FinObservatory

Crisis atlas / BLZ

Belize

4 distinct crisis events in 3 episodes, 20072017, from the union of five primary chronologies.

Debt profile: government debt trajectory and crisis-start levels →

0
Banking crises
0
Currency crises
4
Sovereign debt crises
4
Crisis events
2007–2017
Span

Crisis timeline

Every distinct (year, type) event, most recent first, with the chronologies flagging it. Start-year sources (GMD, JST) do not mark continuation years, so long episodes show lower agreement after their first year.

  1. 2017
    Sovereign debtgmd, laeven_valencia2 sources
  2. 2013
    Sovereign debtlaeven_valencia1 source
  3. 2012
    Sovereign debtgmd, laeven_valencia2 sources
  4. 2007
    Sovereign debtgmd, laeven_valencia2 sources

Source: Global Macro Database 2026_06 (Müller, Xu, Lehbib & Chen 2025) | Jordà-Schularick-Taylor Macrohistory R6 | Laeven & Valencia (2020) | Reinhart-Rogoff via HBS BFFS | ECB/ESRB Financial Crises Database Methodology

Macro context around each episode

Inflation, central-bank policy rate, and government debt in a window of five years either side of each crisis episode (consecutive crisis years bridged across gaps of up to two years). Crisis years shaded.

2007

Sovereign debt
Inflation (% y/y)
-2.502.557.5200220072012
Policy rate (%)
01020200220072012
Govt debt (% of GDP)
0255075200220072012

2012–2013

Sovereign debt
Inflation (% y/y)
-2.502.557.5200720122018
Policy rate (%)
01020200720122018
Govt debt (% of GDP)
050100200720122018

2017

Sovereign debt
Inflation (% y/y)
-2.502.557.5201220172022
Policy rate (%)
051015201220172022
Govt debt (% of GDP)
050100150201220172022

Source: Global Macro Database 2026_06 (Müller, Xu, Lehbib & Chen 2025) Inflation is % year over year; policy rate is the central-bank rate in %; government debt is % of GDP. Methodology