Belize's economy recorded 5.1% year-on-year growth during the first quarter of 2026, reflecting continued strength across key sectors, including tourism, services, and domestic business activity. The latest figures highlight the country's resilient economic performance as employment remains historically strong and private sector activity continues to expand.

Despite the positive GDP results, officials are keeping a close watch on external trade, as merchandise exports declined during May due to weaker earnings from sugar, citrus, and banana exports. At the same time, inflation has remained elevated, underscoring ongoing cost pressures for households and businesses.

Economists say Belize's near-term outlook remains positive, supported by continued investment, tourism demand, and ongoing economic reforms. However, strengthening export performance and maintaining consumer confidence will be critical to sustaining growth through the remainder of 2026.