Domestic credit to private sector by banks in Belize
Belize: Domestic credit to private sector by banks was 42.9% in 2025. ▲ Rising
Domestic credit to private sector by banks in Belize, 1976–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector by banks in Belize is 42.9%, measured in 2025.
That represents a change of up 4.4% on the previous year and down 6.4% over ten years.
Over the whole period, domestic credit to private sector by banks in Belize peaked at 54.9% in 2020 and was at its lowest, 15.0%, in 1980.
That places Belize 87th out of 187 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Domestic credit to private sector by banks in Belize, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1976 | 26.7% | — |
| 1977 | 22.4% | -16.1% |
| 1978 | 20.3% | -9.4% |
| 1979 | 23.3% | +14.8% |
| 1980 | 15.0% | -35.5% |
| 1981 | 17.4% | +15.9% |
| 1982 | 21.7% | +24.4% |
| 1983 | 22.3% | +3.2% |
| 1984 | 20.0% | -10.5% |
| 1985 | 21.0% | +4.8% |
| 1986 | 19.2% | -8.3% |
| 1987 | 19.8% | +2.7% |
| 1988 | 23.5% | +18.9% |
| 1989 | 23.5% | +0.2% |
| 1990 | 24.5% | +4.3% |
| 1991 | 27.7% | +13.1% |
| 1992 | 26.7% | -3.6% |
| 1993 | 25.7% | -4.0% |
| 1994 | 26.3% | +2.3% |
| 1995 | 26.7% | +1.5% |
| 1996 | 28.1% | +5.4% |
| 1997 | 30.9% | +10.0% |
| 1998 | 32.9% | +6.3% |
| 1999 | 32.1% | -2.4% |
| 2000 | 29.9% | -6.9% |
| 2001 | 32.9% | +10.2% |
| 2002 | 35.5% | +8.0% |
| 2003 | 38.6% | +8.7% |
| 2004 | 40.2% | +4.0% |
| 2005 | 40.1% | -0.2% |
| 2006 | 42.2% | +5.2% |
| 2007 | 45.4% | +7.7% |
| 2008 | 49.3% | +8.6% |
| 2009 | 52.8% | +7.0% |
| 2010 | 49.7% | -5.8% |
| 2011 | 47.4% | -4.6% |
| 2012 | 46.4% | -2.3% |
| 2013 | 44.8% | -3.5% |
| 2014 | 44.5% | -0.5% |
| 2015 | 45.8% | +2.8% |
| 2016 | 44.6% | -2.7% |
| 2017 | 44.3% | -0.6% |
| 2018 | 45.1% | +1.9% |
| 2019 | 45.7% | +1.4% |
| 2020 | 54.9% | +20.1% |
| 2021 | 47.5% | -13.5% |
| 2022 | 42.3% | -10.8% |
| 2023 | 41.8% | -1.2% |
| 2024 | 41.0% | -1.9% |
| 2025 | 42.9% | +4.4% |
Belize compared with similar countries
- Belize's 42.9% is above the median for upper middle income countries, which is 39.8%, 1.1× the median. (55 countries reporting)
- Belize's 42.9% is above the median for Latin America & Caribbean, which is 42.9%, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.2% | 20.3% | 26.7% | 4 |
| 1980s | 20.3% | 15.0% | 23.5% | 10 |
| 1990s | 28.2% | 24.5% | 32.9% | 10 |
| 2000s | 40.7% | 29.9% | 52.8% | 10 |
| 2010s | 45.8% | 44.3% | 49.7% | 10 |
| 2020s | 45.1% | 41.0% | 54.9% | 6 |
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 domestic credit to private sector by banks in Belize?
- Domestic credit to private sector by banks in Belize was 42.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Belize?
- The highest recorded value was 54.9% in 2020.
- What is the lowest domestic credit to private sector by banks recorded in Belize?
- The lowest recorded value was 15.0% in 1980.
- How does Belize rank for domestic credit to private sector by banks?
- Belize ranks 87th out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Belize?
- Over the last ten years it is down 6.4%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.