austerity program in 1997 resulted in an economic slowdown that continued in 1998. The trade deficit has been growing, mostly as a result of low export prices for sugar and bananas. The tourist and construction sectors strengthened in early 1999, supporting growth of 6% in 1999 and 4% in 2000. Aided by international donors, the government's key short-term objective remains the reduction of poverty.
GDP: purchasing power parity - $790 million (2000 est.)
GDP - real growth rate: 4% (2000 est.)
GDP - per capita: purchasing power parity - $3,200 (2000 est.)
GDP - composition by sector: agriculture: 18%
industry: 24%
services: 58% (2000 est.)
Population below poverty line: 33% (1999 est.)
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 2% (2000 est.)
Labor force: 71,000
note: shortage of skilled labor and all types of technical personnel (1997 est.)
Labor force - by occupation: agriculture 38%, industry 32%, services 30% (1994)
Unemployment rate: 12.8% (1999)
Budget: revenues: $157 million
expenditures: $279 million, including capital expenditures of $NA (1999 est.)
Industries: garment production, food processing, tourism, construction
Industrial production growth rate: 4.6% (1999)
Electricity - production: 185 million kWh (1999)
Electricity - production by source: fossil fuel: 56.76%
hydro: 43.24%
nuclear: 0%
other: 0% (1999)
Electricity - consumption: 172.1 million kWh (1999)
Electricity - exports: 0 kWh (1999)
Electricity - imports: 0 kWh (1999)
Agriculture - products: bananas, coca, citrus, sugarcane; lumber; fish, cultured shrimp
Exports: $235.7 million (f.o.b., 2000 est.)
Exports - commodities: sugar, bananas, citrus, clothing, fish products, molasses, wood
Exports - partners: US 42%, UK 33%, EU 12%, Caricom 4.8%, Canada 2%,
Mexico 1% (1999)
Imports: $413 million (c.i.f., 2000 est.)
Imports - commodities: machinery and transportation equipment, manufactured goods; food, beverages, tobacco; fuels, chemicals, pharmaceuticals
Imports - partners: US 58%, Mexico 12%, UK 5% EU 5%, Central America 5%, Caricom 4% (1998)
Debt - external: $338 million (1998)
Economic aid - recipient: $NA
Currency: Belizean dollar (BZD)
Currency code: BZD
Exchange rates: Belizean dollars per US dollar - 2.0000 (fixed rate pegged to the US dollar)
Fiscal year: 1 April - 31 March
Belize Communications
Telephones - main lines in use: 31,000 (1997)
Telephones - mobile cellular: 3,023 (1997)
Telephone system: general assessment: above-average system
domestic: trunk network depends primarily on microwave radio relay
international: satellite earth station - 1 Intelsat (Atlantic Ocean)
Radio broadcast stations: AM 1, FM 12, shortwave 0 (1998)
Radios: 133,000 (1997)
Television broadcast stations: 2 (1997)
Televisions: 41,000 (1997)
Internet country code: .bz
Internet Service Providers (ISPs): 2 (2000)
Internet users: 12,000 (2000)
Belize Transportation
Railways: 0 km
Highways: total: 2,872 km
paved: 488 km
unpaved: 2,384 km (1998 est.)
Waterways: 825 km (river network used by shallow-draft craft; seasonally navigable)
Ports and harbors: Belize City, Big Creek, Corozol, Punta Gorda
Merchant marine: total: 402 ships (1,000 GRT or over) totaling 1,575,851 GRT/2,241,731 DWT
ships by type: bulk 27, cargo 265, chemical tanker 6, combination ore/oil 1, container 14, passenger 1, passenger/cargo 2, petroleum tanker 56, refrigerated cargo 18, roll on/roll off 7, short-sea passenger 1, specialized tanker 1, vehicle carrier 3
note: includes some foreign-owned ships registered here as a flag of convenience: Cuba 1, Singapore 1, US 1 (2000 est.)
Airports: 44 (2000 est.)
Airports - with paved runways: total: 4
1,524 to 2,437 m: 1
914 to 1,523 m: 1
under 914 m: 2 (2000 est.)
Airports - with unpaved runways: total: 40
2,438 to 3,047 m: 1
914 to 1,523 m: 10
under 914 m: 29 (2000 est.)
Belize Military
Military branches: Belize Defense Force (includes Army, Maritime
Wing, Air Wing, and Volunteer Guard)
Military manpower - military age: 18 years of age
Military manpower - availability: males age 15–49: 62,698 (2001 est.)
Military manpower - fit for military service: males age 15–49: 37,174 (2001 est.)
Military manpower - reaching military age
