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FOR CENTURIES, THE economy of Belize was based on forestry, mainly
the export of logwood, mahogany, and chicle—a tree whose sap can be
used in making gum and ice cream. Today, agriculture remains an impor-
tant part of the country's economy. Ranking second in importance is
tourism, an industry that has been growing significantly over the past two
decades. In 2014, more than one million foreign tourists visited resorts and
cities in Belize.
Farmable Land: A Major Asset
Belize’s main economic resource is its farmable land. About 38 percent of
Belize is suitable for agriculture, but less than 10 percent is under
Careful Land Use
Strengthens the Economy
(Opposite) Tourists relax on one of
Belize’s scenic beaches. Foreign visitors
provide an important source of
revenue for businesses in Belize.
(Right) A variety of vegetables for sale
in a Belizean street market. Farming has
long been a mainstay of the country’s
economy.
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