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Beach on caye in Belize.

Photo: Josh Steinitz · CC BY 2.0 · via Wikimedia Commons, shown in greyscale

01The evidence

The 4 key statistics that decide it

Only these place Belize on economy & innovation — one vote each. Every value is the publisher’s own, read at the edition the Country Index 2026 used — or, for a survey-based key, each country’s latest reading; the grey ticks are every other country it was compared with, lowest on the left.

Why these keys
  1. Key 1 of 4

    GDP per Capita (PPP)

    World Bank Group

    Why it is a key

    2025 edition · data for 2025 · CC BY 4.0

    12,789

    GDP per capita (constant 2021 international $, PPP)

    Higher is better

    Belize: 12,789. Across the 185 countries in this edition, values run from 1,067 (Burundi) to 139,593 (Singapore); the world median is 17,265.

    World median
    17,265
    Best in Central America
    37,516 Panama
    Land neighbours
    Guatemala 12,987 · Mexico 21,912
  2. Key 2 of 4

    Firms with a Bank Loan or Line of Credit

    World Bank Group

    Why it is a key

    Latest reading per country, 2016–2025 · Belize’s is from 2025 · CC BY 4.0

    49.98

    Firms with a bank loan or line of credit (%)

    Higher is better

    Belize: 49.98. Across the 179 countries at their latest reading, values run from 2.113 (Pakistan) to 88.52 (Israel); the world median is 35.95.

    World median
    35.95
    Best in Central America
    68.26 Guatemala
    Land neighbours
    Guatemala 68.26 · Mexico 53.44
  3. Key 3 of 4

    Economic Complexity Index

    Growth Lab at Harvard University

    Why it is a key

    2024 edition · data for 2024 · CC0 1.0

    No reading

    ECI score (standardised, roughly −3 to +3)

    Higher is better

    Growth Lab at Harvard University publishes no 2024 figure for Belize, so the standing rests on the other keys.

    Across the 145 countries in this edition, values run from -3.53 (Chad) to 1.729 (Japan); the world median is 0.131.

    World median
    0.131
    Best in Central America
    0.942 Mexico
    Land neighbours
    Guatemala 0.055 · Mexico 0.942
  4. Key 4 of 4

    Account Ownership at a Financial Institution

    World Bank Group

    Why it is a key

    2024 edition · data for 2024 · CC BY 4.0

    67.97

    Adults with an account (% of population aged 15+)

    Higher is better

    Belize: 67.97. Across the 139 countries in this edition, values run from 14.83 (Niger) to 99.85 (Iceland); the world median is 72.83.

    World median
    72.83
    Best in Central America
    71.35 Costa Rica
    Land neighbours
    Guatemala 38.28 · Mexico 53.03

03In context

Belize beside its neighbours

A position reads best beside the countries around it. Every position below is a place among all 176 countries on economy & innovation, never a place within the region.

Central America
1st176thNot placed · 48 countries with too few key statisticsNo data

The whole world on economy & innovation

Belize and the countries it borders

Standing among all 176; the key columns are the publishers’ own values.

CountryStandingGDP per Capita (PPP)GDP per capita (constant 2021 international $, PPP)Firms with a Bank Loan or Line of CreditFirms with a bank loan or line of credit (%)Economic Complexity IndexECI score (standardised, roughly −3 to +3)Account Ownership at a Financial InstitutionAdults with an account (% of population aged 15+)
Mexico59th21,91253.440.94253.03
Belize76th12,78949.98—67.97
Guatemala95th12,98768.260.05538.28

“—”: no published reading in that edition. What a standing is

Across Central America

Every country in the sub-region, by its place among all 176.

Placed either side on economy & innovation

The countries immediately above and below Belize in the topic’s list.

04Context, no vote

Where Belize is ahead of the world, and behind

39 more statistics filed under economy & innovation, published in full and deliberately given no vote in the standing. Select a row for the publisher, the rank and the links.

Every country

Ahead of the world median6

Statistics on which Belize does better than the middle country measured.

  • Debt Service on External DebtWorld Bank Group · 2024 · world median 12.937.671▲ Improved since 2014

    Belize: 7.671 · world median 12.93 · Total debt service (% of exports of goods, services and primary income). World Bank Group, 2024 edition, data for 2024.

    Published values in that edition run from 0.285 to 96.2; lower is better.

    Position 88th of 109 · derived, 1st = worst.

    Chart and every countryThe 2024 dataset

  • Management Practices IndexWorld Bank Group · 2026 · world median 52.3959.85No earlier reading

    Belize: 59.85 · world median 52.39 · Management practices index, medium and large firms (0–100). World Bank Group, 2026 edition, data for 2026.

    Published values in that edition run from 28.07 to 69.29; higher is better.

    Position 38th of 169 · derived.

    Chart and every countryThe 2026 dataset

  • Livestock Production IndexFAO · 2022 · world median 107.06117.39▲ Improved since 2012

    Belize: 117.39 · world median 107.06 · Livestock production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.

    Published values in that edition run from 35.52 to 190.08; higher is better.

    Position 62nd of 194 · derived.

    Chart and every countryThe 2022 dataset

  • Adjusted Net SavingsWorld Bank Group · 2021 · world median 8.38911.99No real change since 2011

    Belize: 11.99 · world median 8.389 · Adjusted net savings, including particulate emission damage (% of GNI). World Bank Group, 2021 edition, data for 2021.

    Published values in that edition run from -81.62 to 32.18; higher is better.

    Position 44th of 118 · derived.

    Chart and every countryThe 2021 dataset

  • ICT Services ExportsUNCTAD · 2024 · world median 7.47410▲ Improved since 2014

    Belize: 10 · world median 7.474 · ICT services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.

    Published values in that edition run from 0 to 56.25; higher is better.

    Position 47th of 118 · derived.

    Chart and every countryThe 2024 dataset

  • Water-Use EfficiencyFAO · 2023 · world median 16.120.67No real change since 2013

    Belize: 20.67 · world median 16.1 · Value added per cubic metre of freshwater withdrawn (constant US$ per m³). Food and Agriculture Organization of the United Nations (FAO), 2023 edition, data for 2023.

    Published values in that edition run from 0.38 to 1,378; higher is better.

    Chart and every countryThe 2023 dataset

Behind the world median17

Statistics on which Belize does worse than the middle country measured.

  • Productive Capacities IndexUNCTAD · 2022 · world median 46.6746.17No real change since 2012

    Belize: 46.17 · world median 46.67 · Productive Capacities Index (1–100). UN Trade and Development (UNCTAD), 2022 edition, data for 2022.

    Published values in that edition run from 17.8 to 71.02; higher is better.

    Position 105th of 195 · derived.

    Chart and every countryThe 2022 dataset

  • External Debt Stocks (% of GNI)World Bank Group · 2024 · world median 43.9446.04▲ Improved since 2014

    Belize: 46.04 · world median 43.94 · External debt stocks (% of GNI). World Bank Group, 2024 edition, data for 2024.

    Published values in that edition run from 2.213 to 350.57; lower is better.

    Position 50th of 110 · derived, 1st = worst.

    Chart and every countryThe 2024 dataset

  • Digitally-Deliverable Services ExportsUNCTAD · 2024 · world median 25.4219.41▲ Improved since 2014

    Belize: 19.41 · world median 25.42 · Digitally-deliverable services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.

    Published values in that edition run from 0.377 to 87.15; higher is better.

    Position 100th of 170 · derived.

    Chart and every countryThe 2024 dataset

  • Comprehensive Wealth per CapitaWorld Bank Group · 2020 · world median 46,48632,815▼ Worsened since 2010

    Belize: 32,815 · world median 46,486 · National comprehensive wealth per person (real chained 2019 US$). World Bank Group, 2020 edition, data for 2020.

    Published values in that edition run from 4,276 to 1,246,092; higher is better.

    Position 90th of 150 · derived.

    Chart and every countryThe 2020 dataset

  • GDP GrowthWorld Bank Group · 2025 · world median 3.3962.748▼ Worsened since 2015

    Belize: 2.748 · world median 3.396 · GDP growth (annual %). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from -5.847 to 19.34; higher is better.

    Position 113th of 186 · derived.

    Chart and every countryThe 2025 dataset

  • Food Production IndexFAO · 2022 · world median 106.08102.28▼ Worsened since 2012

    Belize: 102.28 · world median 106.08 · Food production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.

    Published values in that edition run from 71.08 to 177.49; higher is better.

    Position 122nd of 195 · derived.

    Chart and every countryThe 2022 dataset

  • Actual Individual Consumption per Capita (PPP)World Bank Group · 2021 · world median 12,8008,195▲ Improved since 2017

    Belize: 8,195 · world median 12,800 · Actual individual consumption per capita (PPP, current international $). World Bank Group, 2021 edition, data for 2021.

    Published values in that edition run from 688.7 to 52,654; higher is better.

    Position 109th of 173 · derived.

    Chart and every countryThe 2021 dataset

  • Interest Payments on External DebtWorld Bank Group · 2024 · world median 1.4511.905▲ Improved since 2014

    Belize: 1.905 · world median 1.451 · Interest payments on external debt (% of GNI). World Bank Group, 2024 edition, data for 2024.

    Published values in that edition run from 0.069 to 17.92; lower is better.

    Position 40th of 112 · derived, 1st = worst.

    Chart and every countryThe 2024 dataset

  • Frontier Technology Readiness IndexUNCTAD · 2023 · world median 0.4850.367No real change since 2013

    Belize: 0.367 · world median 0.485 · Frontier Technology Readiness Index (0–1). UN Trade and Development (UNCTAD), 2023 edition, data for 2023.

    Published values in that edition run from 0 to 1; higher is better.

    Position 114th of 170 · derived.

    Chart and every countryThe 2023 dataset

  • Regulatory QualityWorld Bank Group · 2025 · world median -0.093-0.547▼ Worsened since 2015

    Belize: -0.547 · world median -0.093 · Regulatory Quality (−2.5 to 2.5). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from -2.106 to 2.113; higher is better.

    Position 142nd of 209 · derived.

    Chart and every countryThe 2025 dataset

  • Firms Competing Against Informal FirmsWorld Bank Group · 2026 · world median 41.8154.04No earlier reading

    Belize: 54.04 · world median 41.81 · Firms competing against unregistered or informal firms (%). World Bank Group, 2026 edition, data for 2026.

    Published values in that edition run from 1.926 to 90.5; lower is better.

    Position 56th of 181 · derived, 1st = worst.

    Chart and every countryThe 2026 dataset

  • Crop Production IndexFAO · 2022 · world median 106.2398.44▼ Worsened since 2012

    Belize: 98.44 · world median 106.23 · Crop production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.

    Published values in that edition run from 53.79 to 189.93; higher is better.

    Position 137th of 195 · derived.

    Chart and every countryThe 2022 dataset

  • ICT Goods ExportsUNCTAD · 2024 · world median 0.9750.18▲ Improved since 2014

    Belize: 0.18 · world median 0.975 · ICT goods exports (% of total goods exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.

    Published values in that edition run from 0 to 61.45; higher is better.

    Position 89th of 119 · derived.

    Chart and every countryThe 2024 dataset

  • Government AI Readiness IndexOxford Insights · 2025 · world median 40.1922.68▼ Worsened since 2020

    Belize: 22.68 · world median 40.19 · AI readiness score (0–100). Oxford Insights, 2025 edition, data for 2025.

    Published values in that edition run from 12.12 to 88.36; higher is better.

    Ranked 158th of 195 by Oxford Insights.

    Chart and every countryThe 2025 dataset

  • Liner Shipping Connectivity IndexUNCTAD · 2026 · world median 56.2117.36▼ Worsened since 2016

    Belize: 17.36 · world median 56.21 · LSCI (index, average Q1 2023 = 100). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.

    Published values in that edition run from 4.13 to 1,319; higher is better.

    Ranked 146th of 175 by UNCTAD.

    Chart and every countryThe 2026 dataset

  • Informal Output (DGE Model Estimate)World Bank Group (Prospects Group) · 2020 · world median 27.540.4▼ Worsened since 2010

    Belize: 40.4 · world median 27.5 · Informal output, model estimate (% of official GDP). World Bank Group (Prospects Group), 2020 edition, data for 2020.

    Published values in that edition run from 7.91 to 60.43; lower is better.

    Chart and every countryThe 2020 dataset

  • Firms with an International Quality CertificationWorld Bank Group · 2026 · world median 10.40No earlier reading

    Belize: 0 · world median 10.4 · Firms with an internationally recognised quality certification (%). World Bank Group, 2026 edition, data for 2026.

    Published values in that edition run from 0 to 45.77; higher is better.

    Chart and every countryThe 2026 dataset

No better end16

These describe the shape of a country — more is not better or worse, only different — so they are never ahead or behind.

  • Tariff Rate, Applied, Weighted Mean, All ProductsWorld Bank Group · 2022 · world median 3.6618.05Moved since 2012

    Belize: 18.05 · world median 3.66 · Applied tariff rate, trade-weighted mean (%). World Bank Group, 2022 edition, data for 2022.

    Published values in that edition run from 0 to 29.52.

    Chart and every countryThe 2022 dataset

  • Services ExportsUNCTAD · 2025 · world median 9.60236.94Moved since 2015

    Belize: 36.94 · world median 9.602 · Services exports (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.

    Published values in that edition run from 0.085 to 166.21.

    Chart and every countryThe 2025 dataset

  • Commodity Export DependenceUNCTAD · 2024 · world median 67.1789.29Moved since 2014

    Belize: 89.29 · world median 67.17 · Commodity exports (% of merchandise exports, three-year average). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.

    Published values in that edition run from 4.605 to 99.77.

    Chart and every countryThe 2024 dataset

  • Statutory Minimum WageILO · 2024 · world median 657.95940.26Moved since 2014

    Belize: 940.26 · world median 657.95 · Statutory minimum wage per month (2021 PPP $). International Labour Organization (ILO), 2024 edition, data for 2024.

    Published values in that edition run from 4.038 to 3,804.

    Chart and every countryThe 2024 dataset

  • Price Level of Household ConsumptionGGDC · 2023 · world median 0.5230.614Moved since 2013

    Belize: 0.614 · world median 0.523 · Price level of household consumption (US output price level in 2021 = 1). Groningen Growth and Development Centre (GGDC), 2023 edition, data for 2023.

    Published values in that edition run from 0.177 to 65.54.

    Chart and every countryThe 2023 dataset

  • Tax Revenue (% of GDP)OECD · 2024 · world median 21.8524.51Moved since 2014

    Belize: 24.51 · world median 21.85 · Total tax revenue, all levels of government (% of GDP). OECD, 2024 edition, data for 2024.

    Published values in that edition run from 3.11 to 45.18.

    Chart and every countryThe 2024 dataset

  • Export Concentration IndexUNCTAD · 2025 · world median 0.3060.327Moved since 2015

    Belize: 0.327 · world median 0.306 · Export concentration index (0–1, normalised Herfindahl–Hirschman). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.

    Published values in that edition run from 0.059 to 0.933.

    Chart and every countryThe 2025 dataset

  • Gross Savings (% of GDP)World Bank Group · 2024 · world median 22.0620.33Moved since 2014

    Belize: 20.33 · world median 22.06 · Gross savings (% of GDP). World Bank Group, 2024 edition, data for 2024.

    Published values in that edition run from -21.13 to 47.82.

    Position 83rd of 146 · derived, counted from the highest value.

    Chart and every countryThe 2024 dataset

  • Creative Goods ExportsUNCTAD · 2024 · world median 1.2350.573Moved since 2014

    Belize: 0.573 · world median 1.235 · Creative goods exports (% of merchandise exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.

    Published values in that edition run from 0 to 37.23.

    Chart and every countryThe 2024 dataset

  • Merchant Fleet by Country of OwnershipUNCTAD · 2026 · world median 275.7365.65Moved since 2016

    Belize: 65.65 · world median 275.73 · Merchant fleet owned (thousand dead-weight tons). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.

    Published values in that edition run from 0 to 397,071.

    Chart and every countryThe 2026 dataset

  • Total Natural Resources Rents (% of GDP)World Bank Group · 2021 · world median 1.7080.523Moved since 2011

    Belize: 0.523 · world median 1.708 · Natural resources rents (% of GDP). World Bank Group, 2021 edition, data for 2021.

    Published values in that edition run from 0 to 61.03.

    Position 126th of 180 · derived, counted from the highest value.

    Chart and every countryThe 2021 dataset

  • Foreign Direct Investment InflowsUNCTAD · 2025 · world median 1.9681.219Moved since 2015

    Belize: 1.219 · world median 1.968 · FDI inflows (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.

    Published values in that edition run from -32.97 to 2,221.

    Chart and every countryThe 2025 dataset

  • Inflation, GDP DeflatorWorld Bank Group · 2025 · world median 3.3061.058No real change since 2015

    Belize: 1.058 · world median 3.306 · Annual change in the GDP implicit deflator (%). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from -7.93 to 227.09.

    Chart and every countryThe 2025 dataset

  • Terms of Trade IndexUNCTAD · 2025 · world median 103.2386.59Moved since 2015

    Belize: 86.59 · world median 103.23 · Terms of trade index (2015 = 100). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.

    Published values in that edition run from 38.2 to 1,448.

    Chart and every countryThe 2025 dataset

  • Scholarly ArticlesOurResearch · 2025 · world median 2,24031No real change since 2022

    Belize: 31 · world median 2,240 · Articles with at least one author at an institution in the country (full counting). OpenAlex (OurResearch), 2025 edition, data for 2025.

    Published values in that edition run from 1 to 1,094,890.

    Chart and every countryThe 2025 dataset

  • Statutory Corporate Income Tax RateOECD · 2026 · world median 240No real change since 2016

    Belize: 0 · world median 24 · Combined statutory corporate income tax rate, central and sub-central government (%). OECD, 2026 edition, data for 2026.

    Published values in that edition run from 0 to 36.13.

    Chart and every countryThe 2026 dataset

“Position · derived” is this site’s ordering of the published values, 1st = best unless the row says otherwise; the publisher ranks no country on it. Rank, position and standing

06The top of the list

Who leads on economy & innovation

The three countries placed highest of 176, and the leaders Belize can most readily be measured against.

All 176 countries
  1. 1

    Austria

    Western Europe

    1st of 176 · 4 of 4 keys

    Photo: chensiyuan · CC BY-SA 4.0, greyscale

  2. 2

    Japan

    Eastern Asia

    2nd of 176 · 4 of 4 keys

    Photo: JurriaanH · CC BY-SA 3.0, greyscale

  3. 3

    Germany

    Western Europe

    3rd of 176 · 4 of 4 keys

    Photo: dronepicr · CC BY 2.0, greyscale

Placed highest nearby

  1. Highest in Americas

    Canada18th4/4 keys
  2. Highest in Central America

    Costa Rica=57th4/4 keys
  3. This page

    Belize76th3/4 keys

Positions out of 176 placed on the topic. A country needs readings on enough keys to be placed, and the top of the list is often held on fewer of them.

08Questions

Belize on economy & innovation: questions answered

Every answer is built from the numbers on this page, so none can say something the page does not.

How does Belize rank on economy & innovation?

Belize is placed 76th of 176 countries on Economy & Innovation in the Country Index 2026, from 3 of its 4 key statistics (GDP per Capita (PPP), Firms with a Bank Loan or Line of Credit and Account Ownership at a Financial Institution). The position is this site’s ordering of published statistics, not a rank any publisher printed.

What is the latest GDP per Capita (PPP) figure for Belize?

12,789 in 2025 (gDP per capita (constant 2021 international $, PPP)), according to World Bank Group. The world median in the same edition was 17,265.

What is the latest Firms with a Bank Loan or Line of Credit figure for Belize?

49.98 in 2025 (firms with a bank loan or line of credit (%)), according to World Bank Group. The world median in the same edition was 35.95.

How does Belize compare with Mexico on economy & innovation?

Mexico is placed 59th of 176, and Belize 76th. GDP per Capita (PPP): Mexico 21,912, Belize 12,789; Firms with a Bank Loan or Line of Credit: Mexico 53.44, Belize 49.98; Account Ownership at a Financial Institution: Mexico 53.03, Belize 67.97.

How have Belize’s economy & innovation figures changed?

GDP per Capita (PPP) rose from 11,364 in 2000 to 12,789 in 2025.

Which economy & innovation statistics are missing for Belize?

No current reading is published for Belize on Agriculture, Forestry and Fishing Value Added (% of GDP), Average Monthly Earnings of Employees, Business Ready: Operational Efficiency, Business Ready: Public Services, Business Ready: Regulatory Framework, Complexity Outlook Index, Container Port Traffic, Creative Services Exports, Economic Complexity Index, Exports of Goods and Services (% of GDP), Foreign Value Added Share of Gross Exports, General Government Consumption, Gini Index, Gini Index of Disposable Income (SWIID), Global Innovation Index, GNI per Capita (PPP), Gross Capital Formation (% of GDP), Historical GDP per Capita (Maddison), Household Consumption, Imports of Goods and Services (% of GDP), Income Share Held by Lowest 20%, Income Share Held by Richest 10%, Industry Value Added including Construction (% of GDP), Logistics Performance Index, Manufacturing Value Added (% of GDP), New Business Density, Palma Ratio, Research and Development Spending, Researchers per Million Inhabitants, Total Factor Productivity Level, Trade (% of GDP) and World Energy Trilemma Index. They are listed rather than hidden, so the evidence on the page can be checked against it.

09Method

Method, sources and how to cite

What this topic does not measure

The total size of an economy is deliberately left out: a very large economy spread over a very large population is not doing more for each person. Growth rates, trade shares and the structure of output (how much is farming, industry or services) are published here as context, because they describe an economy's shape rather than how well it serves people. Jobs and wages have their own topic, Work & Labour.

About economy & innovation, in full

How the Economy & Innovation standing is decided

A standing is this site’s ordering, named with its edition — never a publisher’s rank. 4 key statistics vote, one vote each; every country’s published value becomes a place within that key’s own field, the places are averaged, and the average is never published. A country needs 2 of the 4 keys to be placed.

The economy & innovation method, step by stepHow every standing on this site is built

The key statistics and their licences

The other 39 statistics on this page come from 9 publishers, each named beside its numbers, with every edition and licence on the datasets pages.

The standing itself is part of the Country Index 2026, published under CC BY-SA 4.0.

Photographs

Belize’s banner and the countries placed highest, from their profiles: Wikimedia Commons, shown in greyscale, each used under the licence named.

Cite this page

Nations Inquiry (2026). Belize: Economy & Innovation — standing and statistics, Country Index 2026. https://nationsinquiry.com/countries/belize/economy

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