Gross Domestic Product, GDP in millions constant 2021 international $ in Belize
Belize: Gross Domestic Product, GDP in millions constant 2021 international $ was 5,609 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Belize, 1991–2027
Source: International Labour Organization.
Analysis
In 2027, gross domestic product, gdp in millions constant 2021 international $ in Belize stood at 5,609. That is the highest value across all 37 years on record.
Compared with earlier readings it is up 2.2% on the previous year and up 29.9% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Belize peaked at 5,609 in 2027 and was at its lowest, 1,687, in 1991.
Belize ranks 178th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Belize, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 1,687 | — |
| 1992 | 1,902 | +12.7% |
| 1993 | 2,019 | +6.1% |
| 1994 | 2,018 | -0.0% |
| 1995 | 2,033 | +0.7% |
| 1996 | 2,055 | +1.1% |
| 1997 | 2,142 | +4.2% |
| 1998 | 2,226 | +3.9% |
| 1999 | 2,436 | +9.4% |
| 2000 | 2,734 | +12.2% |
| 2001 | 2,870 | +5.0% |
| 2002 | 3,025 | +5.4% |
| 2003 | 3,318 | +9.7% |
| 2004 | 3,476 | +4.8% |
| 2005 | 3,553 | +2.2% |
| 2006 | 3,714 | +4.5% |
| 2007 | 3,838 | +3.4% |
| 2008 | 3,774 | -1.7% |
| 2009 | 3,759 | -0.4% |
| 2010 | 3,801 | +1.1% |
| 2011 | 3,792 | -0.2% |
| 2012 | 3,933 | +3.7% |
| 2013 | 4,108 | +4.5% |
| 2014 | 4,274 | +4.0% |
| 2015 | 4,397 | +2.9% |
| 2016 | 4,399 | +0.1% |
| 2017 | 4,320 | -1.8% |
| 2018 | 4,368 | +1.1% |
| 2019 | 4,554 | +4.3% |
| 2020 | 3,938 | -13.5% |
| 2021 | 4,647 | +18.0% |
| 2022 | 5,076 | +9.3% |
| 2023 | 5,102 | +0.5% |
| 2024 | 5,281 | +3.5% |
| 2025 | 5,359 | +1.5% |
| 2026 | 5,490 | +2.4% |
| 2027 | 5,609 | +2.2% |
Belize compared with similar countries
- Belize's 5,609 is below the median for upper middle income countries, which is 133,081, 4% of the median. (53 countries reporting)
- Belize's 5,609 is below the median for Latin America & Caribbean, which is 125,506, 4% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,058 | 1,687 | 2,436 | 9 |
| 2000s | 3,406 | 2,734 | 3,838 | 10 |
| 2010s | 4,195 | 3,792 | 4,554 | 10 |
| 2020s | 5,063 | 3,938 | 5,609 | 8 |
Countries ranked near Belize
- 175 Central African Republic 6,454 compare
- 176 Barbados 6,037 compare
- 177 Cape Verde 5,977 compare
- 179 Saint Lucia 4,764 compare
- 180 Western Sahara 4,531 compare
- 181 United States Virgin Islands 3,807 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 5,609 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Belize?
- The highest recorded value was 5,609 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Belize?
- The lowest recorded value was 1,687 in 1991.
- How does Belize rank for gross domestic product, gdp in millions constant 2021 international $?
- Belize ranks 178th out of 188 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 29.9%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.