Gross fixed capital formation (current LCU) in Belize
Belize: Gross fixed capital formation (current LCU) was 1.35 billion current LCU in 2024. ◆ Volatile
Latest (2024)
1.35 billion current LCU
Change on year
up 8.2%
World rank
173rd
of 181 countries
All-time high
1.35 billion current LCU
in 2024
All-time low
69.13 million current LCU
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 current LCU.
Analysis
Belize recorded 1.35 billion current LCU for gross fixed capital formation in 2024. That is the highest value across all 45 years on record.
That represents a change of up 8.2% on the previous year and up 92.3% over ten years.
Over the whole period, gross fixed capital formation in Belize peaked at 1.35 billion current LCU in 2024 and was at its lowest, 69.13 million current LCU, in 1983.
Belize ranks 173rd of 181 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current LCU) in Belize, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 85.28 million current LCU | — |
| 1981 | 92.42 million current LCU | +8.4% |
| 1982 | 78.12 million current LCU | -15.5% |
| 1983 | 69.13 million current LCU | -11.5% |
| 1984 | 82.92 million current LCU | +20.0% |
| 1985 | 70.35 million current LCU | -15.2% |
| 1986 | 76.90 million current LCU | +9.3% |
| 1987 | 114.87 million current LCU | +49.4% |
| 1988 | 156.25 million current LCU | +36.0% |
| 1989 | 192.22 million current LCU | +23.0% |
| 1990 | 241.13 million current LCU | +25.4% |
| 1991 | 288.86 million current LCU | +19.8% |
| 1992 | 319.97 million current LCU | +10.8% |
| 1993 | 375.80 million current LCU | +17.4% |
| 1994 | 282.57 million current LCU | -24.8% |
| 1995 | 318.64 million current LCU | +12.8% |
| 1996 | 308.39 million current LCU | -3.2% |
| 1997 | 308.85 million current LCU | +0.1% |
| 1998 | 306.50 million current LCU | -0.8% |
| 1999 | 426.54 million current LCU | +39.2% |
| 2000 | 564.51 million current LCU | +32.3% |
| 2001 | 518.86 million current LCU | -8.1% |
| 2002 | 498.75 million current LCU | -3.9% |
| 2003 | 443.51 million current LCU | -11.1% |
| 2004 | 441.73 million current LCU | -0.4% |
| 2005 | 487.84 million current LCU | +10.4% |
| 2006 | 533.00 million current LCU | +9.3% |
| 2007 | 600.55 million current LCU | +12.7% |
| 2008 | 766.43 million current LCU | +27.6% |
| 2009 | 558.09 million current LCU | -27.2% |
| 2010 | 485.41 million current LCU | -13.0% |
| 2011 | 521.80 million current LCU | +7.5% |
| 2012 | 519.46 million current LCU | -0.4% |
| 2013 | 596.75 million current LCU | +14.9% |
| 2014 | 704.14 million current LCU | +18.0% |
| 2015 | 717.59 million current LCU | +1.9% |
| 2016 | 807.42 million current LCU | +12.5% |
| 2017 | 698.74 million current LCU | -13.5% |
| 2018 | 758.11 million current LCU | +8.5% |
| 2019 | 798.03 million current LCU | +5.3% |
| 2020 | 702.50 million current LCU | -12.0% |
| 2021 | 968.30 million current LCU | +37.8% |
| 2022 | 1.17 billion current LCU | +20.6% |
| 2023 | 1.25 billion current LCU | +7.1% |
| 2024 | 1.35 billion current LCU | +8.2% |
Belize compared with similar countries
- Belize's 1.35 billion current LCU is below the median for upper middle income countries, which is 431.60 billion current LCU, 0% of the median. (51 countries reporting)
- Belize's 1.35 billion current LCU is below the median for Latin America & Caribbean, which is 200.44 billion current LCU, 1% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 101.85 million current LCU | 69.13 million current LCU | 192.22 million current LCU | 10 |
| 1990s | 317.73 million current LCU | 241.13 million current LCU | 426.54 million current LCU | 10 |
| 2000s | 541.33 million current LCU | 441.73 million current LCU | 766.43 million current LCU | 10 |
| 2010s | 660.74 million current LCU | 485.41 million current LCU | 807.42 million current LCU | 10 |
| 2020s | 1.09 billion current LCU | 702.50 million current LCU | 1.35 billion current LCU | 5 |
Countries ranked near Belize
- 170 Curacao 1.86 billion current LCU compare
- 171 Sao Tome and Principe 1.85 billion current LCU compare
- 172 Montenegro 1.82 billion current LCU compare
- 174 Samoa 1.03 billion current LCU compare
- 175 Bermuda 1.01 billion current LCU compare
- 176 East Timor 503.86 million current LCU 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0084 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Belize?
- Gross fixed capital formation in Belize was 1.35 billion current 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 1.35 billion current LCU in 2024.
- What is the lowest gross fixed capital formation recorded in Belize?
- The lowest recorded value was 69.13 million current LCU in 1983.
- How does Belize rank for gross fixed capital formation?
- Belize ranks 173rd out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Belize?
- Over the last ten years it is up 92.3%. The long-run trend across the full record is volatile.
- 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 (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.