GDP Deflator — Value US$, 2015 prices in Belize
Belize: GDP Deflator — Value US$, 2015 prices was 128.24 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Belize, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Belize recorded 128.24 USD for gdp deflator — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 6.0% on the previous year and up 28.3% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Belize peaked at 128.24 USD in 2024 and was at its lowest, 10.77 USD, in 1970.
Belize ranks 53rd of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Belize, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 10.77 USD | — |
| 1971 | 12.79 USD | +18.7% |
| 1972 | 15.89 USD | +24.2% |
| 1973 | 26.01 USD | +63.7% |
| 1974 | 31.74 USD | +22.1% |
| 1975 | 36.54 USD | +15.1% |
| 1976 | 28.99 USD | -20.7% |
| 1977 | 35.78 USD | +23.4% |
| 1978 | 37.86 USD | +5.8% |
| 1979 | 42.6 USD | +12.5% |
| 1980 | 56.29 USD | +32.1% |
| 1981 | 55.04 USD | -2.2% |
| 1982 | 51.29 USD | -6.8% |
| 1983 | 55.27 USD | +7.8% |
| 1984 | 60.48 USD | +9.4% |
| 1985 | 59.38 USD | -1.8% |
| 1986 | 61.85 USD | +4.1% |
| 1987 | 67.46 USD | +9.1% |
| 1988 | 70.36 USD | +4.3% |
| 1989 | 71.79 USD | +2.0% |
| 1990 | 70.58 USD | -1.7% |
| 1991 | 68.34 USD | -3.2% |
| 1992 | 71.11 USD | +4.1% |
| 1993 | 72.29 USD | +1.7% |
| 1994 | 74.89 USD | +3.6% |
| 1995 | 79.42 USD | +6.1% |
| 1996 | 81.28 USD | +2.3% |
| 1997 | 80.04 USD | -1.5% |
| 1998 | 81.11 USD | +1.3% |
| 1999 | 79.14 USD | -2.4% |
| 2000 | 79.52 USD | +0.5% |
| 2001 | 79.31 USD | -0.3% |
| 2002 | 80.71 USD | +1.8% |
| 2003 | 78.45 USD | -2.8% |
| 2004 | 80.03 USD | +2.0% |
| 2005 | 82.29 USD | +2.8% |
| 2006 | 85.76 USD | +4.2% |
| 2007 | 88.87 USD | +3.6% |
| 2008 | 91.86 USD | +3.4% |
| 2009 | 90.33 USD | -1.7% |
| 2010 | 91.78 USD | +1.6% |
| 2011 | 96.28 USD | +4.9% |
| 2012 | 97 USD | +0.7% |
| 2013 | 98.86 USD | +1.9% |
| 2014 | 99.96 USD | +1.1% |
| 2015 | 100 USD | +0.0% |
| 2016 | 102.11 USD | +2.1% |
| 2017 | 105.2 USD | +3.0% |
| 2018 | 105.33 USD | +0.1% |
| 2019 | 105.21 USD | -0.1% |
| 2020 | 104.56 USD | -0.6% |
| 2021 | 105.02 USD | +0.4% |
| 2022 | 112.77 USD | +7.4% |
| 2023 | 120.99 USD | +7.3% |
| 2024 | 128.24 USD | +6.0% |
Belize compared with similar countries
- Belize's 128.24 USD is above the median for upper middle income countries, which is 121.31 USD, 1.1× the median. (51 countries reporting)
- Belize's 128.24 USD is above the median for Latin America & Caribbean, which is 120.84 USD, 1.1× the median. (37 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1973 | +63.7% | 15.89 USD | 26.01 USD |
| 1980 | +32.1% | 42.6 USD | 56.29 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.9 USD | 10.77 USD | 42.6 USD | 10 |
| 1980s | 60.92 USD | 51.29 USD | 71.79 USD | 10 |
| 1990s | 75.82 USD | 68.34 USD | 81.28 USD | 10 |
| 2000s | 83.71 USD | 78.45 USD | 91.86 USD | 10 |
| 2010s | 100.17 USD | 91.78 USD | 105.33 USD | 10 |
| 2020s | 114.32 USD | 104.56 USD | 128.24 USD | 5 |
Countries ranked near Belize
- 50 Iraq 129.9 USD compare
- 51 Burkina Faso 129.25 USD compare
- 52 Israel 128.49 USD compare
- 54 Portugal 128.17 USD compare
- 55 Antigua and Barbuda 128.03 USD compare
- 56 Luxembourg 127.46 USD compare
More economy & growth data for Belize
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.27 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.54 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.40 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0004 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 3.3 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240,004 BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 0.5675 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Belize?
- Gdp deflator — value us$, 2015 prices in Belize was 128.24 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Belize?
- The highest recorded value was 128.24 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Belize?
- The lowest recorded value was 10.77 USD in 1970.
- How does Belize rank for gdp deflator — value us$, 2015 prices?
- Belize ranks 53rd out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Belize?
- Over the last ten years it is up 28.3%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).