Latitude: 17.4166667000 Longitude: -88.3833333000
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Egypt, Belize
Some random facts about Belize |
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| Electricity - production by source: | fossil fuel: 59.9% hydro: 40.1% nuclear: 0% other: 0% (2001) |
| Economy - overview: | In this small, essentially private-enterprise economy tourism is the number one foreign exchange earner followed by exports of marine products, citrus, cane sugar, bananas, and garments. The government's expansionary monetary and fiscal policies, initiated in September 1998, led to sturdy GDP growth averaging nearly 4% in 1999-2006. Major concerns continue to be the sizable trade deficit and unsustainable foreign debt. The government in 2006 announced it would seek a restructuring of its sovereign debt and has been negotiating with international creditors to find an acceptable formula for doing so. A key short-term objective remains the reduction of poverty with the help of international donors. |
| Imports - partners: | US 31%, Mexico 11.6%, Russia 8.8%, Cuba 6%, Guatemala 5.6%, China 4.6%, Spain 4.5% (2005) |
| Currency (code): | Belizean dollar (BZD) |
| Maritime claims: | territorial sea: 12 nm in the north, 3 nm in the south; note - from the mouth of the Sarstoon River to Ranguana Cay, Belize's territorial sea is 3 nm; according to Belize's Maritime Areas Act, 1992, the purpose of this limitation is to provide a framework for negotiating a definitive agreement on territorial differences with Guatemala exclusive economic zone: 200 nm |
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