Loans from nonresident banks (amounts outstanding) to GDP (%) in Belize
Belize: Loans from nonresident banks (amounts outstanding) to GDP (%) was 20.3% in 2021. ▼ Falling
Loans from nonresident banks (amounts outstanding) to GDP in Belize, 2002–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for loans from nonresident banks (amounts outstanding) to gdp in Belize is 20.3%, measured in 2021.
Compared with earlier readings it is up 168.7% over ten years.
Over the whole period, loans from nonresident banks (amounts outstanding) to gdp in Belize peaked at 22.7% in 2003 and was at its lowest, 6.0%, in 2014.
That places Belize 56th out of 136 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Loans from nonresident banks (amounts outstanding) to GDP (%) in Belize, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 13.4% | — |
| 2003 | 22.7% | +69.4% |
| 2004 | 21.3% | -6.3% |
| 2005 | 20.2% | -4.8% |
| 2006 | 18.6% | -8.2% |
| 2007 | 8.7% | -53.4% |
| 2008 | 8.2% | -5.1% |
| 2009 | 8.4% | +2.4% |
| 2010 | 8.0% | -4.9% |
| 2011 | 7.6% | -5.4% |
| 2012 | 6.5% | -13.7% |
| 2013 | 6.3% | -3.2% |
| 2014 | 6.0% | -5.6% |
| 2021 | 20.3% | +240.9% |
Belize compared with similar countries
- Belize's 20.3% is above the median for upper middle income countries, which is 17.4%, 1.2× the median. (45 countries reporting)
- Belize's 20.3% is above the median for Latin America & Caribbean, which is 19.2%, 1.1× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Loans from nonresident banks (amounts outstanding) to GDP (%) in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +240.9% | 6.0% | 20.3% |
| 2003 | +69.4% | 13.4% | 22.7% |
| 2007 | -53.4% | 18.6% | 8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.2% | 8.2% | 22.7% | 8 |
| 2010s | 6.9% | 6.0% | 8.0% | 5 |
| 2020s | 20.3% | 20.3% | 20.3% | 1 |
Countries ranked near Belize
- 53 United States 21.4% compare
- 54 Malta 20.7% compare
- 55 Israel 20.6% compare
- 57 South Africa 20.3% compare
- 58 Zambia 20.0% compare
- 59 Cote d'Ivoire 19.9% compare
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 loans from nonresident banks (amounts outstanding) to gdp in Belize?
- Loans from nonresident banks (amounts outstanding) to gdp in Belize was 20.3% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in Belize?
- The highest recorded value was 22.7% in 2003.
- What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in Belize?
- The lowest recorded value was 6.0% in 2014.
- How does Belize rank for loans from nonresident banks (amounts outstanding) to gdp?
- Belize ranks 56th out of 136 countries with data for 2021.
- Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in Belize?
- Over the last ten years it is up 168.7%. The long-run trend across the full record is falling.
- Where does this Belize data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (amounts outstanding) to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Ratio of outstanding offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors.