Gross domestic product (GDP), Current prices, Domestic currency in Belize

Belize: Gross domestic product (GDP), Current prices, Domestic currency was 1.89 % change on previous year in 2019. ◆ Volatile

Latest (2019)
1.89 % change on previous year
Change on year
up 0.4%
World rank
163rd
of 194 countries
All-time high
65.79 % change on previous year
in 1973
All-time low
-7.08 % change on previous year
in 1982
Years of data
49
1971–2019

Gross domestic product (GDP), Current prices, Domestic currency in Belize, 1971–2019

0204060197119952019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2019, gross domestic product (gdp), current prices, domestic currency in Belize stood at 1.89 % change on previous year.

Compared with earlier readings it is up 0.4% on the previous year and up 175.2% over ten years.

Over the whole period, gross domestic product (gdp), current prices, domestic currency in Belize peaked at 65.79 % change on previous year in 1973 and was at its lowest, -7.08 % change on previous year, in 1982.

That places Belize 163rd out of 194 countries with data for 2019, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), Current prices, Domestic currency in Belize, year by year

Annual values for Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate in Belize, 1971 to 2019.
Year % change on previous year Change
1971 25 % change on previous year —
1972 26.67 % change on previous year +6.7%
1973 65.79 % change on previous year +146.7%
1974 39.8 % change on previous year -39.5%
1975 22.44 % change on previous year -43.6%
1976 -2.97 % change on previous year -113.2%
1977 15.5 % change on previous year -622.7%
1978 14.18 % change on previous year -8.5%
1979 16.89 % change on previous year +19.1%
1980 37.89 % change on previous year +124.4%
1981 -0.9244 % change on previous year -102.4%
1982 -7.08 % change on previous year +665.5%
1983 5.44 % change on previous year -176.9%
1984 11.59 % change on previous year +113.0%
1985 -0.8061 % change on previous year -107.0%
1986 8.94 % change on previous year -1208.9%
1987 21.33 % change on previous year +138.6%
1988 13.89 % change on previous year -34.9%
1989 15.32 % change on previous year +10.3%
1990 11.65 % change on previous year -24.0%
1991 6.71 % change on previous year -42.4%
1992 8.17 % change on previous year +21.8%
1993 8.03 % change on previous year -1.7%
1994 3.75 % change on previous year -53.3%
1995 6.76 % change on previous year +80.2%
1996 3.43 % change on previous year -49.3%
1997 2.02 % change on previous year -41.2%
1998 5.3 % change on previous year +162.9%
1999 6.35 % change on previous year +19.8%
2000 13.56 % change on previous year +113.6%
2001 4.36 % change on previous year -67.8%
2002 6.53 % change on previous year +49.9%
2003 6.32 % change on previous year -3.3%
2004 6.9 % change on previous year +9.2%
2005 4.82 % change on previous year -30.1%
2006 9.81 % change on previous year +103.6%
2007 5.08 % change on previous year -48.2%
2008 6.27 % change on previous year +23.5%
2009 -2.52 % change on previous year -140.2%
2010 4.54 % change on previous year -280.5%
2011 6.07 % change on previous year +33.6%
2012 4.25 % change on previous year -30.0%
2013 3.71 % change on previous year -12.7%
2014 5.28 % change on previous year +42.3%
2015 3.67 % change on previous year -30.5%
2016 2.98 % change on previous year -18.8%
2017 3.46 % change on previous year +16.4%
2018 1.88 % change on previous year -45.6%
2019 1.89 % change on previous year +0.4%

Belize compared with similar countries

  • Belize's 1.89 % change on previous year is below the median for upper middle income countries, which is 5.34 % change on previous year, 35% of the median. (57 countries reporting)
  • Belize's 1.89 % change on previous year is below the median for Latin America & Caribbean, which is 3.8 % change on previous year, 50% of the median. (34 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Current prices, Domestic currency in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1986 +1208.9% -0.8061 % change on previous year 8.94 % change on previous year
1982 -665.5% -0.9244 % change on previous year -7.08 % change on previous year
1977 +622.7% -2.97 % change on previous year 15.5 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 24.81 % change on previous year -2.97 % change on previous year 65.79 % change on previous year 9
1980s 10.56 % change on previous year -7.08 % change on previous year 37.89 % change on previous year 10
1990s 6.22 % change on previous year 2.02 % change on previous year 11.65 % change on previous year 10
2000s 6.11 % change on previous year -2.52 % change on previous year 13.56 % change on previous year 10
2010s 3.77 % change on previous year 1.88 % change on previous year 6.07 % change on previous year 10

Countries ranked near Belize

  1. 160 Greece 2.05 % change on previous year compare
  2. 161 Azerbaijan 1.98 % change on previous year compare
  3. 162 Democratic Republic of Congo 1.93 % change on previous year compare
  4. 164 Saint Vincent and the Grenadines 1.74 % change on previous year compare
  5. 165 Bolivia 1.51 % change on previous year compare
  6. 166 Japan 1.26 % change on previous year compare

See the full ranking of 194 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is gross domestic product (gdp), current prices, domestic currency in Belize?
Gross domestic product (gdp), current prices, domestic currency in Belize was 1.89 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Belize?
The highest recorded value was 65.79 % change on previous year in 1973.
What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Belize?
The lowest recorded value was -7.08 % change on previous year in 1982.
How does Belize rank for gross domestic product (gdp), current prices, domestic currency?
Belize ranks 163rd out of 194 countries with data for 2019.
Is gross domestic product (gdp), current prices, domestic currency rising or falling in Belize?
Over the last ten years it is up 175.2%. The long-run trend across the full record is volatile.
Where does this Belize data come from?
The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Current prices, Domestic currency in Belize. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-current-prices-domestic-currency-annual-growth-rate/belize/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 10,054 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.