Belize's PPG, commercial banks (NFL, current US$) was −US$714,000 in 2024, the latest year in the World Bank's World Development Indicators. That is down 34.97% from −US$529,000 in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$714,000 | 2024 |
| Five years earlier | −US$2 million | 2019 |
| Ten years earlier | −US$529,000 | 2014 |
| Highest | US$495.37 million | 2007 |
| Lowest | −US$111.44 million | 2004 |
| Average since 2015 | US$42.88 million | 2015–2024 |
| First recorded | US$2 million |
What the numbers say
In 2024, Belize's PPG, commercial banks (NFL, current US$) fell US$714,000 on 2023 (from US$0 to −US$714,000).
Across the 30 yearly changes before that (1992 to 2023), the average change was −US$926,533 and a typical year strayed about US$171.03 million 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 US$507.62 million in 2007 and the biggest yearly fall was US$494.29 million in 2008. 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 there is no clear straight-line trend: a straight line explains 1% of the movement over 9 observed years, so the value is moving around more than it is heading anywhere.
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 38th highest value of the 87 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.
| Value | Year | |
|---|---|---|
| Belize | −US$714,000 | 2024 |
| Upper middle income | US$30.53 billion | 2024 |
Closest to Belize in the 2024 ranking
What this measures
Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 43 values
| Year | PPG, commercial banks (NFL, current US$) |
|---|---|
| 2024 | -714,000 |
| 2023 | 0 |
| 2022 | 0 |
| 2021 | 363,286,000 |
| 2020 | -1,429,000 |
| 2019 | -2,000,000 |
| 2018 | 2,000,000 |
| 2017 | 25,000,000 |
| 2016 | no data |
| 2015 | -265,000 |
| 2014 |
PPG, commercial banks (NFL, current US$) in nearby economies
- Argentina — −US$77.38 million (2024)
- Bolivia — −US$9.25 million (2024)
- Brazil — −US$1.77 billion (2024)
- Colombia — −US$858.59 million (2024)
- Dominica — −US$1.31 million (2024)
- Dominican Republic — −US$38.42 million (2024)
- Ecuador — US$944.87 million (2024)
- El Salvador — US$988.56 million (2024)
- Grenada — US$698,000 (2024)
- Guatemala — −US$1.71 million (2024)
More economic policy & debt data for Belize
- GDP (current US$) — 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$3.16 billion (2025)
- GNI (current LCU) — 6.32 billion (2025)
- GNI per capita (current LCU) — 14,953 (2025)
Reading data like this
Questions people ask
- What is Belize's PPG, commercial banks (NFL, current US$)?
- −US$714,000 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1981?
- It is down 135.7% from US$2 million in 1981. The highest value was US$495.37 million in 2007 and the lowest −US$111.44 million in 2004.
- How does Belize rank?
- 38th highest of 87 economies with data for 2024.
- Is the latest change in PPG, commercial banks (NFL, current US$) unusual for Belize?
- In 2024, Belize's PPG, commercial banks (NFL, current US$) fell US$714,000 on 2023 (from US$0 to −US$714,000). Across the 30 yearly changes before that (1992 to 2023), the average change was −US$926,533 and a typical year strayed about US$171.03 million 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 DT.NFL.PCBK.CD, licensed CC BY 4.0. Original source: International Debt Statistics, 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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