Gross fixed capital formation in Belize

Belize: Gross fixed capital formation was 677.06 million current US$ in 2024. ◆ Volatile

Latest (2024)
677.06 million current US$
Change on year
up 8.2%
World rank
161st
of 179 countries
All-time high
677.06 million current US$
in 2024
All-time low
34.56 million current US$
in 1983
Years of data
45
1980–2024

Gross fixed capital formation in Belize, 1980–2024

0200.0M400.0M600.0M1980200220241980: 42.6M current US$1981: 46.2M current US$1982: 39.1M current US$1983: 34.6M current US$1984: 41.5M current US$1985: 35.2M current US$1986: 38.5M current US$1987: 57.4M current US$1988: 78.1M current US$1989: 96.1M current US$1990: 120.6M current US$1991: 144.4M current US$1992: 160.0M current US$1993: 187.9M current US$1994: 141.3M current US$1995: 159.3M current US$1996: 154.2M current US$1997: 154.4M current US$1998: 153.2M current US$1999: 213.3M current US$2000: 282.3M current US$2001: 259.4M current US$2002: 249.4M current US$2003: 221.8M current US$2004: 220.9M current US$2005: 243.9M current US$2006: 266.5M current US$2007: 300.3M current US$2008: 383.2M current US$2009: 279.0M current US$2010: 242.7M current US$2011: 260.9M current US$2012: 259.7M current US$2013: 298.4M current US$2014: 352.1M current US$2015: 358.8M current US$2016: 403.7M current US$2017: 349.4M current US$2018: 379.1M current US$2019: 399.0M current US$2020: 351.3M current US$2021: 484.2M current US$2022: 584.1M current US$2023: 625.8M current US$2024: 677.1M current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

Belize recorded 677.06 million current US$ for gross fixed capital formation in 2024. That is the highest value across all 45 years on record.

Compared with earlier readings it is 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 677.06 million current US$ in 2024 and was at its lowest, 34.56 million current US$, in 1983.

That places Belize 161st out of 179 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 50.92 million current US$ 34.56 million current US$ 96.11 million current US$ 10
1990s 158.86 million current US$ 120.57 million current US$ 213.27 million current US$ 10
2000s 270.66 million current US$ 220.87 million current US$ 383.21 million current US$ 10
2010s 330.37 million current US$ 242.70 million current US$ 403.71 million current US$ 10
2020s 544.47 million current US$ 351.25 million current US$ 677.06 million current US$ 5

Countries ranked near Belize

  1. 158 Eswatini 780.84 million current US$ compare
  2. 159 Papua New Guinea 712.14 million current US$ compare
  3. 160 South Sudan 689.96 million current US$ compare
  4. 162 Guinea-Bissau 563.56 million current US$ compare
  5. 163 East Timor 503.86 million current US$ compare
  6. 164 Central African Republic 453.25 million current US$ compare

See the full ranking of 223 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 677.06 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross fixed capital formation recorded in Belize?
The highest recorded value was 677.06 million current US$ in 2024.
What is the lowest gross fixed capital formation recorded in Belize?
The lowest recorded value was 34.56 million current US$ in 1983.
How does Belize rank for gross fixed capital formation?
Belize ranks 161st out of 179 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
223 places, 10,305 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.