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Economy Intro Profile for Belize
Flag of Belize Belize
Population: 272,945 (July 2004 est.)
Capital: Belmopan
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Backgrounds: Belize Economy Intro

In this small, essentially private enterprise economy the tourism industry is the number one foreign exchange earner followed by cane sugar, citrus, marine products, bananas, and garments. The government's expansionary monetary and fiscal policies, initiated in September 1998, led to GDP growth of 6.5% in 1999, 10.8% in 2000, 4.6% in 2001, and 3.7% in 2002. Major concerns continue to be the sizable trade deficit and foreign debt. A key short-term objective remains the reduction of poverty with the help of international donors.

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Data Source: Central Intelligence Agency 2004 World Factbook