Belize: External debt

* indicates monthly or quarterly data series
 Belize

External debt, percent of GDP

 Latest value 48.10
 Year 2024
 Measure percent
 Data availability 1990 - 2024
 Average 54.62
 Min - Max 25.73 - 81.17
 Source The World Bank
 Available for Data download
The latest value from 2024 is 48.1 percent, a decline from 49.47 percent in 2023. In comparison, the world average is 132.26 percent, based on data from 119 countries. Historically, the average for Belize from 1990 to 2024 is 54.62 percent. The minimum value, 25.73 percent, was reached in 1994 while the maximum of 81.17 percent was recorded in 2003. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Belize: External debt
 2024 48.10
 2023 49.47
 2022 51.57
 2021 59.76
 2020 74.62
 2019 57.85
 2018 59.01
 2017 59.09




Definition: The total debt of public and private borrowers held by non-residents as percent of GDP. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.

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 Related indicators Latest Reference Measure
 Terms of trade 95.40 2024 percent
 Trade openness 108.97 2024 percent
 Financial openness -1.248 2022 index points
 Exports, percent of GDP 55.22 2024 percent
 Exports, billion dollars 1.77 2024 billion U.S. dollars
 Growth of exports 5.97 2024 percent
 Imports, percent of GDP 53.75 2024 percent
 Imports, billion dollars 1.72 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 0.01 2025 percent
 Foreign Direct Investment, billion dollars 0.13 2024 billion U.S. dollars
 Portfolio investment inflows, equities 1.96 2008 million dollars (current)
 Current account, percent of GDP -2.77 2025 percent
 Current account, in dollars -0.09 2025 billion U.S. dollars
 Trade balance, percent of GDP 1.47 2024 percent
 Trade balance, in dollars -0.08 2024 billion U.S. dollars
 Reserves 0.56 2025 billion U.S. dollars
 Remittances, percent of GDP 4.81 2024 percent
 Remittances 123.83 2025 million U.S. dollars
 Net errors and omissions -31.22 2025 million USD
 External debt 48.10 2024 percent
 Short-term external debt 0.77 2023 percent
 Short-term debt to reserves 2.44 2023 percent
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