Gross fixed capital formation (constant LCU) in Belize
Belize: Gross fixed capital formation (constant LCU) was 1.15 billion constant LCU in 2024. ▲ Rising
Gross fixed capital formation in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gross fixed capital formation in Belize stood at 1.15 billion constant LCU. That is the highest value across all 45 years on record.
That represents a change of 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 1.15 billion constant LCU in 2024 and was at its lowest, 144.28 million constant LCU, in 1983.
That places Belize 156th out of 168 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Gross fixed capital formation (constant LCU) in Belize, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1980 | 205.21 million constant LCU | — |
| 1981 | 210.08 million constant LCU | +2.4% |
| 1982 | 169.99 million constant LCU | -19.1% |
| 1983 | 144.28 million constant LCU | -15.1% |
| 1984 | 171.45 million constant LCU | +18.8% |
| 1985 | 146.45 million constant LCU | -14.6% |
| 1986 | 161.29 million constant LCU | +10.1% |
| 1987 | 236.53 million constant LCU | +46.6% |
| 1988 | 313.80 million constant LCU | +32.7% |
| 1989 | 368.07 million constant LCU | +17.3% |
| 1990 | 381.94 million constant LCU | +3.8% |
| 1991 | 471.05 million constant LCU | +23.3% |
| 1992 | 494.98 million constant LCU | +5.1% |
| 1993 | 564.73 million constant LCU | +14.1% |
| 1994 | 431.75 million constant LCU | -23.5% |
| 1995 | 472.98 million constant LCU | +9.5% |
| 1996 | 455.16 million constant LCU | -3.8% |
| 1997 | 452.57 million constant LCU | -0.6% |
| 1998 | 444.79 million constant LCU | -1.7% |
| 1999 | 608.94 million constant LCU | +36.9% |
| 2000 | 797.13 million constant LCU | +30.9% |
| 2001 | 747.34 million constant LCU | -6.2% |
| 2002 | 707.27 million constant LCU | -5.4% |
| 2003 | 608.23 million constant LCU | -14.0% |
| 2004 | 575.49 million constant LCU | -5.4% |
| 2005 | 621.07 million constant LCU | +7.9% |
| 2006 | 632.40 million constant LCU | +1.8% |
| 2007 | 691.95 million constant LCU | +9.4% |
| 2008 | 848.91 million constant LCU | +22.7% |
| 2009 | 629.88 million constant LCU | -25.8% |
| 2010 | 528.52 million constant LCU | -16.1% |
| 2011 | 539.44 million constant LCU | +2.1% |
| 2012 | 533.73 million constant LCU | -1.1% |
| 2013 | 600.94 million constant LCU | +12.6% |
| 2014 | 704.14 million constant LCU | +17.2% |
| 2015 | 737.52 million constant LCU | +4.7% |
| 2016 | 837.07 million constant LCU | +13.5% |
| 2017 | 719.94 million constant LCU | -14.0% |
| 2018 | 761.37 million constant LCU | +5.8% |
| 2019 | 803.09 million constant LCU | +5.5% |
| 2020 | 717.90 million constant LCU | -10.6% |
| 2021 | 905.49 million constant LCU | +26.1% |
| 2022 | 1.02 billion constant LCU | +12.5% |
| 2023 | 1.09 billion constant LCU | +6.7% |
| 2024 | 1.15 billion constant LCU | +5.9% |
Belize compared with similar countries
- Belize's 1.15 billion constant LCU is below the median for upper middle income countries, which is 349.48 billion constant LCU, 0% of the median. (46 countries reporting)
- Belize's 1.15 billion constant LCU is below the median for Latin America & Caribbean, which is 71.80 billion constant LCU, 2% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 212.72 million constant LCU | 144.28 million constant LCU | 368.07 million constant LCU | 10 |
| 1990s | 477.89 million constant LCU | 381.94 million constant LCU | 608.94 million constant LCU | 10 |
| 2000s | 685.97 million constant LCU | 575.49 million constant LCU | 848.91 million constant LCU | 10 |
| 2010s | 676.58 million constant LCU | 528.52 million constant LCU | 837.07 million constant LCU | 10 |
| 2020s | 975.87 million constant LCU | 717.90 million constant LCU | 1.15 billion constant LCU | 5 |
Countries ranked near Belize
- 154 Papua New Guinea 1.71 billion constant LCU compare
- 155 Montenegro 1.45 billion constant LCU compare
- 157 Venezuela 1.13 billion constant LCU compare
- 158 Sao Tome and Principe 1.01 billion constant LCU compare
- 159 Bermuda 850.30 million constant LCU compare
More economy & growth data for Belize
- Real gdp growth, annual growth rate 601 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross fixed capital formation in Belize?
- Gross fixed capital formation in Belize was 1.15 billion constant LCU 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 1.15 billion constant LCU in 2024.
- What is the lowest gross fixed capital formation recorded in Belize?
- The lowest recorded value was 144.28 million constant LCU in 1983.
- How does Belize rank for gross fixed capital formation?
- Belize ranks 156th out of 168 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 LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.