Gross capital formation in Belize
Belize: Gross capital formation was 1.27 billion current LCU in 2024. ◆ Volatile
Latest (2024)
1.27 billion current LCU
Change on year
up 9.8%
World rank
177th
of 187 countries
All-time high
1.27 billion current LCU
in 2024
All-time low
70.25 million current LCU
in 1982
Years of data
45
1980–2024
Gross capital formation in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross capital formation in Belize stood at 1.27 billion current LCU. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 9.8% on the previous year and up 73.4% over ten years.
Over the whole period, gross capital formation in Belize peaked at 1.27 billion current LCU in 2024 and was at its lowest, 70.25 million current LCU, in 1982.
That places Belize 177th out of 187 countries with data for 2024, putting it in the bottom quarter.
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 | current LCU | Change |
|---|---|---|
| 1980 | 92.30 million current LCU | — |
| 1981 | 98.45 million current LCU | +6.7% |
| 1982 | 70.25 million current LCU | -28.6% |
| 1983 | 75.16 million current LCU | +7.0% |
| 1984 | 99.65 million current LCU | +32.6% |
| 1985 | 92.13 million current LCU | -7.5% |
| 1986 | 93.27 million current LCU | +1.2% |
| 1987 | 117.95 million current LCU | +26.5% |
| 1988 | 154.03 million current LCU | +30.6% |
| 1989 | 218.31 million current LCU | +41.7% |
| 1990 | 241.13 million current LCU | +10.5% |
| 1991 | 288.86 million current LCU | +19.8% |
| 1992 | 319.97 million current LCU | +10.8% |
| 1993 | 375.80 million current LCU | +17.4% |
| 1994 | 282.57 million current LCU | -24.8% |
| 1995 | 318.64 million current LCU | +12.8% |
| 1996 | 308.73 million current LCU | -3.1% |
| 1997 | 310.76 million current LCU | +0.7% |
| 1998 | 308.86 million current LCU | -0.6% |
| 1999 | 426.51 million current LCU | +38.1% |
| 2000 | 596.46 million current LCU | +39.8% |
| 2001 | 514.98 million current LCU | -13.7% |
| 2002 | 513.25 million current LCU | -0.3% |
| 2003 | 463.15 million current LCU | -9.8% |
| 2004 | 467.22 million current LCU | +0.9% |
| 2005 | 524.08 million current LCU | +12.2% |
| 2006 | 548.60 million current LCU | +4.7% |
| 2007 | 590.11 million current LCU | +7.6% |
| 2008 | 730.98 million current LCU | +23.9% |
| 2009 | 547.81 million current LCU | -25.1% |
| 2010 | 540.48 million current LCU | -1.3% |
| 2011 | 434.90 million current LCU | -19.5% |
| 2012 | 501.22 million current LCU | +15.2% |
| 2013 | 575.13 million current LCU | +14.7% |
| 2014 | 731.14 million current LCU | +27.1% |
| 2015 | 733.65 million current LCU | +0.3% |
| 2016 | 805.05 million current LCU | +9.7% |
| 2017 | 682.42 million current LCU | -15.2% |
| 2018 | 755.81 million current LCU | +10.8% |
| 2019 | 801.96 million current LCU | +6.1% |
| 2020 | 755.18 million current LCU | -5.8% |
| 2021 | 1.05 billion current LCU | +39.4% |
| 2022 | 1.15 billion current LCU | +9.2% |
| 2023 | 1.15 billion current LCU | +0.4% |
| 2024 | 1.27 billion current LCU | +9.8% |
Belize compared with similar countries
- Belize's 1.27 billion current LCU is below the median for upper middle income countries, which is 296.90 billion current LCU, 0% of the median. (52 countries reporting)
- Belize's 1.27 billion current LCU is below the median for Latin America & Caribbean, which is 226.36 billion current LCU, 1% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 111.15 million current LCU | 70.25 million current LCU | 218.31 million current LCU | 10 |
| 1990s | 318.18 million current LCU | 241.13 million current LCU | 426.51 million current LCU | 10 |
| 2000s | 549.67 million current LCU | 463.15 million current LCU | 730.98 million current LCU | 10 |
| 2010s | 656.18 million current LCU | 434.90 million current LCU | 805.05 million current LCU | 10 |
| 2020s | 1.08 billion current LCU | 755.18 million current LCU | 1.27 billion current LCU | 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)
- 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 gross capital formation in Belize?
- Gross capital formation in Belize was 1.27 billion current LCU 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 1.27 billion current LCU in 2024.
- What is the lowest gross capital formation recorded in Belize?
- The lowest recorded value was 70.25 million current LCU in 1982.
- How does Belize rank for gross capital formation?
- Belize ranks 177th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Belize?
- Over the last ten years it is up 73.4%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.