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
163rd
of 181 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
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$, in 1983.
That places Belize 163rd out of 181 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Belize, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | 42.64 million current US$ | — |
| 1981 | 46.21 million current US$ | +8.4% |
| 1982 | 39.06 million current US$ | -15.5% |
| 1983 | 34.56 million current US$ | -11.5% |
| 1984 | 41.46 million current US$ | +20.0% |
| 1985 | 35.18 million current US$ | -15.2% |
| 1986 | 38.45 million current US$ | +9.3% |
| 1987 | 57.44 million current US$ | +49.4% |
| 1988 | 78.12 million current US$ | +36.0% |
| 1989 | 96.11 million current US$ | +23.0% |
| 1990 | 120.57 million current US$ | +25.4% |
| 1991 | 144.43 million current US$ | +19.8% |
| 1992 | 159.98 million current US$ | +10.8% |
| 1993 | 187.90 million current US$ | +17.4% |
| 1994 | 141.29 million current US$ | -24.8% |
| 1995 | 159.32 million current US$ | +12.8% |
| 1996 | 154.19 million current US$ | -3.2% |
| 1997 | 154.42 million current US$ | +0.1% |
| 1998 | 153.25 million current US$ | -0.8% |
| 1999 | 213.27 million current US$ | +39.2% |
| 2000 | 282.26 million current US$ | +32.3% |
| 2001 | 259.43 million current US$ | -8.1% |
| 2002 | 249.38 million current US$ | -3.9% |
| 2003 | 221.76 million current US$ | -11.1% |
| 2004 | 220.87 million current US$ | -0.4% |
| 2005 | 243.92 million current US$ | +10.4% |
| 2006 | 266.50 million current US$ | +9.3% |
| 2007 | 300.27 million current US$ | +12.7% |
| 2008 | 383.21 million current US$ | +27.6% |
| 2009 | 279.05 million current US$ | -27.2% |
| 2010 | 242.70 million current US$ | -13.0% |
| 2011 | 260.90 million current US$ | +7.5% |
| 2012 | 259.73 million current US$ | -0.4% |
| 2013 | 298.38 million current US$ | +14.9% |
| 2014 | 352.07 million current US$ | +18.0% |
| 2015 | 358.79 million current US$ | +1.9% |
| 2016 | 403.71 million current US$ | +12.5% |
| 2017 | 349.37 million current US$ | -13.5% |
| 2018 | 379.06 million current US$ | +8.5% |
| 2019 | 399.01 million current US$ | +5.3% |
| 2020 | 351.25 million current US$ | -12.0% |
| 2021 | 484.15 million current US$ | +37.8% |
| 2022 | 584.10 million current US$ | +20.6% |
| 2023 | 625.76 million current US$ | +7.1% |
| 2024 | 677.06 million current US$ | +8.2% |
Belize compared with similar countries
- Belize's 677.06 million current US$ is below the median for upper middle income countries, which is 10.71 billion current US$, 6% of the median. (51 countries reporting)
- Belize's 677.06 million current US$ is below the median for Latin America & Caribbean, which is 10.71 billion current US$, 6% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 50.92 million current US$ | 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
- 160 Eswatini 780.84 million current US$ compare
- 161 Papua New Guinea 712.14 million current US$ compare
- 162 South Sudan 689.96 million current US$ compare
- 164 Guinea-Bissau 563.56 million current US$ compare
- 165 East Timor 503.86 million current US$ compare
- 166 Central African Republic 453.25 million current US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.40 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0004 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 3.3 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240,004 BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 0.5675 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Belize?
- Gross fixed capital formation in Belize was 677.06 million current US$ 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 163rd 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 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
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.