Gross fixed capital formation in Belize

Belize: Gross fixed capital formation was 1.15 billion constant LCU in 2024. ▲ Rising

Latest (2024)
1.15 billion constant LCU
Change on year
up 5.9%
World rank
155th
of 167 countries
All-time high
1.15 billion constant LCU
in 2024
All-time low
144.28 million constant LCU
in 1983
Years of data
45
1980–2024

Gross fixed capital formation in Belize, 1980–2024

250.0M500.0M750.0M1.0B1.2B1980200220241980: 205.2M constant LCU1981: 210.1M constant LCU1982: 170.0M constant LCU1983: 144.3M constant LCU1984: 171.5M constant LCU1985: 146.4M constant LCU1986: 161.3M constant LCU1987: 236.5M constant LCU1988: 313.8M constant LCU1989: 368.1M constant LCU1990: 381.9M constant LCU1991: 471.1M constant LCU1992: 495.0M constant LCU1993: 564.7M constant LCU1994: 431.7M constant LCU1995: 473.0M constant LCU1996: 455.2M constant LCU1997: 452.6M constant LCU1998: 444.8M constant LCU1999: 608.9M constant LCU2000: 797.1M constant LCU2001: 747.3M constant LCU2002: 707.3M constant LCU2003: 608.2M constant LCU2004: 575.5M constant LCU2005: 621.1M constant LCU2006: 632.4M constant LCU2007: 692.0M constant LCU2008: 848.9M constant LCU2009: 629.9M constant LCU2010: 528.5M constant LCU2011: 539.4M constant LCU2012: 533.7M constant LCU2013: 600.9M constant LCU2014: 704.1M constant LCU2015: 737.5M constant LCU2016: 837.1M constant LCU2017: 719.9M constant LCU2018: 761.4M constant LCU2019: 803.1M constant LCU2020: 717.9M constant LCU2021: 905.5M constant LCU2022: 1.0B constant LCU2023: 1.1B constant LCU2024: 1.2B constant LCU

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 155th out of 167 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 153 Papua New Guinea 1.71 billion constant LCU compare
  2. 154 Montenegro 1.45 billion constant LCU compare
  3. 156 Venezuela 1.13 billion constant LCU compare
  4. 157 Sao Tome and Principe 1.01 billion constant LCU compare
  5. 158 Bermuda 850.30 million constant LCU compare

See the full ranking of 167 places →

More economy & growth data for Belize

All data for Belize →

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 155th out of 167 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

Indicator
Gross fixed capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 6,948 data points, 1960–2025
Last refreshed

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.