Oil rents in Belize

Belize: Oil rents was 0.3% in 2021. ◆ Volatile

Latest (2021)
0.3%
Change on year
up 106.6%
World rank
68th
of 200 countries
All-time high
5.4%
in 2011
All-time low
0.0%
in 1980
Years of data
42
1980–2021

Oil rents in Belize, 1980–2021

02461980200020211980: 0 % of GDP1981: 0 % of GDP1982: 0 % of GDP1983: 0 % of GDP1984: 0 % of GDP1985: 0 % of GDP1986: 0 % of GDP1987: 0 % of GDP1988: 0 % of GDP1989: 0 % of GDP1990: 0 % of GDP1991: 0 % of GDP1992: 0 % of GDP1993: 0 % of GDP1994: 0 % of GDP1995: 0 % of GDP1996: 0 % of GDP1997: 0 % of GDP1998: 0 % of GDP1999: 0 % of GDP2000: 0 % of GDP2001: 0 % of GDP2002: 0 % of GDP2003: 0 % of GDP2004: 0 % of GDP2005: 0.03 % of GDP2006: 2.2 % of GDP2007: 2.8 % of GDP2008: 4.5 % of GDP2009: 3 % of GDP2010: 3.8 % of GDP2011: 5.4 % of GDP2012: 3.6 % of GDP2013: 2.4 % of GDP2014: 1.7 % of GDP2015: 0.502 % of GDP2016: 0.324 % of GDP2017: 0.383 % of GDP2018: 0.502 % of GDP2019: 0.337 % of GDP2020: 0.136 % of GDP2021: 0.28 % of GDP

Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.

Analysis

The most recent figure for oil rents in Belize is 0.3%, measured in 2021.

The figure is up 106.6% on the previous year and down 94.8% over ten years.

Over the whole period, oil rents in Belize peaked at 5.4% in 2011 and was at its lowest, 0.0%, in 1980.

Belize ranks 68th of 200 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Oil rents in Belize, year by year

Annual values for Oil rents (% of GDP) in Belize, 1980 to 2021.
Year % of GDP Change
1980 0.0%
1981 0.0%
1982 0.0%
1983 0.0%
1984 0.0%
1985 0.0%
1986 0.0%
1987 0.0%
1988 0.0%
1989 0.0%
1990 0.0%
1991 0.0%
1992 0.0%
1993 0.0%
1994 0.0%
1995 0.0%
1996 0.0%
1997 0.0%
1998 0.0%
1999 0.0%
2000 0.0%
2001 0.0%
2002 0.0%
2003 0.0%
2004 0.0%
2005 0.0%
2006 2.2% +7032.2%
2007 2.8% +31.0%
2008 4.5% +60.9%
2009 3.0% -34.7%
2010 3.8% +28.4%
2011 5.4% +41.4%
2012 3.6% -32.9%
2013 2.4% -34.2%
2014 1.7% -29.9%
2015 0.5% -69.9%
2016 0.3% -35.4%
2017 0.4% +18.2%
2018 0.5% +31.1%
2019 0.3% -33.0%
2020 0.1% -59.7%
2021 0.3% +106.6%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0% 0.0% 0.0% 10
1990s 0.0% 0.0% 0.0% 10
2000s 1.3% 0.0% 4.5% 10
2010s 1.9% 0.3% 5.4% 10
2020s 0.2% 0.1% 0.3% 2

Countries ranked near Belize

  1. 65 Jamaica 0.3% compare
  2. 66 Tajikistan 0.3% compare
  3. 67 Croatia 0.3% compare
  4. 69 Ukraine 0.3% compare
  5. 70 Denmark 0.3% compare
  6. 71 Australia 0.3% compare

See the full ranking of 247 places →

More energy & mining data for Belize

All data for Belize →

Frequently asked questions

What is oil rents in Belize?
Oil rents in Belize was 0.3% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
What is the highest oil rents recorded in Belize?
The highest recorded value was 5.4% in 2011.
What is the lowest oil rents recorded in Belize?
The lowest recorded value was 0.0% in 1980.
How does Belize rank for oil rents?
Belize ranks 68th out of 200 countries with data for 2021.
Is oil rents rising or falling in Belize?
Over the last ten years it is down 94.8%. The long-run trend across the full record is volatile.
Where does this Belize data come from?
The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Oil rents (% of GDP). Statizoid updates them automatically from the source API.

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Oil rents in Belize. Statizoid, drawing on The Changing Wealth of Nations, World Bank (WB). Retrieved 29 August 2026, from https://energy.statizoid.com/stat/oil-rents-percent-of-gdp/belize/

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About this data

Indicator
Oil rents (% of GDP)
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
247 places, 10,767 data points, 1970–2021
Last refreshed

Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.