % of exports of goods, services and primary income2004: 61.4 % of exports of goods, services and primary income2005: 36.7 % of exports of goods, services and primary income2006: 17.5 % of exports of goods, services and primary income2007: 78.8 % of exports of goods, services and primary income2008: 11.6 % of exports of goods, services and primary income2009: 13.1 % of exports of goods, services and primary income2010: 11.6 % of exports of goods, services and primary income2011: 9.3 % of exports of goods, services and primary income2012: 9 % of exports of goods, services and primary income2013: 10.5 % of exports of goods, services and primary income2014: 6.8 % of exports of goods, services and primary income2015: 7.4 % of exports of goods, services and primary income2016: 8.7 % of exports of goods, services and primary income2017: 8.3 % of exports of goods, services and primary income2018: 7.9 % of exports of goods, services and primary income2019: 8.4 % of exports of goods, services and primary income2020: 10.4 % of exports of goods, services and primary income2021: 58.4 % of exports of goods, services and primary income2022: 5.2 % of exports of goods, services and primary income2023: 6.8 % of exports of goods, services and primary income2024: 7.4 % of exports of goods, services and primary income

Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.

Analysis

Belize recorded 7.4% for public and publicly guaranteed debt service in 2024.

That represents a change of up 8.8% on the previous year and up 8.6% over ten years.

Over the whole period, public and publicly guaranteed debt service in Belize peaked at 78.8% in 2007 and was at its lowest, 5.0%, in 1984.

That places Belize 54th out of 120 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Public and publicly guaranteed debt service in Belize, year by year

Year % of exports of goods, services and primary income Change
1984 5.0% —
1985 12.2% +141.7%
1986 9.0% -26.1%
1987 7.3% -19.3%
1988 6.1% -15.7%
1989 5.6% -9.0%
1990 5.7% +3.2%
1991 6.0% +5.0%
1992 5.4% -10.0%
1993 6.0% +10.4%
1994 8.5% +42.2%
1995 11.7% +37.8%
1996 12.2% +3.7%
1997 10.3% -15.6%
1998 12.0% +17.0%
1999 10.7% -11.3%
2000 16.9% +58.4%
2001 21.7% +28.3%
2002 38.6% +77.9%
2003 29.0% -24.9%
2004 61.4% +111.8%
2005 36.7% -40.2%
2006 17.5% -52.5%
2007 78.8% +351.8%
2008 11.6% -85.3%
2009 13.1% +13.2%
2010 11.6% -11.8%
2011 9.3% -19.2%
2012 9.0% -3.4%
2013 10.5% +16.0%
2014 6.8% -34.9%
2015 7.4% +8.6%
2016 8.7% +17.5%
2017 8.3% -4.7%
2018 7.9% -4.4%
2019 8.4% +6.4%
2020 10.4% +24.0%
2021 58.4% +459.5%
2022 5.2% -91.1%
2023 6.8% +30.7%
2024 7.4% +8.8%

Belize compared with similar countries

  • Belize's 7.4% is above the median for upper middle income countries, which is 7.4%, 1.0× the median. (51 countries reporting)
  • Belize's 7.4% is below the median for Latin America & Caribbean, which is 9.7%, 76% of the median. (23 countries reporting)

Biggest year-on-year movements

Years where Public and publicly guaranteed debt service in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +459.5% 10.4% 58.4%
2007 +351.8% 17.5% 78.8%

Averages by decade

DecadeAverage LowestHighest Years
1980s 7.5% 5.0% 12.2% 6
1990s 8.9% 5.4% 12.2% 10
2000s 32.5% 11.6% 78.8% 10
2010s 8.8% 6.8% 11.6% 10
2020s 17.7% 5.2% 58.4% 5

Countries ranked near Belize

  1. 51 Türkiye 7.7% compare
  2. 52 Malawi 7.7% compare
  3. 53 Nicaragua 7.5% compare
  4. 55 Lao People's Democratic Republic 7.3% compare
  5. 56 Belarus 6.8% compare
  6. 57 Chad 6.7% compare

See the full ranking of 152 places →

More external debt data for Belize

All data for Belize →

Frequently asked questions

What is public and publicly guaranteed debt service in Belize?
Public and publicly guaranteed debt service in Belize was 7.4% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest public and publicly guaranteed debt service recorded in Belize?
The highest recorded value was 78.8% in 2007.
What is the lowest public and publicly guaranteed debt service recorded in Belize?
The lowest recorded value was 5.0% in 1984.
How does Belize rank for public and publicly guaranteed debt service?
Belize ranks 54th out of 120 countries with data for 2024.
Is public and publicly guaranteed debt service rising or falling in Belize?
Over the last ten years it is up 8.6%. The long-run trend across the full record is volatile.
Where does this Belize data come from?
The figures come from International Debt Statistics, World Bank (WB), published as part of Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.

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Public and publicly guaranteed debt service in Belize. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 16 September 2026, from https://debt.statizoid.com/stat/public-and-publicly-guaranteed-debt-service-percent-of-exports-of-goods-services-and/belize/

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About this data

Indicator
Public and publicly guaranteed debt service (% of exports of goods, services and primary income)
Unit
% of exports of goods, services and primary income
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 5,881 data points, 1970–2024
Last refreshed

Public and publicly guaranteed debt service to exports of goods, services, and income. 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. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.