Private credit by deposit money banks to GDP in Belize
Belize: Private credit by deposit money banks to GDP was 64.4% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Belize, 1976–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, private credit by deposit money banks to gdp in Belize stood at 64.4%.
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 to gdp in Belize peaked at 68.6% in 2009 and was at its lowest, 22.4%, in 1980.
Belize ranks 58th of 187 countries on this measure, 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 to GDP in Belize, year by year
| Year | % | Change |
|---|---|---|
| 1976 | 31.8% | — |
| 1977 | 24.8% | -21.8% |
| 1978 | 26.0% | +4.6% |
| 1979 | 25.2% | -2.9% |
| 1980 | 22.4% | -11.1% |
| 1981 | 25.3% | +12.7% |
| 1982 | 30.0% | +18.7% |
| 1983 | 31.0% | +3.2% |
| 1984 | 27.5% | -11.2% |
| 1985 | 28.8% | +4.6% |
| 1986 | 26.3% | -8.7% |
| 1987 | 27.5% | +4.7% |
| 1988 | 31.4% | +14.3% |
| 1989 | 31.8% | +1.2% |
| 1990 | 32.6% | +2.4% |
| 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 | 37.3% | +5.9% |
| 1997 | 41.3% | +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 | 51.5% | +8.6% |
| 2004 | 53.5% | +3.9% |
| 2005 | 53.6% | +0.2% |
| 2006 | 55.4% | +3.3% |
| 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% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.0% | 24.8% | 31.8% | 4 |
| 1980s | 28.2% | 22.4% | 31.8% | 10 |
| 1990s | 37.7% | 32.6% | 44.3% | 10 |
| 2000s | 54.0% | 40.8% | 68.6% | 10 |
| 2010s | 57.3% | 53.8% | 63.2% | 10 |
| 2020s | 65.2% | 64.4% | 65.9% | 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 private credit by deposit money banks to gdp in Belize?
- Private credit by deposit money banks to gdp 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 to gdp recorded in Belize?
- The highest recorded value was 68.6% in 2009.
- What is the lowest private credit by deposit money banks to gdp recorded in Belize?
- The lowest recorded value was 22.4% in 1980.
- How does Belize rank for private credit by deposit money banks to gdp?
- Belize ranks 58th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp 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 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 (IFS line 22d); 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).