GDP Deflator — Value Standard Local Currency, 2015 prices in Belize
Belize: GDP Deflator — Value Standard Local Currency, 2015 prices was 128.24 SLC in 2024. ▲ Rising
GDP Deflator — Value Standard Local Currency, 2015 prices in Belize, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2024, gdp deflator — value standard local currency, 2015 prices in Belize stood at 128.24 SLC. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 6.0% on the previous year and up 28.3% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Belize peaked at 128.24 SLC in 2024 and was at its lowest, 8.98 SLC, in 1970.
That places Belize 126th out of 209 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value Standard Local Currency, 2015 prices in Belize, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 8.98 SLC | — |
| 1971 | 10.51 SLC | +17.1% |
| 1972 | 12.72 SLC | +21.0% |
| 1973 | 21.23 SLC | +66.8% |
| 1974 | 27.16 SLC | +27.9% |
| 1975 | 33.03 SLC | +21.6% |
| 1976 | 32.26 SLC | -2.3% |
| 1977 | 35.78 SLC | +10.9% |
| 1978 | 37.86 SLC | +5.8% |
| 1979 | 42.6 SLC | +12.5% |
| 1980 | 56.29 SLC | +32.1% |
| 1981 | 55.04 SLC | -2.2% |
| 1982 | 51.29 SLC | -6.8% |
| 1983 | 55.27 SLC | +7.8% |
| 1984 | 60.48 SLC | +9.4% |
| 1985 | 59.38 SLC | -1.8% |
| 1986 | 61.85 SLC | +4.1% |
| 1987 | 67.46 SLC | +9.1% |
| 1988 | 70.36 SLC | +4.3% |
| 1989 | 71.79 SLC | +2.0% |
| 1990 | 70.58 SLC | -1.7% |
| 1991 | 68.34 SLC | -3.2% |
| 1992 | 71.11 SLC | +4.1% |
| 1993 | 72.29 SLC | +1.7% |
| 1994 | 74.89 SLC | +3.6% |
| 1995 | 79.42 SLC | +6.1% |
| 1996 | 81.28 SLC | +2.3% |
| 1997 | 80.04 SLC | -1.5% |
| 1998 | 81.11 SLC | +1.3% |
| 1999 | 79.14 SLC | -2.4% |
| 2000 | 79.52 SLC | +0.5% |
| 2001 | 79.31 SLC | -0.3% |
| 2002 | 80.71 SLC | +1.8% |
| 2003 | 78.45 SLC | -2.8% |
| 2004 | 80.03 SLC | +2.0% |
| 2005 | 82.29 SLC | +2.8% |
| 2006 | 85.76 SLC | +4.2% |
| 2007 | 88.87 SLC | +3.6% |
| 2008 | 91.86 SLC | +3.4% |
| 2009 | 90.33 SLC | -1.7% |
| 2010 | 91.78 SLC | +1.6% |
| 2011 | 96.28 SLC | +4.9% |
| 2012 | 97 SLC | +0.7% |
| 2013 | 98.86 SLC | +1.9% |
| 2014 | 99.96 SLC | +1.1% |
| 2015 | 100 SLC | +0.0% |
| 2016 | 102.11 SLC | +2.1% |
| 2017 | 105.2 SLC | +3.0% |
| 2018 | 105.33 SLC | +0.1% |
| 2019 | 105.21 SLC | -0.1% |
| 2020 | 104.56 SLC | -0.6% |
| 2021 | 105.02 SLC | +0.4% |
| 2022 | 112.77 SLC | +7.4% |
| 2023 | 120.99 SLC | +7.3% |
| 2024 | 128.24 SLC | +6.0% |
Belize compared with similar countries
- Belize's 128.24 SLC is below the median for upper middle income countries, which is 140.19 SLC, 91% of the median. (51 countries reporting)
- Belize's 128.24 SLC is above the median for Latin America & Caribbean, which is 128.24 SLC, 1.0× the median. (37 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices 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 |
|---|---|---|---|
| 1973 | +66.8% | 12.72 SLC | 21.23 SLC |
| 1980 | +32.1% | 42.6 SLC | 56.29 SLC |
| 1974 | +27.9% | 21.23 SLC | 27.16 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.21 SLC | 8.98 SLC | 42.6 SLC | 10 |
| 1980s | 60.92 SLC | 51.29 SLC | 71.79 SLC | 10 |
| 1990s | 75.82 SLC | 68.34 SLC | 81.28 SLC | 10 |
| 2000s | 83.71 SLC | 78.45 SLC | 91.86 SLC | 10 |
| 2010s | 100.17 SLC | 91.78 SLC | 105.33 SLC | 10 |
| 2020s | 114.32 SLC | 104.56 SLC | 128.24 SLC | 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0084 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Belize?
- Gdp deflator — value standard local currency, 2015 prices in Belize was 128.24 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Belize?
- The highest recorded value was 128.24 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Belize?
- The lowest recorded value was 8.98 SLC in 1970.
- How does Belize rank for gdp deflator — value standard local currency, 2015 prices?
- Belize ranks 126th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Belize?
- Over the last ten years it is up 28.3%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).