Page 161 - Caribbean-Central America Profile 2018

BELIZE

CARIBBEAN-CENTRAL AMERICA PROFILE 2018

BELIZE TRADE & INVESTMENT Country Profile
DEVELOPMENT SERVICE 1990 2000 2010 2016
(BELTRAIDE) World view
The Belize Trade and Investment Development Population, total (millions) 0.19 0.25 0.32 0.37
Service (BELTRAIDE) is a statutory body of Population growth (annual %) 2.2 3.4 2.4 2.1
the Government of Belize. Beltraide is keen Surface area (sq. km) (thousands) 23.0 23.0 23.0 23.0
10.8
8.2
Population density (people per sq. km of land area)
14.1
16.1
on attracting highly qualified investments, Poverty headcount ratio at national poverty lines (% of population) .. .. .. ..
developing small and medium enterprises, Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population) 10.1 13.9 .. ..
as well as, promoting the “Made in Belize” GNI, Atlas method (current US$) (billions) 0.41 0.78 1.26 1.62
products. GNI per capita, Atlas method (current US$) 2,210 3,150 3,910 4,410
GNI, PPP (current international $) (billions) 0.61 1.28 2.20 2.94
BELTRAIDE GNI per capita, PPP (current international $) 3,260 5,160 6,850 8,000
# 14 Orchid Garden St, People
Belmopan City, Belize Income share held by lowest 20% 3.0 3.2 70 .. 70 ..
68
71
Life expectancy at birth, total (years)
Tel: (501) 822-3737 Fertility rate, total (births per woman) 4.5 3.6 2.7 2.5
Fax: (501) 822-0595 Adolescent fertility rate (births per 1,000 women ages 15-19) 126 97 72 65
E-mail: BELTRAIDE@belizeinvest.org.bz Contraceptive prevalence, any methods (% of women ages 15-49) 47 56 55 ..
Website: www.belizeinvest.org.bz Births attended by skilled health staff (% of total) 77 100 94 94
Mortality rate, under 5 (per 1,000 live births) 40 25 19 17
TRADE AGREEMENTS AND Prevalence of underweight, weight for age (% of children under 5) 5.4 .. 6.2 ..
INVESTMENT TREATIES Immunization, measles (% of children ages 12-23 months) 86 96 98 95
100
94
101
104
Belize enjoys benefits under trade agreements Primary completion rate, total (% of relevant age group) 112.7 115.9 112.6 113.1
School enrollment, primary (% gross)
with several developed countries, including: School enrollment, secondary (% gross) 61 68 75 81
• Preferential market access to the Caribbean School enrollment, primary and secondary (gross), gender parity index (GPI) 1 1 1 1
Common Market (CARICOM). Prevalence of HIV, total (% of population ages 15-49) 0.1 0.6 1.8 1.8
• Preferential treatment from the USA under Environment
the Caribbean Basin Initiative (CBI). Forest area (sq. km) (thousands) 16.2 14.6 13.9 13.7
• Duty free access to the European Union Terrestrial and marine protected areas (% of total territorial area) 10.1 17.8 .. .. 18.6
0.7
0.1
0.7
Annual freshwater withdrawals, total (% of internal resources)
for most products under the Cotonou Improved water source (% of population with access) 73 85 97 100
Agreement. Improved sanitation facilities (% of population with access) 76 83 89 91
• Under CARIBCAN, certain Belizean goods Urban population growth (annual %) 1.8 3.4 1.8 1.8
enter Canada duty free. Energy use (kg of oil equivalent per capita) 566 .. 597 ..
CO2 emissions (metric tons per capita) 1.66 1.60 1.68 1.41
GOVERNMENT Electric power consumption (kWh per capita) .. .. .. ..
The Government of Belize is operated on Economy
the principles of Parliamentary Democracy GDP (current US$) (billions) 0.41 0.83 1.40 1.77
0.8
GDP growth (annual %)
10.6
13.0
3.3
based on the Westminster System. The country Inflation, GDP deflator (annual %) 2.8 0.5 1.1 2.1
is a sovereign, democratic state. A Prime Agriculture, value added (% of GDP) 20 17 13 11
Minister and Cabinet make up the Executive Industry, value added (% of GDP) 22 21 22 18
Branch, while a 31-member elected House of Services, etc., value added (% of GDP) 58 62 65 71
Representatives and a nine-member appointed Exports of goods and services (% of GDP) 62 53 58 57
Senate forms a bi-cameral legislature. Imports of goods and services (% of GDP) 60 74 57 68
Gross capital formation (% of GDP) 26 32 13 20
Her Majesty Queen Elizabeth II is the Revenue, excluding grants (% of GDP) 25.4 20.4 27.3 26.6
constitutional Head of State. A Governor- Net lending (+) / net borrowing (-) (% of GDP) -0.6 -5.7 -0.8 -3.6
General, who must be a Belizean, represents States and markets .. .. 43 43
Time required to start a business (days)
her in Belize. The Cabinet consists of a Prime Domestic credit provided by financial sector (% of GDP) 26.7 43.5 69.6 72.4
Minister, other Ministers and Ministers of State Tax revenue (% of GDP) 21.4 17.8 23.6 23.4
who are appointed by the Governor-General Military expenditure (% of GDP) 1.2 0.9 1.1 1.2
on the advice of the Prime Minister, the person Mobile cellular subscriptions (per 100 people) 0.0 7.0 62.9 63.9
commanding the support of the majority party Individuals using the Internet (% of population) 0.0 6.0 28.2 44.6
in the House of Representatives. Five Senators High-technology exports (% of manufactured exports) 0 .. 0 .. 61 5 62 0
Overall level of statistical capacity (scale 0-100)
are appointed by the Governor-General on the Global links
advice of the Prime Minister, two on the advice Merchandise trade (% of GDP) 83 89 85 81
of the Leader of the Opposition, and one on the Net barter terms of trade index (2000 = 100) .. 100 100 101
advice of the Belize Advisory Council. External debt stocks, total (DOD, current US$) (millions) 143 630 1,303 1,330
Total debt service (% of exports of goods, services and primary income) 7.2 17.9 15.2 8.4
The Speaker of the House of Representatives and Net migration (thousands) -9 6 8 ..
the President of the Senate are elected either from Personal remittances, received (current US$) (millions) 18 25 78 87
among the members of these Houses (providing Foreign direct investment, net inflows (BoP, current US$) (millions) 17 30 96 59
they are not ministers) or from among persons Net official development assistance received (current US$) (millions) 30.3 16.3 25.0 27.3
who are not members of either House. Figures in italics refer to periods other than those specified. Source: World Development Indicators database.
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