Feb 25, 2021
Diana Trejo
Like so many things postponed due to corona virus, the national census taken every ten years is being pushed back yet again. Originally rescheduled for 2021, the Statistical Institute of Belize now says they have opted to reschedule once more. So don’t expect house-to-house census takers coming to visit you, during the COVID-19 crisis.
Diana Trejo, Acting Director General, S.I.B.
“Government has looked once more at the situation at the start of this year and so it was decided to post-poned until May 2022 for several reasons. First and foremost, being the safety of our census workers and staff, as well as the respondents. As you know, census is a face-to-face type of activity and having people going from community to community and various households increases the risk of spreading the virus greatly. There is also the issue of response rate, within the context of a pandemic and a spreading virus – there is a strong likelihood that we m
The Statistical Institute of Belize’s (SIB) preliminary fourth quarter Gross Domestic Product (GDP) estimates showed that, during the months of October to December 2020, the overall level of production for the country of Belize declined by 13.1% in comparison to the same three months in 2019. The total value of goods and services produced within the country for this period stood at $592.6 million, down $89.6 million from $682.2 million produced in the fourth quarter of 2019.
The services sector remained the most severely impacted by COVID-19, decreasing by 18.8% during the fourth quarter. Despite the reopening of the international airport to international travelers in October of 2020, only a marginal number of tourist arrivals were recorded. Additionally, significant decreases were seen in the ‘Wholesale and Retail Trade’ and ‘Transport, Storage and Communication’ industries as well as in ‘Taxes on Products’. On the other hand, the primary sector increased by 0.6%, att
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Monthly Economic Highlights – November 2020
02/17/2021 | 05:11am EDT
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Message : Acronyms: CPI bn Notes: 1. Since May of 1976, the Belize dollar has been fixed to the US dollar at the rate of US$1.00 = BZ$2.00. revised. charts. ii Central Bank of Belize Table of Contents Table A.2: Net Foreign Assets of the Banking System 18 Table A.3: Net Domestic Credit 19 Table A.4: Sectoral Composition of Domestic Banks Loans and Advances 20 Table A.5: Sectoral Composition of Credit Unions Loans and Advances 21 Table A.6: Domestic Banks Liquidity Position and Cash Reserves 22 Table A.7: Domestic Banks Weighted Average Interest Rates 22 Table A.8: Domestic Banks (Rolling) Weighted Average Interest Rates 23 on New Loans and Deposits