Skip to content

Economy of Belize vs Burundi compared: GDP & Debt

Updated on by Georank team

Belize has a GDP of $3.2B compared to $3.08B for Burundi, ranking 168/197 and 169/197 by economy size, respectively.

Belize has $2.1B in government debt (65.4% of GDP), compared to $1.6B (52% of GDP) in Burundi.

Belize vs Burundi GDP by year

Belize
Burundi
1x
Year GDP, current $
Belize Burundi
2024 $3,203,631,800 $3,082,433,067
2023 $3,052,362,650 $3,430,949,250
2022 $2,846,604,350 $4,036,192,553
2021 $2,428,606,250 $3,435,598,073
2020 $2,047,284,600 $3,227,847,281
2019 $2,381,187,850 $2,871,555,326
2018 $2,285,915,050 $2,913,411,408
2017 $2,266,028,250 $2,831,362,208
2016 $2,239,604,950 $2,618,093,125
2015 $2,193,095,150 $2,810,532,912
2014 $2,138,242,200 $2,705,826,648
2013 $2,035,191,450 $2,451,624,638
2012 $1,917,083,500 $2,327,402,363
2011 $1,831,576,700 $2,235,812,880
2010 $1,748,988,400 $2,032,135,192
2009 $1,688,012,750 $1,775,495,032
2008 $1,738,453,600 $1,611,835,857
2007 $1,706,190,450 $1,356,199,387
2006 $1,590,463,100 $1,273,375,078
2005 $1,474,298,400 $1,117,113,080
2004 $1,400,202,000 $915,257,323
2003 $1,308,280,250 $784,654,424
2002 $1,243,912,050 $825,394,519
2001 $1,172,045,150 $876,794,723
2000 $1,138,138,100 $870,486,066
1999 $999,713,050 $808,077,223
1998 $929,047,000 $893,770,740
1997 $872,916,050 $972,896,268
1996 $850,339,100 $869,033,856
1995 $818,590,250 $1,000,428,394
1994 $771,838,000 $925,030,590
1993 $752,255,150 $938,632,612
1992 $695,741,150 $1,083,037,671
1991 $596,682,100 $1,167,398,478
1990 $546,750,912 $1,132,101,253
1989 $491,100,000 $1,113,924,130
1988 $421,450,000 $1,082,403,219
1987 $371,100,000 $1,131,466,494
1986 $311,500,000 $1,201,725,497
1985 $287,300,000 $1,149,979,286
1984 $290,350,000 $987,143,931
1983 $262,150,000 $1,082,926,304
1982 $248,550,000 $1,013,222,222
1981 $260,750,000 $969,046,667
1980 $257,400,000 $919,726,667
1979 $151,800,000 $782,496,667
1978 $136,300,000 $610,225,556
1977 $117,650,000 $547,535,556
1976 $97,094,227 $448,412,754
1975 $118,194,026 $420,986,667
1974 $103,160,450 $345,263,492
1973 $78,214,768 $304,339,524
1972 $65,998,069 $246,804,571
1971 $59,074,687 $252,842,286
1970 $53,339,893 $242,732,571
1969 $47,399,905 $190,205,714
1968 $44,999,910 $183,200,000
1967 $47,431,256 $178,297,143
1966 $44,450,044 $165,444,571
1965 $40,110,040 $158,994,963
1964 $36,194,586 $260,750,008
1963 $33,750,114 $232,749,998
1962 $31,857,592 $213,500,006
1961 $29,965,000 $202,999,992
1960 $28,072,478 $195,999,990

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/belize/burundi | CC BY

GDP per capita in Belize vs Burundi by year

Belize
GDP per capita

GDP per capita, PPP
Burundi
GDP per capita

GDP per capita, PPP
1x
Year Current $
Belize Burundi
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,681 $14,347 $219.4 $1,195
2023 $7,425 $13,730 $250.6 $1,150
2022 $7,068 $13,461 $303 $1,105
2021 $6,143 $11,716 $265 $1,036
2020 $5,239 $9,639 $255.8 $958
2019 $6,172 $10,500 $234.3 $868
2018 $6,012 $9,497 $245.7 $823
2017 $6,072 $9,121 $246.1 $791
2016 $6,141 $9,399 $232.9 $764
2015 $6,155 $9,538 $254.4 $722
2014 $6,128 $9,490 $250.5 $724
2013 $5,957 $9,526 $234.8 $687
2012 $5,733 $9,303 $231.1 $637
2011 $5,596 $9,722 $230.1 $629
2010 $5,461 $9,748 $216.7 $614
2009 $5,400 $9,728 $198.4 $605
2008 $5,712 $9,975 $189.5 $609
2007 $5,762 $10,226 $166.2 $594
2006 $5,525 $9,910 $161.9 $580
2005 $5,270 $9,466 $147.2 $553
2004 $5,154 $9,245 $125.2 $552
2003 $4,960 $8,850 $111.4 $532
2002 $4,859 $8,154 $121 $545
2001 $4,719 $7,852 $132.2 $528
2000 $4,727 $7,544 $134.5 $519
1999 $4,290 $6,790 $127.5 $523
1998 $4,126 $6,333 $144.5 $533
1997 $4,014 $6,243 $160.3 $513
1996 $4,043 $6,087 $143.2 $513
1995 $4,010 $6,091 $164.9 $548
1994 $3,877 $6,073 $161.9 $619
1993 $3,860 $6,075 $165.3 $634
1992 $3,643 $5,706 $184.9 $640
1991 $3,190 $5,053 $204.7 $636
1990 $2,986 $4,467 $202.6 $598
1989 $2,742 - $203.6 -
1988 $2,406 - $201.7 -
1987 $2,166 - $215.6 -
1986 $1,859 - $234.3 -
1985 $1,754 - $228.4 -
1984 $1,814 - $200.4 -
1983 $1,677 - $225.2 -
1982 $1,629 - $216.4 -
1981 $1,753 - $212.2 -
1980 $1,774 - $209.8 -
1979 $1,071 - $186.2 -
1978 $983 - $148.8 -
1977 $866 - $137.4 -
1976 $729 - $115.5 -
1975 $906 - $110.9 -
1974 $805 - $93.2 -
1973 $619 - $84.3 -
1972 $529 - $68.2 -
1971 $481 - $69.9 -
1970 $442 - $68.8 -
1969 $402 - $55.1 -
1968 $392 - $54.2 -
1967 $426 - $54 -
1966 $412 - $51.4 -
1965 $383 - $50.6 -
1964 $356 - $85.3 -
1963 $342 - $78.4 -
1962 $332 - $73.4 -
1961 $320 - $71.6 -
1960 $307 - $70.9 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/belize/burundi | CC BY

Belize's GDP per capita is $7,681, ranking 98/197, compared to $219.4 in Burundi, ranking 197/197. Adjusted for purchasing power (GDP per capita PPP), Belize ranks 117th at $14,347, while Burundi ranks 196th at $1,195.

Economic indicators

Belize Burundi
Gross domestic product
$3.2B
2024
$3.08B
2024
GDP rank
168/197
2024
169/197
2024
GDP growth
3.5%
2023-2024
4.11%
2023-2024
GDP per capita
$7,681
2024
$219.4
2024
GDP per capita rank
98/197
2024
197/197
2024
GDP per capita, PPP
$14,347
2024
$1,195
2024
GDP per capita PPP rank
117/197
2024
196/197
2024
Government debt
$2.1B
2024
$1.6B
2024
Debt-to-GDP ratio
65.4%
2024
52%
2024
Government debt per person
$5,026
2024
$114.1
2024
Government debt per person rank
78/185
2024
184/185
2024
Average annual personal income after taxes
$9,204
2026
$1,228
2026
Number of billionaires
1
2025
n/a
Income share by richest 10%
30%
2018
29.9%
2020
Income share by poorest 10%
2.2%
2018
2.9%
2020
Government expenditure, % of GDP
26.3%
2024
22.3%
2024
Consumer prices inflation
3.3%
2023-2024
20.2%
2023-2024
Unemployment rate
29.3%
2020
1.03%
2020
Population
430409
14833763

Spending and national debt comparison by year

Belize
Spending

Debt
Burundi
Spending

Debt
1x
Year % of GDP
Belize Burundi
Government spending Government debt Government spending Government debt
2024 26.3% 65.4% 22.3% 52%
2023 25.8% 67.5% 28.4% 58.1%
2022 23.4% 66.8% 33.5% 68.5%
2021 25.7% 82.2% 28.4% 66.5%
2020 33.2% 103% 29.2% 65.9%
2019 27.5% 78.6% 28.8% 60.1%
2018 26.9% 79% 26% 53%
2017 27.7% 78.1% 24.1% 46.9%
2016 27.7% 70.5% 22.6% 46.1%
2015 27.9% 65.1% 23.2% 39.9%
2014 24.8% 61.5% 28.5% 38%
2013 23.8% 62.8% 34.8% 37.9%
2012 22.1% 63.1% 37.5% 41.4%
2011 23.5% 66.2% 42.2% 42.7%
2010 23.3% 68.4% 40.8% 46.9%
2009 23.2% 69.7% 38% 25.7%
2008 21.8% 64.7% 41.2% 102.5%
2007 22.1% 66.4% 39% 129.6%
2006 21.2% 71.4% 36.5% 130.3%
2005 21.4% 72.7% 33.1% 137%
2004 21.7% 70.7% 39.2% 166.1%
2003 24.6% 67.2% 33.9% 159.9%
2002 24.4% 53.2% 21.9% 144.8%
2001 25.9% 49.5% 22.7% 113.6%
2000 23.2% 79% 21.7% 120%
1999 23.6% 41.5% 20.5% 140.6%
1998 20.9% 38.7% 19.9% 138.9%
1997 19.9% 39.4% 18.8% 122.8%
1996 19.9% 38.4% 24.4% 139.4%
1995 - - 22.1% 117.1%
1994 - - 19.4% 119.6%
1993 - - 24% 112%
1992 - - 26.1% 93.5%
1991 - - 19.2% -
1990 - - 17.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1992–2000, retrieved 2026-02-20).

GeoRank.org/economy/belize/burundi | CC BY

In 2024, Belize's government spending was $842M, accounting for 26.3% of its GDP, while Burundi spent $689M, or 22.3% of GDP.

Debt-to-GDP ratio is 65.4% in Belize and 52% in Burundi, ranking 67/185 and 101/185, respectively.

Government deficit by year

Deficit/surplus
Belize

Burundi
1x
Year Deficit/surplus, % of GDP
Belize Burundi
2024 -1.23% -4.84%
2023 -2.42% -7.7%
2022 -1.04% -10.7%
2021 -3.29% -4.6%
2020 -8.57% -6.58%
2019 -2.9% -6.4%
2018 -1.37% -6.66%
2017 -3.48% -5.01%
2016 -4.47% -7.11%
2015 -5.14% -7.56%
2014 -1.72% -3.93%
2013 -1.21% -1.9%
2012 -0.22% -3.79%
2011 -1.06% -3.49%
2010 -1.9% -3.64%
2009 -2.46% -5.14%
2008 1.25% -2.7%
2007 -0.19% -2.51%
2006 -2.27% -9.92%
2005 -3.7% -10.6%
2004 -4.52% -14.9%
2003 -8.41% -13.7%
2002 -5.41% -4.9%
2001 -7.23% -7.78%
2000 -6.68% -5.66%
1999 -6.51% -5.33%
1998 -2.69% -4.43%
1997 -1.81% -4.48%
1996 -1.76% -8.61%
1995 - -3.72%
1994 - -1.76%
1993 - -1.22%
1992 - -4.16%
1991 - 4.14%
1990 - 8.14%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/belize/burundi | CC BY

In 2024, Belize's government deficit, the difference between spending and revenue, was $39.4M, equivalent to 1.23% of GDP. This compares to Burundi's deficit of $149M, or 4.84% of GDP.

Over the past 29 years, Belize recorded a fiscal deficit in 28 of those years, while Burundi ran a deficit in 29 years. On average, Belize posted an annual deficit equal to 3.19% of GDP, compared to deficit of 6.36% of GDP for Burundi.

Inflation comparison by year

Inflation
Belize

Burundi
1x
Year Consumer prices inflation
Belize Burundi
2024 3.3% 20.2%
2023 4.4% 26.9%
2022 6.3% 18.8%
2021 3.2% 8.4%
2020 0.1% 7.32%
2019 0.2% -0.69%
2018 0.3% -2.81%
2017 1.1% 16.1%
2016 0.7% 5.56%
2015 -0.9% 5.54%
2014 1.2% 4.41%
2013 0.5% 7.94%
2012 1.2% 18.2%
2011 1.7% 9.59%
2010 0.9% 6.49%
2009 -1.1% 10.6%
2008 6.4% 24.4%
2007 2.3% 8.41%
2006 4.2% 2.75%
2005 3.7% 13.3%
2004 3.1% 8.18%
2003 2.6% 10.6%
2002 2.2% -1.37%
2001 1.1% 9.3%
2000 0.6% 24.4%
1999 -1.2% 3.39%
1998 -0.8% 12.5%
1997 1% 31.1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/belize/burundi | CC BY

Over the past 28 years, Belize has recorded an average annual inflation rate of 1.73%, compared with 11.1% in Burundi. In 2024, inflation was 3.3% in Belize and 20.2% in Burundi.

Top exports between countries

Belize
Export category Export value
Burundi
Export category Export value
Textiles & consumer goods $18K
Machinery & equipment $5K
Metals $2K

Balance of trade

Belize Burundi
Current account balance
-$51.7M
2024
-$475M
2024
Current account balance ranking
84/190
2024
105/190
2024
Current account balance, % of GDP
-1.61%
2024
-15.4%
2024
Goods imports
$1.36B
2024
$959M
2024
Goods exports
$482M
2024
$230M
2024
Service imports
$362M
2024
$361M
2024
Service exports
$1.16B
2024
$121M
2024
Imports of goods and services, % of GDP
53.7%
2024
24.4%
2023
Exports of goods and services, % of GDP
55.2%
2024
5.29%
2023

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Belize Burundi
Economic freedom 64.7 40.2
Economic freedom ranking 71/197 187/197
Property rights 46.3 27.2
Government integrity 46.2 15.5
Judicial effectiveness 73.9 7.5
Tax burden 81.8 76.1
Government spending 81 76.3
Fiscal health 87.5 14.6
Business freedom 67.2 27.2
Labor freedom 57.6 49.9
Monetary freedom 72.6 55.5
Trade freedom 57.8 52.2
Investment freedom 55 50
Financial freedom 50 30

Economic freedom comparison by year

Belize
Burundi
1x
Year Economic freedom index
Belize Burundi
2026 64.7 40.2
2025 64.2 39.7
2024 61.2 38.4
2023 59.8 41.9
2022 56.6 39.4
2021 57.5 49.9
2020 57.4 49
2019 55.4 48.9
2018 57.1 50.9
2017 58.6 53.2
2016 57.4 53.9
2015 56.8 53.7
2014 56.7 51.4
2013 57.3 49
2012 61.9 48.1
2011 63.8 49.6
2010 61.5 47.5
2009 63 48.8
2008 63 46.2
2007 63.3 46.9
2006 64.7 48.7
2005 64.5 -
2004 62.8 -
2003 63.5 -
2002 65.6 -
2001 65.9 -
2000 63.3 42.6
1999 60.7 41.1
1998 59.1 44.7
1997 64.3 45.4
1996 61.6 -
1995 62.9 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/belize/burundi | CC BY

The Economic Freedom Index for Belize is 64.7, ranking 71/197, compared to 40.2 for Burundi, ranking 187/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Belize Burundi
Services, % of GDP
62.4%
2024
43.2%
2024
Industry, % of GDP
14.6%
2024
17.7%
2024
Agriculture, forestry, and fishing, % of GDP
7.95%
2024
34.9%
2024
GNI, Atlas method
$2.98B
2024
$3.61B
2024
GNI per capita, PPP
$13,760
2024
$1,200
2024
Total reserves including gold
$498M
2024
$90.3M
2023
Total reserves ranking
156/177
2024
174/177
2023
Net foreign direct investment
-$126M
2024
-$24.8M
2024
Net inflows of foreign direct investment
$128M
2024
$33.3M
2024
Net outflows of foreign direct investment
$2.61M
2024
$8.51M
2024
Servicing debt to the IMF, % of GNI
4.15%
2024
1.16%
2024
Poverty at national poverty lines
52%
2018
51%
2020
Gross capital formation, % of GDP
19.8%
2024
10%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/belize/burundi | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1992–2000, retrieved 2026-02-20)
  6. TradeMap (2022, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.