bz Belize 2021

Detailed economic analysis and indicators for 2021

Year 2021

Key Economic Indicators (2021)

GDP (Current USD)

$2.42 billion

↑ 18.49% vs 2020
GDP per Capita

$6,122.61

↑ 17.13% vs 2020
GDP Growth (Annual %)

17.75%

↑ 31.65pp vs 2020
Inflation Rate (CPI %)

3.24%

↑ 3.11pp vs 2020

Year-over-Year Comparison

Indicator 2020 2021 Change
GDP (Current USD) $2.04 billion $2.42 billion +18.49%
GDP per Capita $5,227.19 $6,122.61 +17.13%
GDP Growth (Annual %) -13.90% 17.75% +31.65pp
Inflation (CPI %) 0.12% 3.24% +3.11pp
Unemployment Rate (%) 10.78% 10.32% -0.46pp

All Economic Indicators (2021)

National Accounts
GDP (Current USD)
$2.42 billion
GDP per Capita
$6,122.61
GDP Growth (Annual %)
17.75%
Gross National Income
$2.34 billion
Prices & Employment
Inflation (CPI %)
3.24%
Inflation (GDP Deflator %)
0.63%
Unemployment Rate (%)
10.32%
Interest Rate (Real %)
7.76%
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)
-6.52%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2021, Belize's Gross Domestic Product (GDP) is $2.42 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Belize for 2021 is $6,122.61. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Belize for 2021 is 3.24%. This measures the annual percentage change in the cost of consumer goods and services.

Belize's annual GDP growth rate for 2021 is 17.75%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Belize for 2021 is 10.32%. This represents the percentage of the labor force that is unemployed and actively seeking employment.