Private credit by deposit money banks and other financial in Belize
Belize: Private credit by deposit money banks and other financial was 64.4% in 2021. ▲ Rising
Private credit by deposit money banks and other financial in Belize, 1976–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Belize recorded 64.4% for private credit by deposit money banks and other financial in 2021.
Compared with earlier readings it is down 2.2% on the previous year and up 8.3% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Belize peaked at 68.6% in 2009 and was at its lowest, 24.8%, in 1977.
That places Belize 63rd out of 187 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Private credit by deposit money banks and other financial in Belize, year by year
| Year | % | Change |
|---|---|---|
| 1976 | 31.8% | — |
| 1977 | 24.8% | -21.8% |
| 1978 | 31.6% | +27.3% |
| 1979 | 29.8% | -5.8% |
| 1980 | 27.4% | -7.9% |
| 1981 | 31.4% | +14.7% |
| 1982 | 36.8% | +17.0% |
| 1983 | 38.2% | +4.0% |
| 1984 | 34.6% | -9.4% |
| 1985 | 36.5% | +5.4% |
| 1986 | 34.4% | -5.9% |
| 1987 | 34.0% | -1.0% |
| 1988 | 36.9% | +8.6% |
| 1989 | 36.7% | -0.6% |
| 1990 | 36.7% | -0.1% |
| 1991 | 40.9% | +11.7% |
| 1992 | 39.4% | -3.7% |
| 1993 | 38.1% | -3.3% |
| 1994 | 38.8% | +1.9% |
| 1995 | 39.0% | +0.4% |
| 1996 | 41.5% | +6.4% |
| 1997 | 45.9% | +10.7% |
| 1998 | 49.1% | +7.0% |
| 1999 | 48.0% | -2.3% |
| 2000 | 52.8% | +10.1% |
| 2001 | 59.5% | +12.7% |
| 2002 | 59.0% | -0.8% |
| 2003 | 62.9% | +6.6% |
| 2004 | 67.6% | +7.4% |
| 2005 | 64.1% | -5.1% |
| 2006 | 55.4% | -13.6% |
| 2007 | 61.0% | +10.0% |
| 2008 | 63.5% | +4.1% |
| 2009 | 68.6% | +8.0% |
| 2010 | 63.2% | -7.9% |
| 2011 | 59.5% | -5.8% |
| 2012 | 58.4% | -1.9% |
| 2013 | 57.7% | -1.2% |
| 2014 | 57.1% | -0.9% |
| 2015 | 58.3% | +2.1% |
| 2016 | 55.8% | -4.4% |
| 2017 | 54.0% | -3.2% |
| 2018 | 53.8% | -0.3% |
| 2019 | 54.9% | +2.1% |
| 2020 | 65.9% | +20.0% |
| 2021 | 64.4% | -2.2% |
Belize compared with similar countries
- Belize's 64.4% is above the median for upper middle income countries, which is 50.2%, 1.3× the median. (55 countries reporting)
- Belize's 64.4% is above the median for Latin America & Caribbean, which is 51.7%, 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.5% | 24.8% | 31.8% | 4 |
| 1980s | 34.7% | 27.4% | 38.2% | 10 |
| 1990s | 41.7% | 36.7% | 49.1% | 10 |
| 2000s | 61.4% | 52.8% | 68.6% | 10 |
| 2010s | 57.3% | 53.8% | 63.2% | 10 |
| 2020s | 65.2% | 64.4% | 65.9% | 2 |
Countries ranked near Belize
- 60 Saint Lucia 66.7% compare
- 61 Morocco 66.6% compare
- 62 Tunisia 64.9% compare
- 64 Iran, Islamic Republic of 64.4% compare
- 65 Saudi Arabia 64.3% compare
- 66 Bahamas 62.6% 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 private credit by deposit money banks and other financial in Belize?
- Private credit by deposit money banks and other financial in Belize was 64.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Belize?
- The highest recorded value was 68.6% in 2009.
- What is the lowest private credit by deposit money banks and other financial recorded in Belize?
- The lowest recorded value was 24.8% in 1977.
- How does Belize rank for private credit by deposit money banks and other financial?
- Belize ranks 63rd out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Belize?
- Over the last ten years it is up 8.3%. 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 Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); 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)