Belize 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$2.04 billion
↓ 14.46% vs 2019GDP per Capita
$5,227.19
↓ 15.55% vs 2019GDP Growth (Annual %)
-13.90%
↓ 18.17pp vs 2019Inflation Rate (CPI %)
0.12%
↓ 0.07pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $2.39 billion | $2.04 billion | -14.46% |
| GDP per Capita | $6,190.05 | $5,227.19 | -15.55% |
| GDP Growth (Annual %) | 4.27% | -13.90% | -18.17pp |
| Inflation (CPI %) | 0.19% | 0.12% | -0.07pp |
| Unemployment Rate (%) | 9.05% | 10.78% | +1.73pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $2.04 billion
- GDP per Capita
- $5,227.19
- GDP Growth (Annual %)
- -13.90%
- Gross National Income
- $1.98 billion
Prices & Employment
- Inflation (CPI %)
- 0.12%
- Inflation (GDP Deflator %)
- -0.65%
- Unemployment Rate (%)
- 10.78%
- Interest Rate (Real %)
- 9.45%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -6.26%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Belize's Gross Domestic Product (GDP) is $2.04 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Belize for 2020 is $5,227.19. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Belize for 2020 is 0.12%. This measures the annual percentage change in the cost of consumer goods and services.
Belize's annual GDP growth rate for 2020 is -13.90%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Belize for 2020 is 10.78%. This represents the percentage of the labor force that is unemployed and actively seeking employment.