Adjusted savings: consumption of fixed capital in Belize
Belize: Adjusted savings: consumption of fixed capital was 19.7% in 2021. ▲ Rising
Adjusted savings: consumption of fixed capital in Belize, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: consumption of fixed capital in Belize stood at 19.7%. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 10.0% on the previous year and up 13.0% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Belize peaked at 19.7% in 2021 and was at its lowest, 4.5%, in 1998.
Belize ranks 24th of 204 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted savings: consumption of fixed capital in Belize, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 7.6% | — |
| 1971 | 7.7% | +1.1% |
| 1972 | 9.0% | +16.7% |
| 1973 | 9.4% | +4.5% |
| 1974 | 10.1% | +8.0% |
| 1975 | 9.9% | -2.4% |
| 1976 | 9.6% | -3.1% |
| 1977 | 10.2% | +6.5% |
| 1978 | 9.1% | -10.7% |
| 1979 | 9.0% | -1.4% |
| 1980 | 5.6% | -37.5% |
| 1981 | 6.2% | +10.3% |
| 1982 | 7.4% | +20.1% |
| 1983 | 7.6% | +1.9% |
| 1984 | 7.5% | -1.2% |
| 1985 | 7.7% | +2.3% |
| 1986 | 6.9% | -10.7% |
| 1987 | 6.8% | -1.0% |
| 1988 | 6.8% | +1.0% |
| 1989 | 6.5% | -5.8% |
| 1990 | 6.4% | -1.3% |
| 1991 | 6.6% | +3.9% |
| 1992 | 6.2% | -5.9% |
| 1993 | 6.2% | -0.6% |
| 1994 | 5.0% | -18.5% |
| 1995 | 5.3% | +4.6% |
| 1996 | 4.8% | -9.1% |
| 1997 | 4.7% | -1.4% |
| 1998 | 4.5% | -5.0% |
| 1999 | 5.8% | +29.1% |
| 2000 | 15.3% | +163.9% |
| 2001 | 15.6% | +1.8% |
| 2002 | 15.5% | -0.1% |
| 2003 | 15.8% | +1.4% |
| 2004 | 16.0% | +1.8% |
| 2005 | 16.2% | +0.8% |
| 2006 | 16.1% | -0.4% |
| 2007 | 16.7% | +3.6% |
| 2008 | 17.6% | +5.4% |
| 2009 | 16.8% | -4.6% |
| 2010 | 17.4% | +3.9% |
| 2011 | 17.4% | -0.2% |
| 2012 | 17.2% | -0.9% |
| 2013 | 16.9% | -1.6% |
| 2014 | 16.7% | -1.5% |
| 2015 | 15.6% | -6.2% |
| 2016 | 16.0% | +2.4% |
| 2017 | 16.6% | +3.4% |
| 2018 | 16.8% | +1.6% |
| 2019 | 16.8% | -0.1% |
| 2020 | 17.9% | +6.2% |
| 2021 | 19.7% | +10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.2% | 7.6% | 10.2% | 10 |
| 1980s | 6.9% | 5.6% | 7.7% | 10 |
| 1990s | 5.5% | 4.5% | 6.6% | 10 |
| 2000s | 16.1% | 15.3% | 17.6% | 10 |
| 2010s | 16.8% | 15.6% | 17.4% | 10 |
| 2020s | 18.8% | 17.9% | 19.7% | 2 |
Countries ranked near Belize
More economy & growth data for Belize
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.27 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.54 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 5.51 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 1.1 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 8,484 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 5.97 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4652 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 3,573 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 8.2 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2113 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Belize?
- Adjusted savings: consumption of fixed capital in Belize was 19.7% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in Belize?
- The highest recorded value was 19.7% in 2021.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Belize?
- The lowest recorded value was 4.5% in 1998.
- How does Belize rank for adjusted savings: consumption of fixed capital?
- Belize ranks 24th out of 204 countries with data for 2021.
- Is adjusted savings: consumption of fixed capital rising or falling in Belize?
- Over the last ten years it is up 13.0%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.