Nomad Watch
BZ

Belize

BZ · BLZ · #147 · 10 cities

Nomad score 53/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$16,710
GDP (2031)
$4.1B
GDP growth (2031)
2.0% →
Inflation (2031)
1.3% →
Unemployment (2031)
2.6% →
Population (2031)
457.0K
Population growth (2031)
1.3% ↓
Gini index (2018)
39.9
Government debt (2031)
60.0% of GDP
Current account (2031)
-3.2% of GDP
FDI inflows (2025)
$240,004
Life expectancy (2024)
73.7 yrs
Health spending (2023)
4.2% of GDP
Internet users (2024)
80.0%
Mobile subscriptions (2022)
67.2/100
Trade openness (2024)
109.0% of GDP
Exchange rate (2025)
2.00/USD
Foreign reserves (2025)
$559.4M
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
60.0% of GDP
Current account (2031)
-3.2% of GDP
FDI inflows (2025)
$240,004

Income inequality (Gini)

Gini index (2018)
0.40
Assessment
Moderate inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2024)
13.01/1k
Tax revenue (2017)
21.4% of GDP
Services sector (2024)
62.4% of GDP

Financial access and costs

ATMs per 100k (2024)
45.4
Bank branches per 100k (2024)
14.4
ICT service exports (2025)
10.2%
Goods and services tax (2017)
15.4%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $4.1B $16,710 2.0% 1.3% 2.6% 457.0K - 60.0% -3.2% - - - - -
2030 * $3.9B $16,391 2.0% 1.3% 2.6% 451.0K - 60.8% -3.2% - - - - -
2029 * $3.8B $16,122 2.0% 1.3% 2.6% 444.0K - 61.7% -3.3% - - - - -
2028 * $3.7B $15,860 2.0% 1.3% 2.6% 437.0K - 62.4% -3.5% - - - - -
2027 * $3.6B $15,568 2.1% 1.5% 2.6% 431.0K - 62.7% -3.9% - - - - -
2026 * $3.5B $15,263 2.2% 1.5% 2.6% 424.0K - 63.2% -4.5% - - - - -
2025 $3.3B $14,966 2.7% 1.1% 2.6% 417.0K - 67.9% -3.5% $240,004 - - - 2.00
2024 $3.2B $14,367 3.5% 3.3% 2.6% 411.0K - 65.4% -1.9% $128.5M 73.7 - 80.0% 2.00
2023 $3.1B $13,741 0.5% 4.4% 3.3% 404.0K - 67.5% -1.0% $16.9M 73.6 4.2% 70.2% 2.00
2022 $2.8B $13,459 9.3% 6.3% 6.1% 397.0K - 66.8% -8.3% $140.9M 72.2 4.2% 70.0% 2.00
2021 $2.4B $11,716 18.0% 3.2% 10.3% 399.0K - 82.2% -6.5% $125.5M 70.9 5.1% 70.7% 2.00
2020 $2.0B $9,639 -13.5% 0.1% 13.8% 393.0K - 103.0% -6.2% $76.2M 71.6 5.3% 64.4% 2.00
2019 $2.4B $10,500 4.3% 0.2% 9.0% 386.0K - 78.6% -7.8% $93.9M 72.6 4.8% 58.8% 2.00
2018 $2.3B $9,497 0.8% 0.3% 9.4% 379.0K 39.9 79.0% -6.6% $122.0M 72.3 4.8% 53.6% 2.00
2017 $2.3B $9,121 -1.8% 1.1% 9.3% 371.0K - 78.1% -7.0% $31.8M 72.1 4.6% 48.9% 2.00
2016 $2.2B $9,399 0.0% 0.7% 9.5% 364.0K - 70.5% -7.3% $32.7M 71.8 4.8% 44.6% 2.00
2015 $2.2B $9,538 2.8% -0.9% 10.1% 357.0K - 65.1% -8.0% $59.1M 71.7 4.7% 41.6% 2.00
2014 $2.1B $9,490 3.9% 1.2% 11.6% 349.0K - 61.5% -6.4% $141.1M 71.4 4.9% 38.7% 2.00
2013 $2.0B $9,526 4.1% 0.5% 12.9% 342.0K - 62.8% -3.6% $92.2M 71.3 4.4% 33.6% 2.00
2012 $1.9B $9,303 3.9% 1.2% 15.3% 334.0K - 63.1% -1.7% $194.2M 71.1 4.3% 31.0% 2.00
2011 $1.8B $9,722 -0.1% 1.7% 16.7% 328.0K - 66.2% -1.1% $95.3M 71.0 4.5% 30.7% 2.00
2010 $1.7B $9,748 1.4% 0.9% 18.5% 322.0K - 68.4% -2.6% $96.4M 70.9 4.5% 28.2% 2.00
2009 $1.7B $9,728 -0.4% -1.1% 12.8% 315.0K - 69.7% -4.9% $108.8M 70.8 4.5% 27.2% 2.00
2008 $1.7B $9,975 -1.6% 6.4% 8.2% 307.0K - 64.7% -8.3% $169.7M 70.7 4.5% 26.3% 2.00
2007 $1.7B $10,226 3.3% 2.3% 10.3% 299.0K - 66.4% -3.1% $140.4M 70.7 4.1% 24.6% 2.00
2006 $1.6B $9,910 4.5% 4.2% 9.4% 291.0K - 71.4% -1.6% $108.8M 70.5 3.6% 24.0% 2.00
2005 $1.5B $9,466 2.2% 3.7% 11.0% 284.0K - 72.7% -10.3% $126.9M 70.3 3.4% 17.0% 2.00
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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