Bank concentration in Belize
Belize: Bank concentration was 85.9% in 2020. ▼ Falling
Bank concentration in Belize, 2001–2020
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Belize recorded 85.9% for bank concentration in 2020.
The figure is up 2.8% on the previous year and down 11.5% over ten years.
Over the whole period, bank concentration in Belize peaked at 100.0% in 2001 and was at its lowest, 82.9%, in 2018.
Belize ranks 44th of 170 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Bank concentration in Belize, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 100.0% | — |
| 2002 | 100.0% | +0.0% |
| 2003 | 100.0% | +0.0% |
| 2004 | 100.0% | +0.0% |
| 2005 | 83.9% | -16.1% |
| 2006 | 96.3% | +14.9% |
| 2007 | 88.1% | -8.6% |
| 2008 | 85.3% | -3.2% |
| 2009 | 97.1% | +13.8% |
| 2015 | 88.6% | -8.7% |
| 2016 | 84.3% | -4.9% |
| 2017 | 85.4% | +1.3% |
| 2018 | 82.9% | -2.9% |
| 2019 | 83.6% | +0.8% |
| 2020 | 85.9% | +2.8% |
Belize compared with similar countries
- Belize's 85.9% is above the median for upper middle income countries, which is 70.5%, 1.2× the median. (48 countries reporting)
- Belize's 85.9% is above the median for Latin America & Caribbean, which is 73.8%, 1.2× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 94.5% | 83.9% | 100.0% | 9 |
| 2010s | 85.0% | 82.9% | 88.6% | 5 |
| 2020s | 85.9% | 85.9% | 85.9% | 1 |
Countries ranked near Belize
More financial sector data for Belize
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 20.12 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 14.69 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 20.12 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank concentration in Belize?
- Bank concentration in Belize was 85.9% in 2020, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Belize?
- The highest recorded value was 100.0% in 2001.
- What is the lowest bank concentration recorded in Belize?
- The lowest recorded value was 82.9% in 2018.
- How does Belize rank for bank concentration?
- Belize ranks 44th out of 170 countries with data for 2020.
- Is bank concentration rising or falling in Belize?
- Over the last ten years it is down 11.5%. The long-run trend across the full record is falling.
- Where does this Belize data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.