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Belize Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

Belize's remittances received was $164.8M in 2025, ranked 144th globally. This represents a 6.9% increase from 2024. Data from World Bank, covering 1984–2025.

$164.8M +$10.6M (+6.9%)
Year 2025 Rank #144 Global Peak $164.8M (2025) Source World Bank

Belize Remittances Received (1984–2025)

Overview

Belize's remittances received stood at $164.8M in 2025, a rise of +$10.6M from 2024. Based on recent trends, this figure is projected to reach $164.8M by 2025. Belize ranked 144th globally.

Belize's remittances received have exhibited significant growth over the 42-year period between 1984 and 2025. The all-time peak of 164,777,196.95 in 2025 underscores the substantial increase in outward remittances from Belizeans abroad, surpassing even that of peer countries such as Suriname, which ranked 143 globally with 166,953,149.03 in 2025. Conversely, the all-time trough of 12,968,000.41 in 1994 marks the nadir of remittances, highlighting the vulnerability of the Belizean economy to fluctuations in international migration and remittance trends. Since then, the country has experienced a steady rise in remittances, which now account for a significant portion of Belize's foreign exchange earnings. As international migration patterns continue to evolve, a decline in remittances could be triggered by changes in migration policies or economic conditions in major recipient countries, potentially altering the trajectory of Belize's remittances received.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $181.0M - -
2026* trend $172.9M - -
2025* trend $164.8M - -
2025 $164.8M +$10.6M #144
2024 $154.1M +$4.6M #39
2023 $149.6M +$7.2M #39
2022 $142.4M +$7.1M #39
2021 $135.4M +$14.7M #39
2020 $120.7M +$23.9M #41
2019 $96.8M +$4.3M #40
2018 $92.5M +$2.3M #38
2017 $90.2M −$6.5M #41
2016 $96.7M +$11.9M #43
2015 $84.7M +$4.4M #39
2014 $80.3M +$5.9M #39
2013 $74.4M −$1.5M #40
2012 $75.9M +$622,093 #39
2011 $75.3M −$2.8M #40
Show all years (1984-2025)
* Linear trend extrapolation

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 remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Belize's remittances received?▾

Belize's remittances received was $164.8M in 2025. Ranked 144th globally. This represents a 6.9% increase from the previous year.

What was the highest remittances received in Belize?▾

Belize's remittances received peaked at $164.8M in 2025.

What was the lowest remittances received in Belize?▾

The lowest remittances received in Belize was $13.0M in 1994.

How does Belize rank in remittances received?▾

Belize ranks 144th globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of Belize in 2025?▾

Belize's remittances received is projected to reach $164.8M by 2025 based on trend extrapolation.

What is Belize's remittances received in million?▾

Belize's remittances received was approximately 164.78 million ($164.8M) in 2025.

What is the remittances received of Belize in 2025?▾

The remittances received of Belize in 2025 was $164.8M. This ranks 144th in the world.

Cite this page

APA
Belize Remittances Received. HistorySaid. Retrieved November 15, 2026, from https://historysaid.com/belize/remittances/
BibTeX
@misc{historysaid_belize_remittances, title = {Belize Remittances Received}, url = {https://historysaid.com/belize/remittances/}, publisher = {HistorySaid}, year = {2026} }
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