Belize Trade Openness
Trade as % of GDP NE.TRD.GNFS.ZS
Belize's trade openness was 119.39% in 2025, ranked 53rd globally. This represents a 9.6% increase from 2024. Data from World Bank, covering 1980–2025.
Overview
Belize's trade openness stood at 119.39% in 2025, a rise of +10.42% from 2024. Based on recent trends, this figure is projected to reach 119.39% by 2025. Belize ranked 53rd globally.
Belize's trade openness has undergone significant fluctuations over the past four decades, with the country's trade openness indicator reaching an all-time high of 119.39 in 2025, ranking it 53rd globally. This level of openness is comparable to that of Bulgaria, which holds the 52nd spot. Since 1980, the indicator has shown a general upward trend, with the exception of a notable decline in 1985, when it reached an all-time low of 67.07. The gradual increase in trade openness over the years reflects Belize's increasing involvement in international trade, driven by its strategic location in Central America. The country's openness is also comparable to that of Austria, which ranks 54th globally with a trade openness indicator of 118.27. Looking ahead, a decline in global trade due to rising protectionism or economic uncertainty could potentially impact Belize's trade openness, necessitating the country to reassess its trade policies and strategies to maintain its position in the global market.
Data & projection
| Year | Trade Openness | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 131.81% | - | - |
| 2026* trend | 125.60% | - | - |
| 2025* trend | 119.39% | - | - |
| 2025 | 119.39% | +10.42% | #53 |
| 2024 | 108.97% | +2.57% | #113 |
| 2023 | 106.40% | −1.44% | #116 |
| 2022 | 107.84% | +8.86% | #122 |
| 2021 | 98.98% | +17.34% | #126 |
| 2020 | 81.64% | −20.80% | #114 |
| 2019 | 102.44% | +1.45% | #129 |
| 2018 | 100.99% | +3.28% | #124 |
| 2017 | 97.71% | +1.21% | #121 |
| 2016 | 96.50% | −7.57% | #123 |
| 2015 | 104.07% | −3.04% | #131 |
| 2014 | 107.11% | −1.56% | #133 |
| 2013 | 108.67% | −2.49% | #131 |
| 2012 | 111.17% | +4.25% | #130 |
| 2011 | 106.91% | +12.06% | #127 |
Detected Pattern
Analysis
Belize matched the Export Boom Cycle pattern in 1990. Historically, 71% of countries showing this pattern (546 out of 768) saw trade openness improve within 24 months. View full analysis →
Frequently Asked Questions
Belize's trade openness was 119.39% in 2025. Ranked 53rd globally. This represents a 9.6% increase from the previous year.
Belize's trade openness peaked at 119.39% in 2025.
The lowest trade openness in Belize was 67.07% in 1985.
Belize ranks 53rd globally in trade openness as of 2025.
The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.
Belize's trade openness is projected to reach 119.39% by 2025 based on trend extrapolation.
The trade openness of Belize in 2025 was 119.39%. This ranks 53rd in the world.
Cite this page
@misc{historysaid_belize_trade-openness,
title = {Belize Trade Openness},
url = {https://historysaid.com/belize/trade-openness/},
publisher = {HistorySaid},
year = {2026}
}