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Belize vs Israel: Economic Indicators Comparison

Israel with a GDP of $370.6B ranked the 34th largest economy in the world, while Belize ranked 176th with $1.9B. By GDP 5-years average growth and GDP per capita, Israel and Belize ranked 73rd vs 122nd and 26th vs 109th, respectively.

Gross Domestic Product & Income

StatBelizeIsrael
GDP$1.9B$370.6B
GDP growth, 1 year3%3.3%
GDP growth, 5-years average2.2%3.4%
Population375k8.9M
GDP per capita$4.9k$42k
GDP per capita growth1.07%1.47%
Purchasing Power Parity conversion factor1.133.75
Price level ratio of PPP conversion factor GDP to market exchange rate0.561.04
GDP per capita, PPP adjusted$8.5k$38k
GNI, Atlas method$1.7B$363.6B
GNI per capita$4.5k$41k
GNI, PPP adjusted$3B$354.8B
GNI per capita, PPP adjusted$7.8k$40k

Financial system and Human development

StatBelizeIsrael
Income Tax Rate25%48%
Corporate Tax Rate25%23%
Inflation, consumer prices0.3%0.8%
Inflation, GDP deflator-1.1%1.2%
Unemployment9.4%4%
Economic Freedom Index57.474
Personal Freedom Index7.47.64
Human Freedom Index7.377.41
Property Rights Index44.482.3
Judical Effectiveness Index46.471.8
Business Freedom Index60.972.2
Fiscal Health Index53.989.2
Labor Freedom Index54.364.4
Investment Freedom Index5575
Financial Freedom Index5070
Trade Freedom Index64.286.2
Monetary Freedom Index80.484.9
Government Spending Index66.353.5
Tax Burden Index79.561
Government Integrity Index33.577.2
Corruption Perceptions Index5861
Life expectancy at birth, years74.482.6
Suicide mortality rate, per 100,000 people4.75.4
Mortality caused by road traffic injury, per 100,000 people28.34.2
Intentional homicides, per 100,000 people37.91.4
International tourism, number of arrivals489k4.1M

Government debt & reserves

StatBelizeIsrael
Central government debt, % of GDP94.8%59.6%
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%15.6%
Gross savings, % of GDP8.5%24.4%
Gross capital formation, % of GDP19%21.8%
Total reserves including gold$294.5M$115.3B
Foreign direct investment net inflows$119.5M$20.8B

Exports, imports and economic structure

StatBelizeIsrael
Exports of goods and services, % of GDP57.7%29.4%
Imports of goods and services, % of GDP58%29%
Current account balance (balance of payments)-$154.9M$9.3B
Revenue excluding grants, % of GDP29.4%31.8%
Grants excluding technical cooperation, BoP$17.1M$533.6M
Personal remittances received$92.5M$939.6M
Industry including construction value added, % of GDP12%19.4%
Agriculture, forestry and fishing value added, % of GDP9.6%1.1%
Charges for the use of intellectual property, payments BoP$7.9M$1.4B
Charges for the use of intellectual property, receipts BoP$2.5M$1.3B
Expense, % of GDP27.6%37%
Government Expenditure, % of GDP33.5%39.4%

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
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
15.5M
Tonga
$4.4k
105k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
190k
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
6.34M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
52.6k
Tuvalu
$3.7k
9.88k

Israel vs

CountryGDP
per capita
Population
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k
South Korea
$31k
51.1M
Spain
$30k
46.5M
Malta
$30k
423k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M