Belize's exports of goods and services (constant LCU) was 3.05 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 28.6% from 2.37 billion in 2014 (2.55% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 3.05 billion | 2024 |
| Five years earlier | 2.39 billion | 2019 |
| Ten years earlier | 2.37 billion | 2014 |
| Highest | 3.05 billion | 2024 |
| Lowest | 255.15 million | 1980 |
| Average since 2015 | 2.36 billion | 2015–2024 |
| First recorded | 255.15 million |
What the numbers say
In 2024, Belize's exports of goods and services (constant LCU) rose 6% on 2023 (from 2.88 billion to 3.05 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +5.5% and a typical year strayed about 11.5% from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 49.4% in 1981 and the biggest yearly fall was 29.6% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 84.34 million a year. A straight line explains 41% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Belize had the 24th highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Belize in the 2024 ranking
- Bahamas, The — 21st of 29: 4.94 billion
- Solomon Islands — 22nd of 29: 4.15 billion
- Bermuda — 23rd of 29: 4.01 billion
- Tonga — 25th of 29: 208.87 million
- Timor-Leste — 26th of 29: 100.05 million
- Marshall Islands — 27th of 29: 90.49 million
What this measures
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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 45 values
| Year | Exports of goods and services (constant LCU) |
|---|---|
| 2024 | 3,051,824,400 |
| 2023 | 2,879,773,700 |
| 2022 | 2,582,248,900 |
| 2021 | 2,289,292,500 |
| 2020 | 1,684,638,300 |
| 2019 | 2,392,232,900 |
| 2018 | 2,271,751,400 |
| 2017 | 2,072,741,500 |
| 2016 | 2,108,393,000 |
| 2015 | 2,315,915,300 |
Exports of goods and services (constant LCU) in nearby economies
- Argentina — 176.19 billion (2025)
- Bahamas, The — 4.94 billion (2024)
- Bolivia — 58.45 billion (2024)
- Brazil — 656.06 billion (2025)
- Chile — 58.26 trillion (2025)
- Colombia — 140.93 trillion (2025)
- Costa Rica — 23.69 trillion (2025)
- Cuba — 6.88 billion (2024)
- Dominican Republic — 1.24 trillion (2025)
- Ecuador — 32.57 billion (2025)
More economic policy & debt data for Belize
- GDP (current US$) — US$3.33 billion (2025)
- GDP (current LCU) — 6.65 billion (2025)
- GDP (constant 2015 US$) — US$2.7 billion (2025)
- GDP (constant LCU) — 5.4 billion (2025)
- GDP per capita (current US$) — US$7,865 (2025)
- GDP per capita (current LCU) — 15,731 (2025)
- GDP per capita (constant 2015 US$) — US$6,374 (2025)
- GDP per capita (constant LCU) — 12,772 (2025)
- GNI (current US$) — US$3.16 billion (2025)
- GNI (current LCU) — 6.32 billion (2025)
- GNI per capita (current LCU) — 14,953 (2025)
Reading data like this
Questions people ask
- What is Belize's exports of goods and services (constant LCU)?
- 3.05 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is up 1,096% from 255.15 million in 1980 (5.8% a year on average, compounded). The highest value was 3.05 billion in 2024 and the lowest 255.15 million in 1980.
- How does Belize rank?
- 24th highest of 29 economies with data for 2024.
- Is the latest change in exports of goods and services (constant LCU) unusual for Belize?
- In 2024, Belize's exports of goods and services (constant LCU) rose 6% on 2023 (from 2.88 billion to 3.05 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +5.5% and a typical year strayed about 11.5% from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.EXP.GNFS.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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