Читать книгу The 2009 CIA World Factbook - United States. Central Intelligence Agency - Страница 192

Flag description:

blue with a narrow red stripe along the top and the bottom edges; centered is a large white disk bearing the coat of arms; the coat of arms features a shield flanked by two workers in front of a mahogany tree with the related motto SUB UMBRA FLOREO (I Flourish in the Shade) on a scroll at the bottom, all encircled by a green garland

Economy ::Belize

Economy - overview:

In this small, essentially private-enterprise economy, tourism is the number one foreign exchange earner followed by exports of marine products, citrus, cane sugar, bananas, and garments. The government's expansionary monetary and fiscal policies, initiated in September 1998, led to sturdy GDP growth averaging nearly 4% in 1999–2007, though growth slipped to 3.8% in 2008 as a result of the global slowdown, natural disasters, and the drop in the price of oil. Oil discoveries in 2006 bolstered the economic growth. Exploration efforts continue and a small increase in production is expected in 2009. Major concerns continue to be the sizable trade deficit and unsustainable foreign debt equivalent to nearly 70% of GDP. In February 2007, the government restructured nearly all of its public external commercial debt, which helped reduce interest payments and relieve some of the country's liquidity concerns. A key short-term objective remains the reduction of poverty with the help of international donors.

GDP (purchasing power parity):

$2.542 billion (2008 est.) country comparison to the world: 178 $2.468 billion (2007 est.)

$2.43 billion (2006 est.)

note: data are in 2008 US dollars

GDP (official exchange rate):

$1.359 billion (2008 est.)

GDP - real growth rate:

3% (2008 est.) country comparison to the world: 124 1.6% (2007 est.)

5.3% (2006 est.)

GDP - per capita (PPP):

$8,400 (2008 est.) country comparison to the world: 117 $8,400 (2007 est.)

$8,400 (2006 est.)

note: data are in 2008 US dollars

GDP - composition by sector:

agriculture: 29%

industry: 16.9%

services: 54.1% (2008 est.)

Labor force:

122,300 country comparison to the world: 173 note: shortage of skilled labor and all types of technical personnel (2008 est.)

Labor force - by occupation:

agriculture: 10.2%

industry: 18.1%

services: 71.7% (2007)

Unemployment rate:

8.1% (2008) country comparison to the world: 113 9.4% (2006)

Population below poverty line:

33.5% (2002 est.)

Household income or consumption by percentage share:

lowest 10%: NA%

highest 10%: NA%

Investment (gross fixed):

27.8% of GDP (2008 est.) country comparison to the world: 32

Budget:

revenues: $347 million

expenditures: $386.5 million (2008 est.)

Inflation rate (consumer prices):

6.4% (2008 est.) country comparison to the world: 109 2.3% (2007 est.)

Central bank discount rate:

12% (31 December 2008) country comparison to the world: 26 12% (31 December 2007)

Commercial bank prime lending rate:

14.14% (31 December 2008) country comparison to the world: 49 14.33% (31 December 2007)

Stock of money:

$345.7 million (31 December 2008) country comparison to the world: 99 $323.9 million (31 December 2007)

Stock of quasi money:

$653.8 million (31 December 2008) country comparison to the world: 105 $549 million (31 December 2007)

Stock of domestic credit:

$955 million (31 December 2008) country comparison to the world: 108 $877.6 million (31 December 2007)

Market value of publicly traded shares: