What was Belize's Exports of goods and services (% of GDP) in 2024?

In 2024, Belize's Exports of goods and services (% of GDP) was 55.22, according to World Bank Open Data.

Is Belize's Exports of goods and services (% of GDP) rising or falling?

Belize's Exports of goods and services (% of GDP) rose 0.5% from 2023 to 2024.

How does Belize rank globally on Exports of goods and services (% of GDP)?

In 2024, Belize ranked #40 out of 160 countries reporting Exports of goods and services (% of GDP).

How does Belize's Exports of goods and services (% of GDP) compare to the world average?

The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Belize is above the world average. Within Latin America & Caribbean, it ranks #2 of 24.

Belize: Exports of goods and services (% of GDP)

Name: Belize: Exports of goods and services (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2024, Belize's Exports of goods and services (% of GDP) was 55.22.

That's up 0.5% from 2023, the highest value since 2014.

The global average for this indicator in 2024 was 44.26 . Belize ranks #40 globally out of 160 reporting countries. Within Latin America & Caribbean, it ranks #2 of 24.

Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024

Trend (2005–2024)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse
2022 · Russia–Ukraine war begins

Highlights

Peak: 59.33; 2012
Trough: 37.64; 2020
1-year change: +0.5%
5-year change: +6.2%; +1.2% / yr
10-year change: -0.5%; 0.0% / yr

Historical Data — Last 10 Years

Year	Exports of goods and services (% of GDP)
2024	55.2234
2023	54.9308
2022	52.5788
2021	47.5815
2020	37.6373
2019	52.0189
2018	51.7351
2017	49.8096
2016	47.3073
2015	51.5668

About Exports of goods and services (% of GDP)

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.EXP.GNFS.ZS • Category: Economy

Frequently asked questions

What was Belize's Exports of goods and services (% of GDP) in 2024?: In 2024, Belize's Exports of goods and services (% of GDP) was 55.22, according to World Bank Open Data.
Is Belize's Exports of goods and services (% of GDP) rising or falling?: Belize's Exports of goods and services (% of GDP) rose 0.5% from 2023 to 2024.
How does Belize rank globally on Exports of goods and services (% of GDP)?: In 2024, Belize ranked #40 out of 160 countries reporting Exports of goods and services (% of GDP).
How does Belize's Exports of goods and services (% of GDP) compare to the world average?: The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Belize is above the world average. Within Latin America & Caribbean, it ranks #2 of 24.
What is Exports of goods and services (% of GDP) and how is it measured?: Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

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Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.