Belize Private Credit (% GDP)

Belize's private credit (% GDP) fell to 37.61% in 2024, down from 41.84% in 2023, according to World Bank. This represents a decrease of 4.23% from the previous year. Belize has private credit (% GDP) lower than the global median (37.61% vs median 39.47%). Compared with the median in Americas, Belize is lower (37.61% vs regional median 48.39%) and ranks 22nd out of 32 countries in Americas.

Yearly Historical Data (1976-2024)

(in %)

Year	Private Credit (% GDP)
2024	37.61%
2023	41.84%
2022	42.49%
2021	47.78%
2020	55.2%
2019	45.83%
2018	45.19%
2017	44.37%
2016	44.72%
2015	45.89%
2014	44.69%
2013	44.92%
2012	46.67%
2011	47.74%
2010	49.93%
2009	52.86%
2008	49.39%
2007	45.53%
2006	42.21%
2005	40.09%
2004	40.15%
2003	38.61%
2002	35.52%
2001	32.87%
2000	29.84%
1999	32.05%
1998	32.85%
1997	30.92%
1996	28.09%
1995	26.64%
1994	26.24%
1993	25.64%
1992	26.72%
1991	27.73%
1990	24.52%
1989	23.53%
1988	23.48%
1987	19.75%
1986	19.22%
1985	20.97%
1984	20%
1983	22.35%
1982	21.66%
1981	17.41%
1980	15.02%
1979	23.3%
1978	20.29%
1977	22.39%
1976	26.68%

Belize Private Credit (% GDP) : Definition

Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Belize.