bz Belize 2016

Detailed economic analysis and indicators for 2016

Year 2016

Key Economic Indicators (2016)

GDP (Current USD)

$2.24 billion

↑ 2.15% vs 2015
GDP per Capita

$6,142.50

↓ 0.19% vs 2015
GDP Growth (Annual %)

0.05%

↓ 2.82pp vs 2015
Inflation Rate (CPI %)

0.66%

↑ 1.53pp vs 2015

Year-over-Year Comparison

Indicator 2015 2016 Change
GDP (Current USD) $2.19 billion $2.24 billion +2.15%
GDP per Capita $6,154.50 $6,142.50 -0.19%
GDP Growth (Annual %) 2.88% 0.05% -2.82pp
Inflation (CPI %) -0.86% 0.66% +1.53pp
Unemployment Rate (%) 7.58% 7.00% -0.58pp

All Economic Indicators (2016)

National Accounts
GDP (Current USD)
$2.24 billion
GDP per Capita
$6,142.50
GDP Growth (Annual %)
0.05%
Gross National Income
$2.13 billion
Prices & Employment
Inflation (CPI %)
0.66%
Inflation (GDP Deflator %)
2.09%
Unemployment Rate (%)
7.00%
Interest Rate (Real %)
7.59%
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)
-7.30%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2016, Belize's Gross Domestic Product (GDP) is $2.24 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Belize for 2016 is $6,142.50. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Belize for 2016 is 0.66%. This measures the annual percentage change in the cost of consumer goods and services.

Belize's annual GDP growth rate for 2016 is 0.05%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Belize for 2016 is 7.00%. This represents the percentage of the labor force that is unemployed and actively seeking employment.