Gross domestic product (GDP), Constant prices, Purchasing power in Belize
Belize: Gross domestic product (GDP), Constant prices, Purchasing power was 2.39 in 2019. ◆ Volatile
Gross domestic product (GDP), Constant prices, Purchasing power in Belize, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in Belize stood at 2.39. That is the highest value across all 50 years on record.
The figure is up 0.3% on the previous year and up 21.2% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Belize peaked at 2.39 in 2019 and was at its lowest, 0.3745, in 1970.
Belize ranks 175th of 193 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Purchasing power in Belize, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.3745 | — |
| 1971 | 0.3997 | +6.7% |
| 1972 | 0.4183 | +4.7% |
| 1973 | 0.4156 | -0.6% |
| 1974 | 0.4543 | +9.3% |
| 1975 | 0.4573 | +0.7% |
| 1976 | 0.4543 | -0.7% |
| 1977 | 0.4732 | +4.2% |
| 1978 | 0.5105 | +7.9% |
| 1979 | 0.5303 | +3.9% |
| 1980 | 0.5535 | +4.4% |
| 1981 | 0.5607 | +1.3% |
| 1982 | 0.5592 | -0.3% |
| 1983 | 0.5471 | -2.2% |
| 1984 | 0.558 | +2.0% |
| 1985 | 0.5637 | +1.0% |
| 1986 | 0.5896 | +4.6% |
| 1987 | 0.6558 | +11.2% |
| 1988 | 0.7161 | +9.2% |
| 1989 | 0.8094 | +13.0% |
| 1990 | 0.9022 | +11.5% |
| 1991 | 0.9255 | +2.6% |
| 1992 | 0.9813 | +6.0% |
| 1993 | 1.04 | +6.3% |
| 1994 | 1.04 | +0.2% |
| 1995 | 1.05 | +0.6% |
| 1996 | 1.07 | +1.4% |
| 1997 | 1.1 | +3.5% |
| 1998 | 1.15 | +3.7% |
| 1999 | 1.25 | +8.8% |
| 2000 | 1.41 | +13.0% |
| 2001 | 1.47 | +4.7% |
| 2002 | 1.54 | +4.7% |
| 2003 | 1.69 | +9.3% |
| 2004 | 1.77 | +4.8% |
| 2005 | 1.8 | +1.9% |
| 2006 | 1.89 | +4.8% |
| 2007 | 1.9 | +0.5% |
| 2008 | 1.97 | +3.5% |
| 2009 | 1.97 | +0.2% |
| 2010 | 2.03 | +3.0% |
| 2011 | 2.07 | +1.9% |
| 2012 | 2.12 | +2.4% |
| 2013 | 2.15 | +1.3% |
| 2014 | 2.22 | +3.6% |
| 2015 | 2.29 | +2.8% |
| 2016 | 2.29 | +0.1% |
| 2017 | 2.33 | +1.9% |
| 2018 | 2.38 | +2.1% |
| 2019 | 2.39 | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4488 | 0.3745 | 0.5303 | 10 |
| 1980s | 0.6113 | 0.5471 | 0.8094 | 10 |
| 1990s | 1.05 | 0.9022 | 1.25 | 10 |
| 2000s | 1.74 | 1.41 | 1.97 | 10 |
| 2010s | 2.23 | 2.03 | 2.39 | 10 |
Countries ranked near Belize
- 172 Aruba 3.07 compare
- 173 Comoros 2.73 compare
- 174 Seychelles 2.44 compare
- 176 Saint Lucia 2.26 compare
- 177 San Marino 2.03 compare
- 178 Grenada 1.67 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)
- Households and NPISHs Final consumption expenditure (current LCU) 5.96 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 1.29 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 9,876 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.69 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5363 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 4,119 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 5.93 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.8023 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, purchasing power in Belize?
- Gross domestic product (gdp), constant prices, purchasing power in Belize was 2.39 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Belize?
- The highest recorded value was 2.39 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Belize?
- The lowest recorded value was 0.3745 in 1970.
- How does Belize rank for gross domestic product (gdp), constant prices, purchasing power?
- Belize ranks 175th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Belize?
- Over the last ten years it is up 21.2%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.