Gross Domestic Product, GDP in millions constant 2021 international $ in Belize
Belize: Gross Domestic Product, GDP in millions constant 2021 international $ was 2.17 % change on previous year in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Belize, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Belize recorded 2.17 % change on previous year for gross domestic product, gdp in millions constant 2021 international $ in 2027.
That represents a change of down 11.4% on the previous year and up 219.4% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Belize peaked at 17.99 % change on previous year in 2021 and was at its lowest, -13.52 % change on previous year, in 2020.
Belize ranks 141st of 189 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product, GDP in millions constant 2021 international $ in Belize, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 12.73 % change on previous year | — |
| 1993 | 6.14 % change on previous year | -51.8% |
| 1994 | -0.0198 % change on previous year | -100.3% |
| 1995 | 0.7329 % change on previous year | -3798.2% |
| 1996 | 1.11 % change on previous year | +51.0% |
| 1997 | 4.23 % change on previous year | +282.8% |
| 1998 | 3.89 % change on previous year | -8.1% |
| 1999 | 9.42 % change on previous year | +142.2% |
| 2000 | 12.24 % change on previous year | +29.9% |
| 2001 | 4.99 % change on previous year | -59.2% |
| 2002 | 5.4 % change on previous year | +8.1% |
| 2003 | 9.67 % change on previous year | +79.1% |
| 2004 | 4.78 % change on previous year | -50.5% |
| 2005 | 2.22 % change on previous year | -53.6% |
| 2006 | 4.51 % change on previous year | +103.3% |
| 2007 | 3.35 % change on previous year | -25.7% |
| 2008 | -1.68 % change on previous year | -150.2% |
| 2009 | -0.3893 % change on previous year | -76.9% |
| 2010 | 1.11 % change on previous year | -386.2% |
| 2011 | -0.2447 % change on previous year | -122.0% |
| 2012 | 3.74 % change on previous year | -1627.6% |
| 2013 | 4.45 % change on previous year | +19.2% |
| 2014 | 4.03 % change on previous year | -9.5% |
| 2015 | 2.88 % change on previous year | -28.7% |
| 2016 | 0.0546 % change on previous year | -98.1% |
| 2017 | -1.81 % change on previous year | -3421.1% |
| 2018 | 1.11 % change on previous year | -161.3% |
| 2019 | 4.27 % change on previous year | +284.3% |
| 2020 | -13.52 % change on previous year | -416.9% |
| 2021 | 17.99 % change on previous year | -233.0% |
| 2022 | 9.25 % change on previous year | -48.6% |
| 2023 | 0.5 % change on previous year | -94.6% |
| 2024 | 3.5 % change on previous year | +601.1% |
| 2025 | 1.49 % change on previous year | -57.5% |
| 2026 | 2.44 % change on previous year | +64.1% |
| 2027 | 2.17 % change on previous year | -11.4% |
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 international $ 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.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +3798.2% | -0.0198 % change on previous year | 0.7329 % change on previous year |
| 2017 | -3421.1% | 0.0546 % change on previous year | -1.81 % change on previous year |
| 2012 | +1627.6% | -0.2447 % change on previous year | 3.74 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.78 % change on previous year | -0.0198 % change on previous year | 12.73 % change on previous year | 8 |
| 2000s | 4.51 % change on previous year | -1.68 % change on previous year | 12.24 % change on previous year | 10 |
| 2010s | 1.96 % change on previous year | -1.81 % change on previous year | 4.45 % change on previous year | 10 |
| 2020s | 2.98 % change on previous year | -13.52 % change on previous year | 17.99 % change on previous year | 8 |
Countries ranked near Belize
- 138 Venezuela, Bolivarian Republic of 2.24 % change on previous year compare
- 139 Thailand 2.19 % change on previous year compare
- 140 Afghanistan 2.19 % change on previous year compare
- 142 Australia 2.15 % change on previous year compare
- 143 Korea 2.15 % change on previous year compare
- 144 Lithuania 2.13 % change on previous year 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)
- 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 domestic product, gdp in millions constant 2021 international $ in Belize?
- Gross domestic product, gdp in millions constant 2021 international $ in Belize was 2.17 % change on previous year in 2027, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Belize?
- The highest recorded value was 17.99 % change on previous year in 2021.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Belize?
- The lowest recorded value was -13.52 % change on previous year in 2020.
- How does Belize rank for gross domestic product, gdp in millions constant 2021 international $?
- Belize ranks 141st out of 189 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Belize?
- Over the last ten years it is up 219.4%. 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 in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
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
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.