Borrowers from commercial banks (per 1,000 adults) in Belize
Belize: Borrowers from commercial banks (per 1,000 adults) was 147.22 per 1,000 adults in 2024. ▼ Falling
Borrowers from commercial banks in Belize, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
The most recent figure for borrowers from commercial banks in Belize is 147.22 per 1,000 adults, measured in 2024. That is the lowest value across all 21 years on record.
Compared with earlier readings it is down 10.6% on the previous year and down 25.5% over ten years.
Over the whole period, borrowers from commercial banks in Belize peaked at 344.11 per 1,000 adults in 2009 and was at its lowest, 147.22 per 1,000 adults, in 2024.
That places Belize 67th out of 113 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Borrowers from commercial banks (per 1,000 adults) in Belize, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 192.26 per 1,000 adults | — |
| 2005 | 320.99 per 1,000 adults | +67.0% |
| 2006 | 242.92 per 1,000 adults | -24.3% |
| 2007 | 272.91 per 1,000 adults | +12.3% |
| 2008 | 309.33 per 1,000 adults | +13.3% |
| 2009 | 344.11 per 1,000 adults | +11.2% |
| 2010 | 322.67 per 1,000 adults | -6.2% |
| 2011 | 229.36 per 1,000 adults | -28.9% |
| 2012 | 212.04 per 1,000 adults | -7.5% |
| 2013 | 175.42 per 1,000 adults | -17.3% |
| 2014 | 197.5 per 1,000 adults | +12.6% |
| 2015 | 161.44 per 1,000 adults | -18.3% |
| 2016 | 164.99 per 1,000 adults | +2.2% |
| 2017 | 149.85 per 1,000 adults | -9.2% |
| 2018 | 152.49 per 1,000 adults | +1.8% |
| 2019 | 153.01 per 1,000 adults | +0.3% |
| 2020 | 180.41 per 1,000 adults | +17.9% |
| 2021 | 187.25 per 1,000 adults | +3.8% |
| 2022 | 151.49 per 1,000 adults | -19.1% |
| 2023 | 164.69 per 1,000 adults | +8.7% |
| 2024 | 147.22 per 1,000 adults | -10.6% |
Belize compared with similar countries
- Belize's 147.22 per 1,000 adults is below the median for upper middle income countries, which is 263.02 per 1,000 adults, 56% of the median. (33 countries reporting)
- Belize's 147.22 per 1,000 adults is below the median for Latin America & Caribbean, which is 217.66 per 1,000 adults, 68% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 280.42 per 1,000 adults | 192.26 per 1,000 adults | 344.11 per 1,000 adults | 6 |
| 2010s | 191.88 per 1,000 adults | 149.85 per 1,000 adults | 322.67 per 1,000 adults | 10 |
| 2020s | 166.21 per 1,000 adults | 147.22 per 1,000 adults | 187.25 per 1,000 adults | 5 |
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 borrowers from commercial banks in Belize?
- Borrowers from commercial banks in Belize was 147.22 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Belize?
- The highest recorded value was 344.11 per 1,000 adults in 2009.
- What is the lowest borrowers from commercial banks recorded in Belize?
- The lowest recorded value was 147.22 per 1,000 adults in 2024.
- How does Belize rank for borrowers from commercial banks?
- Belize ranks 67th out of 113 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Belize?
- Over the last ten years it is down 25.5%. The long-run trend across the full record is falling.
- Where does this Belize data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.