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Background

Belize was the site of several Mayan city states until their decline at the end of the first millennium A.D. The British and Spanish disputed the region in the 17th and 18th centuries; it formally became the colony of British Honduras in 1854. Territorial disputes between the UK and Guatemala delayed the independence of Belize until 1981. Guatemala refused to recognize the new nation until 1992 and the two countries are involved in an ongoing border dispute. Guatemala and Belize are gearing up for a simultaneous referendum to determine if this dispute will go before the International Court of Justice at The Hague. Tourism has become the mainstay of the economy. Current concerns include an unsustainable foreign debt, high unemployment, growing involvement in the South American drug trade, high crime rates, and increasing incidences of HIV/AIDS.

Population

314,522 (July 2010 est.)

Government type

6 districts; Belize, Cayo, Corozal, Orange Walk, Stann Creek, Toledo

Administrative divisions

parliamentary democracy and a Commonwealth realm

Independence

Independence Day, 21 September (1981)

International organization participation

blue with a narrow red stripe along the top and the bottom edges; centered is a large white disk bearing the coat of arms; the coat of arms features a shield flanked by two workers in front of a mahogany tree with the related motto SUB UMBRA FLOREO (I Flourish in the Shade) on a scroll at the bottom, all encircled by a green garland of 50 mahogany leaves; the colors are those of the two main political parties: blue for the PUP and red for the UDP; various elements of the coat of arms - the figures, the tools, the mahogany tree, and the garland of leaves - recall the logging industry that led to British settlement of Belize

Economy - overview

Market value of publicly traded shares

garment production, food processing, tourism, construction, oil

Agriculture - products

0.5% (2009 est.)

Industries

213.5 million kWh (2007 est.)

Industrial production growth rate

198.5 million kWh (2007 est.)

Electricity - production

0 kWh (2008 est.)

Internet country code

34,000 (2008)

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