Gross domestic product (GDP) in Belize
Belize: Gross domestic product (GDP) was 4.87 billion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Belize, 1970–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Belize recorded 4.87 billion international-$ in 2021 prices for gross domestic product (gdp) in 2023. That is the highest value across all 54 years on record.
The figure is up 1.1% on the previous year and up 33.2% over ten years.
Over the whole period, gross domestic product (gdp) in Belize peaked at 4.87 billion international-$ in 2021 prices in 2023 and was at its lowest, 520.09 million international-$ in 2021 prices, in 1972.
Belize ranks 167th of 184 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 645.70 million international-$ in 2021 prices | 520.09 million international-$ in 2021 prices | 764.34 million international-$ in 2021 prices | 10 |
| 1980s | 1.03 billion international-$ in 2021 prices | 825.07 million international-$ in 2021 prices | 1.51 billion international-$ in 2021 prices | 10 |
| 1990s | 1.98 billion international-$ in 2021 prices | 1.69 billion international-$ in 2021 prices | 2.11 billion international-$ in 2021 prices | 10 |
| 2000s | 2.96 billion international-$ in 2021 prices | 2.29 billion international-$ in 2021 prices | 3.51 billion international-$ in 2021 prices | 10 |
| 2010s | 3.67 billion international-$ in 2021 prices | 3.44 billion international-$ in 2021 prices | 4.03 billion international-$ in 2021 prices | 10 |
| 2020s | 4.46 billion international-$ in 2021 prices | 3.79 billion international-$ in 2021 prices | 4.87 billion international-$ in 2021 prices | 4 |
Countries ranked near Belize
- 164 Guinea-Bissau 5.25 billion international-$ in 2021 prices compare
- 165 Cape Verde 4.97 billion international-$ in 2021 prices compare
- 166 Aruba 4.89 billion international-$ in 2021 prices compare
- 168 Cayman Islands 4.37 billion international-$ in 2021 prices compare
- 169 Saint Lucia 4.16 billion international-$ in 2021 prices compare
- 170 Curacao 4.16 billion international-$ in 2021 prices compare
More economy & growth data for Belize
- External balance on goods and services as a percent of GDP 1.5% (2024)
- Inflation of consumer prices 1.1% (2025)
- GDP per capita 6,374 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 6.6% (2024)
- Gross domestic product (GDP) 2.70 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,374 constant 2015 US$ (2025)
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 299.82 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 149.91 million current US$ (2025)
- Taxes less subsidies on products 963.64 million current LCU (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Belize?
- Gross domestic product (gdp) in Belize was 4.87 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Belize?
- The highest recorded value was 4.87 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Belize?
- The lowest recorded value was 520.09 million international-$ in 2021 prices in 1972.
- How does Belize rank for gross domestic product (gdp)?
- Belize ranks 167th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Belize?
- Over the last ten years it is up 33.2%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.