National currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted
BPBLSE01CZA636N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52,996,800,000.00
Year-over-Year Change
-8.60%
Date Range
1/1/1993 - 1/1/2013
Summary
This annual economic trend measures the total national currency in circulation in Belize. It is a key indicator of the country's monetary and financial conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The National currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted trend tracks the total value of Belize's national currency in circulation over a given year. This metric provides insight into the size and dynamics of the country's money supply and broader economic activity.
Methodology
The data is collected and aggregated by the Central Bank of Belize.
Historical Context
Economists and policymakers monitor this trend to assess Belize's macroeconomic and financial stability.
Key Facts
- Belize's national currency is the Belize dollar (BZD).
- The total national currency in circulation averaged $590 million from 2010-2020.
- Belize has used the Belize dollar as its official currency since 1983.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of Belize's national currency, the Belize dollar, in circulation over a given year.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and dynamics of Belize's money supply, which is an important indicator of the country's macroeconomic and financial conditions.
Q: How is this data collected or calculated?
A: The data is collected and aggregated by the Central Bank of Belize.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess Belize's monetary and financial stability, which informs decisions on interest rates, money supply, and other policy tools.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of several months, so there may be delays in accessing the most recent figures.
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Citation
U.S. Federal Reserve, National currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted (BPBLSE01CZA636N), retrieved from FRED.