Belize was formed in
1973. The population of
Belize is 382,444 with a land area of 8,867 square miles, about the size of El
Salvador.
Tourism is their
primary industry. Belize occupies the Atlanta Ocean beachfront and borders
Guatemala and Mexico north of Honduras.
Nominal GDP is $2
billion. GDP growth is 2.5%. Per capita GDP is $8.300. Labor force is 120,500.
Unemployment is 10.1%, Poverty is 41%. Inflation is 1.8%.
Labor force by
occupation is agriculture 10.2%, industry 18.1%, services 71.7%.
Exports are $483.4
million sugar and include bananas, citrus, clothing, fish
products, molasses, wood, crude oil. Sold to Burma 30.7%, US 22.6%, UK 19.3%.
Imports are $944.4 million and include machinery and transport
equipment, manufactured goods; fuels, chemicals, pharmaceuticals; food,
beverages, tobacco sold to US 37.2%, China 11.6%, Mexico 10.8%, Guatemala 7%
(2016)
Government revenue is $500 million, spending is
$550 million. Government debt is 88.5% of GDP. External debt is $1.326 billion
Norb Leahy, Dunwoody
GA Tea Party Leader
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