Gross fixed capital formation in Belize
Belize: Gross fixed capital formation 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 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
| 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
- 153 Papua New Guinea 1.71 billion constant LCU compare
- 154 Montenegro 1.45 billion constant LCU compare
- 156 Venezuela 1.13 billion constant LCU compare
- 157 Sao Tome and Principe 1.01 billion constant LCU compare
- 158 Bermuda 850.30 million constant LCU compare
More economy & growth data for Belize
- External balance on goods and services as a percent of GDP 1.5% (2024)
- Inflation of consumer prices 1.1% (2025)
- GDP per capita 6,374 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 6.6% (2024)
- Gross domestic product (GDP) 2.70 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,374 constant 2015 US$ (2025)
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 299.82 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 149.91 million current US$ (2025)
- Taxes less subsidies on products 963.64 million current LCU (2024)
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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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 varies by country. This series is expressed in local currency units.