Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Belize

Merchandise trade (% of GDP) in Belize in 2025 — 56.37%. Ranked 89 in the world out of 189. Since 1960, the indicator has fallen by 18.44 pp.

2025 56.37% −4.1 pp vs 2024
World rank 89of 189
Period maximum 144.27%1979
Period minimum 49.74%1996

Trend over time

1960–2025 · % of GDP

Merchandise trade (% of GDP) — Belize, 1960–202505010015019601967197419811988199520022009201620231960: 74.81%1962: 97.31%1964: 96.7%1966: 89.99%1968: 93.33%1970: 97.49%1972: 104.55%1974: 105.66%1976: 118.44%1978: 136.46%1980: 101.4%1982: 88.11%1984: 76.8%1986: 69.02%1988: 70.47%1990: 62.19%1992: 59.65%1994: 53.25%1996: 49.74%1998: 50.27%2000: 63.26%2002: 64.31%2004: 58.92%2006: 67.84%2008: 75.12%2010: 67.7%2012: 77.62%2014: 72.54%2016: 62.33%2018: 61.64%2020: 52.56%2022: 66.71%2024: 60.46%2025: 56.37%
Change over the period: −18.44 pp Annual average: -0.28 pp

Comparison, 2025

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

Belize 56.37%
World 43.89%
Central America computed 69.64%
Merchandise trade (% of GDP) — Belize, by year Belize All countries CSV XLSX
Year % Change, pp
2025 56.37 −4.1 pp
2024 60.46 +0.54 pp
2023 59.92 −6.79 pp
2022 66.71 +5.65 pp
2021 61.06 +8.51 pp
2020 52.56 −6.7 pp
2019 59.26 −2.38 pp
2018 61.64 +1.05 pp
2017 60.59 −1.74 pp
2016 62.33 −7.39 pp
2015 69.72 −2.82 pp
2014 72.54 −2.98 pp
2013 75.52 −2.1 pp
2012 77.62 −0.73 pp
2011 78.35 +10.65 pp
2010 67.7 +5.49 pp
2009 62.2 −12.92 pp
2008 75.12 +10.65 pp
2007 64.47 −3.37 pp
2006 67.84 +5.98 pp
2005 61.86 +2.94 pp
2004 58.92 −6.43 pp
2003 65.35 +1.04 pp
2002 64.31 +5.78 pp
2001 58.53 −4.73 pp
2000 63.26 +6.44 pp
1999 56.82 +6.55 pp
1998 50.27 −2.66 pp
1997 52.93 +3.18 pp
1996 49.74 −1.44 pp
1995 51.19 −2.06 pp
1994 53.25 −0.46 pp
1993 53.71 −5.94 pp
1992 59.65 −3.37 pp
1991 63.02 +0.83 pp
1990 62.19 −7.25 pp
1989 69.44 −1.04 pp
1988 70.47 +4.18 pp
1987 66.29 −2.73 pp
1986 69.02 −6.86 pp
1985 75.88 −0.92 pp
1984 76.8 +4.33 pp
1983 72.48 −15.63 pp
1982 88.11 −19.66 pp
1981 107.77 +6.37 pp
1980 101.4 −42.87 pp
1979 144.27 +7.81 pp
1978 136.46 +7.27 pp
1977 129.2 +10.76 pp
1976 118.44 −12.7 pp
1975 131.14 +25.48 pp
1974 105.66 +8.49 pp
1973 97.17 −7.38 pp
1972 104.55 +11.45 pp
1971 93.1 −4.39 pp
1970 97.49 −1.67 pp
1969 99.16 +5.82 pp
1968 93.33 +9 pp
1967 84.33 −5.66 pp
1966 89.99 +0.24 pp
1965 89.75 −6.95 pp
1964 96.7 +1.89 pp
1963 94.81 −2.49 pp
1962 97.31 +13.88 pp
1961 83.43 +8.62 pp
1960 74.81

Central America, 2025

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

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.