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Belize vs Malaysia: Economic Indicators Comparison

Malaysia with a GDP of $358.6B ranked the 37th largest economy in the world, while Belize ranked 176th with $1.9B. By GDP 5-years average growth and GDP per capita, Malaysia and Belize ranked 29th vs 122nd and 67th vs 109th, respectively.

Gross Domestic Product & Income

StatBelizeMalaysia
GDP$1.9B$358.6B
GDP growth, 1 year3%4.7%
GDP growth, 5-years average2.2%5.2%
Population375k31.6M
GDP per capita$4.9k$11k
GDP per capita growth1.07%3.33%
Purchasing Power Parity conversion factor1.131.44
Price level ratio of PPP conversion factor GDP to market exchange rate0.560.36
GDP per capita, PPP adjusted$8.5k$31k
GNI, Atlas method$1.7B$333.8B
GNI per capita$4.5k$11k
GNI, PPP adjusted$3B$966.3B
GNI per capita, PPP adjusted$7.8k$31k

Financial system and Human development

StatBelizeMalaysia
Income Tax Rate25%25%
Corporate Tax Rate25%25%
Inflation, consumer prices0.3%1%
Inflation, GDP deflator-1.1%0.7%
Unemployment9.4%3.4%
Economic Freedom Index57.474.7
Personal Freedom Index7.46.23
Human Freedom Index7.376.38
Property Rights Index44.486.5
Judical Effectiveness Index46.474.6
Business Freedom Index60.987.8
Fiscal Health Index53.980.2
Labor Freedom Index54.374.5
Investment Freedom Index5560
Financial Freedom Index5050
Trade Freedom Index64.282
Monetary Freedom Index80.481.6
Government Spending Index66.384.6
Tax Burden Index79.585.7
Government Integrity Index33.549.4
Corruption Perceptions Index5847
Life expectancy at birth, years74.475.8
Suicide mortality rate, per 100,000 people4.75.5
Mortality caused by road traffic injury, per 100,000 people28.323.6
Intentional homicides, per 100,000 people37.92.1
International tourism, number of arrivals489k25.8M

Government debt & reserves

StatBelizeMalaysia
Central government debt, % of GDP94.8%56.2%
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%10%
Gross savings, % of GDP8.5%25.7%
Gross capital formation, % of GDP19%23.6%
Total reserves including gold$294.5M$101.5B
Foreign direct investment net inflows$119.5M$8.6B

Exports, imports and economic structure

StatBelizeMalaysia
Exports of goods and services, % of GDP57.7%68.8%
Imports of goods and services, % of GDP58%61.7%
Current account balance (balance of payments)-$154.9M$7.6B
Revenue excluding grants, % of GDP29.4%16.1%
Grants excluding technical cooperation, BoP$17.1M$26.2M
Personal remittances received$92.5M$1.7B
Industry including construction value added, % of GDP12%38.3%
Agriculture, forestry and fishing value added, % of GDP9.6%7.5%
Charges for the use of intellectual property, payments BoP$7.9M$2B
Charges for the use of intellectual property, receipts BoP$2.5M$267.4M
Expense, % of GDP27.6%15.9%
Government Expenditure, % of GDP33.5%22.6%

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

Malaysia vs

CountryGDP
per capita
Population
Uruguay
$17k
3.41M
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M