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Belize Poverty Rate

Poverty headcount ratio at $2.15/day  SI.POV.DDAY

Belize's poverty rate was 1.00% in 2018, ranked 44th globally. This represents a 95.6% decrease from 2017. Data from World Bank, covering 1993–2018.

1.00% −21.50pp (-95.6%)
Year 2018 Rank #44 Global Peak 26.10% (1998) Source World Bank

Belize Poverty Rate (1993–2018)

Overview

Belize's poverty rate stood at 1.00% in 2018, a decline of +21.50pp from 1999. Belize ranked 44th globally.

Belize’s poverty rate has fallen dramatically from an early‑record 18.00 % in 1993 to a historic low of 1.00 % in 2018, the same figure recorded by peer nations Albania and Spain and only marginally above Sweden’s 0.90 % rate. The all‑time peak of 26.10 % occurred in 1998, after which the country embarked on a steep downward trajectory that persisted for eight years of World Bank coverage. This reduction reflects extensive social‑protection reforms, expanded access to basic services, and a modest rise in per‑capita income that together lifted large segments of the population out of extreme deprivation. While the 2018 trough positions Belize among the world’s least impoverished economies, sustaining the decline will depend on maintaining fiscal discipline, diversifying the export base, and strengthening climate‑resilience measures that could otherwise reverse the gains. Continued investment in education and health is likely to reinforce the downward trend in poverty.

Data & projection

Year Poverty Rate YoY change Rank
2018 1.00% −21.50pp #44
1999 22.50% −3.60pp #29
1998 26.10% +0.10pp #35
1997 26.00% +2.70pp #27
1996 23.30% +4.90pp #32
1995 18.40% +0.30pp #33
1994 18.10% +0.10pp #18
1993 18.00% – #22

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +16.5% GDP growth 11.3% C/A balance 2.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Belize matched the Export Boom Cycle pattern in 1990. Historically, 71% of countries showing this pattern (546 out of 768) saw poverty rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Belize's poverty rate?▾

Belize's poverty rate was 1.00% in 2018. Ranked 44th globally. This represents a 95.6% decrease from the previous year.

What was the highest poverty rate in Belize?▾

Belize's poverty rate peaked at 26.10% in 1998.

What was the lowest poverty rate in Belize?▾

The lowest poverty rate in Belize was 1.00% in 2018.

How does Belize rank in poverty rate?▾

Belize ranks 44th globally in poverty rate as of 2018.

What is the World Bank indicator code for poverty rate?▾

The World Bank indicator code is SI.POV.DDAY. Data sourced from World Bank.

What is the poverty rate of Belize in 2018?▾

The poverty rate of Belize in 2018 was 1.00%. This ranks 44th in the world.

Cite this page

APA
Belize Poverty Rate. HistorySaid. Retrieved November 14, 2026, from https://historysaid.com/belize/poverty-rate/
BibTeX
@misc{historysaid_belize_poverty-rate, title = {Belize Poverty Rate}, url = {https://historysaid.com/belize/poverty-rate/}, publisher = {HistorySaid}, year = {2026} }
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