Gross Fixed Capital … Deflator Standard Local Currency in Belize
Belize: Gross Fixed Capital … Deflator Standard Local Currency was 119.15 SLC in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value Standard Local in Belize, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Belize recorded 119.15 SLC for gross fixed capital formation deflator — value standard local in 2024. That is the highest value across all 55 years on record.
The figure is up 3.9% on the previous year and up 15.6% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Belize peaked at 119.15 SLC in 2024 and was at its lowest, 7.78 SLC, in 1970.
That places Belize 157th out of 208 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital … Deflator Standard Local Currency in Belize, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 7.78 SLC | — |
| 1971 | 9.11 SLC | +17.1% |
| 1972 | 11.36 SLC | +24.6% |
| 1973 | 17.87 SLC | +57.3% |
| 1974 | 23.53 SLC | +31.7% |
| 1975 | 32.05 SLC | +36.2% |
| 1976 | 34.7 SLC | +8.3% |
| 1977 | 37.58 SLC | +8.3% |
| 1978 | 43.8 SLC | +16.5% |
| 1979 | 46.39 SLC | +5.9% |
| 1980 | 51.22 SLC | +10.4% |
| 1981 | 54.25 SLC | +5.9% |
| 1982 | 56.68 SLC | +4.5% |
| 1983 | 59.09 SLC | +4.3% |
| 1984 | 59.6 SLC | +0.9% |
| 1985 | 58.48 SLC | -1.9% |
| 1986 | 58.07 SLC | -0.7% |
| 1987 | 59.18 SLC | +1.9% |
| 1988 | 60.71 SLC | +2.6% |
| 1989 | 63.66 SLC | +4.9% |
| 1990 | 65.13 SLC | +2.3% |
| 1991 | 63.26 SLC | -2.9% |
| 1992 | 66.68 SLC | +5.4% |
| 1993 | 68.65 SLC | +2.9% |
| 1994 | 67.51 SLC | -1.6% |
| 1995 | 69.49 SLC | +2.9% |
| 1996 | 69.89 SLC | +0.6% |
| 1997 | 70.4 SLC | +0.7% |
| 1998 | 71.08 SLC | +1.0% |
| 1999 | 72.26 SLC | +1.7% |
| 2000 | 73.05 SLC | +1.1% |
| 2001 | 71.62 SLC | -2.0% |
| 2002 | 72.74 SLC | +1.6% |
| 2003 | 75.22 SLC | +3.4% |
| 2004 | 79.18 SLC | +5.3% |
| 2005 | 81.03 SLC | +2.3% |
| 2006 | 86.94 SLC | +7.3% |
| 2007 | 89.79 SLC | +3.3% |
| 2008 | 93.46 SLC | +4.1% |
| 2009 | 91.44 SLC | -2.2% |
| 2010 | 95.31 SLC | +4.2% |
| 2011 | 100.71 SLC | +5.7% |
| 2012 | 101.78 SLC | +1.1% |
| 2013 | 102.54 SLC | +0.7% |
| 2014 | 103.1 SLC | +0.5% |
| 2015 | 100 SLC | -3.0% |
| 2016 | 99.07 SLC | -0.9% |
| 2017 | 99.85 SLC | +0.8% |
| 2018 | 102.57 SLC | +2.7% |
| 2019 | 102.31 SLC | -0.3% |
| 2020 | 100.69 SLC | -1.6% |
| 2021 | 110.17 SLC | +9.4% |
| 2022 | 118.25 SLC | +7.3% |
| 2023 | 114.69 SLC | -3.0% |
| 2024 | 119.15 SLC | +3.9% |
Belize compared with similar countries
- Belize's 119.15 SLC is below the median for upper middle income countries, which is 141.35 SLC, 84% of the median. (51 countries reporting)
- Belize's 119.15 SLC is below the median for Latin America & Caribbean, which is 133.8 SLC, 89% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital … Deflator Standard Local Currency in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1973 | +57.3% | 11.36 SLC | 17.87 SLC |
| 1975 | +36.2% | 23.53 SLC | 32.05 SLC |
| 1974 | +31.7% | 17.87 SLC | 23.53 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.42 SLC | 7.78 SLC | 46.39 SLC | 10 |
| 1980s | 58.09 SLC | 51.22 SLC | 63.66 SLC | 10 |
| 1990s | 68.43 SLC | 63.26 SLC | 72.26 SLC | 10 |
| 2000s | 81.45 SLC | 71.62 SLC | 93.46 SLC | 10 |
| 2010s | 100.72 SLC | 95.31 SLC | 103.1 SLC | 10 |
| 2020s | 112.59 SLC | 100.69 SLC | 119.15 SLC | 5 |
Countries ranked near Belize
More economy & growth data for Belize
- Real gdp growth, annual growth rate 601 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Belize?
- Gross fixed capital formation deflator — value standard local in Belize was 119.15 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Belize?
- The highest recorded value was 119.15 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Belize?
- The lowest recorded value was 7.78 SLC in 1970.
- How does Belize rank for gross fixed capital formation deflator — value standard local?
- Belize ranks 157th out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Belize?
- Over the last ten years it is up 15.6%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).