Belize's Fourth Quarter GDP Analysis 2011-2016
In this presentation, Angelita Campbell, Statistician II, Economic Statistics, delves into Belize's Gross Domestic Product (GDP) performance in the fourth quarter of 2016. The GDP was $666.7 million, marking a 1.2% decrease from the same period the previous year. The primary industries, including agriculture and fishing, saw fluctuations in production levels. Banana, pig, and cattle production data from 2011 to 2016 are also discussed, along with marine exports and secondary industries like manufacturing and mining. The presentation provides a comprehensive overview of Belize's economic landscape during the specified period.
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Gross Domestic Product, 4thQuarter Angelita Campbell Statistician II, Economic Statistics
Presentation Outline Gross Domestic Product Fourth Quarter 2016 Questions and Comments
3 GDP, October December 2016 Belize produced goods and services totalling $666.7 million GDP -1.2% A decrease of $7.9 million or 1.2% from same period last year.
Fourth Quarter GDP; 2011 - 2016 674.6M Millions of Belize Dollars 666.7M 4
Fourth Quarter GDP Growth Rate; 2011 - 2016 2.8% -1.2% 5
6 Primary Industries Agriculture, Hunting and Forestry 13.9% Banana ( 30%) Livestock ( 5%) Swine 2200 more heads produced Cattle 1300 more heads Sugarcane delivered ( 21%) Primary Industries 12.4% Fishing 6.1% $79 Thousand Less in Marine Exports $297 Thousand more Shrimp $376 Thousand decrease in Other Marine
7 Fourth Quarter Banana Production; 2011 - 2016 30 In the fourth quarter of 2016, Belize produced a total of 16 thousand metric tons of bananas. 28 26 22 17 16 2011 2012 2013 2014 2015 2016 Thousands of Metric Tons
Fourth quarter pig production, 2011 - 2016 Thousands of heads 8.5 8.2 7.1 5.8 5.5 5.5
Fourth quarter cattle production, 2011 - 2016 Thousands of heads 6.0 4.5 3.8 3.6 2.9 2.7
Fourth Quarter Marine Exports; 2011- 2016 Thousands of pounds (lbs.) 1,459 1,554 10
11 Secondary Industries Manufacturing and Mining 4.6% Petroleum ( 14.6%) Beverages ( 7.5%) Flour ( 4.0%) Sugar ( 33.3%) Secondary Industries 3.6% Electricity and Water 7.7% Electricity ( 9.1%) Water ( 1.7%)
Fourth quarter petroleum extraction, 2011 - 2016 Thousands of barrels 350 321 300 237 250 182 200 152 150 123 105 100 50 0 2011 2012 2013 2014 2015 2016
Fourth quarter beer production, 2011 - 2016 Thousands of gallons 674 670 627 624 603 513
Fourth quarter electricity generation, 2011 - 2016 Thousands of MWH 98 96 95 86 80 43
Fourth quarter water production, 2011 - 2016 Millions of gallons 600 590 544 525 486 465
16 Tertiary Industries Wholesale & Retail Trade 0.04% Tertiary Industries 0.8% Hotel & Restaurants 7.1% 14.9% Cruise Visitors 3.4% Overnight Visitors Government Services 1.0%
Fourth Quarter Tourist Arrivals (000s); 2011- 2016 305 92 2016 266 89 2015 273 71 2014 198 69 2013 185 67 2012 229 58 2011 Cruise Ship Overnight 17
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