Gross fixed capital formation in Belize
Belize: Gross fixed capital formation was 21.1% in 2024. ▬ Flat
Gross fixed capital formation in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Belize recorded 21.1% for gross fixed capital formation in 2024.
Compared with earlier readings it is up 3.1% on the previous year and up 28.4% over ten years.
Over the whole period, gross fixed capital formation in Belize peaked at 25.0% in 1993 and was at its lowest, 12.2%, in 1985.
That places Belize 108th out of 180 countries with data for 2024, putting it in the middle of the range.
Gross fixed capital formation in Belize, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 16.6% | — |
| 1981 | 17.7% | +7.0% |
| 1982 | 15.7% | -11.3% |
| 1983 | 13.2% | -16.1% |
| 1984 | 14.3% | +8.3% |
| 1985 | 12.2% | -14.3% |
| 1986 | 12.3% | +0.8% |
| 1987 | 15.5% | +25.4% |
| 1988 | 18.5% | +19.8% |
| 1989 | 19.6% | +5.6% |
| 1990 | 22.1% | +12.7% |
| 1991 | 24.2% | +9.8% |
| 1992 | 23.0% | -5.0% |
| 1993 | 25.0% | +8.6% |
| 1994 | 18.3% | -26.7% |
| 1995 | 19.5% | +6.3% |
| 1996 | 18.1% | -6.8% |
| 1997 | 17.7% | -2.4% |
| 1998 | 16.5% | -6.8% |
| 1999 | 21.3% | +29.3% |
| 2000 | 24.8% | +16.2% |
| 2001 | 22.1% | -10.7% |
| 2002 | 20.0% | -9.4% |
| 2003 | 17.0% | -15.5% |
| 2004 | 15.8% | -6.9% |
| 2005 | 16.5% | +4.9% |
| 2006 | 16.8% | +1.3% |
| 2007 | 17.6% | +5.0% |
| 2008 | 22.0% | +25.3% |
| 2009 | 16.5% | -25.0% |
| 2010 | 13.9% | -16.1% |
| 2011 | 14.2% | +2.7% |
| 2012 | 13.5% | -4.9% |
| 2013 | 14.7% | +8.2% |
| 2014 | 16.5% | +12.3% |
| 2015 | 16.4% | -0.6% |
| 2016 | 18.0% | +10.2% |
| 2017 | 15.4% | -14.5% |
| 2018 | 16.6% | +7.6% |
| 2019 | 16.8% | +1.1% |
| 2020 | 17.2% | +2.4% |
| 2021 | 19.9% | +16.2% |
| 2022 | 20.5% | +2.9% |
| 2023 | 20.5% | -0.1% |
| 2024 | 21.1% | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.6% | 12.2% | 19.6% | 10 |
| 1990s | 20.6% | 16.5% | 25.0% | 10 |
| 2000s | 18.9% | 15.8% | 24.8% | 10 |
| 2010s | 15.6% | 13.5% | 18.0% | 10 |
| 2020s | 19.8% | 17.2% | 21.1% | 5 |
Countries ranked near Belize
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.31 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8496 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 6,526 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.31 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.7 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 13,052 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.18 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7035 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Belize?
- Gross fixed capital formation in Belize was 21.1% 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 25.0% in 1993.
- What is the lowest gross fixed capital formation recorded in Belize?
- The lowest recorded value was 12.2% in 1985.
- How does Belize rank for gross fixed capital formation?
- Belize ranks 108th out of 180 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Belize?
- Over the last ten years it is up 28.4%. The long-run trend across the full record is flat.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.