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Overall, Orange Walk has one of Belize's strongest and most productive economies. The poverty rate in Orange Walk is 24.9%, the second-lowest in the country. [6] The quality of life is also comparatively high due to the strong economy. The median income adjusted for Purchasing Power Parity (PPP) is about US$12,000.
The data is from the most recent year available from the World Bank API. [1] [2] [3] As differences in price levels across the world evolve, the global poverty line has to be periodically updated to reflect these changes. The World Bank updated the global poverty lines in September 2022.
Belize: 0.700: Medium human development 3 Corozal and Orange Walk: 0.672 4 Cayo (with Belmopan) 0.626 See also. List of countries by Human Development Index
The economy of Belize is a small, essentially private enterprise economy that is based primarily on agriculture, tourism, and services. The cultivation of newly discovered oil in the town of Spanish Lookout has presented new prospects and problems for this developing nation. [ 15 ]
According to the Statistical Institute of Belize, the current population stands at 441,471. [2]In conjunction with a census of the British Empire, census data was compiled for Belize in 1790, 1816, 1823, 1826, 1829, 1832, 1835, 1861, 1871, 1881, 1891, 1901, 1911, 1921, 1931 and 1946.
In 2019, the annual report of UNICEF Belize [21] reported than 49% of all Belizean children lived in multidimensional poverty, which affect directly their health status. The Country Programme 2017- 2021 [ 22 ] initiated by the Belizean Government and UNICEF, aims to implement more coherent interventions, including a focus on:
Belize's social structure is marked by enduring differences in the distribution of wealth, power, and prestige. Because of the small size of Belize's population and the intimate scale of social relations, the social distance between the rich and the poor, while significant, is nowhere as vast as in other Caribbean and Central American societies ...
The poverty gap index is an improvement over the poverty measure head count ratio, which simply counts all the people below a poverty line in a given population and considers them equally poor. [2] Poverty gap index estimates the depth of poverty by considering how far the poor are from that poverty line on average. [3]