Economy of Belize
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The economy of Belize is a small, essentially private enterprise economy that is based primarily on agriculture, tourism, and services. The cultivation of newly discovered oil in the town of Spanish Lookout has presented new prospects and problems... Wikipedia
Country group: Developing/Emerging; Lower-middle income economy;
Currency: Belize dollar (BZD, BZ$)
Export goods: Sugar, bananas, citrus, clothing, fish products, molasses, wood, crude oil
Fiscal year: 1 April – 31 March
GDP by sector: agriculture: 13%; industry: 23%; services: 64%; (2012 est.)
GDP growth: : 2.1% (2018) 0.3% (2019e); −13.5% (2020f) 6.7% (2021f);
GDP per capita rank: 99th (nominal, 2018); 115th (PPP, 2018)
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Belize has a developing free-market economy. Commercial logging and the export of timber were for years the basis of the Belizean economy, but by 1960 the ...
Feb 28, 2024 · Belize's open, private sector-led economy is based primarily on tourism, agriculture, and services. In 2022, gross domestic product (GDP) ...
Belize Overview: Development news, research, data | World Bank
www.worldbank.org › country › overview
Belize has an export-oriented economy that benefits from its proximity to the large markets of the United States and Mexico. Belize also has a unique cultural ...
The economy of Belize is a small, essentially private enterprise economy that is based primarily on agriculture, tourism, and services.
Belize has the second highest per capita income in Central America. Note: Top 3 trade partners are calculated by imports + exports.
Belize - Index of Economic Freedom - The Heritage Foundation
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Belize's economic freedom score is 61.2, making its economy the 73rd freest in the 2024 Index of Economic Freedom. Its rating has increased by 1.4 points ...
Sustainable economic growth in Belize depends on strong agriculture and tourism sectors, and the development of alternative energy possibilities. Growth in ...
Mar 31, 2024 · With our economists' analyses of the business environment and country risk level in Belize, you can better assess your payment risks.
With a population of just over 450,000 people, Belize stands as the smallest economy in Central America and the second-smallest by size after El Salvador.
Belize has a small, essentially private enterprise economy that is based primarily on agriculture, agro-based industry, and merchandising, with tourism and ...