Belize vs Germany: Economic Indicators Comparison

Germany with a GDP of $3.9T ranked the 4th largest economy in the world, while Belize ranked 176th with $1.9B. By GDP 5-years average growth and GDP per capita, Germany and Belize ranked 136th vs 122nd and 19th vs 109th, respectively.

Gross Domestic Product & Income

StatBelizeGermany
GDP$1.9B$3.9T
GDP growth, 1 year3%1.5%
GDP growth, 5-years average2.2%1.9%
Population375k83.1M
GDP per capita$4.9k$48k
GDP per capita growth1.07%1.2%
Purchasing Power Parity conversion factor1.130.76
Price level ratio of PPP conversion factor GDP to market exchange rate0.560.9
GDP per capita, PPP adjusted$8.5k$53k
GNI, Atlas method$1.7B$3.9T
GNI per capita$4.5k$47k
GNI, PPP adjusted$3B$4.5T
GNI per capita, PPP adjusted$7.8k$55k

Financial system and Human development

StatBelizeGermany
Income Tax Rate25%47.5%
Corporate Tax Rate25%15.8%
Inflation, consumer prices0.3%1.9%
Inflation, GDP deflator-1.1%1.5%
Unemployment9.4%3.4%
Economic Freedom Index57.473.5
Personal Freedom Index7.49.14
Human Freedom Index7.378.42
Property Rights Index44.480.5
Judical Effectiveness Index46.474.3
Business Freedom Index60.982.8
Fiscal Health Index53.992.9
Labor Freedom Index54.353
Investment Freedom Index5580
Financial Freedom Index5070
Trade Freedom Index64.286.4
Monetary Freedom Index80.476.7
Government Spending Index66.342.2
Tax Burden Index79.560.9
Government Integrity Index33.582.8
Corruption Perceptions Index5880
Life expectancy at birth, years74.481
Suicide mortality rate, per 100,000 people4.713.6
Mortality caused by road traffic injury, per 100,000 people28.34.1
Intentional homicides, per 100,000 people37.91
International tourism, number of arrivals489k38.9M

Government debt & reserves

StatBelizeGermany
Central government debt, % of GDP94.8%59.8%
External debt stocks, % of GNI76.8%N/A
External debt stocks$1.4BN/A
Short-term debt, % of total reserves1.2%N/A
Total debt service, % of exports and primary income10.1%N/A
Adjusted net savings including particulate emission damage, % of GNI-0.9%14.1%
Gross savings, % of GDP8.5%29.3%
Gross capital formation, % of GDP19%21.8%
Total reserves including gold$294.5M$198B
Foreign direct investment net inflows$119.5M$105.3B

Exports, imports and economic structure

StatBelizeGermany
Exports of goods and services, % of GDP57.7%47.4%
Imports of goods and services, % of GDP58%41.3%
Current account balance (balance of payments)-$154.9M$289.9B
Revenue excluding grants, % of GDP29.4%28.5%
Grants excluding technical cooperation, BoP$17.1MN/A
Personal remittances received$92.5M$18B
Industry including construction value added, % of GDP12%27.5%
Agriculture, forestry and fishing value added, % of GDP9.6%0.8%
Charges for the use of intellectual property, payments BoP$7.9M$15.6B
Charges for the use of intellectual property, receipts BoP$2.5M$24.4B
Expense, % of GDP27.6%28.2%
Government Expenditure, % of GDP33.5%43.9%

Compare with countries close by GDP per capita

Belize vs

CountryGDP
per capita
Population
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k

Germany vs

CountryGDP
per capita
Population
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M