The average and minimum salary in Belize show the economic reality of one of the most beautiful countries in South America
The average and minimum salary in Belize are interesting data to analyze the economic of this Central American country. If you want to invest in this country, this post is brings useful economic data about Belize.
Let’s analyze below the minimum and average wage in Belize, and understand the reality of one of the most visited destinations in the Americas.
Minimum Salary in Belize
The minimum salary in Belize s of BZ$3.25 per hour (approximately 1.60 US dollars). That results in a monthly minimum wage of roughly 320 US dollars per month. The minimum salary in Belize hasn’t changed since 2003 as of 2019. More information is available here.
That is comparable to the salaries in other Central American countries. In Guatemala, the minimum wage is basically the same as in Belize.
Average Salary in Belize
The average salary in Belize is considerably higher than the minimum salary. Overall salaries can vary from different sectors, and those involving services to foreigners tend to offer higher salaries.
The average salary in Belize is around 800 USD per month. It is important to stress that salaries in Belize vary greatly depending on the profession.
More data on Belizean salaries can be found here.
Belize Economic Outlook
Belize is a pretty small country and has a quite limited economy. The biggest economic sectors in Belize are tourism, agriculture and the services industry.
Belize is also a good destination for internet based companies. It has an extremely attractive tax system for Belizean companies with income earned outside Belize.
Interesting Resources for Working and Living Abroad
Are you really considering to work and live abroad, temporarily or permanently? Below are some resources that might be useful for you around the web:
World Nomads: this company provides travel insurance in most countries around the world. It might be a good option if you going for a long travel.
Jetradar: Compare and book flights around the world with our own flight search fare tool.
Booking.com: Booking.com is the best choice for finding accommodation for your next trip, with a wide variety of choices for all types of travelers.
You may also want to check our website guides:
Train Travel Guide: in our railway travel guide, you will learn how to choose and ride the most scenic train routes around the world. Travel always in the most comfortable way with optimal prices to enhance your travel experience.
Dating Guide: our dating guide will help you not only to find love but to understand the social customs of each country. It will also help you to avoid dating scams around the internet and find people really interested in honest relationships.
Work Abroad Guide: Learn how to find a job and employment requirements in different countries. From the initial job search, to bargaining salaries, this guide will help you to find job in most countries around the world. It also covers about remote work and TEFL jobs.