Country Listing

Belize Table of Contents

Belize

ECONOMY

Gross Domestic Product (GDP): US$373 million, or US$1,958 per capita in 1991.

Agriculture: Although its relative importance to economy declined during the 1980s, agriculture remained one of the largest sectors in economy accounting for 15 percent of GDP in 1990. Three crops--sugar, citrus fruits, and bananas--predominated.

Manufacturing: Small but growing segment of the economy, accounting for 12 percent of the GDP in 1989, consisted primarily of sugar refining and garment industry.

Exports: US$108 million in 1990 (estimated). Major commodities included sugar, clothing, shrimp, molasses, citrus, and bananas.

Imports: US$194 million in 1990 (estimated). Major commodities: machinery, food, manufactured goods, fuel, chemicals, and pharmaceuticals.

Foreign Debt: US$158 million (December 1990).

Currency: Belizean dollar (Bz$) divided into 100 cents. In 1991 US$1=Bz$2 (fixed rate).

Fiscal year: April 1 to March 31.

Data as of January 1992