Bound rate, simple mean, manufactured products (%) in Belize
Belize: Bound rate, simple mean, manufactured products (%) was 51.9% in 2021. ▬ Flat
Bound rate, simple mean, manufactured products in Belize, 1996–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Belize recorded 51.9% for bound rate, simple mean, manufactured products in 2021.
Compared with earlier readings it is up 0.1% over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Belize peaked at 52.1% in 1996 and was at its lowest, 51.9%, in 2009.
That places Belize 25th out of 157 countries with data for 2021, putting it in the top quarter.
Bound rate, simple mean, manufactured products (%) in Belize, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 52.1% | — |
| 1999 | 52.1% | -0.0% |
| 2001 | 52.1% | +0.0% |
| 2002 | 52.1% | +0.0% |
| 2003 | 52.1% | +0.0% |
| 2006 | 52.0% | -0.1% |
| 2007 | 52.0% | +0.0% |
| 2008 | 52.0% | +0.0% |
| 2009 | 51.9% | -0.2% |
| 2010 | 51.9% | +0.0% |
| 2011 | 51.9% | +0.0% |
| 2012 | 51.9% | +0.0% |
| 2013 | 51.9% | +0.1% |
| 2014 | 51.9% | +0.0% |
| 2015 | 51.9% | +0.0% |
| 2016 | 51.9% | +0.0% |
| 2017 | 51.9% | +0.0% |
| 2018 | 51.9% | +0.0% |
| 2019 | 51.9% | +0.0% |
| 2020 | 51.9% | +0.0% |
| 2021 | 51.9% | +0.0% |
Belize compared with similar countries
- Belize's 51.9% is above the median for upper middle income countries, which is 19.9%, 2.6× the median. (45 countries reporting)
- Belize's 51.9% is above the median for Latin America & Caribbean, which is 35.2%, 1.5× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 52.1% | 52.1% | 52.1% | 2 |
| 2000s | 52.0% | 51.9% | 52.1% | 7 |
| 2010s | 51.9% | 51.9% | 51.9% | 10 |
| 2020s | 51.9% | 51.9% | 51.9% | 2 |
Countries ranked near Belize
- 22 Saint Vincent and the Grenadines 53.9% compare
- 23 Saint Lucia 53.4% compare
- 24 Antigua and Barbuda 52.1% compare
- 26 Trinidad and Tobago 51.9% compare
- 27 Dominica 50.6% compare
- 28 Grenada 50.6% compare
More private sector data for Belize
- Merchandise trade 56.4% (2025)
- Food imports 19.3% (2025)
- Manufactures imports 64.2% (2025)
- Merchandise imports 1.43 billion current US$ (2025)
- Commercial service imports 324.25 million current US$ (2025)
- Food exports 95.3% (2025)
- Manufactures exports 3.2% (2025)
- Merchandise exports 444.00 million current US$ (2025)
- Commercial service exports 1.16 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,050 current US$ per person (2025)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Belize?
- Bound rate, simple mean, manufactured products in Belize was 51.9% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Belize?
- The highest recorded value was 52.1% in 1996.
- What is the lowest bound rate, simple mean, manufactured products recorded in Belize?
- The lowest recorded value was 51.9% in 2009.
- How does Belize rank for bound rate, simple mean, manufactured products?
- Belize ranks 25th out of 157 countries with data for 2021.
- Is bound rate, simple mean, manufactured products rising or falling in Belize?
- Over the last ten years it is up 0.1%. The long-run trend across the full record is flat.
- Where does this Belize data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, manufactured products (%). Statizoid updates them automatically from the source API.
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About this data
Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.