Merchandise imports from low- and middle-income economies within in Belize
Belize: Merchandise imports from low- and middle-income economies within was 24.6% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies within in Belize, 1963–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
Belize recorded 24.6% for merchandise imports from low- and middle-income economies within in 2023.
The figure is up 6.5% on the previous year and down 3.8% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies within in Belize peaked at 33.4% in 2007 and was at its lowest, 5.9%, in 1963.
Belize ranks 64th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Merchandise imports from low- and middle-income economies within in Belize, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1963 | 5.9% | — |
| 1964 | 7.2% | +23.1% |
| 1965 | 9.1% | +26.9% |
| 1966 | 8.7% | -5.4% |
| 1967 | 10.8% | +25.1% |
| 1968 | 11.6% | +6.7% |
| 1969 | 13.5% | +17.2% |
| 1970 | 12.9% | -4.9% |
| 1971 | 13.6% | +5.6% |
| 1972 | 10.8% | -20.5% |
| 1973 | 14.1% | +30.4% |
| 1974 | 14.2% | +0.5% |
| 1975 | 13.6% | -3.8% |
| 1976 | 14.2% | +4.4% |
| 1977 | 13.8% | -3.3% |
| 1978 | 13.9% | +1.1% |
| 1979 | 16.4% | +18.1% |
| 1981 | 15.0% | -8.6% |
| 1982 | 19.0% | +26.6% |
| 1983 | 22.2% | +16.8% |
| 1984 | 15.0% | -32.6% |
| 1985 | 13.6% | -9.4% |
| 1986 | 15.2% | +11.8% |
| 1987 | 14.6% | -3.8% |
| 1988 | 15.7% | +7.9% |
| 1989 | 15.0% | -4.7% |
| 1990 | 15.7% | +4.5% |
| 1991 | 13.5% | -13.8% |
| 1992 | 15.1% | +11.8% |
| 1993 | 17.3% | +14.7% |
| 1994 | 18.5% | +6.9% |
| 1995 | 20.5% | +10.5% |
| 1996 | 27.6% | +34.9% |
| 1997 | 22.1% | -19.8% |
| 1998 | 19.1% | -13.6% |
| 1999 | 28.3% | +48.0% |
| 2000 | 23.0% | -18.9% |
| 2001 | 27.8% | +21.0% |
| 2002 | 33.3% | +19.8% |
| 2003 | 18.9% | -43.1% |
| 2004 | 25.5% | +34.5% |
| 2005 | 23.6% | -7.4% |
| 2006 | 24.9% | +5.6% |
| 2007 | 33.4% | +34.1% |
| 2008 | 25.3% | -24.2% |
| 2009 | 27.8% | +9.9% |
| 2010 | 27.4% | -1.3% |
| 2011 | 22.0% | -20.0% |
| 2012 | 24.5% | +11.7% |
| 2013 | 25.6% | +4.4% |
| 2014 | 26.2% | +2.2% |
| 2015 | 25.3% | -3.3% |
| 2016 | 24.8% | -2.1% |
| 2017 | 25.5% | +3.0% |
| 2018 | 25.3% | -0.7% |
| 2019 | 24.7% | -2.6% |
| 2020 | 27.7% | +12.2% |
| 2021 | 30.6% | +10.5% |
| 2022 | 23.1% | -24.4% |
| 2023 | 24.6% | +6.5% |
Belize compared with similar countries
- Belize's 24.6% is above the median for upper middle income countries, which is 16.6%, 1.5× the median. (59 countries reporting)
- Belize's 24.6% is above the median for Latin America & Caribbean, which is 16.0%, 1.5× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.5% | 5.9% | 13.5% | 7 |
| 1970s | 13.8% | 10.8% | 16.4% | 10 |
| 1980s | 16.1% | 13.6% | 22.2% | 9 |
| 1990s | 19.8% | 13.5% | 28.3% | 10 |
| 2000s | 26.3% | 18.9% | 33.4% | 10 |
| 2010s | 25.1% | 22.0% | 27.4% | 10 |
| 2020s | 26.5% | 23.1% | 30.6% | 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 low- and middle-income economies within in Belize?
- Merchandise imports from low- and middle-income economies within in Belize was 24.6% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies within recorded in Belize?
- The highest recorded value was 33.4% in 2007.
- What is the lowest merchandise imports from low- and middle-income economies within recorded in Belize?
- The lowest recorded value was 5.9% in 1963.
- How does Belize rank for merchandise imports from low- and middle-income economies within?
- Belize ranks 64th out of 203 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies within rising or falling in Belize?
- Over the last ten years it is down 3.8%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies within region (% 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 low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.