Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Belize

Belize: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 119.15 USD in 2024. ▲ Rising

Latest (2024)
119.15 USD
Change on year
up 3.9%
World rank
95th
of 203 countries
All-time high
119.15 USD
in 2024
All-time low
9.34 USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Belize, 1970–2024

0255075100125197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in USD.

Analysis

Belize recorded 119.15 USD for gross fixed capital formation deflator — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.

That represents a change of up 3.9% on the previous year and up 15.6% over ten years.

Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Belize peaked at 119.15 USD in 2024 and was at its lowest, 9.34 USD, in 1970.

That places Belize 95th out of 203 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 55 years of available data.

Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Belize, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Belize, 1970 to 2024.
Year USD Change
1970 9.34 USD —
1971 11.09 USD +18.7%
1972 14.19 USD +27.9%
1973 21.89 USD +54.3%
1974 27.51 USD +25.7%
1975 35.45 USD +28.9%
1976 31.18 USD -12.1%
1977 37.58 USD +20.5%
1978 43.8 USD +16.5%
1979 46.39 USD +5.9%
1980 51.22 USD +10.4%
1981 54.25 USD +5.9%
1982 56.68 USD +4.5%
1983 59.09 USD +4.3%
1984 59.6 USD +0.9%
1985 58.48 USD -1.9%
1986 58.07 USD -0.7%
1987 59.18 USD +1.9%
1988 60.71 USD +2.6%
1989 63.66 USD +4.9%
1990 65.13 USD +2.3%
1991 63.26 USD -2.9%
1992 66.68 USD +5.4%
1993 68.65 USD +2.9%
1994 67.51 USD -1.6%
1995 69.49 USD +2.9%
1996 69.89 USD +0.6%
1997 70.4 USD +0.7%
1998 71.08 USD +1.0%
1999 72.26 USD +1.7%
2000 73.05 USD +1.1%
2001 71.62 USD -2.0%
2002 72.74 USD +1.6%
2003 75.22 USD +3.4%
2004 79.18 USD +5.3%
2005 81.03 USD +2.3%
2006 86.94 USD +7.3%
2007 89.79 USD +3.3%
2008 93.46 USD +4.1%
2009 91.44 USD -2.2%
2010 95.31 USD +4.2%
2011 100.71 USD +5.7%
2012 101.78 USD +1.1%
2013 102.54 USD +0.7%
2014 103.1 USD +0.5%
2015 100 USD -3.0%
2016 99.07 USD -0.9%
2017 99.85 USD +0.8%
2018 102.57 USD +2.7%
2019 102.31 USD -0.3%
2020 100.69 USD -1.6%
2021 110.17 USD +9.4%
2022 118.25 USD +7.3%
2023 114.69 USD -3.0%
2024 119.15 USD +3.9%

Belize compared with similar countries

  • Belize's 119.15 USD is below the median for upper middle income countries, which is 119.58 USD, 100% of the median. (51 countries reporting)
  • Belize's 119.15 USD is below the median for Latin America & Caribbean, which is 120.08 USD, 99% of the median. (37 countries reporting)

Biggest year-on-year movements

Years where Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 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.

YearChange FromTo
1973 +54.3% 14.19 USD 21.89 USD
1975 +28.9% 27.51 USD 35.45 USD
1972 +27.9% 11.09 USD 14.19 USD

Averages by decade

DecadeAverage LowestHighest Years
1970s 27.84 USD 9.34 USD 46.39 USD 10
1980s 58.09 USD 51.22 USD 63.66 USD 10
1990s 68.43 USD 63.26 USD 72.26 USD 10
2000s 81.45 USD 71.62 USD 93.46 USD 10
2010s 100.72 USD 95.31 USD 103.1 USD 10
2020s 112.59 USD 100.69 USD 119.15 USD 5

Countries ranked near Belize

  1. 92 France 119.64 USD compare
  2. 93 Montenegro 119.58 USD compare
  3. 94 Saint Vincent and the Grenadines 119.25 USD compare
  4. 96 New Caledonia 119.11 USD compare
  5. 97 Panama 119.06 USD compare
  6. 98 Costa Rica 118.79 USD compare

See the full ranking of 245 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is gross fixed capital formation deflator — value us$, 2015 prices in Belize?
Gross fixed capital formation deflator — value us$, 2015 prices in Belize was 119.15 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Belize?
The highest recorded value was 119.15 USD in 2024.
What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Belize?
The lowest recorded value was 9.34 USD in 1970.
How does Belize rank for gross fixed capital formation deflator — value us$, 2015 prices?
Belize ranks 95th out of 203 countries with data for 2024.
Is gross fixed capital formation deflator — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Belize. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 26 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-us-2015-prices/belize/

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About this data

Indicator
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices
Unit
USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
245 places, 12,527 data points, 1970–2024
Last refreshed

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).