Gross domestic income in Belize
Belize: Gross domestic income was 5.32 billion constant LCU in 2024. ▲ Rising
Gross domestic income in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross domestic income in Belize is 5.32 billion constant LCU, measured in 2024. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 4.4% on the previous year and up 24.3% over ten years.
Over the whole period, gross domestic income in Belize peaked at 5.32 billion constant LCU in 2024 and was at its lowest, 938.65 million constant LCU, in 1985.
That places Belize 166th out of 178 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Gross domestic income in Belize, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1980 | 1.15 billion constant LCU | — |
| 1981 | 977.50 million constant LCU | -14.8% |
| 1982 | 986.87 million constant LCU | +1.0% |
| 1983 | 978.71 million constant LCU | -0.8% |
| 1984 | 1.01 billion constant LCU | +3.7% |
| 1985 | 938.65 million constant LCU | -7.5% |
| 1986 | 1.01 billion constant LCU | +7.3% |
| 1987 | 1.17 billion constant LCU | +16.2% |
| 1988 | 1.31 billion constant LCU | +12.0% |
| 1989 | 1.45 billion constant LCU | +10.4% |
| 1990 | 1.78 billion constant LCU | +23.0% |
| 1991 | 1.95 billion constant LCU | +9.4% |
| 1992 | 2.08 billion constant LCU | +7.0% |
| 1993 | 2.19 billion constant LCU | +5.2% |
| 1994 | 2.19 billion constant LCU | -0.0% |
| 1995 | 2.19 billion constant LCU | +0.1% |
| 1996 | 2.25 billion constant LCU | +2.4% |
| 1997 | 2.29 billion constant LCU | +1.9% |
| 1998 | 2.41 billion constant LCU | +5.2% |
| 1999 | 2.61 billion constant LCU | +8.3% |
| 2000 | 2.89 billion constant LCU | +10.7% |
| 2001 | 2.99 billion constant LCU | +3.7% |
| 2002 | 3.17 billion constant LCU | +5.9% |
| 2003 | 3.33 billion constant LCU | +5.1% |
| 2004 | 3.40 billion constant LCU | +2.0% |
| 2005 | 3.41 billion constant LCU | +0.4% |
| 2006 | 3.40 billion constant LCU | -0.5% |
| 2007 | 3.89 billion constant LCU | +14.4% |
| 2008 | 3.73 billion constant LCU | -4.0% |
| 2009 | 3.30 billion constant LCU | -11.5% |
| 2010 | 3.58 billion constant LCU | +8.5% |
| 2011 | 3.72 billion constant LCU | +4.0% |
| 2012 | 3.82 billion constant LCU | +2.6% |
| 2013 | 4.04 billion constant LCU | +5.7% |
| 2014 | 4.28 billion constant LCU | +5.9% |
| 2015 | 4.45 billion constant LCU | +4.0% |
| 2016 | 4.59 billion constant LCU | +3.2% |
| 2017 | 4.68 billion constant LCU | +1.9% |
| 2018 | 4.54 billion constant LCU | -2.9% |
| 2019 | 4.69 billion constant LCU | +3.3% |
| 2020 | 3.87 billion constant LCU | -17.6% |
| 2021 | 4.67 billion constant LCU | +20.7% |
| 2022 | 5.11 billion constant LCU | +9.5% |
| 2023 | 5.09 billion constant LCU | -0.4% |
| 2024 | 5.32 billion constant LCU | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.10 billion constant LCU | 938.65 million constant LCU | 1.45 billion constant LCU | 10 |
| 1990s | 2.19 billion constant LCU | 1.78 billion constant LCU | 2.61 billion constant LCU | 10 |
| 2000s | 3.35 billion constant LCU | 2.89 billion constant LCU | 3.89 billion constant LCU | 10 |
| 2010s | 4.24 billion constant LCU | 3.58 billion constant LCU | 4.69 billion constant LCU | 10 |
| 2020s | 4.81 billion constant LCU | 3.87 billion constant LCU | 5.32 billion constant LCU | 5 |
Countries ranked near Belize
- 163 Kosovo 6.83 billion constant LCU compare
- 164 Tajikistan 6.04 billion constant LCU compare
- 165 Guam 5.42 billion constant LCU compare
- 167 Montenegro 5.20 billion constant LCU compare
- 168 Sao Tome and Principe 5.08 billion constant LCU compare
- 169 United States Virgin Islands 3.39 billion constant LCU 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)
- 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 domestic income in Belize?
- Gross domestic income in Belize was 5.32 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic income recorded in Belize?
- The highest recorded value was 5.32 billion constant LCU in 2024.
- What is the lowest gross domestic income recorded in Belize?
- The lowest recorded value was 938.65 million constant LCU in 1985.
- How does Belize rank for gross domestic income?
- Belize ranks 166th out of 178 countries with data for 2024.
- Is gross domestic income rising or falling in Belize?
- Over the last ten years it is up 24.3%. The long-run trend across the full record is rising.
- 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 domestic income (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.