Belize External Debt
Total external debt stocks DT.DOD.DECT.CD
Belize's external debt was $1.5B in 2025, ranked 104th globally. This represents a 0.9% decrease from 2024. Data from World Bank, covering 1970–2025.
Overview
Belize's external debt stood at $1.5B in 2025, a decline of +$14.8M from 2024. Based on recent trends, this figure is projected to reach $1.5B by 2025. Belize ranked 104th globally.
Belize’s external debt has risen sharply from a modest 4,084,800.00 in 1970 to 1,544,186,686.34 in 2025, placing the country at rank 104 globally. The upward trajectory culminated in an all‑time peak of 1,558,943,630.70 in 2024, just before the latest figure was recorded. This expansion mirrors the debt profiles of peers such as Somalia, whose external obligations stand at 1,554,615,576.79, and Haiti, with 1,582,336,092.43, indicating that Belize is part of a group of small economies experiencing comparable borrowing pressures. The 56‑year coverage period shows that debt growth has been persistent rather than episodic, suggesting structural financing needs rather than short‑term shocks. If fiscal consolidation measures or enhanced export earnings materialize, the current upward trend could be moderated; absent such adjustments, external debt is likely to continue climbing in the near term.
Data & projection
| Year | External Debt | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $1.6B | - | - |
| 2026* trend | $1.6B | - | - |
| 2025* trend | $1.5B | - | - |
| 2025 | $1.5B | −$14.8M | #104 |
| 2024 | $1.6B | +$40.6M | #18 |
| 2023 | $1.5B | +$47.1M | #18 |
| 2022 | $1.5B | +$19.1M | #18 |
| 2021 | $1.5B | −$75.7M | #18 |
| 2020 | $1.5B | +$150.0M | #20 |
| 2019 | $1.4B | +$28.5M | #19 |
| 2018 | $1.3B | +$10.0M | #19 |
| 2017 | $1.3B | +$48.6M | #19 |
| 2016 | $1.3B | +$10.5M | #21 |
| 2015 | $1.3B | −$6.5M | #23 |
| 2014 | $1.3B | +$37.7M | #23 |
| 2013 | $1.2B | +$52.8M | #23 |
| 2012 | $1.2B | −$78.3M | #23 |
| 2011 | $1.3B | −$29.2M | #28 |
Detected Pattern
Analysis
Belize matched the Export Boom Cycle pattern in 1990. Historically, 71% of countries showing this pattern (546 out of 768) saw external debt improve within 24 months. View full analysis →
Frequently Asked Questions
Belize's external debt was $1.5B in 2025. Ranked 104th globally. This represents a 0.9% decrease from the previous year.
Belize's external debt peaked at $1.6B in 2024.
The lowest external debt in Belize was $4.1M in 1970.
Belize ranks 104th globally in external debt as of 2025.
The World Bank indicator code is DT.DOD.DECT.CD. Data sourced from World Bank.
Belize's external debt is projected to reach $1.5B by 2025 based on trend extrapolation.
Belize's external debt was approximately 1.54 billion ($1.5B) in 2025.
The external debt of Belize in 2025 was $1.5B. This ranks 104th in the world.
Cite this page
@misc{historysaid_belize_external-debt,
title = {Belize External Debt},
url = {https://historysaid.com/belize/external-debt/},
publisher = {HistorySaid},
year = {2026}
}