Financial system deposits to GDP (%) in Belize
Belize: Financial system deposits to GDP (%) was 98.2% in 2021. ▲ Rising
Financial system deposits to GDP in Belize, 1976–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, financial system deposits to gdp in Belize stood at 98.2%. That is the highest value across all 46 years on record.
That represents a change of up 8.0% on the previous year and up 41.3% over ten years.
Over the whole period, financial system deposits to gdp in Belize peaked at 98.2% in 2021 and was at its lowest, 26.3%, in 1980.
Belize ranks 37th of 185 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 46 years of available data.
Financial system deposits to GDP (%) in Belize, year by year
| Year | % | Change |
|---|---|---|
| 1976 | 33.2% | — |
| 1977 | 28.7% | -13.6% |
| 1978 | 35.8% | +24.7% |
| 1979 | 28.3% | -21.0% |
| 1980 | 26.3% | -7.0% |
| 1981 | 27.5% | +4.7% |
| 1982 | 29.1% | +5.8% |
| 1983 | 33.5% | +15.0% |
| 1984 | 30.2% | -9.9% |
| 1985 | 31.9% | +5.8% |
| 1986 | 34.6% | +8.4% |
| 1987 | 36.4% | +5.3% |
| 1988 | 33.9% | -7.0% |
| 1989 | 33.6% | -0.8% |
| 1990 | 34.5% | +2.7% |
| 1991 | 35.4% | +2.6% |
| 1992 | 34.7% | -2.0% |
| 1993 | 33.1% | -4.7% |
| 1994 | 34.7% | +5.0% |
| 1995 | 38.9% | +12.0% |
| 1996 | 40.6% | +4.4% |
| 1997 | 44.8% | +10.3% |
| 1998 | 45.0% | +0.6% |
| 1999 | 47.4% | +5.2% |
| 2000 | 48.0% | +1.3% |
| 2001 | 50.9% | +5.9% |
| 2002 | 49.0% | -3.6% |
| 2003 | 49.3% | +0.6% |
| 2004 | 52.2% | +5.8% |
| 2005 | 53.3% | +2.0% |
| 2006 | 56.5% | +6.1% |
| 2007 | 62.2% | +10.1% |
| 2008 | 67.1% | +7.8% |
| 2009 | 74.6% | +11.2% |
| 2010 | 70.2% | -5.9% |
| 2011 | 69.5% | -1.0% |
| 2012 | 73.9% | +6.3% |
| 2013 | 71.7% | -3.0% |
| 2014 | 73.0% | +1.8% |
| 2015 | 75.0% | +2.7% |
| 2016 | 73.7% | -1.7% |
| 2017 | 70.3% | -4.6% |
| 2018 | 70.0% | -0.5% |
| 2019 | 71.2% | +1.8% |
| 2020 | 90.9% | +27.6% |
| 2021 | 98.2% | +8.0% |
Belize compared with similar countries
- Belize's 98.2% is above the median for upper middle income countries, which is 56.7%, 1.7× the median. (55 countries reporting)
- Belize's 98.2% is above the median for Latin America & Caribbean, which is 62.6%, 1.6× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.5% | 28.3% | 35.8% | 4 |
| 1980s | 31.7% | 26.3% | 36.4% | 10 |
| 1990s | 38.9% | 33.1% | 47.4% | 10 |
| 2000s | 56.3% | 48.0% | 74.6% | 10 |
| 2010s | 71.9% | 69.5% | 75.0% | 10 |
| 2020s | 94.5% | 90.9% | 98.2% | 2 |
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 financial system deposits to gdp in Belize?
- Financial system deposits to gdp in Belize was 98.2% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Belize?
- The highest recorded value was 98.2% in 2021.
- What is the lowest financial system deposits to gdp recorded in Belize?
- The lowest recorded value was 26.3% in 1980.
- How does Belize rank for financial system deposits to gdp?
- Belize ranks 37th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Belize?
- Over the last ten years it is up 41.3%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).