Analysis by Region - Emerging Markets - Belize
We have nudged up our 2025 GDP growth forecast for Belize by 0.2ppts to 2.8% driven by the country's favourable conditions for business processing outsourcing. This has resulted in a reduction of the unemployment rate to a record low of 3.3% and increased dynamism in domestic demand. Likewise, we expect solid growth in tourism to persist, with strong momentum this year propelling arrivals to record figures and GDP expected to expand by an estimated 5.9%.
- Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.
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