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 ...
Economy of Belize
>
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)
People also ask
Is Belize a rich or poor country?
What kind of economy does Belize have?
How do people in Belize make money?
What is the economic crisis in Belize?
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 - Index of Economic Freedom - The Heritage Foundation
www.heritage.org › pages › country-pages
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 ...
Belize has the smallest economy in Central America, with a Gross Domestic Product (GDP) of $1.4 billion based largely in tourism. The country's economic and ...
Belize's economy in numbers: Nominal GDP of USD 2.8 billion in 2022. GDP per capita of USD 6,356 compared to the global average of USD 10,589. Average real GDP ...
Access the latest politics analysis and economic growth summary through 2011 for Belize from The Economist Intelligence Unit.
Belize has a small, essentially private enterprise economy that is based primarily on agriculture, agro-based industry, and merchandising, with tourism and ...
Belize has a mixed economic system which includes a private-enterprise system, combined with centralized economic planning and government regulation. Belize ...