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Economy of Belize |
Currency |
1 Belize Dollar (BZD) |
Fiscal year |
1 April – 31 March |
Trade organisations |
CARICOM, WTO |
Statistics [1] |
GDP ranking |
187th (PPP), 159th (Nominal) (2005) |
GDP |
$1.778 billion (PPP), $908 million (Nominal) (2005) |
GDP growth |
3.8% (2005 est.) |
GDP per capita (PPP) |
$6.800 (2005 est.) |
GDP by sector |
agriculture (22.5%), industry (23%), services (54.5%) (2004 est.) |
Inflation |
3% (2005 est.) |
Pop below poverty line |
33% |
Labour force |
90,000 (2001 est.) |
Labour force by occupation |
agriculture (27%), industry (18%), services (55%) (2001 est.) |
Unemployment |
12.9% (2003) |
Main industries |
garment production, food processing, tourism, construction |
Trading Partners [2] |
Exports |
$349.9 million (2005) |
Main partners |
U.S. 37.2%, UK 26.8%, Jamaica 4.6% (2004) |
Imports |
$622.4 million (2005) |
Main Partners |
U.S. 30.1%, Mexico 12%, Guatemala 7.4%, Cuba 7.2%, People's Republic of China 4.2%, Japan 4.1% (2004) |
Public finances [3] |
Public debt |
N/A |
External debt |
$1.362 billion (2004) |
Revenues |
$262 million (including grants) (2005) |
Expenses |
$329 million, including capital expenditures of $70 million (2005) |
Economic aid |
N/A (recipient) |
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