Gross Domestic Product — Value US$, 2015 prices in Belize
Belize: Gross Domestic Product — Value US$, 2015 prices was 2,752 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Belize, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in Belize is 2,752 million USD, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 8.2% on the previous year and up 28.6% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Belize peaked at 2,752 million USD in 2024 and was at its lowest, 259.17 million USD, in 1970.
That places Belize 171st out of 203 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Belize, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 259.17 million USD | — |
| 1971 | 276.63 million USD | +6.7% |
| 1972 | 289.49 million USD | +4.7% |
| 1973 | 287.66 million USD | -0.6% |
| 1974 | 314.4 million USD | +9.3% |
| 1975 | 316.48 million USD | +0.7% |
| 1976 | 314.4 million USD | -0.7% |
| 1977 | 327.48 million USD | +4.2% |
| 1978 | 353.33 million USD | +7.9% |
| 1979 | 367 million USD | +3.9% |
| 1980 | 383.05 million USD | +4.4% |
| 1981 | 388.08 million USD | +1.3% |
| 1982 | 386.98 million USD | -0.3% |
| 1983 | 378.65 million USD | -2.2% |
| 1984 | 386.16 million USD | +2.0% |
| 1985 | 390.1 million USD | +1.0% |
| 1986 | 408.04 million USD | +4.6% |
| 1987 | 477.4 million USD | +17.0% |
| 1988 | 548.29 million USD | +14.8% |
| 1989 | 651.76 million USD | +18.9% |
| 1990 | 744.52 million USD | +14.2% |
| 1991 | 829.87 million USD | +11.5% |
| 1992 | 929.74 million USD | +12.0% |
| 1993 | 988.09 million USD | +6.3% |
| 1994 | 989.65 million USD | +0.2% |
| 1995 | 996.03 million USD | +0.6% |
| 1996 | 1,007 million USD | +1.1% |
| 1997 | 1,043 million USD | +3.6% |
| 1998 | 1,083 million USD | +3.9% |
| 1999 | 1,180 million USD | +9.0% |
| 2000 | 1,334 million USD | +13.0% |
| 2001 | 1,401 million USD | +5.0% |
| 2002 | 1,473 million USD | +5.1% |
| 2003 | 1,610 million USD | +9.3% |
| 2004 | 1,685 million USD | +4.6% |
| 2005 | 1,722 million USD | +2.2% |
| 2006 | 1,801 million USD | +4.6% |
| 2007 | 1,851 million USD | +2.8% |
| 2008 | 1,852 million USD | +0.1% |
| 2009 | 1,842 million USD | -0.6% |
| 2010 | 1,907 million USD | +3.5% |
| 2011 | 1,901 million USD | -0.3% |
| 2012 | 1,971 million USD | +3.7% |
| 2013 | 2,058 million USD | +4.4% |
| 2014 | 2,139 million USD | +4.0% |
| 2015 | 2,208 million USD | +3.2% |
| 2016 | 2,209 million USD | +0.0% |
| 2017 | 2,168 million USD | -1.8% |
| 2018 | 2,191 million USD | +1.0% |
| 2019 | 2,284 million USD | +4.2% |
| 2020 | 1,966 million USD | -13.9% |
| 2021 | 2,317 million USD | +17.9% |
| 2022 | 2,518 million USD | +8.7% |
| 2023 | 2,545 million USD | +1.1% |
| 2024 | 2,752 million USD | +8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 310.6 million USD | 259.17 million USD | 367 million USD | 10 |
| 1980s | 439.85 million USD | 378.65 million USD | 651.76 million USD | 10 |
| 1990s | 979.08 million USD | 744.52 million USD | 1,180 million USD | 10 |
| 2000s | 1,657 million USD | 1,334 million USD | 1,852 million USD | 10 |
| 2010s | 2,104 million USD | 1,901 million USD | 2,284 million USD | 10 |
| 2020s | 2,419 million USD | 1,966 million USD | 2,752 million USD | 5 |
Countries ranked near Belize
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)
- GNI (current LCU), annual growth rate 2.87 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1.9 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 14,953 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -26.64 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -26.64 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 3.02 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1504 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 1,155 current US$ per person (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Belize?
- Gross domestic product — value us$, 2015 prices in Belize was 2,752 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Belize?
- The highest recorded value was 2,752 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Belize?
- The lowest recorded value was 259.17 million USD in 1970.
- How does Belize rank for gross domestic product — value us$, 2015 prices?
- Belize ranks 171st out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 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 US$, 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).