Private Consumption in Belize
Belize's economy recorded an average growth rate of 2.5% in private consumption in the decade leading up to 2021, below the 2.7% average for Central America and Caribbean. In 2021, private consumption growth was 12.5%. For more private consumption information, visit our dedicated page.
Belize Private consumption Chart
Note: This chart displays Private Consumption (annual variation in %) for Belize from 2012 to 2022.
Source: Macrobond.
Belize Private consumption Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Private Consumption (ann. var. %) | 4.2 | -12.0 | 15.5 | 9.9 | 2.0 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Belizean private consumption projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable private consumption forecast available for Belizean private consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Belizean private consumption projections.
Want to get access to the full dataset of Belizean private consumption forecasts? Send an email to info@focus-economics.com.