Belize 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$3.07 billion
↑ 7.73% vs 2022GDP per Capita
$7,460.00
↑ 5.54% vs 2022GDP Growth (Annual %)
1.15%
↓ 8.50pp vs 2022Inflation Rate (CPI %)
4.39%
↓ 1.89pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $2.85 billion | $3.07 billion | +7.73% |
| GDP per Capita | $7,068.45 | $7,460.00 | +5.54% |
| GDP Growth (Annual %) | 9.65% | 1.15% | -8.50pp |
| Inflation (CPI %) | 6.28% | 4.39% | -1.89pp |
| Unemployment Rate (%) | 8.76% | 8.27% | -0.50pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $3.07 billion
- GDP per Capita
- $7,460.00
- GDP Growth (Annual %)
- 1.15%
- Gross National Income
- $2.96 billion
Prices & Employment
- Inflation (CPI %)
- 4.39%
- Inflation (GDP Deflator %)
- 6.51%
- Unemployment Rate (%)
- 8.27%
- Interest Rate (Real %)
- 1.81%
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)
- -0.64%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Belize's Gross Domestic Product (GDP) is $3.07 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Belize for 2023 is $7,460.00. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Belize for 2023 is 4.39%. This measures the annual percentage change in the cost of consumer goods and services.
Belize's annual GDP growth rate for 2023 is 1.15%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Belize for 2023 is 8.27%. This represents the percentage of the labor force that is unemployed and actively seeking employment.