Gross fixed capital formation in Belize
Belize: Gross fixed capital formation was 5.9% in 2024. ◆ Volatile
Gross fixed capital formation in Belize, 1981–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Belize recorded 5.9% for gross fixed capital formation in 2024.
Compared with earlier readings it is down 12.6% on the previous year and down 65.8% over ten years.
Over the whole period, gross fixed capital formation in Belize peaked at 46.6% in 1987 and was at its lowest, -25.8%, in 2009.
That places Belize 70th out of 166 countries with data for 2024, 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 fixed capital formation in Belize, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1981 | 2.4% | — |
| 1982 | -19.1% | -904.5% |
| 1983 | -15.1% | -20.8% |
| 1984 | 18.8% | -224.5% |
| 1985 | -14.6% | -177.4% |
| 1986 | 10.1% | -169.5% |
| 1987 | 46.6% | +360.2% |
| 1988 | 32.7% | -30.0% |
| 1989 | 17.3% | -47.1% |
| 1990 | 3.8% | -78.2% |
| 1991 | 23.3% | +519.5% |
| 1992 | 5.1% | -78.2% |
| 1993 | 14.1% | +177.4% |
| 1994 | -23.5% | -267.1% |
| 1995 | 9.5% | -140.6% |
| 1996 | -3.8% | -139.4% |
| 1997 | -0.6% | -84.9% |
| 1998 | -1.7% | +201.8% |
| 1999 | 36.9% | -2248.3% |
| 2000 | 30.9% | -16.3% |
| 2001 | -6.2% | -120.2% |
| 2002 | -5.4% | -14.2% |
| 2003 | -14.0% | +161.2% |
| 2004 | -5.4% | -61.6% |
| 2005 | 7.9% | -247.2% |
| 2006 | 1.8% | -77.0% |
| 2007 | 9.4% | +416.0% |
| 2008 | 22.7% | +140.9% |
| 2009 | -25.8% | -213.7% |
| 2010 | -16.1% | -37.6% |
| 2011 | 2.1% | -112.8% |
| 2012 | -1.1% | -151.2% |
| 2013 | 12.6% | -1289.6% |
| 2014 | 17.2% | +36.4% |
| 2015 | 4.7% | -72.4% |
| 2016 | 13.5% | +184.8% |
| 2017 | -14.0% | -203.7% |
| 2018 | 5.8% | -141.1% |
| 2019 | 5.5% | -4.8% |
| 2020 | -10.6% | -293.6% |
| 2021 | 26.1% | -346.3% |
| 2022 | 12.5% | -52.3% |
| 2023 | 6.7% | -46.1% |
| 2024 | 5.9% | -12.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.8% | -19.1% | 46.6% | 9 |
| 1990s | 6.3% | -23.5% | 36.9% | 10 |
| 2000s | 1.6% | -25.8% | 30.9% | 10 |
| 2010s | 3.0% | -16.1% | 17.2% | 10 |
| 2020s | 8.1% | -10.6% | 26.1% | 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, Atlas method (current US$), annual growth rate 6.86 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9575 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 7,531 current US$ per person (2025)
- GNI (current US$), annual growth rate 2.87 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9505 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 7,476 current US$ per person (2025)
- 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)
Frequently asked questions
- What is gross fixed capital formation in Belize?
- Gross fixed capital formation in Belize was 5.9% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Belize?
- The highest recorded value was 46.6% in 1987.
- What is the lowest gross fixed capital formation recorded in Belize?
- The lowest recorded value was -25.8% in 2009.
- How does Belize rank for gross fixed capital formation?
- Belize ranks 70th out of 166 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Belize?
- Over the last ten years it is down 65.8%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.