Statistical Institute of Belize: GDP Release

Statistical Institute of Belize: GDP First Quarter Release for 2023

ECONOMY GROWS 11.5% IN THE FIRST QUARTER 2023 BOOSTED BY STRONG PERFORMANCES IN SECONDARY AND TERTIARY SECTORS

The Statistical Institute of Belize’s preliminary Gross Domestic Product estimates for the first quarter months of January to March 2023 indicated that the total value of goods and services generated within the country for this period was $1.447 billion. This was an increase of 11.5 percent or $149.5 million from the first quarter of 2022, when total production was valued at $1.297 billion.

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