The Millennium Development Goals provided Belize with a basis on which to track and measure its development progress. The country’s strategies have been clear, deliberate, and consistent, resulting in considerable advancement towards most of the MDG goals compared to the rest of the region.
MDG 1: Eradicate extreme poverty and hunger – off target
None of the targets under MDG1 were achieved, since instead of trending downwards, poverty and indigence increased from 2002.
Between 2002 and 2009, the proportion of Belize population below $1.25 per day increased from 33.5 to 41.3 percent (15.8 percent of whom are classified as extremely poor). The target for halving the poverty gap ratio was also not achieved, and only negligible change was recorded within the same period, from 10.9 in 2002 to 10.8 in 2009.
The growth of GDP per worker has trended downward since 2000, and was at 3.12 percent at the end of 2007. However, the downward trend changed and increased to 4.7 percent in 2012 following increased efficiency in the use of labour coupled with a shift in the type of productive activities in the economy after Belize became a petroleum exporter in 2005. (more…)