Annual growth of the gross capital formation in Belize
Belize: Annual growth of the gross capital formation was 4.5% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Belize, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Belize recorded 4.5% for annual growth of the gross capital formation in 2024.
The figure is up 175.6% on the previous year and down 82.9% over ten years.
Over the whole period, annual growth of the gross capital formation in Belize peaked at 29.7% in 2000 and was at its lowest, -23.9%, in 2009.
Belize ranks 68th of 167 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 growth of the gross capital formation in Belize, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 29.7% | — |
| 2001 | -6.6% | -122.3% |
| 2002 | -4.4% | -34.0% |
| 2003 | -13.5% | +207.3% |
| 2004 | -5.8% | -57.1% |
| 2005 | 9.8% | -270.0% |
| 2006 | 0.8% | -92.3% |
| 2007 | 6.0% | +682.9% |
| 2008 | 20.6% | +245.7% |
| 2009 | -23.9% | -216.0% |
| 2010 | -8.0% | -66.3% |
| 2011 | -20.1% | +149.6% |
| 2012 | 12.8% | -163.7% |
| 2013 | 12.3% | -4.1% |
| 2014 | 26.4% | +115.4% |
| 2015 | 2.8% | -89.3% |
| 2016 | 11.0% | +289.7% |
| 2017 | -15.6% | -241.5% |
| 2018 | 8.0% | -151.6% |
| 2019 | 6.0% | -25.3% |
| 2020 | -5.2% | -186.0% |
| 2021 | 28.3% | -648.9% |
| 2022 | 2.0% | -92.8% |
| 2023 | 1.6% | -19.2% |
| 2024 | 4.5% | +175.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | -23.9% | 29.7% | 10 |
| 2010s | 3.6% | -20.1% | 26.4% | 10 |
| 2020s | 6.3% | -5.2% | 28.3% | 5 |
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)
- Industry (including construction), value added (constant 2015 US$) 0.918 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1172 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 922.21 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.9181 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.2424 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1,907 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 5.48 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.6244 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Belize?
- Annual growth of the gross capital formation in Belize was 4.5% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Belize?
- The highest recorded value was 29.7% in 2000.
- What is the lowest annual growth of the gross capital formation recorded in Belize?
- The lowest recorded value was -23.9% in 2009.
- How does Belize rank for annual growth of the gross capital formation?
- Belize ranks 68th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Belize?
- Over the last ten years it is down 82.9%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).