Oil reserves, per unit of GDP in Belize

Belize: Oil reserves, per unit of GDP was 0.0004 cubic meters per US$ of GDP in 2021. ▼ Falling

Latest (2021)
0.0004 cubic meters per US$ of GDP
Change on year
down 15.7%
World rank
51st
of 198 countries
All-time high
0.0006 cubic meters per US$ of GDP
in 2009
All-time low
0.0004 cubic meters per US$ of GDP
in 2021
Years of data
15
2007–2021

Oil reserves, per unit of GDP in Belize, 2007–2021

0000.0012007201420212007: 0.001 cubic meters per US$ of GDP2008: 0.001 cubic meters per US$ of GDP2009: 0.001 cubic meters per US$ of GDP2010: 0.001 cubic meters per US$ of GDP2011: 0.001 cubic meters per US$ of GDP2012: 0.001 cubic meters per US$ of GDP2013: 0.001 cubic meters per US$ of GDP2014: 0 cubic meters per US$ of GDP2015: 0 cubic meters per US$ of GDP2016: 0 cubic meters per US$ of GDP2017: 0 cubic meters per US$ of GDP2018: 0 cubic meters per US$ of GDP2019: 0 cubic meters per US$ of GDP2020: 0.001 cubic meters per US$ of GDP2021: 0 cubic meters per US$ of GDP

Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.

Analysis

The most recent figure for oil reserves, per unit of gdp in Belize is 0.0004 cubic meters per US$ of GDP, measured in 2021. That is the lowest value across all 15 years on record.

That represents a change of down 15.7% on the previous year and down 24.6% over ten years.

Over the whole period, oil reserves, per unit of gdp in Belize peaked at 0.0006 cubic meters per US$ of GDP in 2009 and was at its lowest, 0.0004 cubic meters per US$ of GDP, in 2021.

That places Belize 51st out of 198 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Oil reserves, per unit of GDP in Belize, year by year

Annual values for Oil reserves, per unit of GDP in Belize, 2007 to 2021.
Year cubic meters per US$ of GDP Change
2007 0.0006 cubic meters per US$ of GDP
2008 0.0006 cubic meters per US$ of GDP -1.9%
2009 0.0006 cubic meters per US$ of GDP +3.0%
2010 0.0006 cubic meters per US$ of GDP -3.5%
2011 0.0006 cubic meters per US$ of GDP -4.5%
2012 0.0006 cubic meters per US$ of GDP -4.5%
2013 0.0005 cubic meters per US$ of GDP -5.8%
2014 0.0005 cubic meters per US$ of GDP -4.8%
2015 0.0005 cubic meters per US$ of GDP -2.5%
2016 0.0005 cubic meters per US$ of GDP -2.1%
2017 0.0005 cubic meters per US$ of GDP -1.2%
2018 0.0005 cubic meters per US$ of GDP -0.9%
2019 0.0004 cubic meters per US$ of GDP -4.0%
2020 0.0005 cubic meters per US$ of GDP +16.3%
2021 0.0004 cubic meters per US$ of GDP -15.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0006 cubic meters per US$ of GDP 0.0006 cubic meters per US$ of GDP 0.0006 cubic meters per US$ of GDP 3
2010s 0.0005 cubic meters per US$ of GDP 0.0004 cubic meters per US$ of GDP 0.0006 cubic meters per US$ of GDP 10
2020s 0.0005 cubic meters per US$ of GDP 0.0004 cubic meters per US$ of GDP 0.0005 cubic meters per US$ of GDP 2

Countries ranked near Belize

  1. 48 Peru 0.0006 cubic meters per US$ of GDP compare
  2. 49 Congo, Democratic Republic of the 0.0005 cubic meters per US$ of GDP compare
  3. 50 Belarus 0.0005 cubic meters per US$ of GDP compare
  4. 52 United States of America 0.0004 cubic meters per US$ of GDP compare
  5. 53 Mauritania 0.0003 cubic meters per US$ of GDP compare
  6. 54 Romania 0.0003 cubic meters per US$ of GDP compare

See the full ranking of 198 places →

More energy & mining data for Belize

All data for Belize →

Frequently asked questions

What is oil reserves, per unit of gdp in Belize?
Oil reserves, per unit of gdp in Belize was 0.0004 cubic meters per US$ of GDP in 2021, according to Statizoid (derived).
What is the highest oil reserves, per unit of gdp recorded in Belize?
The highest recorded value was 0.0006 cubic meters per US$ of GDP in 2009.
What is the lowest oil reserves, per unit of gdp recorded in Belize?
The lowest recorded value was 0.0004 cubic meters per US$ of GDP in 2021.
How does Belize rank for oil reserves, per unit of gdp?
Belize ranks 51st out of 198 countries with data for 2021.
Is oil reserves, per unit of gdp rising or falling in Belize?
Over the last ten years it is down 24.6%. The long-run trend across the full record is falling.
Where does this Belize data come from?
The figures come from Statizoid (derived), published as part of Oil reserves, per unit of GDP. Statizoid updates them automatically from the source API.

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Oil reserves, per unit of GDP in Belize. Statizoid, drawing on Statizoid (derived). Retrieved 22 August 2026, from https://energy.statizoid.com/stat/oil-reserves-per-unit-of-gdp/belize/

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How this figure is calculated

Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Oil reserves ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Oil reserves, per unit of GDP
Unit
cubic meters per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 7,375 data points, 1980–2021
Last refreshed

Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.