Private Sector Credit Statistics in Belize (2026)
In 2024, domestic credit to the private sector in Belize stood at 41.3% of GDP, according to World Bank World Development Indicators data. Down from 42% of GDP in 2023 to 41.3% of GDP in 2024 (−0.8 percentage points). Belize ranks #17 of 31 economies in Latin America & Caribbean on this measure, and #80 of 160 globally.
Key Statistics
- Latest value (2024)
- 41.3% of GDP (2024)
- Private Sector Credit in Belize as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −0.8 pp (2024)
- Down from 42% of GDP in 2023 to 41.3% of GDP in 2024 (−0.8 percentage points).
- Earliest value in this dataset (1990)
- 24.5% of GDP (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 24.5% of GDP in 1990 to 41.3% of GDP in 2024.
- Peak value (2020)
- 55.1% of GDP (2020)
- Highest value in the available series; the 2024 value is 41.3% of GDP.
- Rank in Latin America & Caribbean
- #17 of 31 (2024)
- Belize ranks 17 of 31 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #80 of 160 (2024)
- Belize ranks 80 of 160 countries with data globally.
- Latin America & Caribbean average
- 47.7% of GDP (2024)
- Belize (41.3% of GDP) is below the average of 47.7% of GDP across the 31 countries in Latin America & Caribbean with data.
- Domestic credit to private sector by banks (% of GDP) (2024)
- 41% (2024)
- Related indicator from World Bank World Development Indicators.
- Outstanding loans from commercial banks, percent of GDP (2024)
- 37.5% (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Internet use in Belize (2024)
- 80% (2024)
- 80% of the population in Belize used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 417,072 (2024)
- Belize had a population of 417,072 in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 41.3% | −0.8 pp |
| 2023 | 42% | −0.4 pp |
| 2022 | 42.5% | −5.1 pp |
| 2021 | 47.6% | −7.5 pp |
| 2020 | 55.1% | +9.1 pp |
| 2019 | 46% | +0.6 pp |
| 2018 | 45.3% | +1.0 pp |
| 2017 | 44.4% | −0.4 pp |
| 2016 | 44.7% | −1.2 pp |
| 2015 | 45.9% | +1.2 pp |
| 2014 | 44.7% | −0.2 pp |
| 2013 | 44.9% | −1.6 pp |
| 2012 | 46.5% | −1.1 pp |
| 2011 | 47.6% | −2.2 pp |
| 2010 | 49.8% | −3.0 pp |
| 2009 | 52.9% | +3.5 pp |
| 2008 | 49.4% | +3.9 pp |
| 2007 | 45.6% | +3.3 pp |
| 2006 | 42.2% | +2.1 pp |
| 2005 | 40.1% | −0.1 pp |
| 2004 | 40.2% | +1.5 pp |
| 2003 | 38.6% | +3.1 pp |
| 2002 | 35.5% | +2.6 pp |
| 2001 | 32.9% | +3.0 pp |
| 2000 | 29.9% | −2.2 pp |
| 1999 | 32.1% | −0.8 pp |
| 1998 | 32.9% | +1.9 pp |
| 1997 | 30.9% | +2.8 pp |
| 1996 | 28.1% | +1.5 pp |
| 1995 | 26.7% | +0.4 pp |
| 1994 | 26.3% | +0.6 pp |
| 1993 | 25.7% | −1.1 pp |
| 1992 | 26.7% | −1.0 pp |
| 1991 | 27.7% | +3.2 pp |
| 1990 | 24.5% | — |
Frequently asked questions
What is the latest figure for domestic credit to the private sector in Belize?
Domestic credit to the private sector in Belize stood at 41.3% of GDP in 2024, according to World Bank World Development Indicators data.
Where does the private sector credit data for Belize come from?
The data comes from the World Bank World Development Indicators (indicator FS.AST.PRVT.GD.ZS). The latest observation for Belize is from 2024; the snapshot was retrieved on 2026-06-10.
How has private sector credit in Belize changed over time?
World Bank World Development Indicators data show a rise from 24.5% of GDP in 1990 to 41.3% of GDP in 2024.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FS.AST.PRVT.GD.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .