Domestic credit to private sector in Belize
Belize: Domestic credit to private sector was 71.1% in 2020. ▲ Rising
Domestic credit to private sector in Belize, 1976–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Belize recorded 71.1% for domestic credit to private sector in 2020. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 26.4% on the previous year and up 13.2% over ten years.
Over the whole period, domestic credit to private sector in Belize peaked at 71.1% in 2020 and was at its lowest, 19.5%, in 1980.
That places Belize 59th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Domestic credit to private sector 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 | 19.5% | -16.2% |
| 1981 | 23.2% | +18.5% |
| 1982 | 29.5% | +27.6% |
| 1983 | 30.5% | +3.2% |
| 1984 | 27.1% | -11.2% |
| 1985 | 28.3% | +4.6% |
| 1986 | 25.9% | -8.7% |
| 1987 | 26.1% | +0.9% |
| 1988 | 30.9% | +18.6% |
| 1989 | 31.3% | +1.2% |
| 1990 | 32.6% | +4.0% |
| 1991 | 37.2% | +14.3% |
| 1992 | 35.9% | -3.6% |
| 1993 | 34.5% | -4.0% |
| 1994 | 34.9% | +1.2% |
| 1995 | 35.2% | +0.9% |
| 1996 | 37.2% | +5.9% |
| 1997 | 41.2% | +10.7% |
| 1998 | 44.3% | +7.4% |
| 1999 | 43.7% | -1.3% |
| 2000 | 40.8% | -6.6% |
| 2001 | 44.2% | +8.3% |
| 2002 | 47.4% | +7.2% |
| 2003 | 51.0% | +7.6% |
| 2004 | 53.2% | +4.3% |
| 2005 | 53.2% | +0.0% |
| 2006 | 55.4% | +4.2% |
| 2007 | 60.6% | +9.2% |
| 2008 | 63.5% | +4.8% |
| 2009 | 67.6% | +6.4% |
| 2010 | 62.8% | -7.1% |
| 2011 | 59.5% | -5.3% |
| 2012 | 58.2% | -2.1% |
| 2013 | 57.7% | -0.8% |
| 2014 | 57.0% | -1.3% |
| 2015 | 58.0% | +1.8% |
| 2016 | 55.8% | -3.9% |
| 2017 | 54.5% | -2.2% |
| 2018 | 54.9% | +0.7% |
| 2019 | 56.3% | +2.5% |
| 2020 | 71.1% | +26.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.2% | 20.3% | 26.7% | 4 |
| 1980s | 27.2% | 19.5% | 31.3% | 10 |
| 1990s | 37.7% | 32.6% | 44.3% | 10 |
| 2000s | 53.7% | 40.8% | 67.6% | 10 |
| 2010s | 57.5% | 54.5% | 62.8% | 10 |
| 2020s | 71.1% | 71.1% | 71.1% | 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 domestic credit to private sector in Belize?
- Domestic credit to private sector in Belize was 71.1% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Belize?
- The highest recorded value was 71.1% in 2020.
- What is the lowest domestic credit to private sector recorded in Belize?
- The lowest recorded value was 19.5% in 1980.
- How does Belize rank for domestic credit to private sector?
- Belize ranks 59th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Belize?
- Over the last ten years it is up 13.2%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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.