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Caribbean & Central America - April 2016 (ISSN 1741-4458)
BELIZE: Strong rebound for Belize economy
The latest International Monetary Fund (IM) report card on Belize, released on 28 March following the completion of an Article IV Consultation in mid-September, confirms that GDP growth rebounded to 3.6% in 2014 from 1.5% in 2013. This was well above the five-year average of 2.9% growth and was attributed to a strong performance in tourism, electricity, construction, and services as well as a rebound in agriculture, and growth is forecast to average 2.5% over the short-to-medium term. Growth for 2015, however, is estimated to have been 2.2%.
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