Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Belize
Belize: Outstanding Loans, Commercial Banks, of Which: Household Sector Loans was 1.35 billion in 2024. ▲ Rising
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Belize, 2004–2024
Source: International Monetary Fund.
Analysis
Belize recorded 1.35 billion for outstanding loans, commercial banks, of which: household sector loans in 2024. That is the highest value across all 21 years on record.
The figure is up 7.5% on the previous year and up 52.4% over ten years.
Over the whole period, outstanding loans, commercial banks, of which: household sector loans in Belize peaked at 1.35 billion in 2024 and was at its lowest, 394.00 million, in 2004.
Belize ranks 121st of 134 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Belize, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 394.00 million | — |
| 2005 | 518.00 million | +31.5% |
| 2006 | 644.36 million | +24.4% |
| 2007 | 750.70 million | +16.5% |
| 2008 | 761.30 million | +1.4% |
| 2009 | 748.85 million | -1.6% |
| 2010 | 769.74 million | +2.8% |
| 2011 | 811.06 million | +5.4% |
| 2012 | 852.00 million | +5.0% |
| 2013 | 880.00 million | +3.3% |
| 2014 | 884.00 million | +0.5% |
| 2015 | 860.00 million | -2.7% |
| 2016 | 868.00 million | +0.9% |
| 2017 | 880.00 million | +1.4% |
| 2018 | 902.00 million | +2.5% |
| 2019 | 1.25 billion | +38.6% |
| 2020 | 1.15 billion | -7.7% |
| 2021 | 1.16 billion | +0.3% |
| 2022 | 1.17 billion | +1.0% |
| 2023 | 1.25 billion | +7.3% |
| 2024 | 1.35 billion | +7.5% |
Belize compared with similar countries
- Belize's 1.35 billion is below the median for upper middle income countries, which is 162.63 billion, 1% of the median. (46 countries reporting)
- Belize's 1.35 billion is below the median for Latin America & Caribbean, which is 54.41 billion, 2% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Outstanding Loans, Commercial Banks, of Which: Household Sector Loans 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 |
|---|---|---|---|
| 2019 | +38.6% | 902.00 million | 1.25 billion |
| 2005 | +31.5% | 394.00 million | 518.00 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 636.20 million | 394.00 million | 761.30 million | 6 |
| 2010s | 895.68 million | 769.74 million | 1.25 billion | 10 |
| 2020s | 1.22 billion | 1.15 billion | 1.35 billion | 5 |
Countries ranked near Belize
- 118 Montenegro 1.97 billion compare
- 119 Grenada 1.38 billion compare
- 120 Saint Kitts and Nevis 1.38 billion compare
- 122 Antigua and Barbuda 1.27 billion compare
- 123 Papua New Guinea 1.24 billion compare
- 124 Solomon Islands 1.05 billion 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 outstanding loans, commercial banks, of which: household sector loans in Belize?
- Outstanding loans, commercial banks, of which: household sector loans in Belize was 1.35 billion in 2024, according to International Monetary Fund.
- What is the highest outstanding loans, commercial banks, of which: household sector loans recorded in Belize?
- The highest recorded value was 1.35 billion in 2024.
- What is the lowest outstanding loans, commercial banks, of which: household sector loans recorded in Belize?
- The lowest recorded value was 394.00 million in 2004.
- How does Belize rank for outstanding loans, commercial banks, of which: household sector loans?
- Belize ranks 121st out of 134 countries with data for 2024.
- Is outstanding loans, commercial banks, of which: household sector loans rising or falling in Belize?
- Over the last ten years it is up 52.4%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from International Monetary Fund, published as part of Outstanding Loans, Commercial Banks, of Which: Household Sector Loans. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.