Belize BZ: GDP: Real: Discrepancy

2014 - 2023 | Yearly | BZD mn | World Bank

Belize BZ: GDP: Real: Discrepancy data was reported at -255.460 BZD mn in 2023. This records a decrease from the previous number of 1.200 BZD mn for 2022. Belize BZ: GDP: Real: Discrepancy data is updated yearly, averaging -2.900 BZD mn from Dec 2014 (Median) to 2023, with 10 observations. The data reached an all-time high of 302.100 BZD mn in 2017 and a record low of -255.460 BZD mn in 2023. Belize BZ: GDP: Real: Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Real. Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in constant prices, meaning the underlying series have been adjusted to account for price changes over time. The reference year for this adjustment varies by country.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;

View Belize's Belize BZ: GDP: Real: Discrepancy from 2014 to 2023 in the chart:

Belize Belize BZ: GDP: Real: Discrepancy

What was Belize's Belize BZ: GDP: Real: Discrepancy in 2023?

Last Previous Min Max Unit Frequency Range
-255.460 2023 1.200 2022 -255.460 2023 302.100 2017 BZD mn yearly 2014 - 2023

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Belize Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 10,768.010 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 7,571.512 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.012 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (BZD bn) 2.140 2030 yearly 1996 - 2030
Forecast: Government Net Debt (BZD bn) 4.122 2023 yearly 2001 - 2023
Forecast: Government Revenue (BZD bn) 2.018 2030 yearly 1996 - 2030
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 0.498 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 2.600 2030 yearly 1990 - 2030
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 1.207 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.061 2030 yearly 1980 - 2030

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