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Belize
Balance of Payments
Belize
Balance of Payments
Balance of payments figures also improved in the mid-1980s.
From 1980 to 1984, Belize incurred a balance of payments deficit.
Effects of the government austerity plan coupled with a rise in
exports produced a balance of payments surplus from 1985-90.
Between 1988 and 1990, the deficit between exports and imports of
goods and services widened again. However, this time the gap was
caused by large increases in private-investment expenditures. At
the same time, the public sector was accruing surpluses so the
overall balance of payment still showed a surplus.
Data as of January 1992