Belize Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Belize's real effective exchange rate was 106.28 in 2024, ranked 63rd globally. This represents a 1.2% increase from 2023. Data from BIS, covering 1980–2024.
Overview
Belize's real effective exchange rate stood at 106.28 in 2024, a rise of +1.23 from 2023. Based on recent trends, this figure is projected to reach 106.57 by 2025. Belize ranked 63rd globally.
Belize's real effective exchange rate has fluctuated over the 45-year period, ranging from 110.85 in 1980 to 141.24 in 1985, its all-time peak. Conversely, the rate hit its all-time trough of 95.37 in 2011. The country's current real effective exchange rate stands at 106.28, ranking #63 globally. This is comparable to peer countries such as New Zealand, which also holds a real effective exchange rate of 106.18. Since 1985, Belize's exchange rate has experienced a moderate decline, suggesting a gradual shift in purchasing power. The 2011 trough indicates a significant adjustment in the country's economic competitiveness. The recent stabilization of the exchange rate in the mid-100s may indicate a period of relative stability, but a significant appreciation or depreciation could alter the trajectory. A shift in global commodity prices, particularly in relation to major trading partners such as the United States, could impact Belize's exchange rate and its economic competitiveness.
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 107.94 | - | - |
| 2026* trend | 107.25 | - | - |
| 2025* trend | 106.57 | - | - |
| 2024 | 106.28 | +1.23 | #63 |
| 2023 | 105.05 | +0.15 | #64 |
| 2022 | 104.90 | +2.95 | #70 |
| 2021 | 101.95 | −2.45 | #66 |
| 2020 | 104.40 | +0.41 | #76 |
| 2019 | 103.99 | +0.43 | #76 |
| 2018 | 103.56 | −1.29 | #75 |
| 2017 | 104.84 | −0.16 | #78 |
| 2016 | 105.01 | +2.15 | #77 |
| 2015 | 102.86 | +6.41 | #71 |
| 2014 | 96.44 | +0.96 | #28 |
| 2013 | 95.49 | −1.49 | #15 |
| 2012 | 96.98 | +1.61 | #33 |
| 2011 | 95.37 | −4.63 | #12 |
| 2010 | 100.00 | −2.60 | #17 |
Detected Pattern
Analysis
Belize matched the Export Boom Cycle pattern in 1990. Historically, 71% of countries showing this pattern (546 out of 768) saw real effective exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Belize's real effective exchange rate was 106.28 in 2024. Ranked 63rd globally. This represents a 1.2% increase from the previous year.
Belize's real effective exchange rate peaked at 141.24 in 1985.
The lowest real effective exchange rate in Belize was 95.37 in 2011.
Belize ranks 63rd globally in real effective exchange rate as of 2024.
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Belize's real effective exchange rate is projected to reach 106.57 by 2025 based on trend extrapolation.
The real effective exchange rate of Belize in 2024 was 106.28. This ranks 63rd in the world.
Cite this page
@misc{historysaid_belize_reer,
title = {Belize Real Effective Exchange Rate},
url = {https://historysaid.com/belize/reer/},
publisher = {HistorySaid},
year = {2026}
}