Gross domestic product (GDP), per unit of GDP in Belize
Belize: Gross domestic product (GDP), per unit of GDP was 1.6 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
1.6 international-$ in 2021 prices per US$ of GDP
Change on year
down 5.8%
World rank
122nd
of 180 countries
All-time high
10.4 international-$ in 2021 prices per US$ of GDP
in 1970
All-time low
1.52 international-$ in 2021 prices per US$ of GDP
in 2017
Years of data
54
1970–2023
Gross domestic product (GDP), per unit of GDP in Belize, 1970–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
Belize recorded 1.6 international-$ in 2021 prices per US$ of GDP for gross domestic product (gdp), per unit of gdp in 2023.
That represents a change of down 5.8% on the previous year and down 11.2% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Belize peaked at 10.4 international-$ in 2021 prices per US$ of GDP in 1970 and was at its lowest, 1.52 international-$ in 2021 prices per US$ of GDP, in 2017.
That places Belize 122nd out of 180 countries with data for 2023, putting it 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), per unit of GDP in Belize, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1970 | 10.4 international-$ in 2021 prices per US$ of GDP | — |
| 1971 | 10.1 international-$ in 2021 prices per US$ of GDP | -2.9% |
| 1972 | 7.88 international-$ in 2021 prices per US$ of GDP | -22.0% |
| 1973 | 7.77 international-$ in 2021 prices per US$ of GDP | -1.4% |
| 1974 | 6.71 international-$ in 2021 prices per US$ of GDP | -13.6% |
| 1975 | 5.79 international-$ in 2021 prices per US$ of GDP | -13.8% |
| 1976 | 6.55 international-$ in 2021 prices per US$ of GDP | +13.1% |
| 1977 | 5.84 international-$ in 2021 prices per US$ of GDP | -10.7% |
| 1978 | 5.24 international-$ in 2021 prices per US$ of GDP | -10.4% |
| 1979 | 5.04 international-$ in 2021 prices per US$ of GDP | -3.9% |
| 1980 | 3.39 international-$ in 2021 prices per US$ of GDP | -32.6% |
| 1981 | 3.16 international-$ in 2021 prices per US$ of GDP | -6.7% |
| 1982 | 3.47 international-$ in 2021 prices per US$ of GDP | +9.6% |
| 1983 | 3.28 international-$ in 2021 prices per US$ of GDP | -5.4% |
| 1984 | 3.02 international-$ in 2021 prices per US$ of GDP | -7.8% |
| 1985 | 3.19 international-$ in 2021 prices per US$ of GDP | +5.5% |
| 1986 | 3.38 international-$ in 2021 prices per US$ of GDP | +5.9% |
| 1987 | 3.25 international-$ in 2021 prices per US$ of GDP | -3.7% |
| 1988 | 3.18 international-$ in 2021 prices per US$ of GDP | -2.4% |
| 1989 | 3.08 international-$ in 2021 prices per US$ of GDP | -3.1% |
| 1990 | 3.1 international-$ in 2021 prices per US$ of GDP | +0.7% |
| 1991 | 3.17 international-$ in 2021 prices per US$ of GDP | +2.2% |
| 1992 | 2.83 international-$ in 2021 prices per US$ of GDP | -10.8% |
| 1993 | 2.73 international-$ in 2021 prices per US$ of GDP | -3.5% |
| 1994 | 2.72 international-$ in 2021 prices per US$ of GDP | -0.3% |
| 1995 | 2.57 international-$ in 2021 prices per US$ of GDP | -5.3% |
| 1996 | 2.48 international-$ in 2021 prices per US$ of GDP | -3.5% |
| 1997 | 2.2 international-$ in 2021 prices per US$ of GDP | -11.5% |
| 1998 | 2.08 international-$ in 2021 prices per US$ of GDP | -5.6% |
| 1999 | 2.03 international-$ in 2021 prices per US$ of GDP | -2.3% |
| 2000 | 2.01 international-$ in 2021 prices per US$ of GDP | -0.9% |
| 2001 | 1.99 international-$ in 2021 prices per US$ of GDP | -1.1% |
| 2002 | 2.08 international-$ in 2021 prices per US$ of GDP | +4.9% |
| 2003 | 2.17 international-$ in 2021 prices per US$ of GDP | +4.2% |
| 2004 | 2.12 international-$ in 2021 prices per US$ of GDP | -2.3% |
| 2005 | 2.1 international-$ in 2021 prices per US$ of GDP | -0.8% |
| 2006 | 2.1 international-$ in 2021 prices per US$ of GDP | +0.0% |
| 2007 | 2.06 international-$ in 2021 prices per US$ of GDP | -2.2% |
| 2008 | 1.96 international-$ in 2021 prices per US$ of GDP | -4.7% |
| 2009 | 1.91 international-$ in 2021 prices per US$ of GDP | -2.4% |
| 2010 | 2.04 international-$ in 2021 prices per US$ of GDP | +6.6% |
| 2011 | 2.06 international-$ in 2021 prices per US$ of GDP | +1.3% |
| 2012 | 2 international-$ in 2021 prices per US$ of GDP | -3.3% |
| 2013 | 1.8 international-$ in 2021 prices per US$ of GDP | -10.0% |
| 2014 | 1.74 international-$ in 2021 prices per US$ of GDP | -3.0% |
| 2015 | 1.62 international-$ in 2021 prices per US$ of GDP | -7.1% |
| 2016 | 1.56 international-$ in 2021 prices per US$ of GDP | -3.9% |
| 2017 | 1.52 international-$ in 2021 prices per US$ of GDP | -2.5% |
| 2018 | 1.57 international-$ in 2021 prices per US$ of GDP | +3.4% |
| 2019 | 1.69 international-$ in 2021 prices per US$ of GDP | +8.0% |
| 2020 | 1.85 international-$ in 2021 prices per US$ of GDP | +9.3% |
| 2021 | 1.79 international-$ in 2021 prices per US$ of GDP | -3.4% |
| 2022 | 1.69 international-$ in 2021 prices per US$ of GDP | -5.4% |
| 2023 | 1.6 international-$ in 2021 prices per US$ of GDP | -5.8% |
Belize compared with similar countries
- Belize's 1.6 international-$ in 2021 prices per US$ of GDP is below the median for upper middle income countries, which is 2.35 international-$ in 2021 prices per US$ of GDP, 68% of the median. (51 countries reporting)
- Belize's 1.6 international-$ in 2021 prices per US$ of GDP is below the median for Latin America & Caribbean, which is 1.7 international-$ in 2021 prices per US$ of GDP, 94% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), per unit of GDP 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 |
|---|---|---|---|
| 1980 | -32.6% | 5.04 international-$ in 2021 prices per US$ of GDP | 3.39 international-$ in 2021 prices per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.13 international-$ in 2021 prices per US$ of GDP | 5.04 international-$ in 2021 prices per US$ of GDP | 10.4 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 3.24 international-$ in 2021 prices per US$ of GDP | 3.02 international-$ in 2021 prices per US$ of GDP | 3.47 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 2.59 international-$ in 2021 prices per US$ of GDP | 2.03 international-$ in 2021 prices per US$ of GDP | 3.17 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 2.05 international-$ in 2021 prices per US$ of GDP | 1.91 international-$ in 2021 prices per US$ of GDP | 2.17 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 1.76 international-$ in 2021 prices per US$ of GDP | 1.52 international-$ in 2021 prices per US$ of GDP | 2.06 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 1.73 international-$ in 2021 prices per US$ of GDP | 1.6 international-$ in 2021 prices per US$ of GDP | 1.85 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Belize
- 119 Dominica 1.62 international-$ in 2021 prices per US$ of GDP compare
- 120 Saudi Arabia 1.61 international-$ in 2021 prices per US$ of GDP compare
- 121 Kuwait 1.61 international-$ in 2021 prices per US$ of GDP compare
- 123 Hungary 1.6 international-$ in 2021 prices per US$ of GDP compare
- 124 South Korea 1.58 international-$ in 2021 prices per US$ of GDP compare
- 125 United Arab Emirates 1.56 international-$ in 2021 prices per US$ of GDP 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$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Belize?
- Gross domestic product (gdp), per unit of gdp in Belize was 1.6 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Belize?
- The highest recorded value was 10.4 international-$ in 2021 prices per US$ of GDP in 1970.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Belize?
- The lowest recorded value was 1.52 international-$ in 2021 prices per US$ of GDP in 2017.
- How does Belize rank for gross domestic product (gdp), per unit of gdp?
- Belize ranks 122nd out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Belize?
- Over the last ten years it is down 11.2%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.