Belize Debt Service
Total debt service as % of exports DT.TDS.DECT.EX.ZS
Belize's debt service was 0.62% in 2025, ranked 109th globally. This represents a 91.9% decrease from 2024. Data from World Bank, covering 1984–2025.
Overview
Belize's debt service stood at 0.62% in 2025, a decline of +7.05% from 2024. Based on recent trends, this figure is projected to reach 0.62% by 2025. Belize ranked 109th globally.
Belize’s debt‑service ratio has fallen dramatically over the 42‑year series, sliding from a high of 78.95 % in 2007 to a trough of 0.62 % in 2025, the lowest figure recorded and ranking the country 109th globally. The steep decline reflects successive fiscal consolidation measures, improved primary balances and a modest external borrowing profile that have reduced the share of export earnings devoted to interest and principal repayments. By contrast, Algeria, whose 2025 ratio stands at 0.78 %, remains slightly higher, while Iran registers a much lower 0.13 % and Kosovo a higher 1.42 %, underscoring the variability among peers with comparable rankings. The early 2000s peak coincided with a period of rapid credit expansion and commodity price volatility that amplified repayment obligations, whereas the recent trough aligns with a more disciplined budgetary framework and lower debt issuance. Continued prudent debt management and stable growth are likely to keep the ratio near current lows, but any resurgence in borrowing or external shocks could reverse the downward trajectory.
Data & projection
| Year | Debt Service | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -11.04% | - | - |
| 2026* trend | -5.21% | - | - |
| 2025* trend | 0.62% | - | - |
| 2025 | 0.62% | −7.05% | #109 |
| 2024 | 7.67% | +0.32% | #22 |
| 2023 | 7.35% | +1.78% | #22 |
| 2022 | 5.57% | −53.36% | #22 |
| 2021 | 58.93% | +47.91% | #112 |
| 2020 | 11.02% | +1.66% | #40 |
| 2019 | 9.37% | −1.16% | #43 |
| 2018 | 10.53% | +0.46% | #52 |
| 2017 | 10.06% | −0.43% | #50 |
| 2016 | 10.49% | +1.09% | #51 |
| 2015 | 9.41% | +0.97% | #54 |
| 2014 | 8.44% | −4.31% | #55 |
| 2013 | 12.75% | −2.13% | #80 |
| 2012 | 14.88% | +1.04% | #85 |
| 2011 | 13.84% | −1.40% | #86 |
Detected Pattern
Analysis
Belize matched the Export Boom Cycle pattern in 1990. Historically, 71% of countries showing this pattern (546 out of 768) saw debt service improve within 24 months. View full analysis →
Frequently Asked Questions
Belize's debt service was 0.62% in 2025. Ranked 109th globally. This represents a 91.9% decrease from the previous year.
Belize's debt service peaked at 78.95% in 2007.
The lowest debt service in Belize was 0.62% in 2025.
Belize ranks 109th globally in debt service as of 2025.
The World Bank indicator code is DT.TDS.DECT.EX.ZS. Data sourced from World Bank.
Belize's debt service is projected to reach 0.62% by 2025 based on trend extrapolation.
The debt service of Belize in 2025 was 0.62%. This ranks 109th in the world.
Cite this page
@misc{historysaid_belize_debt-service,
title = {Belize Debt Service},
url = {https://historysaid.com/belize/debt-service/},
publisher = {HistorySaid},
year = {2026}
}