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 | To provide, with the highest degree of integrity, quality and with strict adherence to professional and international standards, accurate, reliable and timely statistical information to facilitate effective policy and decision making for local and international clients. |
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News letter.. |
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For the ninth consecutive month, imports declined with total expenditure amounting to $119.1mn, an 11.8% fall off when compared to the same month of 2008. On the other hand, for the second month, domestic export earnings continued its upward trend growing by 8.5% over the same period of 2008.
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The unemployment rate stood at 12.6% in September of 2009.
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After out-performing many countries in 2008 and growing by 3.6 percent, the Belizean economy could no longer stave off the effects from the global downturn and contracted for the first two quarters in 2009.
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After declines for three consecutive quarters, the Consumer Price Index (CPI) shows that the overall price level rose by 0.8 percent between May and August 2009.
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SIB Releases Second Quarter 2009 GDP Results
SIB
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After out-performing many countries in 2008 and growing by 3.6 percent, the Belizean economy could no longer stave off the effects from the global downturn and contracted for the first two quarters in 2009. According to preliminary figures, over the first six months of 2009, the Belizean economy contracted 1.7 percent year on year, compared to a 3.0 percent expansion over the same period in 2008. In terms of declines per quarters, it was down 2.0 percent in the first quarter and 1.3 percent in the second quarter. For more detailed results please click here.
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11/3/2009
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