Analysis by Region - Emerging Markets - Belize

Analysis by Region - Emerging Markets - Belize



After a slightly stronger-than-expected expansion of 4.7% in 2023, we have increased our 2024 forecast for Belize by 1.2ppts to 3.2% on the back of more favourable base effects and improved Q1 tourist inflow figures. As such, tourism will allow momentum to persist in tertiary activities this year and will compensate for damaged dynamism in agriculture due to dry weather conditions.


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