The Gross Domestic Product (GDP) in Belize contracted 4.50 percent in the first quarter of 2020 over the same quarter of the previous year.

GDP Annual Growth Rate in Belize averaged 3.30 percent from 1995 until 2020, reaching an all time high of 21.10 percent in the fourth quarter of 2000 and a record low of -8 percent in the fourth quarter of 1995. This page provides - Belize Gdp Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belize GDP Annual Growth Rate - values, historical data and charts - was last updated on July of 2020. source: Statistical Institute of Belize

GDP Annual Growth Rate in Belize is expected to be -10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Belize to stand at 0.60 in 12 months time. In the long-term, the Belize GDP Annual Growth Rate is projected to trend around 0.80 percent in 2021 and 1.10 percent in 2022, according to our econometric models.

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Belize GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
-4.50 -4.40 21.10 -8.00 1995 - 2020 percent Quarterly

Belize GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.90 -1.20 13.50 -10.90 percent [+]
GDP Annual Growth Rate -4.50 -4.40 21.10 -8.00 percent [+]
GDP 1.88 1.87 1.88 0.03 USD Billion [+]
GDP Per Capita Ppp 7810.20 7726.40 7998.20 5115.80 USD [+]
GDP per capita 4149.86 4217.51 4402.69 1079.38 USD [+]
GDP Constant Prices 709.60 652.80 752.20 282.65 BZD Million [+]
GDP From Agriculture 75.20 43.00 83.30 18.66 BZD Million [+]
GDP From Construction 15.80 14.50 24.41 9.58 BZD Million [+]
GDP From Manufacturing 50.80 33.60 106.50 19.74 BZD Million [+]
GDP From Public Administration 87.30 86.40 87.30 31.49 BZD Million [+]
GDP From Services 149.40 149.80 154.60 33.89 BZD Million [+]
GDP From Transport 61.40 57.50 67.20 20.30 BZD Million [+]
GDP From Utilities 22.80 20.30 47.00 2.70 BZD Million [+]