Trade openness in Belize in 2024 — 108.97%. Ranked 48 in the world out of 172. Since 1980, the indicator has risen by 30.27 pp.
1980–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Belize
| Year | % | Change, pp |
|---|---|---|
| 2024 | 108.97 | +2.57 pp |
| 2023 | 106.4 | −1.44 pp |
| 2022 | 107.84 | +8.86 pp |
| 2021 | 98.98 | +17.34 pp |
| 2020 | 81.64 | −20.8 pp |
| 2019 | 102.44 | +1.45 pp |
| 2018 | 100.99 | +3.28 pp |
| 2017 | 97.71 | +1.21 pp |
| 2016 | 96.5 | −7.57 pp |
| 2015 | 104.07 | −3.04 pp |
| 2014 | 107.11 | −1.56 pp |
| 2013 | 108.67 | −2.49 pp |
| 2012 | 111.17 | +4.25 pp |
| 2011 | 106.91 | +12.06 pp |
| 2010 | 94.86 | +5.28 pp |
| 2009 | 89.58 | −15.88 pp |
| 2008 | 105.46 | +9.51 pp |
| 2007 | 95.96 | −2.93 pp |
| 2006 | 98.88 | +5.88 pp |
| 2005 | 93 | +6.61 pp |
| 2004 | 86.39 | −7.98 pp |
| 2003 | 94.36 | +1.28 pp |
| 2002 | 93.08 | −0.08 pp |
| 2001 | 93.16 | −3.44 pp |
| 2000 | 96.6 | +3.28 pp |
| 1999 | 93.32 | +8.04 pp |
| 1998 | 85.28 | −0.17 pp |
| 1997 | 85.45 | +5.88 pp |
| 1996 | 79.57 | +2.24 pp |
| 1995 | 77.34 | −3.55 pp |
| 1994 | 80.88 | +5.13 pp |
| 1993 | 75.75 | −4.6 pp |
| 1992 | 80.35 | +1.17 pp |
| 1991 | 79.18 | −0.22 pp |
| 1990 | 79.39 | +0.98 pp |
| 1989 | 78.42 | −3.08 pp |
| 1988 | 81.49 | +4.65 pp |
| 1987 | 76.85 | +7.18 pp |
| 1986 | 69.67 | +2.6 pp |
| 1985 | 67.07 | −13.69 pp |
| 1984 | 80.76 | +11.71 pp |
| 1983 | 69.05 | −2.79 pp |
| 1982 | 71.84 | −8.17 pp |
| 1981 | 80 | +1.3 pp |
| 1980 | 78.7 | — |
The same indicator for neighboring countries — with links to their pages
The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.
Source: World Development Indicators (World Bank), license CC BY 4.0.
Merchandise exports plus imports as a percent of GDP — without services.
Trade Exports (% of GDP)How far the economy is oriented toward external markets.
Trade Imports (% of GDP)How far the economy depends on supplies from abroad.
Trade Trade balanceThe difference between exports and imports of goods and services. A minus means imports are larger.
