Gross Domestic Product — Value Standard Local Currency, 2015 prices in Belize
Belize: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 5,504 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Belize, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Belize is 5,504 million SLC, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 8.2% on the previous year and up 28.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Belize peaked at 5,504 million SLC in 2024 and was at its lowest, 518.33 million SLC, in 1970.
That places Belize 170th out of 194 countries with data for 2024, 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 — Value Standard Local Currency, 2015 prices in Belize, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 518.33 million SLC | — |
| 1971 | 553.25 million SLC | +6.7% |
| 1972 | 578.99 million SLC | +4.7% |
| 1973 | 575.31 million SLC | -0.6% |
| 1974 | 628.8 million SLC | +9.3% |
| 1975 | 632.96 million SLC | +0.7% |
| 1976 | 628.8 million SLC | -0.7% |
| 1977 | 654.95 million SLC | +4.2% |
| 1978 | 706.66 million SLC | +7.9% |
| 1979 | 734 million SLC | +3.9% |
| 1980 | 766.09 million SLC | +4.4% |
| 1981 | 776.16 million SLC | +1.3% |
| 1982 | 773.97 million SLC | -0.3% |
| 1983 | 757.3 million SLC | -2.2% |
| 1984 | 772.32 million SLC | +2.0% |
| 1985 | 780.19 million SLC | +1.0% |
| 1986 | 816.08 million SLC | +4.6% |
| 1987 | 954.8 million SLC | +17.0% |
| 1988 | 1,097 million SLC | +14.8% |
| 1989 | 1,304 million SLC | +18.9% |
| 1990 | 1,489 million SLC | +14.2% |
| 1991 | 1,660 million SLC | +11.5% |
| 1992 | 1,859 million SLC | +12.0% |
| 1993 | 1,976 million SLC | +6.3% |
| 1994 | 1,979 million SLC | +0.2% |
| 1995 | 1,992 million SLC | +0.6% |
| 1996 | 2,013 million SLC | +1.1% |
| 1997 | 2,085 million SLC | +3.6% |
| 1998 | 2,167 million SLC | +3.9% |
| 1999 | 2,361 million SLC | +9.0% |
| 2000 | 2,668 million SLC | +13.0% |
| 2001 | 2,802 million SLC | +5.0% |
| 2002 | 2,946 million SLC | +5.1% |
| 2003 | 3,220 million SLC | +9.3% |
| 2004 | 3,370 million SLC | +4.6% |
| 2005 | 3,444 million SLC | +2.2% |
| 2006 | 3,601 million SLC | +4.6% |
| 2007 | 3,702 million SLC | +2.8% |
| 2008 | 3,704 million SLC | +0.0% |
| 2009 | 3,683 million SLC | -0.6% |
| 2010 | 3,814 million SLC | +3.5% |
| 2011 | 3,802 million SLC | -0.3% |
| 2012 | 3,942 million SLC | +3.7% |
| 2013 | 4,115 million SLC | +4.4% |
| 2014 | 4,279 million SLC | +4.0% |
| 2015 | 4,417 million SLC | +3.2% |
| 2016 | 4,417 million SLC | +0.0% |
| 2017 | 4,337 million SLC | -1.8% |
| 2018 | 4,382 million SLC | +1.0% |
| 2019 | 4,567 million SLC | +4.2% |
| 2020 | 3,932 million SLC | -13.9% |
| 2021 | 4,634 million SLC | +17.9% |
| 2022 | 5,036 million SLC | +8.7% |
| 2023 | 5,089 million SLC | +1.1% |
| 2024 | 5,504 million SLC | +8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 621.21 million SLC | 518.33 million SLC | 734 million SLC | 10 |
| 1980s | 879.7 million SLC | 757.3 million SLC | 1,304 million SLC | 10 |
| 1990s | 1,958 million SLC | 1,489 million SLC | 2,361 million SLC | 10 |
| 2000s | 3,314 million SLC | 2,668 million SLC | 3,704 million SLC | 10 |
| 2010s | 4,207 million SLC | 3,802 million SLC | 4,567 million SLC | 10 |
| 2020s | 4,839 million SLC | 3,932 million SLC | 5,504 million SLC | 5 |
Countries ranked near Belize
- 167 Liechtenstein 6,956 million SLC compare
- 168 Aruba 6,380 million SLC compare
- 169 Saint Lucia 5,753 million SLC compare
- 171 Cayman Islands 5,112 million SLC compare
- 172 Montenegro 4,809 million SLC compare
- 173 Curaçao 4,780 million SLC 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)
- Industry (including construction), value added (constant 2015 US$) 0.918 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1172 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 922.21 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.9181 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.2424 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1,907 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 5.48 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.6244 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Belize?
- Gross domestic product — value standard local currency, 2015 prices in Belize was 5,504 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Belize?
- The highest recorded value was 5,504 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Belize?
- The lowest recorded value was 518.33 million SLC in 1970.
- How does Belize rank for gross domestic product — value standard local currency, 2015 prices?
- Belize ranks 170th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Belize?
- Over the last ten years it is up 28.6%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).