Gross fixed capital formation (constant 2015 US$), annual growth rate in Belize
Belize: Gross fixed capital formation (constant 2015 US$), annual growth rate was 5.88 % change on previous year in 2024. ◆ Volatile
Gross fixed capital formation (constant 2015 US$), annual growth rate in Belize, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Belize recorded 5.88 % change on previous year for gross fixed capital formation (constant 2015 us$), annual growth rate 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 (constant 2015 us$), annual growth rate in Belize peaked at 46.65 % change on previous year in 1987 and was at its lowest, -25.8 % change on previous year, in 2009.
That places Belize 69th out of 161 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (constant 2015 US$), annual growth rate in Belize, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 2.37 % change on previous year | — |
| 1982 | -19.08 % change on previous year | -904.6% |
| 1983 | -15.12 % change on previous year | -20.8% |
| 1984 | 18.83 % change on previous year | -224.5% |
| 1985 | -14.58 % change on previous year | -177.4% |
| 1986 | 10.14 % change on previous year | -169.5% |
| 1987 | 46.65 % change on previous year | +360.2% |
| 1988 | 32.67 % change on previous year | -30.0% |
| 1989 | 17.3 % change on previous year | -47.1% |
| 1990 | 3.77 % change on previous year | -78.2% |
| 1991 | 23.33 % change on previous year | +519.5% |
| 1992 | 5.08 % change on previous year | -78.2% |
| 1993 | 14.09 % change on previous year | +177.4% |
| 1994 | -23.55 % change on previous year | -267.1% |
| 1995 | 9.55 % change on previous year | -140.6% |
| 1996 | -3.77 % change on previous year | -139.4% |
| 1997 | -0.569 % change on previous year | -84.9% |
| 1998 | -1.72 % change on previous year | +201.9% |
| 1999 | 36.9 % change on previous year | -2248.4% |
| 2000 | 30.9 % change on previous year | -16.3% |
| 2001 | -6.25 % change on previous year | -120.2% |
| 2002 | -5.36 % change on previous year | -14.2% |
| 2003 | -14 % change on previous year | +161.2% |
| 2004 | -5.38 % change on previous year | -61.6% |
| 2005 | 7.92 % change on previous year | -247.1% |
| 2006 | 1.82 % change on previous year | -77.0% |
| 2007 | 9.42 % change on previous year | +416.0% |
| 2008 | 22.68 % change on previous year | +140.9% |
| 2009 | -25.8 % change on previous year | -213.7% |
| 2010 | -16.09 % change on previous year | -37.6% |
| 2011 | 2.07 % change on previous year | -112.8% |
| 2012 | -1.06 % change on previous year | -151.2% |
| 2013 | 12.59 % change on previous year | -1289.6% |
| 2014 | 17.17 % change on previous year | +36.4% |
| 2015 | 4.74 % change on previous year | -72.4% |
| 2016 | 13.5 % change on previous year | +184.8% |
| 2017 | -13.99 % change on previous year | -203.7% |
| 2018 | 5.75 % change on previous year | -141.1% |
| 2019 | 5.48 % change on previous year | -4.8% |
| 2020 | -10.61 % change on previous year | -293.6% |
| 2021 | 26.13 % change on previous year | -346.3% |
| 2022 | 12.47 % change on previous year | -52.3% |
| 2023 | 6.72 % change on previous year | -46.1% |
| 2024 | 5.88 % change on previous year | -12.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.8 % change on previous year | -19.08 % change on previous year | 46.65 % change on previous year | 9 |
| 1990s | 6.31 % change on previous year | -23.55 % change on previous year | 36.9 % change on previous year | 10 |
| 2000s | 1.6 % change on previous year | -25.8 % change on previous year | 30.9 % change on previous year | 10 |
| 2010s | 3.02 % change on previous year | -16.09 % change on previous year | 17.17 % change on previous year | 10 |
| 2020s | 8.12 % change on previous year | -10.61 % change on previous year | 26.13 % change on previous year | 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)
- Exports of goods and services (current LCU), annual growth rate 5.51 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 1.1 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 8,484 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 5.97 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4652 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 3,573 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 8.2 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2113 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), annual growth rate in Belize?
- Gross fixed capital formation (constant 2015 us$), annual growth rate in Belize was 5.88 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in Belize?
- The highest recorded value was 46.65 % change on previous year in 1987.
- What is the lowest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in Belize?
- The lowest recorded value was -25.8 % change on previous year in 2009.
- How does Belize rank for gross fixed capital formation (constant 2015 us$), annual growth rate?
- Belize ranks 69th out of 161 countries with data for 2024.
- Is gross fixed capital formation (constant 2015 us$), annual growth rate 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 Statizoid (derived), published as part of Gross fixed capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation 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
The year-on-year percentage change in Gross fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.