Short-term debt in Belize
Belize: Short-term debt was 0.8% in 2024. ◆ Volatile
Short-term debt in Belize, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Belize stood at 0.8%.
The figure is up 10.4% on the previous year and up 99.7% over ten years.
Over the whole period, short-term debt in Belize peaked at 52.9% in 1979 and was at its lowest, 0.0%, in 1970.
That places Belize 109th out of 122 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Belize, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | — |
| 1976 | 0.0% | — |
| 1977 | 33.9% | — |
| 1978 | 33.0% | -2.5% |
| 1979 | 52.9% | +60.2% |
| 1980 | 25.4% | -52.0% |
| 1981 | 6.9% | -72.7% |
| 1982 | 10.6% | +53.3% |
| 1983 | 21.7% | +104.2% |
| 1984 | 18.2% | -16.0% |
| 1985 | 11.2% | -38.2% |
| 1986 | 9.8% | -13.0% |
| 1987 | 10.8% | +10.2% |
| 1988 | 4.1% | -61.5% |
| 1989 | 3.7% | -10.6% |
| 1990 | 4.3% | +15.3% |
| 1991 | 6.7% | +55.8% |
| 1992 | 6.1% | -8.7% |
| 1993 | 9.7% | +60.2% |
| 1994 | 8.2% | -16.1% |
| 1995 | 14.0% | +71.5% |
| 1996 | 11.0% | -21.1% |
| 1997 | 40.4% | +266.2% |
| 1998 | 15.2% | -62.5% |
| 1999 | 12.2% | -19.2% |
| 2000 | 7.9% | -35.2% |
| 2001 | 7.0% | -11.3% |
| 2002 | 5.4% | -23.3% |
| 2003 | 7.6% | +41.2% |
| 2004 | 0.1% | -98.2% |
| 2005 | 0.7% | +394.8% |
| 2006 | 0.7% | +9.4% |
| 2007 | 0.7% | -7.7% |
| 2008 | 0.6% | -13.3% |
| 2009 | 0.7% | +25.6% |
| 2010 | 0.5% | -28.0% |
| 2011 | 0.6% | +15.7% |
| 2012 | 0.5% | -16.4% |
| 2013 | 0.5% | -10.7% |
| 2014 | 0.4% | -7.8% |
| 2015 | 0.6% | +31.2% |
| 2016 | 0.3% | -42.7% |
| 2017 | 0.4% | +13.0% |
| 2018 | 0.3% | -24.9% |
| 2019 | 0.3% | +13.4% |
| 2020 | 0.5% | +71.2% |
| 2021 | 0.7% | +29.3% |
| 2022 | 0.7% | -0.8% |
| 2023 | 0.8% | +13.9% |
| 2024 | 0.8% | +10.4% |
Belize compared with similar countries
- Belize's 0.8% is below the median for upper middle income countries, which is 11.8%, 7% of the median. (52 countries reporting)
- Belize's 0.8% is below the median for Latin America & Caribbean, which is 9.1%, 9% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Short-term debt 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.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +394.8% | 0.1% | 0.7% |
| 1997 | +266.2% | 11.0% | 40.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.0% | 0.0% | 52.9% | 10 |
| 1980s | 12.2% | 3.7% | 25.4% | 10 |
| 1990s | 12.8% | 4.3% | 40.4% | 10 |
| 2000s | 3.2% | 0.1% | 7.9% | 10 |
| 2010s | 0.4% | 0.3% | 0.6% | 10 |
| 2020s | 0.7% | 0.5% | 0.8% | 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)
- 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 short-term debt in Belize?
- Short-term debt in Belize was 0.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Belize?
- The highest recorded value was 52.9% in 1979.
- What is the lowest short-term debt recorded in Belize?
- The lowest recorded value was 0.0% in 1970.
- How does Belize rank for short-term debt?
- Belize ranks 109th out of 122 countries with data for 2024.
- Is short-term debt rising or falling in Belize?
- Over the last ten years it is up 99.7%. 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 Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.