Imports as a share of GDP fell 7.27% to 0.512% in Belize in 2023, according to the National Statistical Office.
Historically, imports as a share of GDP in Belize reached an all time high of 0.553% in 2022 and an all time low of 0.362% in 1986. When compared to Belize's main peers, imports as a share of GDP in Guatemala amounted to 0.317%, 0.614% in Honduras, 0.376% in Mexico and 0.139% in USA in 2023.
Belize has been ranked 63rd within the group of 157 countries we follow in terms of imports as a share of GDP, 4 places below the position seen 10 years ago.
Imports (As % of GDP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Belize | % | 0.491% | 0.503% | 0.441% | 0.516% | 0.553% | ... | |||||||||||||||
Canada | % | 0.343% | 0.338% | 0.317% | 0.311% | 0.334% | ||||||||||||||||
China | % | 0.181% | 0.171% | 0.158% | 0.170% | 0.171% | ||||||||||||||||
El Salvador | % | 0.467% | 0.461% | 0.419% | 0.531% | 0.563% | ||||||||||||||||
Guatemala | % | 0.288% | 0.279% | 0.248% | 0.316% | 0.355% | ||||||||||||||||
Honduras | % | 0.621% | 0.592% | 0.521% | 0.640% | 0.703% | ||||||||||||||||
Japan | % | 0.183% | 0.178% | 0.158% | 0.186% | 0.253% | ... | |||||||||||||||
Mexico | % | 0.412% | 0.389% | 0.376% | 0.425% | 0.459% | ||||||||||||||||
Nicaragua | % | 0.517% | 0.492% | 0.469% | 0.598% | 0.656% | ||||||||||||||||
USA | % | 0.152% | 0.145% | 0.130% | 0.144% | 0.153% |