Gross capital formation in Belize
Belize: Gross capital formation was 19.8% in 2024. ▼ Falling
Gross capital formation in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross capital formation in Belize is 19.8%, measured in 2024.
The figure is up 4.6% on the previous year and up 15.7% over ten years.
Over the whole period, gross capital formation in Belize peaked at 26.2% in 2000 and was at its lowest, 11.9%, in 2011.
That places Belize 132nd out of 186 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 45 years of available data.
Gross capital formation in Belize, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 17.9% | — |
| 1981 | 18.9% | +5.3% |
| 1982 | 14.1% | -25.1% |
| 1983 | 14.3% | +1.4% |
| 1984 | 17.2% | +19.7% |
| 1985 | 16.0% | -6.6% |
| 1986 | 15.0% | -6.6% |
| 1987 | 15.9% | +6.2% |
| 1988 | 18.3% | +15.0% |
| 1989 | 22.2% | +21.6% |
| 1990 | 22.1% | -0.8% |
| 1991 | 24.2% | +9.8% |
| 1992 | 23.0% | -5.0% |
| 1993 | 25.0% | +8.6% |
| 1994 | 18.3% | -26.7% |
| 1995 | 19.5% | +6.3% |
| 1996 | 18.2% | -6.7% |
| 1997 | 17.8% | -1.9% |
| 1998 | 16.6% | -6.6% |
| 1999 | 21.3% | +28.3% |
| 2000 | 26.2% | +22.8% |
| 2001 | 22.0% | -16.2% |
| 2002 | 20.6% | -6.1% |
| 2003 | 17.7% | -14.2% |
| 2004 | 16.7% | -5.7% |
| 2005 | 17.8% | +6.5% |
| 2006 | 17.2% | -3.0% |
| 2007 | 17.3% | +0.3% |
| 2008 | 21.0% | +21.6% |
| 2009 | 16.2% | -22.8% |
| 2010 | 15.5% | -4.8% |
| 2011 | 11.9% | -23.2% |
| 2012 | 13.1% | +10.1% |
| 2013 | 14.1% | +8.1% |
| 2014 | 17.1% | +21.0% |
| 2015 | 16.7% | -2.2% |
| 2016 | 18.0% | +7.5% |
| 2017 | 15.1% | -16.2% |
| 2018 | 16.5% | +9.8% |
| 2019 | 16.8% | +1.9% |
| 2020 | 18.4% | +9.5% |
| 2021 | 21.7% | +17.5% |
| 2022 | 20.2% | -6.8% |
| 2023 | 18.9% | -6.3% |
| 2024 | 19.8% | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.0% | 14.1% | 22.2% | 10 |
| 1990s | 20.6% | 16.6% | 25.0% | 10 |
| 2000s | 19.3% | 16.2% | 26.2% | 10 |
| 2010s | 15.5% | 11.9% | 18.0% | 10 |
| 2020s | 19.8% | 18.4% | 21.7% | 5 |
Countries ranked near Belize
- 129 Papua New Guinea 20.0% compare
- 130 Mauritius 19.9% compare
- 131 Netherlands 19.8% compare
- 133 United Kingdom 19.7% compare
- 134 Solomon Islands 19.5% compare
- 135 Cameroon 19.3% 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)
- Industry (including construction), value added (constant 2015 US$) 0.918 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1172 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 922.21 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.9181 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.2424 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1,907 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 5.48 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.6244 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation in Belize?
- Gross capital formation in Belize was 19.8% 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 26.2% in 2000.
- What is the lowest gross capital formation recorded in Belize?
- The lowest recorded value was 11.9% in 2011.
- How does Belize rank for gross capital formation?
- Belize ranks 132nd out of 186 countries with data for 2024.
- Is gross capital formation rising or falling in Belize?
- Over the last ten years it is up 15.7%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.