Gross capital formation in Belize
Belize: Gross capital formation was 4.5% in 2024. ◆ Volatile
Gross capital formation in Belize, 1981–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2024, gross capital formation in Belize stood at 4.5%.
The figure is up 175.0% on the previous year and down 82.9% over ten years.
Over the whole period, gross capital formation in Belize peaked at 36.9% in 1999 and was at its lowest, -31.7%, in 1982.
Belize ranks 84th of 168 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.
Gross capital formation in Belize, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1981 | 0.6% | — |
| 1982 | -31.7% | -5373.6% |
| 1983 | 2.1% | -106.8% |
| 1984 | 30.3% | +1315.5% |
| 1985 | -8.1% | -126.5% |
| 1986 | 2.3% | -128.3% |
| 1987 | 26.4% | +1058.0% |
| 1988 | 28.0% | +6.1% |
| 1989 | 33.3% | +18.9% |
| 1990 | -6.9% | -120.8% |
| 1991 | 23.3% | -437.7% |
| 1992 | 5.1% | -78.2% |
| 1993 | 14.1% | +177.4% |
| 1994 | -23.5% | -267.1% |
| 1995 | 9.5% | -140.6% |
| 1996 | -3.7% | -138.8% |
| 1997 | -0.3% | -92.0% |
| 1998 | -1.6% | +452.8% |
| 1999 | 36.9% | -2350.4% |
| 2000 | 29.7% | -19.5% |
| 2001 | -6.6% | -122.3% |
| 2002 | -4.4% | -34.0% |
| 2003 | -13.5% | +207.2% |
| 2004 | -5.8% | -57.1% |
| 2005 | 9.8% | -270.0% |
| 2006 | 0.8% | -92.3% |
| 2007 | 6.0% | +685.0% |
| 2008 | 20.6% | +245.6% |
| 2009 | -23.9% | -216.0% |
| 2010 | -8.0% | -66.3% |
| 2011 | -20.1% | +149.7% |
| 2012 | 12.8% | -163.7% |
| 2013 | 12.3% | -4.1% |
| 2014 | 26.4% | +115.3% |
| 2015 | 2.8% | -89.3% |
| 2016 | 11.0% | +289.6% |
| 2017 | -15.5% | -241.5% |
| 2018 | 8.0% | -151.6% |
| 2019 | 6.0% | -25.3% |
| 2020 | -5.2% | -186.0% |
| 2021 | 28.3% | -648.8% |
| 2022 | 2.0% | -92.8% |
| 2023 | 1.6% | -19.0% |
| 2024 | 4.5% | +175.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.3% | -31.7% | 33.3% | 9 |
| 1990s | 5.3% | -23.5% | 36.9% | 10 |
| 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)
- GDP (constant 2015 US$), annual growth rate 2.75 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8104 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 6,374 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.75 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1.62 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 12,772 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 1.2 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.1977 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation in Belize?
- Gross capital formation in Belize was 4.5% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Belize?
- The highest recorded value was 36.9% in 1999.
- What is the lowest gross capital formation recorded in Belize?
- The lowest recorded value was -31.7% in 1982.
- How does Belize rank for gross capital formation?
- Belize ranks 84th out of 168 countries with data for 2024.
- Is 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.