🏳️ Belize
Public Sector Debt · 2026
Total Debt
70.0%
of GDP
Global Rank
#64
of 192
S&P Rating
B-
Credit rating
SOE Debt
+6.5%
3 categories
5yr Change
-37pp
improving
Where the Debt Sits
Central Government
Central Government: 61.2%Subnational: 2.3%Dev Banks: 1.5%Energy SOEs: 2.5%Infrastructure: 2.5%
Full Debt Breakdown
Central Government61.2% of GDP
Central GovernmentIMF WEO — General Government Debt
61.2%Subnational / Regional2.3% of GDP
SubnationalIMF WEO — General Government Debt
2.3%Energy SOEs2.5% of GDP
Belize Electricity Ltd (BEL)IMF Art IV 2025Sole electricity provider
2.5%Infrastructure SOEs2.5% of GDP
Belize Telemedia (BTL)IMF Art IV 2025Largest telecom
1.5%Belize Water Services (BWSL)IMF Art IV 2025Sole water provider
1.0%Development Banks1.5% of GDP
Development Finance CorporationIMF Art IV 2025NPL history
1.5%Total Corporate Debt44.8% of GDP
NF corporate debt (est.)WB WDI 2020
44.8%Household Debt24.1% of GDP
Household debt (est.)WB WDI 2020
24.1%All Layers Total138.9%
Credit Ratings
S&P
B-
Moody's
Caa2
Data Sources
IMF WEO — General Government Debtgeneral_government · Updated semi_annual
Dec 202663.5% GDP
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