Merchandise imports from high-income economies in Belize
Belize: Merchandise imports from high-income economies was 55.0% in 2023. ▼ Falling
Merchandise imports from high-income economies in Belize, 1963–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from high-income economies in Belize stood at 55.0%.
The figure is down 1.7% on the previous year and down 6.0% over ten years.
Over the whole period, merchandise imports from high-income economies in Belize peaked at 93.5% in 1963 and was at its lowest, 50.4%, in 2021.
That places Belize 114th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 60 years of available data.
Merchandise imports from high-income economies in Belize, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1963 | 93.5% | — |
| 1964 | 92.8% | -0.8% |
| 1965 | 89.9% | -3.1% |
| 1966 | 90.5% | +0.7% |
| 1967 | 88.4% | -2.4% |
| 1968 | 87.5% | -0.9% |
| 1969 | 85.4% | -2.4% |
| 1970 | 85.8% | +0.4% |
| 1971 | 86.0% | +0.3% |
| 1972 | 88.5% | +3.0% |
| 1973 | 85.4% | -3.6% |
| 1974 | 85.5% | +0.2% |
| 1975 | 86.1% | +0.7% |
| 1976 | 85.6% | -0.7% |
| 1977 | 86.1% | +0.6% |
| 1978 | 86.0% | -0.0% |
| 1979 | 83.5% | -3.0% |
| 1981 | 84.7% | +1.4% |
| 1982 | 80.8% | -4.6% |
| 1983 | 77.5% | -4.1% |
| 1984 | 79.4% | +2.6% |
| 1985 | 85.3% | +7.4% |
| 1986 | 84.1% | -1.3% |
| 1987 | 85.1% | +1.1% |
| 1988 | 83.8% | -1.5% |
| 1989 | 84.5% | +0.8% |
| 1990 | 82.9% | -1.9% |
| 1991 | 85.5% | +3.2% |
| 1992 | 82.1% | -4.0% |
| 1993 | 78.5% | -4.4% |
| 1994 | 78.6% | +0.1% |
| 1995 | 78.1% | -0.6% |
| 1996 | 71.0% | -9.1% |
| 1997 | 76.5% | +7.6% |
| 1998 | 77.9% | +1.9% |
| 1999 | 68.9% | -11.6% |
| 2000 | 73.9% | +7.3% |
| 2001 | 69.7% | -5.7% |
| 2002 | 64.7% | -7.2% |
| 2003 | 76.6% | +18.4% |
| 2004 | 69.7% | -9.0% |
| 2005 | 71.1% | +2.0% |
| 2006 | 69.3% | -2.5% |
| 2007 | 58.0% | -16.4% |
| 2008 | 61.9% | +6.7% |
| 2009 | 59.1% | -4.5% |
| 2010 | 58.5% | -1.0% |
| 2011 | 60.2% | +2.9% |
| 2012 | 58.8% | -2.3% |
| 2013 | 58.5% | -0.5% |
| 2014 | 58.5% | +0.1% |
| 2015 | 60.1% | +2.7% |
| 2016 | 60.3% | +0.2% |
| 2017 | 60.3% | +0.1% |
| 2018 | 59.8% | -0.8% |
| 2019 | 58.3% | -2.5% |
| 2020 | 54.3% | -7.0% |
| 2021 | 50.4% | -7.2% |
| 2022 | 55.9% | +11.1% |
| 2023 | 55.0% | -1.7% |
Belize compared with similar countries
- Belize's 55.0% is below the median for upper middle income countries, which is 56.4%, 97% of the median. (59 countries reporting)
- Belize's 55.0% is below the median for Latin America & Caribbean, which is 58.3%, 94% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 89.7% | 85.4% | 93.5% | 7 |
| 1970s | 85.8% | 83.5% | 88.5% | 10 |
| 1980s | 82.8% | 77.5% | 85.3% | 9 |
| 1990s | 78.0% | 68.9% | 85.5% | 10 |
| 2000s | 67.4% | 58.0% | 76.6% | 10 |
| 2010s | 59.3% | 58.3% | 60.3% | 10 |
| 2020s | 53.9% | 50.4% | 55.9% | 4 |
Countries ranked near Belize
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)
- Food exports 95.3% (2025)
- Manufactures exports 3.2% (2025)
- Merchandise exports 444.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,050 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1335 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -7.88 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from high-income economies in Belize?
- Merchandise imports from high-income economies in Belize was 55.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from high-income economies recorded in Belize?
- The highest recorded value was 93.5% in 1963.
- What is the lowest merchandise imports from high-income economies recorded in Belize?
- The lowest recorded value was 50.4% in 2021.
- How does Belize rank for merchandise imports from high-income economies?
- Belize ranks 114th out of 206 countries with data for 2023.
- Is merchandise imports from high-income economies rising or falling in Belize?
- Over the last ten years it is down 6.0%. The long-run trend across the full record is falling.
- Where does this Belize data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from high-income economies (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.