Gross Domestic Product — Value US$ in Belize
Belize: Gross Domestic Product — Value US$ was 3,529 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Belize, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$ in Belize stood at 3,529 million USD. That is the highest value across all 55 years on record.
That represents a change of up 14.6% on the previous year and up 65.0% over ten years.
Over the whole period, gross domestic product — value us$ in Belize peaked at 3,529 million USD in 2024 and was at its lowest, 27.92 million USD, in 1970.
That places Belize 194th out of 236 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$ in Belize, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 27.92 million USD | — |
| 1971 | 35.39 million USD | +26.7% |
| 1972 | 46 million USD | +30.0% |
| 1973 | 74.81 million USD | +62.6% |
| 1974 | 99.8 million USD | +33.4% |
| 1975 | 115.63 million USD | +15.9% |
| 1976 | 91.15 million USD | -21.2% |
| 1977 | 117.16 million USD | +28.5% |
| 1978 | 133.77 million USD | +14.2% |
| 1979 | 156.36 million USD | +16.9% |
| 1980 | 215.6 million USD | +37.9% |
| 1981 | 213.61 million USD | -0.9% |
| 1982 | 198.49 million USD | -7.1% |
| 1983 | 209.29 million USD | +5.4% |
| 1984 | 233.54 million USD | +11.6% |
| 1985 | 231.66 million USD | -0.8% |
| 1986 | 252.37 million USD | +8.9% |
| 1987 | 322.04 million USD | +27.6% |
| 1988 | 385.75 million USD | +19.8% |
| 1989 | 467.89 million USD | +21.3% |
| 1990 | 525.51 million USD | +12.3% |
| 1991 | 567.13 million USD | +7.9% |
| 1992 | 661.15 million USD | +16.6% |
| 1993 | 714.25 million USD | +8.0% |
| 1994 | 741.11 million USD | +3.8% |
| 1995 | 791.02 million USD | +6.7% |
| 1996 | 818.1 million USD | +3.4% |
| 1997 | 834.58 million USD | +2.0% |
| 1998 | 878.64 million USD | +5.3% |
| 1999 | 934.22 million USD | +6.3% |
| 2000 | 1,061 million USD | +13.6% |
| 2001 | 1,111 million USD | +4.7% |
| 2002 | 1,189 million USD | +7.0% |
| 2003 | 1,263 million USD | +6.3% |
| 2004 | 1,348 million USD | +6.8% |
| 2005 | 1,417 million USD | +5.1% |
| 2006 | 1,544 million USD | +9.0% |
| 2007 | 1,645 million USD | +6.5% |
| 2008 | 1,701 million USD | +3.4% |
| 2009 | 1,664 million USD | -2.2% |
| 2010 | 1,750 million USD | +5.2% |
| 2011 | 1,830 million USD | +4.6% |
| 2012 | 1,912 million USD | +4.4% |
| 2013 | 2,034 million USD | +6.4% |
| 2014 | 2,139 million USD | +5.1% |
| 2015 | 2,208 million USD | +3.3% |
| 2016 | 2,255 million USD | +2.1% |
| 2017 | 2,281 million USD | +1.2% |
| 2018 | 2,308 million USD | +1.2% |
| 2019 | 2,403 million USD | +4.1% |
| 2020 | 2,055 million USD | -14.5% |
| 2021 | 2,433 million USD | +18.4% |
| 2022 | 2,840 million USD | +16.7% |
| 2023 | 3,079 million USD | +8.4% |
| 2024 | 3,529 million USD | +14.6% |
Belize compared with similar countries
- Belize's 3,529 million USD is below the median for upper middle income countries, which is 44,912 million USD, 8% of the median. (54 countries reporting)
- Belize's 3,529 million USD is below the median for Latin America & Caribbean, which is 24,901 million USD, 14% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$ 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 |
|---|---|---|---|
| 1973 | +62.6% | 46 million USD | 74.81 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 89.8 million USD | 27.92 million USD | 156.36 million USD | 10 |
| 1980s | 273.02 million USD | 198.49 million USD | 467.89 million USD | 10 |
| 1990s | 746.57 million USD | 525.51 million USD | 934.22 million USD | 10 |
| 2000s | 1,394 million USD | 1,061 million USD | 1,701 million USD | 10 |
| 2010s | 2,112 million USD | 1,750 million USD | 2,403 million USD | 10 |
| 2020s | 2,787 million USD | 2,055 million USD | 3,529 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)
- SDRs holdings, US dollar, annual growth rate 4.94 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 120.67 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0711 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0112 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 88.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0084 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Belize?
- Gross domestic product — value us$ in Belize was 3,529 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Belize?
- The highest recorded value was 3,529 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Belize?
- The lowest recorded value was 27.92 million USD in 1970.
- How does Belize rank for gross domestic product — value us$?
- Belize ranks 194th out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Belize?
- Over the last ten years it is up 65.0%. 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$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).