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Preliminary annual gross domestic product estimated up 8.2 percent

Posted: Wednesday, March 26, 2025. 9:12 pm CST.

By Aaron Humes: The Statistical Institute of Belize estimates annual gross domestic product (GDP) growth of 8.2 percent for 2024 after an increase of 7.1 percent was reported for the fourth quarter.

This estimate will be revised later in 2025, but the Institute’s figures show a decline of 2.5 percent in the primary or agricultural sector, countered by increases in the secondary (manufacturing) sector and tertiary (services) sector.

Government also collected 7.3 percent more in taxes for a total of $762 million.

 

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The post Preliminary annual gross domestic product estimated up 8.2 percent appeared first on Belize News and Opinion on www.breakingbelizenews.com.

Posted: Wednesday, March 26, 2025. 9:12 pm CST. By Aaron Humes: The Statistical Institute of Belize estimates annual gross domestic product (GDP) growth of 8.2 percent
The post Preliminary annual gross domestic product estimated up 8.2 percent appeared first on Belize News and Opinion on www.breakingbelizenews.com.

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