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 Analog
PetersGrant Offline



Beiträge: 8

14.12.2022 09:15
Economy of Belize Antworten

The national currency is the Belize dollar. The symbol used for this currency is $ and is abbreviated as BZD. 7.6% of the country's population is unemployed. The total number of unemployed in Belize is 29,066. Each year Belize exports about US$0.63 billion and imports about US$0.86 billion. The country's Gini index is 53.1. Belize has a Human Development Index (HDI) of 0.732. Belize has a public debt of 110% of the country's gross domestic product (GDP) as estimated in 2012. Belize is considered a developing country. A nation's level of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. The main industries in the country are clothing production, food processing, tourism, construction and oil.

Total Gross Domestic Product (GDP) valued at Purchasing Power Parity (PPP) in Belize is US$2,975 billion. Every year, consumers spend around $866 million. The ratio of consumer spending to GDP in Belize is 0% and the ratio of consumer spending to world consumer market is 0.0025. The corporate income tax in Belize is 1.75%. Personal income tax ranges from 0% to 25% depending on your specific situation and income level. The sales tax in Belize is 12.5% and is known as the general sales tax. In 2013, Belize received $25.1 million in foreign aid. In 2014, foreign aid totaled $22.5 million.

https://www.confiduss.com/en/jurisdictions/belize/economy/

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