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
Oil reserves, per unit of GDP in Belize, 2007–2021
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
| 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% |
Belize compared with similar countries
- Belize's 0.0004 cubic meters per US$ of GDP is above the median for upper middle income countries, which is 0.0002 cubic meters per US$ of GDP, 2.8× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 48 Peru 0.0006 cubic meters per US$ of GDP compare
- 49 Democratic Republic of Congo 0.0005 cubic meters per US$ of GDP compare
- 50 Belarus 0.0005 cubic meters per US$ of GDP compare
- 52 United States 0.0004 cubic meters per US$ of GDP compare
- 53 Mauritania 0.0003 cubic meters per US$ of GDP compare
- 54 Romania 0.0003 cubic meters per US$ of GDP compare
More energy & mining data for Belize
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 3.14 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fuel imports 13.8% (2025)
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.
Download this data
CSV · JSON — 15 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Oil reserves U.S. Energy Information Administration (2022) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
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.