GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Belize

Belize: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 6 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6 % change on previous year
Change on year
down 17.7%
World rank
54th
of 209 countries
All-time high
66.85 % change on previous year
in 1973
All-time low
-6.81 % change on previous year
in 1982
Years of data
54
1971–2024

GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Belize, 1971–2024

0204060197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Belize recorded 6 % change on previous year for gdp deflator — value standard local currency, 2015 prices, annual in 2024.

Compared with earlier readings it is down 17.7% on the previous year and up 439.1% over ten years.

Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Belize peaked at 66.85 % change on previous year in 1973 and was at its lowest, -6.81 % change on previous year, in 1982.

Belize ranks 54th of 209 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.

GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Belize, year by year

Annual values for GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Belize, 1971 to 2024.
Year % change on previous year Change
1971 17.11 % change on previous year
1972 21.04 % change on previous year +23.0%
1973 66.85 % change on previous year +217.8%
1974 27.91 % change on previous year -58.3%
1975 21.63 % change on previous year -22.5%
1976 -2.32 % change on previous year -110.7%
1977 10.89 % change on previous year -568.6%
1978 5.82 % change on previous year -46.5%
1979 12.53 % change on previous year +115.2%
1980 32.11 % change on previous year +156.2%
1981 -2.21 % change on previous year -106.9%
1982 -6.81 % change on previous year +208.3%
1983 7.76 % change on previous year -213.9%
1984 9.42 % change on previous year +21.4%
1985 -1.81 % change on previous year -119.2%
1986 4.15 % change on previous year -329.5%
1987 9.07 % change on previous year +118.6%
1988 4.3 % change on previous year -52.6%
1989 2.04 % change on previous year -52.6%
1990 -1.68 % change on previous year -182.4%
1991 -3.18 % change on previous year +89.4%
1992 4.06 % change on previous year -227.6%
1993 1.65 % change on previous year -59.3%
1994 3.6 % change on previous year +117.7%
1995 6.05 % change on previous year +68.3%
1996 2.35 % change on previous year -61.3%
1997 -1.53 % change on previous year -165.1%
1998 1.34 % change on previous year -187.7%
1999 -2.43 % change on previous year -281.7%
2000 0.476 % change on previous year -119.6%
2001 -0.2535 % change on previous year -153.3%
2002 1.75 % change on previous year -792.2%
2003 -2.8 % change on previous year -259.5%
2004 2.01 % change on previous year -171.9%
2005 2.82 % change on previous year +40.3%
2006 4.22 % change on previous year +49.3%
2007 3.62 % change on previous year -14.1%
2008 3.37 % change on previous year -7.1%
2009 -1.66 % change on previous year -149.3%
2010 1.6 % change on previous year -196.6%
2011 4.91 % change on previous year +206.3%
2012 0.7409 % change on previous year -84.9%
2013 1.92 % change on previous year +159.2%
2014 1.11 % change on previous year -42.1%
2015 0.0409 % change on previous year -96.3%
2016 2.11 % change on previous year +5061.7%
2017 3.03 % change on previous year +43.2%
2018 0.1264 % change on previous year -95.8%
2019 -0.1149 % change on previous year -190.9%
2020 -0.6254 % change on previous year +444.4%
2021 0.4438 % change on previous year -171.0%
2022 7.38 % change on previous year +1563.7%
2023 7.28 % change on previous year -1.4%
2024 6 % change on previous year -17.7%

Belize compared with similar countries

  • Belize's 6 % change on previous year is above the median for upper middle income countries, which is 3.82 % change on previous year, 1.6× the median. (51 countries reporting)
  • Belize's 6 % change on previous year is above the median for Latin America & Caribbean, which is 3.66 % change on previous year, 1.6× the median. (37 countries reporting)

Biggest year-on-year movements

Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual 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.

YearChange FromTo
2016 +5061.7% 0.0409 % change on previous year 2.11 % change on previous year
2022 +1563.7% 0.4438 % change on previous year 7.38 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 20.16 % change on previous year -2.32 % change on previous year 66.85 % change on previous year 9
1980s 5.8 % change on previous year -6.81 % change on previous year 32.11 % change on previous year 10
1990s 1.02 % change on previous year -3.18 % change on previous year 6.05 % change on previous year 10
2000s 1.36 % change on previous year -2.8 % change on previous year 4.22 % change on previous year 10
2010s 1.55 % change on previous year -0.1149 % change on previous year 4.91 % change on previous year 10
2020s 4.1 % change on previous year -0.6254 % change on previous year 7.38 % change on previous year 5

Countries ranked near Belize

  1. 51 Antigua and Barbuda 6.32 % change on previous year compare
  2. 52 Kenya 6.32 % change on previous year compare
  3. 53 Central African Republic 6 % change on previous year compare
  4. 55 Iceland 5.86 % change on previous year compare
  5. 56 Colombia 5.78 % change on previous year compare
  6. 57 Cuba 5.74 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is gdp deflator — value standard local currency, 2015 prices, annual in Belize?
Gdp deflator — value standard local currency, 2015 prices, annual in Belize was 6 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Belize?
The highest recorded value was 66.85 % change on previous year in 1973.
What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Belize?
The lowest recorded value was -6.81 % change on previous year in 1982.
How does Belize rank for gdp deflator — value standard local currency, 2015 prices, annual?
Belize ranks 54th out of 209 countries with data for 2024.
Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Belize?
Over the last ten years it is up 439.1%. The long-run trend across the full record is volatile.
Where does this Belize data come from?
The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Belize. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-standard-local-currency-2015-prices-annual-growth-rate/belize/

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How this figure is calculated

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,569 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.