Belize 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$3.27 billion
↑ 6.53% vs 2023GDP per Capita
$7,946.79
↑ 6.53% vs 2023GDP Growth (Annual %)
6.53%
↑ 5.38pp vs 2023Inflation Rate (CPI %)
3.29%
↓ 1.10pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $3.07 billion | $3.27 billion | +6.53% |
| GDP per Capita | $7,460.00 | $7,946.79 | +6.53% |
| GDP Growth (Annual %) | 1.15% | 6.53% | +5.38pp |
| Inflation (CPI %) | 4.39% | 3.29% | -1.10pp |
| Unemployment Rate (%) | 8.27% | 7.00% | -1.27pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $3.27 billion
- GDP per Capita
- $7,946.79
- GDP Growth (Annual %)
- 6.53%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 3.29%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 7.00%
- Interest Rate (Real %)
- N/A
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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Belize's Gross Domestic Product (GDP) is $3.27 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Belize for 2024 is $7,946.79. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Belize for 2024 is 3.29%. This measures the annual percentage change in the cost of consumer goods and services.
Belize's annual GDP growth rate for 2024 is 6.53%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Belize for 2024 is 7.00%. This represents the percentage of the labor force that is unemployed and actively seeking employment.