importance. Agriculture accounts for about 20% of GDP and provides 75%
of export earnings, while sugar, the chief crop, accounts for almost
40% of hard currency earnings. The US, Belize's main trading partner,
is assisting in efforts to reduce dependency on sugar with an
agricultural diversification program.
GDP: purchasing power parity - $649 million (1996 est.)
GDP - real growth rate: 3% (1996 est.)
GDP - per capita: purchasing power parity - $2,960 (1996 est.)
GDP - composition by sector:
agriculture: 20%
industry: 27%
services : 53% (1995 est.)
Inflation rate - consumer price index: 6.4% (1996 est.)
Labor force:
total : 51,500
by occupation: agriculture 30%, services 16%, government 15.4%,
commerce 11.2%, manufacturing 10.3%
note: shortage of skilled labor and all types of technical personnel
(1985)
Unemployment rate: 15% (1996 est.)
Budget:
revenues: $140 million
expenditures: $180 million, including capital expenditures of NA
(FY96/97 est.)
Industries: garment production, food processing, tourism, construction
Industrial production growth rate: 3.7% (1990)
Electricity - capacity: 34,000 kW (1995)
Electricity - production: NA kWh
Electricity - consumption per capita: NA kWh
Agriculture - products: bananas, coca, citrus, sugarcane; lumber;
fish, cultured shrimp
Exports:
total value: $204 million (f.o.b., 1996)
commodities: sugar, citrus fruits, bananas, clothing, fish products,
molasses, wood
partners : US 38%, UK, other EU (1994)
Imports:
total value: $264 million (c.i.f., 1996)
commodities: machinery and transportation equipment, food,
manufactured goods, fuels, chemicals, pharmaceuticals
partners : US 53%, UK, other EU, Mexico (1994)
Debt - external: $192 million (1996 est.)
Economic aid:
recipient : ODA, $NA
Currency: 1 Belizean dollar (Bz$) = 100 cents
Exchange rates: Belizean dollars (Bz$) per US$1 - 2.00 (fixed rate)
Fiscal year: 1 April - 31 March
@Belize:Communications
Telephones: 29,000 (1996 est.)
Telephone system: above-average system
domestic: trunk network depends primarily on microwave radio relay
international : satellite earth station - 1 Intelsat (Atlantic Ocean)
Radio broadcast stations: AM 6, FM 8, shortwave 1
Radios: NA
Television broadcast stations: 2
Televisions: 27,048 (1993 est.)
@Belize:Transportation
Railways: 0 km
Highways:
total: 2,770 km
paved: 521 km
unpaved : 2,249 km (1995 est.)
Waterways: 825 km
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