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Government debt — all countries

Government debt — Belize

Government debt in Belize in 2031 — 60%. Ranked 118 in the world out of 184. Since 2001, the indicator has risen by 10.5 pp.

2031 60% −0.8 pp vs 2030
World rank 118of 184
Period maximum 103%2020
Period minimum 49.5%2001

Trend over time

2001–2031 · % of GDP

Government debt — Belize, 2001–2031406080100120200120042007201020132016201920222025202820312001: 49.5%2002: 53.2%2003: 67.2%2004: 70.7%2005: 72.7%2006: 71.4%2007: 66.4%2008: 64.7%2009: 69.7%2010: 68.4%2011: 66.2%2012: 63.1%2013: 62.8%2014: 61.5%2015: 65.1%2016: 70.5%2017: 78.1%2018: 79%2019: 78.6%2020: 103%2021: 82.2%2022: 66.8%2023: 67.5%2024: 65.4%2025: 67.9%2026: 63.2%2027: 62.7%2028: 62.4%2029: 61.7%2030: 60.8%2031: 60%
Change over the period: +10.5 pp Annual average: 0.35 pp

Comparison, 2031

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

Belize 60%
World computed 102.5%
Latin America & Caribbean computed 72.1%
Central America computed 60.4%
Upper-middle-income countries computed 101.6%
Government debt — Belize, by year Belize All countries CSV XLSX
Year % Change, pp
2031 60 −0.8 pp
2030 60.8 −0.9 pp
2029 61.7 −0.7 pp
2028 62.4 −0.3 pp
2027 62.7 −0.5 pp
2026 63.2 −4.7 pp
2025 67.9 +2.5 pp
2024 65.4 −2.1 pp
2023 67.5 +0.7 pp
2022 66.8 −15.4 pp
2021 82.2 −20.8 pp
2020 103 +24.4 pp
2019 78.6 −0.4 pp
2018 79 +0.9 pp
2017 78.1 +7.6 pp
2016 70.5 +5.4 pp
2015 65.1 +3.6 pp
2014 61.5 −1.3 pp
2013 62.8 −0.3 pp
2012 63.1 −3.1 pp
2011 66.2 −2.2 pp
2010 68.4 −1.3 pp
2009 69.7 +5 pp
2008 64.7 −1.7 pp
2007 66.4 −5 pp
2006 71.4 −1.3 pp
2005 72.7 +2 pp
2004 70.7 +3.5 pp
2003 67.2 +14 pp
2002 53.2 +3.7 pp
2001 49.5 —

Central America, 2031

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

GT Guatemala 29.6 NI Nicaragua 30.6 HN Honduras 34.5 PA Panama 53.9 CR Costa Rica 58.6 BZ Belize 60 MX Mexico 63.6 SV El Salvador 74.4
Full table for all countries

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

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

Other indicators for Belize

Public Finance Budget balance

The budget deficit or surplus as a percent of GDP. A negative value means spending exceeds revenue.

Belize by year Public Finance External debt

How much a country as a whole owes abroad — government, banks and companies together.

Belize by year Public Finance Government revenue

How much the state collects in a year — all revenue except foreign grants.

Belize by year Public Finance Tax revenue (% of GDP)

Taxes collected as a percent of GDP — the fiscal capacity of the state.

Belize by year
All indicators for Belize