Exports of services as a part of balance of payment rose 10.5% to USD 1.16 bil in Belize in 2024, according to the National Statistical Office.
Historically, exports of services as a part of balance of payment in Belize reached an all time high of USD 1.16 bil in 2024 and an all time low of USD 0.035 bil in 1984. When compared to Belize's main peers, exports of services as a part of balance of payment in Guatemala amounted to USD 4.67 bil, USD 3.68 bil in Honduras, USD 63.0 bil in Mexico and USD 1,107 bil in USA in 2024.
Belize has been ranked 93rd within the group of 103 countries we follow in terms of exports of services as a part of balance of payment, 43 places above the position seen 10 years ago.
Exports of Services (BoP, USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Belize | USD bil | 0.620 | 0.677 | 0.426 | 0.621 | 0.851 | ||||||||||||||||
Canada | USD bil | 105 | 115 | 98.5 | 121 | 141 | ||||||||||||||||
China | USD bil | 234 | 244 | 229 | 339 | 372 | ||||||||||||||||
El Salvador | USD bil | 2.83 | 3.31 | 2.20 | 3.10 | 4.32 | ||||||||||||||||
Guatemala | USD bil | 3.71 | 3.68 | 2.59 | 2.88 | 3.89 | ||||||||||||||||
Honduras | USD bil | 2.82 | 2.98 | 1.98 | 2.84 | 3.36 | ||||||||||||||||
Japan | USD bil | 194 | 209 | 164 | 171 | 170 | ||||||||||||||||
Mexico | USD bil | 40.2 | 44.2 | 28.5 | 42.4 | 52.2 | ||||||||||||||||
Nicaragua | USD bil | 1.36 | 1.37 | 0.946 | 1.04 | 1.56 | ||||||||||||||||
USA | USD bil | 866 | 891 | 726 | 805 | 949 |