Annual gdp growth in Belize
Belize: Annual gdp growth was 3.5 in 2024. ◆ Volatile
Annual gdp growth in Belize, 2000–2024
Source: Our World in Data.
Analysis
Belize recorded 3.5 for annual gdp growth in 2024.
Compared with earlier readings it is up 600.0% on the previous year and down 10.0% over ten years.
Over the whole period, annual gdp growth in Belize peaked at 17.99 in 2021 and was at its lowest, -13.52, in 2020.
Belize ranks 95th of 212 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual gdp growth in Belize, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 12.24 | — |
| 2001 | 4.99 | -59.2% |
| 2002 | 5.4 | +8.2% |
| 2003 | 9.67 | +79.1% |
| 2004 | 4.78 | -50.6% |
| 2005 | 2.22 | -53.6% |
| 2006 | 4.51 | +103.2% |
| 2007 | 3.34 | -25.9% |
| 2008 | -1.63 | -148.8% |
| 2009 | -0.45 | -72.4% |
| 2010 | 1.42 | -415.6% |
| 2011 | -0.13 | -109.2% |
| 2012 | 3.94 | -3130.8% |
| 2013 | 4.07 | +3.3% |
| 2014 | 3.89 | -4.4% |
| 2015 | 2.76 | -29.0% |
| 2016 | -0.02 | -100.7% |
| 2017 | -1.83 | +9050.0% |
| 2018 | 0.82 | -144.8% |
| 2019 | 4.26 | +419.5% |
| 2020 | -13.52 | -417.4% |
| 2021 | 17.99 | -233.1% |
| 2022 | 9.25 | -48.6% |
| 2023 | 0.5 | -94.6% |
| 2024 | 3.5 | +600.0% |
Belize compared with similar countries
- Belize's 3.5 is above the median for upper middle income countries, which is 3.5, 1.0× the median. (58 countries reporting)
- Belize's 3.5 is above the median for Latin America & Caribbean, which is 3.3, 1.1× the median. (41 countries reporting)
Biggest year-on-year movements
Years where Annual gdp growth in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | -9050.0% | -0.02 | -1.83 |
| 2012 | +3130.8% | -0.13 | 3.94 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.51 | -1.63 | 12.24 | 10 |
| 2010s | 1.92 | -1.83 | 4.26 | 10 |
| 2020s | 3.54 | -13.52 | 17.99 | 5 |
Countries ranked near Belize
More economy & growth data for Belize
- Real gdp growth, annual growth rate 601 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.94 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 120.67 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0711 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0112 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 88.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Belize?
- Annual gdp growth in Belize was 3.5 in 2024, according to Our World in Data.
- What is the highest annual gdp growth recorded in Belize?
- The highest recorded value was 17.99 in 2021.
- What is the lowest annual gdp growth recorded in Belize?
- The lowest recorded value was -13.52 in 2020.
- How does Belize rank for annual gdp growth?
- Belize ranks 95th out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Belize?
- Over the last ten years it is down 10.0%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).