Unemployment Rate in Belize decreased to 7.70 percent in 2019 from 9.40 percent in 2018.

Unemployment Rate in Belize averaged 11.33 percent from 1993 until 2019, reaching an all time high of 23.30 percent in 2010 and a record low of 7.70 percent in 2019. This page provides - Belize Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belize Unemployment Rate - values, historical data and charts - was last updated on October of 2020.

Unemployment Rate in Belize is expected to reach 12.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Unemployment Rate is projected to trend around 11.00 percent in 2021 and 9.50 percent in 2022, according to our econometric models.

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Belize Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.70 9.40 23.30 7.70 1993 - 2019 percent Yearly

Belize Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.70 9.40 23.30 7.70 percent [+]
Employed Persons 164.80 155.90 164.80 62.10 Thousand [+]
Unemployed Persons 13.49 16.14 24.39 10.17 Thousand [+]
Population 0.40 0.40 0.40 0.21 Million [+]


Belize Unemployment Rate
In Belize, the unemployment rate measures the number of people actively looking for a job as a percentage of the labor force.