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Economy of Belize vs Uzbekistan compared: GDP & Debt

Updated on by Georank

Belize has a GDP of $3.33B compared to $147B for Uzbekistan, ranking 170/197 and 61/197 by economy size, respectively.

Belize has $2.26B in government debt (67.9% of GDP), compared to $42B (28.6% of GDP) in Uzbekistan.

Belize vs Uzbekistan GDP by year

Belize
Uzbekistan
1x
Year GDP, current $
Belize Uzbekistan
2025 $3,326,500,000 $147,038,081,129
2024 $3,203,631,800 $121,356,065,241
2023 $3,052,362,650 $107,526,539,716
2022 $2,846,604,350 $94,286,355,836
2021 $2,428,606,250 $81,170,051,811
2020 $2,047,284,600 $70,127,127,133
2019 $2,381,187,850 $70,170,662,563
2018 $2,285,915,050 $61,318,332,403
2017 $2,266,028,250 $72,276,404,058
2016 $2,239,604,950 $97,871,364,319
2015 $2,193,095,150 $97,564,568,987
2014 $2,138,242,200 $91,303,765,114
2013 $2,035,191,450 $82,674,178,352
2012 $1,917,083,500 $75,318,846,931
2011 $1,831,576,700 $67,404,618,405
2010 $1,748,988,400 $55,544,226,553
2009 $1,688,012,750 $33,689,223,673
2008 $1,738,453,600 $29,549,438,884
2007 $1,706,190,450 $22,311,393,928
2006 $1,590,463,100 $17,330,833,853
2005 $1,474,298,400 $14,307,509,839
2004 $1,400,202,000 $12,030,023,548
2003 $1,308,280,250 $10,134,453,435
2002 $1,243,912,050 $9,687,788,513
2001 $1,172,045,150 $11,401,421,329
2000 $1,138,138,100 $13,760,513,969
1999 $999,713,050 $17,078,465,982
1998 $929,047,000 $14,988,971,211
1997 $872,916,050 $14,744,603,774
1996 $850,339,100 $13,948,892,216
1995 $818,590,250 $13,350,461,265
1994 $771,838,000 $12,899,074,922
1993 $752,255,150 $13,099,920,056
1992 $695,741,150 $12,953,801,760
1991 $596,682,100 $13,800,167,712
1990 $546,750,912 $13,362,340,338
1989 $491,100,000 $11,948,815,258
1988 $421,450,000 $10,722,799,639
1987 $371,100,000 $8,523,160,593
1986 $311,500,000 -
1985 $287,300,000 -
1984 $290,350,000 -
1983 $262,150,000 -
1982 $248,550,000 -
1981 $260,750,000 -
1980 $257,400,000 -
1979 $151,800,000 -
1978 $136,300,000 -
1977 $117,650,000 -
1976 $97,094,227 -
1975 $118,194,026 -
1974 $103,160,450 -
1973 $78,214,768 -
1972 $65,998,069 -
1971 $59,074,687 -
1970 $53,339,893 -
1969 $47,399,905 -
1968 $44,999,910 -
1967 $47,431,256 -
1966 $44,450,044 -
1965 $40,110,040 -
1964 $36,194,586 -
1963 $33,750,114 -
1962 $31,857,592 -
1961 $29,965,000 -
1960 $28,072,478 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Belize vs Uzbekistan by year

Belize
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Belize Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $7,865 - $3,968 -
2024 $7,681 $14,347 $3,337 $11,879
2023 $7,425 $13,730 $3,016 $11,107
2022 $7,068 $13,461 $2,699 $10,293
2021 $6,143 $11,716 $2,370 $9,248
2020 $5,239 $9,639 $2,088 $8,452
2019 $6,172 $10,500 $2,129 $8,544
2018 $6,012 $9,497 $1,894 $8,129
2017 $6,072 $9,121 $2,271 $7,818
2016 $6,141 $9,399 $3,128 $6,919
2015 $6,155 $9,538 $3,173 $6,800
2014 $6,128 $9,490 $3,021 $6,610
2013 $5,957 $9,526 $2,781 $6,413
2012 $5,733 $9,303 $2,574 $6,168
2011 $5,596 $9,722 $2,339 $5,949
2010 $5,461 $9,748 $1,957 $5,505
2009 $5,400 $9,728 $1,206 $5,135
2008 $5,712 $9,975 $1,075 $4,800
2007 $5,762 $10,226 $824 $4,386
2006 $5,525 $9,910 $649 $3,956
2005 $5,270 $9,466 $543 $3,618
2004 $5,154 $9,245 $462 $3,321
2003 $4,960 $8,850 $394 $3,047
2002 $4,859 $8,154 $381 $2,902
2001 $4,719 $7,852 $454 $2,782
2000 $4,727 $7,544 $555 $2,644
1999 $4,290 $6,790 $698 $2,522
1998 $4,126 $6,333 $621 $2,418
1997 $4,014 $6,243 $621 $2,329
1996 $4,043 $6,087 $597 $2,214
1995 $4,010 $6,091 $583 $2,178
1994 $3,877 $6,073 $574 $2,197
1993 $3,860 $6,075 $596 $2,318
1992 $3,643 $5,706 $603 $2,371
1991 $3,190 $5,053 $658 $2,676
1990 $2,986 $4,467 $653 $2,665
1989 $2,742 - $598 -
1988 $2,406 - $551 -
1987 $2,166 - $450 -
1986 $1,859 - - -
1985 $1,754 - - -
1984 $1,814 - - -
1983 $1,677 - - -
1982 $1,629 - - -
1981 $1,753 - - -
1980 $1,774 - - -
1979 $1,071 - - -
1978 $983 - - -
1977 $866 - - -
1976 $729 - - -
1975 $906 - - -
1974 $805 - - -
1973 $619 - - -
1972 $529 - - -
1971 $481 - - -
1970 $442 - - -
1969 $402 - - -
1968 $392 - - -
1967 $426 - - -
1966 $412 - - -
1965 $383 - - -
1964 $356 - - -
1963 $342 - - -
1962 $332 - - -
1961 $320 - - -
1960 $307 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Belize's GDP per capita is $7,865, ranking 99/197, compared to $3,968 in Uzbekistan, ranking 134/197. Adjusted for purchasing power (GDP per capita PPP), Belize ranks 117th at $14,347, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Belize Uzbekistan
Gross domestic product
$3.33B
2025
$147B
2025
GDP rank
170/197
2025
61/197
2025
GDP growth
2.75%
2024-2025
7.7%
2024-2025
GDP per capita
$7,865
2025
$3,968
2025
GDP per capita rank
99/197
2025
134/197
2025
GDP per capita, PPP
$14,347
2024
$11,879
2024
GDP per capita PPP rank
117/197
2024
125/197
2024
Government debt
$2.26B
2025
$42B
2025
Debt-to-GDP ratio
67.9%
2025
28.6%
2025
Government debt per person
$5,339
2025
$1,134
2025
Government debt per person rank
81/185
2025
139/185
2025
Average annual personal income after taxes
$5,278
2026
$3,560
2026
Market capitalization of domestic companies n/a
$23.7B
2025
Number of billionaires
1
2026
n/a
Income share by richest 10%
30%
2018
24.2%
2025
Income share by poorest 10%
2.2%
2018
2.4%
2025
Government expenditure, % of GDP
25.9%
2025
27.4%
2025
Consumer prices inflation
1.1%
2024-2025
8.8%
2024-2025
Central bank interest rate n/a
14%
2025
Unemployment rate
29.3%
2020
5.29%
2020
Population
431659
38082870

Spending and national debt comparison by year

Belize
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Belize Uzbekistan
Government spending Government debt Government spending Government debt
2025 25.9% 67.9% 27.4% 28.6%
2024 26.8% 65.4% 26.1% 30.9%
2023 25.8% 67.5% 28.6% 30.7%
2022 23.4% 66.8% 30% 29.2%
2021 25.7% 82.2% 26.1% 30.2%
2020 33.2% 103% 24.7% 31.9%
2019 27.5% 78.6% 23.4% 24.3%
2018 26.9% 79% 21.2% 16.7%
2017 27.7% 78.1% 19.9% 17.3%
2016 27.7% 70.5% 20.5% 7.21%
2015 27.9% 65.1% 21.7% 5.94%
2014 24.8% 61.5% 22% 5.39%
2013 23.8% 62.8% 22.3% 5.51%
2012 22.1% 63.1% 21.5% 6.06%
2011 23.5% 66.2% 21.1% 5.65%
2010 23.3% 68.4% 23.7% 5.92%
2009 23.2% 69.7% 24.7% 6.57%
2008 21.8% 64.7% 23.8% 7.5%
2007 22.1% 66.4% 22.4% 8.6%
2006 21.2% 71.4% 22.3% 12.2%
2005 21.4% 72.7% 25.3% 18.9%
2004 21.7% 70.7% 26.5% 24.2%
2003 24.6% 67.2% 28.4% 28.3%
2002 24.4% 53.2% 31.2% 37.5%
2001 25.9% 49.5% 27.6% 40.4%
2000 23.2% 79% 29.6% 26.5%
1999 23.6% 41.5% 30.3% 16.6%
1998 20.9% 38.7% 31.6% 16.2%
1997 19.9% 39.4% 28.7% 13.8%
1996 19.9% 38.4% 31.6% -
1995 - - 26.5% -
1994 - - 24.4% -
1993 - - 35.6% -
1992 - - 16.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1996–2000, retrieved 2026-07-08).

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

In 2025, Belize's government spending was $861M, accounting for 25.9% of its GDP, while Uzbekistan spent $40.2B, or 27.4% of GDP.

Debt-to-GDP ratio is 67.9% in Belize and 28.6% in Uzbekistan, ranking 61/185 and 159/185, respectively.

Government deficit by year

Deficit/surplus
Belize

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Belize Uzbekistan
2025 -0.96% -1.66%
2024 -1.52% -2.25%
2023 -2.42% -3.85%
2022 -1.04% -3.49%
2021 -3.29% -3.9%
2020 -8.57% -2.8%
2019 -2.9% -0.29%
2018 -1.37% 1.57%
2017 -3.48% 1.04%
2016 -4.47% 0.62%
2015 -5.14% -0.24%
2014 -1.72% 1.68%
2013 -1.21% 1.9%
2012 -0.22% 5.28%
2011 -1.06% 4.56%
2010 -1.9% 2.29%
2009 -2.46% 1.64%
2008 1.25% 5.38%
2007 -0.19% 3.2%
2006 -2.27% 2.45%
2005 -3.7% -3.17%
2004 -4.52% -3.37%
2003 -8.41% -4.39%
2002 -5.41% -5.69%
2001 -7.23% -2.95%
2000 -6.68% -3.29%
1999 -6.51% -2.62%
1998 -2.69% -2.74%
1997 -1.81% -1.85%
1996 -1.76% -1.41%
1995 - -1.59%
1994 - -4.03%
1993 - -10.8%
1992 - 6.44%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

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

In 2025, Belize's government deficit, the difference between spending and revenue, was $31.9M, equivalent to 0.96% of GDP. This compares to Uzbekistan's deficit of $2.43B, or 1.66% of GDP.

Over the past 30 years, Belize recorded a fiscal deficit in 29 of those years, while Uzbekistan ran a deficit in 18 years. On average, Belize posted an annual deficit equal to 3.12% of GDP, compared to deficit of 0.61% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Belize

Uzbekistan
1x
Year Consumer prices inflation
Belize Uzbekistan
2025 1.1% 8.8%
2024 3.3% 9.6%
2023 4.4% 10%
2022 6.3% 11.4%
2021 3.2% 10.8%
2020 0.1% 12.9%
2019 0.2% 14.5%
2018 0.3% 17.5%
2017 1.1% 13.9%
2016 0.7% 8.8%
2015 -0.9% 8.5%
2014 1.2% 9.1%
2013 0.5% 11.7%
2012 1.2% 11.9%
2011 1.7% 12.4%
2010 0.9% 12.3%
2009 -1.1% 12.3%
2008 6.4% 13.1%
2007 2.3% 11.2%
2006 4.2% 13.1%
2005 3.7% 10.7%
2004 3.1% 7.3%
2003 2.6% 12.5%
2002 2.2% 27.3%
2001 1.1% 27.3%
2000 0.6% 25%
1999 -1.2% 29.1%
1998 -0.8% 29%
1997 1% 70.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Belize has recorded an average annual inflation rate of 1.7%, compared with 16.3% in Uzbekistan. In 2025, inflation was 1.1% in Belize and 8.8% in Uzbekistan.

Top exports between countries

Belize
Export category Export value
Uzbekistan
Export category Export value
Manufacturing & construction services $76K
Machinery & equipment $24K

Balance of trade

Belize Uzbekistan
Current account balance
-$92.3M
2025
-$5.78B
2025
Current account balance ranking
80/190
2025
167/190
2025
Current account balance, % of GDP
-2.77%
2025
-3.93%
2025
Goods imports
$1.38B
2025
$38.5B
2025
Goods exports
$443M
2025
$23B
2025
Service imports
$352M
2025
$13.6B
2025
Service exports
$1.21B
2025
$9.27B
2025
Imports of goods and services, % of GDP
53.7%
2024
35.4%
2025
Exports of goods and services, % of GDP
55.2%
2024
22%
2025

Economic freedom indices

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

Belize Uzbekistan
Economic freedom 64.7 60.3
Economic freedom ranking 71/197 94/197
Property rights 46.3 43.1
Government integrity 46.2 32
Judicial effectiveness 73.9 13.7
Tax burden 81.8 95
Government spending 81 73.7
Fiscal health 87.5 79.9
Business freedom 67.2 62.5
Labor freedom 57.6 48.4
Monetary freedom 72.6 65.1
Trade freedom 57.8 80.6
Investment freedom 55 70
Financial freedom 50 60

Economic freedom comparison by year

Belize
Uzbekistan
1x
Year Economic freedom index
Belize Uzbekistan
2026 64.7 60.3
2025 64.2 58
2024 61.2 55.9
2023 59.8 56.5
2022 56.6 55.7
2021 57.5 58.3
2020 57.4 57.2
2019 55.4 53.3
2018 57.1 51.5
2017 58.6 52.3
2016 57.4 46
2015 56.8 47
2014 56.7 46.5
2013 57.3 46
2012 61.9 45.8
2011 63.8 45.8
2010 61.5 47.5
2009 63 50.5
2008 63 51.9
2007 63.3 51.5
2006 64.7 48.7
2005 64.5 45.8
2004 62.8 39.1
2003 63.5 38.3
2002 65.6 38.5
2001 65.9 38.2
2000 63.3 38.1
1999 60.7 33.8
1998 59.1 31.5
1997 64.3 -
1996 61.6 -
1995 62.9 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Belize is 64.7, ranking 71/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Belize Uzbekistan
Services, % of GDP
62.4%
2024
46.5%
2025
Industry, % of GDP
14.6%
2024
32.5%
2025
Agriculture, forestry, and fishing, % of GDP
7.95%
2024
16.6%
2025
GNI, Atlas method
$3.19B
2025
$136B
2025
GNI per capita, PPP
$14,230
2025
$13,640
2025
Total reserves including gold
$559M
2025
$41.2B
2024
Total reserves ranking
156/177
2025
53/177
2024
Net foreign direct investment
$1.15M
2025
-$4.24B
2025
Net inflows of foreign direct investment
$128M
2024
$2.97B
2024
Net outflows of foreign direct investment
$2.61M
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI
4.15%
2024
9.37%
2024
Poverty at national poverty lines
52%
2018
5.8%
2025
Gross capital formation, % of GDP
19.8%
2024
33.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1996–2000, retrieved 2026-07-08)
  6. TradeMap (2016–2022, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.