Belize - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Belize was ($219,248,800) as of 2020. Over the past 40 years, the value for this indicator has fluctuated between $194,000,000 in 1991 and ($219,248,800) in 2020.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 ($24,626,080)
1981 ($38,664,480)
1982 ($36,654,970)
1983 ($27,981,630)
1984 ($17,199,270)
1985 ($25,396,380)
1986 ($8,304,600)
1987 ($9,305,608)
1988 ($21,295,470)
1989 ($39,271,150)
1990 ($9,503,835)
1991 $194,000,000
1992 ($16,582,650)
1993 ($19,559,750)
1994 ($15,139,050)
1995 ($7,131,600)
1996 ($1,683,350)
1997 ($19,157,450)
1998 ($29,945,200)
1999 ($95,494,950)
2000 ($172,245,700)
2001 ($158,947,200)
2002 ($126,524,200)
2003 ($126,284,200)
2004 ($84,128,650)
2005 ($89,523,350)
2006 ($6,305,650)
2007 ($1,597,350)
2008 ($99,659,350)
2009 ($61,489,350)
2010 $5,616,850
2011 ($24,974,300)
2012 $9,887,050
2013 ($19,470,450)
2014 ($49,111,900)
2015 ($128,352,000)
2016 ($159,922,800)
2017 ($63,519,250)
2018 ($5,717,850)
2019 ($158,290,300)
2020 ($219,248,800)

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Belize was -438,497,600 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 388,000,000 in 1991 and a minimum value of -438,497,600 in 2020.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 -49,252,160
1981 -77,328,970
1982 -73,309,940
1983 -55,963,260
1984 -34,398,540
1985 -50,792,760
1986 -16,609,200
1987 -18,611,220
1988 -42,590,930
1989 -78,542,300
1990 -19,007,670
1991 388,000,000
1992 -33,165,300
1993 -39,119,500
1994 -30,278,100
1995 -14,263,200
1996 -3,366,700
1997 -38,314,900
1998 -59,890,400
1999 -190,989,900
2000 -344,491,500
2001 -317,894,400
2002 -253,048,500
2003 -252,568,300
2004 -168,257,300
2005 -179,046,700
2006 -12,611,300
2007 -3,194,700
2008 -199,318,700
2009 -122,978,700
2010 11,233,700
2011 -49,948,600
2012 19,774,100
2013 -38,940,900
2014 -98,223,800
2015 -256,704,100
2016 -319,845,700
2017 -127,038,500
2018 -11,435,700
2019 -316,580,500
2020 -438,497,600

External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Belize was -165,883,700 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 386,264,000 in 2006 and a minimum value of -344,491,500 in 2000.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 -344,491,500
2001 -291,356,700
2002 -234,647,400
2003 -127,259,800
2004 33,459,800
2005 80,159,700
2006 386,264,000
2007 159,311,100
2008 49,290,000
2009 210,736,100
2010 275,900,200
2011 167,430,100
2012 239,742,900
2013 152,148,400
2014 72,286,800
2015 -96,041,600
2016 -286,019,200
2017 -180,827,300
2018 19,266,500
2019 -169,099,700
2020 -165,883,700

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Belize was -13.40 as of 2020. Its highest value over the past 40 years was 43.62 in 1991, while its lowest value was -20.70 in 2000.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 -12.44
1981 -19.72
1982 -20.12
1983 -14.57
1984 -8.02
1985 -11.94
1986 -3.59
1987 -3.31
1988 -6.65
1989 -10.64
1990 -2.31
1991 43.62
1992 -3.20
1993 -3.49
1994 -2.60
1995 -1.15
1996 -0.26
1997 -2.93
1998 -4.35
1999 -13.03
2000 -20.70
2001 -18.30
2002 -13.68
2003 -12.84
2004 -8.00
2005 -8.12
2006 -0.52
2007 -0.13
2008 -7.37
2009 -4.67
2010 0.41
2011 -1.71
2012 0.65
2013 -1.23
2014 -2.95
2015 -7.45
2016 -8.94
2017 -3.42
2018 -0.30
2019 -7.98
2020 -13.40

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts