Gross fixed capital formation in Belize
Belize: Gross fixed capital formation was 559.82 million constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
559.82 million constant 2015 US$
Change on year
up 5.9%
World rank
145th
of 161 countries
All-time high
559.82 million constant 2015 US$
in 2024
All-time low
70.19 million constant 2015 US$
in 1983
Years of data
45
1980–2024
Gross fixed capital formation in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross fixed capital formation in Belize is 559.82 million constant 2015 US$, measured in 2024. That is the highest value across all 45 years on record.
The figure is up 5.9% on the previous year and up 63.4% over ten years.
Over the whole period, gross fixed capital formation in Belize peaked at 559.82 million constant 2015 US$ in 2024 and was at its lowest, 70.19 million constant 2015 US$, in 1983.
Belize ranks 145th of 161 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Gross fixed capital formation in Belize, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1980 | 99.83 million constant 2015 US$ | — |
| 1981 | 102.20 million constant 2015 US$ | +2.4% |
| 1982 | 82.70 million constant 2015 US$ | -19.1% |
| 1983 | 70.19 million constant 2015 US$ | -15.1% |
| 1984 | 83.41 million constant 2015 US$ | +18.8% |
| 1985 | 71.25 million constant 2015 US$ | -14.6% |
| 1986 | 78.47 million constant 2015 US$ | +10.1% |
| 1987 | 115.07 million constant 2015 US$ | +46.6% |
| 1988 | 152.66 million constant 2015 US$ | +32.7% |
| 1989 | 179.06 million constant 2015 US$ | +17.3% |
| 1990 | 185.81 million constant 2015 US$ | +3.8% |
| 1991 | 229.16 million constant 2015 US$ | +23.3% |
| 1992 | 240.80 million constant 2015 US$ | +5.1% |
| 1993 | 274.73 million constant 2015 US$ | +14.1% |
| 1994 | 210.04 million constant 2015 US$ | -23.5% |
| 1995 | 230.10 million constant 2015 US$ | +9.5% |
| 1996 | 221.43 million constant 2015 US$ | -3.8% |
| 1997 | 220.17 million constant 2015 US$ | -0.6% |
| 1998 | 216.39 million constant 2015 US$ | -1.7% |
| 1999 | 296.24 million constant 2015 US$ | +36.9% |
| 2000 | 387.80 million constant 2015 US$ | +30.9% |
| 2001 | 363.57 million constant 2015 US$ | -6.2% |
| 2002 | 344.08 million constant 2015 US$ | -5.4% |
| 2003 | 295.90 million constant 2015 US$ | -14.0% |
| 2004 | 279.97 million constant 2015 US$ | -5.4% |
| 2005 | 302.14 million constant 2015 US$ | +7.9% |
| 2006 | 307.66 million constant 2015 US$ | +1.8% |
| 2007 | 336.63 million constant 2015 US$ | +9.4% |
| 2008 | 412.98 million constant 2015 US$ | +22.7% |
| 2009 | 306.43 million constant 2015 US$ | -25.8% |
| 2010 | 257.12 million constant 2015 US$ | -16.1% |
| 2011 | 262.43 million constant 2015 US$ | +2.1% |
| 2012 | 259.65 million constant 2015 US$ | -1.1% |
| 2013 | 292.35 million constant 2015 US$ | +12.6% |
| 2014 | 342.56 million constant 2015 US$ | +17.2% |
| 2015 | 358.79 million constant 2015 US$ | +4.7% |
| 2016 | 407.23 million constant 2015 US$ | +13.5% |
| 2017 | 350.24 million constant 2015 US$ | -14.0% |
| 2018 | 370.40 million constant 2015 US$ | +5.8% |
| 2019 | 390.70 million constant 2015 US$ | +5.5% |
| 2020 | 349.25 million constant 2015 US$ | -10.6% |
| 2021 | 440.51 million constant 2015 US$ | +26.1% |
| 2022 | 495.44 million constant 2015 US$ | +12.5% |
| 2023 | 528.75 million constant 2015 US$ | +6.7% |
| 2024 | 559.82 million constant 2015 US$ | +5.9% |
Belize compared with similar countries
- Belize's 559.82 million constant 2015 US$ is below the median for upper middle income countries, which is 11.14 billion constant 2015 US$, 5% of the median. (45 countries reporting)
- Belize's 559.82 million constant 2015 US$ is below the median for Latin America & Caribbean, which is 13.68 billion constant 2015 US$, 4% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 103.48 million constant 2015 US$ | 70.19 million constant 2015 US$ | 179.06 million constant 2015 US$ | 10 |
| 1990s | 232.49 million constant 2015 US$ | 185.81 million constant 2015 US$ | 296.24 million constant 2015 US$ | 10 |
| 2000s | 333.72 million constant 2015 US$ | 279.97 million constant 2015 US$ | 412.98 million constant 2015 US$ | 10 |
| 2010s | 329.15 million constant 2015 US$ | 257.12 million constant 2015 US$ | 407.23 million constant 2015 US$ | 10 |
| 2020s | 474.75 million constant 2015 US$ | 349.25 million constant 2015 US$ | 559.82 million constant 2015 US$ | 5 |
Countries ranked near Belize
- 142 Lesotho 842.88 million constant 2015 US$ compare
- 143 Equatorial Guinea 793.80 million constant 2015 US$ compare
- 144 Eswatini 666.99 million constant 2015 US$ compare
- 146 Haiti 557.96 million constant 2015 US$ compare
- 147 East Timor 480.08 million constant 2015 US$ compare
- 148 Central African Republic 475.95 million constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.40 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0004 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 3.3 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240,004 BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 0.5675 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Belize?
- Gross fixed capital formation in Belize was 559.82 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Belize?
- The highest recorded value was 559.82 million constant 2015 US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Belize?
- The lowest recorded value was 70.19 million constant 2015 US$ in 1983.
- How does Belize rank for gross fixed capital formation?
- Belize ranks 145th out of 161 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Belize?
- Over the last ten years it is up 63.4%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.