Gross domestic product rises 6.6 percent in third quarter as all sectors rise

Posted: Wednesday, December 11, 2024. 10:56 am CST.

By Aaron Humes: Belize’s economy continues to grow, per the Statistical Institute of Belize (SIB). 

Third quarter growth was measured at 6.6 percent over 2023.

The primary sector was led by an extended sugar crop (due to weather conditions) and bananas.

Screwworm concerns hurt cattle production (down 18.3 percent) with lower exports.

There were increases in electricity and water production and the services sector continued to lead the way in national growth.

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