Budget balance — all countries

Budget balance — Belize

Budget balance in Belize in 2031 — -1.1%. Ranked 52 in the world out of 188. Since 1996, the indicator has risen by 0.7 pp.

2031 -1.1% +0 pp vs 2030
World rank 52of 188
Period maximum 1.3%2008
Period minimum -8.6%2020

Trend over time

1996–2031 · % of GDP

Budget balance — Belize, 1996–2031-10-7.5-5-2.502.519962000200420082012201620202024202820311996: -1.8%1997: -1.8%1998: -2.7%1999: -6.5%2000: -6.7%2001: -7.2%2002: -5.4%2003: -8.4%2004: -4.5%2005: -3.7%2006: -2.3%2007: -0.2%2008: 1.3%2009: -2.5%2010: -1.9%2011: -1.1%2012: -0.2%2013: -1.2%2014: -1.7%2015: -5.1%2016: -4.5%2017: -3.5%2018: -1.4%2019: -2.9%2020: -8.6%2021: -3.3%2022: -1%2023: -2.4%2024: -1.5%2025: -1%2026: -1.5%2027: -1.8%2028: -1.6%2029: -1.3%2030: -1.1%2031: -1.1%
Change over the period: +0.7 pp Annual average: 0.02 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Belize

Belize -1.1%
World computed -4.85%
Latin America & Caribbean computed -3.31%
Central America computed -2.75%
Budget balance — Belize, by year Belize All countries CSV XLSX
Year % Change, pp
2031 -1.1 +0 pp
2030 -1.1 +0.2 pp
2029 -1.3 +0.3 pp
2028 -1.6 +0.2 pp
2027 -1.8 −0.3 pp
2026 -1.5 −0.5 pp
2025 -1 +0.5 pp
2024 -1.5 +0.9 pp
2023 -2.4 −1.4 pp
2022 -1 +2.3 pp
2021 -3.3 +5.3 pp
2020 -8.6 −5.7 pp
2019 -2.9 −1.5 pp
2018 -1.4 +2.1 pp
2017 -3.5 +1 pp
2016 -4.5 +0.6 pp
2015 -5.1 −3.4 pp
2014 -1.7 −0.5 pp
2013 -1.2 −1 pp
2012 -0.2 +0.9 pp
2011 -1.1 +0.8 pp
2010 -1.9 +0.6 pp
2009 -2.5 −3.8 pp
2008 1.3 +1.5 pp
2007 -0.2 +2.1 pp
2006 -2.3 +1.4 pp
2005 -3.7 +0.8 pp
2004 -4.5 +3.9 pp
2003 -8.4 −3 pp
2002 -5.4 +1.8 pp
2001 -7.2 −0.5 pp
2000 -6.7 −0.2 pp
1999 -6.5 −3.8 pp
1998 -2.7 −0.9 pp
1997 -1.8 +0 pp
1996 -1.8

Central America, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.