Public and publicly guaranteed debt service in Belize
Belize: Public and publicly guaranteed debt service was 4.0% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Belize, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, public and publicly guaranteed debt service in Belize stood at 4.0%.
The figure is up 11.1% on the previous year and up 8.5% over ten years.
Over the whole period, public and publicly guaranteed debt service in Belize peaked at 42.0% in 2007 and was at its lowest, 0.0%, in 1970.
Belize ranks 27th of 123 countries on this measure, in the top quarter.
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 GNI | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | +27.9% |
| 1972 | 0.1% | +137.0% |
| 1973 | 0.7% | +927.2% |
| 1974 | 0.5% | -28.1% |
| 1975 | 0.4% | -10.7% |
| 1976 | 0.4% | -4.0% |
| 1977 | 0.4% | -9.7% |
| 1978 | 0.3% | -6.3% |
| 1979 | 0.5% | +60.4% |
| 1980 | 0.6% | +5.4% |
| 1981 | 1.3% | +120.5% |
| 1982 | 2.3% | +84.6% |
| 1983 | 2.6% | +12.3% |
| 1984 | 2.3% | -12.0% |
| 1985 | 5.8% | +148.7% |
| 1986 | 4.3% | -26.0% |
| 1987 | 3.3% | -23.1% |
| 1988 | 3.0% | -9.2% |
| 1989 | 2.5% | -14.4% |
| 1990 | 2.7% | +7.0% |
| 1991 | 2.6% | -3.0% |
| 1992 | 2.3% | -12.5% |
| 1993 | 2.4% | +1.9% |
| 1994 | 3.2% | +36.0% |
| 1995 | 4.4% | +38.3% |
| 1996 | 4.7% | +5.3% |
| 1997 | 4.1% | -12.1% |
| 1998 | 4.5% | +9.2% |
| 1999 | 4.5% | +0.5% |
| 2000 | 6.7% | +49.1% |
| 2001 | 8.5% | +27.0% |
| 2002 | 15.9% | +86.1% |
| 2003 | 12.4% | -21.8% |
| 2004 | 25.5% | +105.4% |
| 2005 | 16.8% | -34.1% |
| 2006 | 9.4% | -44.2% |
| 2007 | 42.0% | +348.1% |
| 2008 | 6.4% | -84.7% |
| 2009 | 6.0% | -6.4% |
| 2010 | 6.0% | -0.4% |
| 2011 | 5.1% | -14.7% |
| 2012 | 5.2% | +2.2% |
| 2013 | 5.8% | +11.1% |
| 2014 | 3.7% | -35.9% |
| 2015 | 3.7% | -1.2% |
| 2016 | 4.0% | +8.6% |
| 2017 | 4.0% | +0.8% |
| 2018 | 4.0% | +0.0% |
| 2019 | 4.2% | +5.1% |
| 2020 | 3.8% | -10.2% |
| 2021 | 26.1% | +587.7% |
| 2022 | 2.6% | -89.9% |
| 2023 | 3.6% | +37.2% |
| 2024 | 4.0% | +11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3% | 0.0% | 0.7% | 10 |
| 1980s | 2.8% | 0.6% | 5.8% | 10 |
| 1990s | 3.5% | 2.3% | 4.7% | 10 |
| 2000s | 14.9% | 6.0% | 42.0% | 10 |
| 2010s | 4.6% | 3.7% | 6.0% | 10 |
| 2020s | 8.0% | 2.6% | 26.1% | 5 |
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)
- 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)
- IBRD loans and IDA credits 40.55 million DOD, current US$ (2024)
Frequently asked questions
- What is public and publicly guaranteed debt service in Belize?
- Public and publicly guaranteed debt service in Belize was 4.0% 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 42.0% in 2007.
- What is the lowest public and publicly guaranteed debt service recorded in Belize?
- The lowest recorded value was 0.0% in 1970.
- How does Belize rank for public and publicly guaranteed debt service?
- Belize ranks 27th out of 123 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 8.5%. 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 GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.