Real GDP Growth: Belize
Belize's real gdp growth is currently 2.4% as of 2026. # Belize Real GDP Growth Belize's real GDP growth stands at 2.
Current (2026)
2.4%
+60.0% y/y
Peak (1987)
22.0%
Low (2020)
-13.5%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Real GDP Growth — Belize
1980 — 2026
Real GDP Growth — Belize
Analysis# Belize Real GDP Growth
Belize's real GDP growth stands at 2.4% in 2026, reflecting modest economic expansion following years of volatility. The country's economy peaked at 22% growth in 1987 but has contracted significantly overall, declining 52 percentage points since 1980. The all-time low of -13.5% in 2020 marked the pandemic's severe impact on this Central American nation.
The past decade reveals sharp swings between contraction and recovery. After stagnating in 2017–2019, Belize experienced a dramatic 18% rebound in 2021 before moderating to 9.3% in 2022. Growth has since stabilized at lower levels, ranging from 0.5% to 3.5% between 2023 and 2025. The 2026 projection suggests Belize's economy is settling into a sustainable growth trajectory, though well below its historical peak performance.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 2.0% | +0.00% |
| 2029 | 2.0% | -4.76% |
| 2028 | 2.1% | -4.55% |
| 2027 | 2.2% | -8.33% |
| 2026 | 2.4% | +60.00% |
| 2025 | 1.5% | -57.14% |
| 2024 | 3.5% | +600.00% |
| 2023 | 0.5% | -94.62% |
| 2022 | 9.3% | -48.33% |
| 2021 | 18.0% | +233.33% |
| 2020 | -13.5% | -413.95% |
| 2019 | 4.3% | +437.50% |
| 2018 | 0.8% | +144.44% |
| 2017 | -1.8% | — |
| 2016 | 0.0% | -100.00% |
| 2015 | 2.8% | -28.21% |
| 2014 | 3.9% | -4.88% |
| 2013 | 4.1% | +5.13% |
| 2012 | 3.9% | +4000.00% |
| 2011 | -0.1% | -107.14% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 1.4% | +450.00% |
| 2009 | -0.4% | +75.00% |
| 2008 | -1.6% | -148.48% |
| 2007 | 3.3% | -26.67% |
| 2006 | 4.5% | +104.55% |
| 2005 | 2.2% | -54.17% |
| 2004 | 4.8% | -50.52% |
| 2003 | 9.7% | +79.63% |
| 2002 | 5.4% | +8.00% |
| 2001 | 5.0% | -59.02% |
| 2000 | 12.2% | +29.79% |
| 1999 | 9.4% | +141.03% |
| 1998 | 3.9% | -7.14% |
| 1997 | 4.2% | +281.82% |
| 1996 | 1.1% | +57.14% |
| 1995 | 0.7% | — |
| 1994 | 0.0% | -100.00% |
| 1993 | 6.1% | -51.97% |
| 1992 | 12.7% | +7.63% |
| 1991 | 11.8% | +5.36% |
| 1990 | 11.2% | -27.74% |
| 1989 | 15.5% | +42.20% |
| 1988 | 10.9% | -50.45% |
| 1987 | 22.0% | +201.37% |
| 1986 | 7.3% | +621.43% |
| 1985 | -1.4% | -112.39% |
| 1984 | 11.3% | +85.25% |
| 1983 | 6.1% | +180.26% |
| 1982 | -7.6% | -3900.00% |
| 1981 | 0.2% | -96.00% |
| 1980 | 5.0% | — |
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