Gross Fixed Capital Formation — Value Standard Local Currency in Belize
Belize: Gross Fixed Capital Formation — Value Standard Local Currency was 1,407 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Belize, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Belize recorded 1,407 million SLC for gross fixed capital formation — value standard local currency in 2024. That is the highest value across all 55 years on record.
That represents a change of up 6.6% on the previous year and up 99.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Belize peaked at 1,407 million SLC in 2024 and was at its lowest, 10.57 million SLC, in 1970.
Belize ranks 204th of 230 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Belize, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 10.57 million SLC | — |
| 1971 | 13.2 million SLC | +24.8% |
| 1972 | 17.21 million SLC | +30.4% |
| 1973 | 27 million SLC | +56.9% |
| 1974 | 38.6 million SLC | +43.0% |
| 1975 | 53 million SLC | +37.3% |
| 1976 | 58 million SLC | +9.4% |
| 1977 | 62.9 million SLC | +8.4% |
| 1978 | 81.2 million SLC | +29.1% |
| 1979 | 95.2 million SLC | +17.2% |
| 1980 | 88.2 million SLC | -7.4% |
| 1981 | 95.6 million SLC | +8.4% |
| 1982 | 80.8 million SLC | -15.5% |
| 1983 | 71.5 million SLC | -11.5% |
| 1984 | 85.7 million SLC | +19.9% |
| 1985 | 72.7 million SLC | -15.2% |
| 1986 | 79.5 million SLC | +9.4% |
| 1987 | 122.85 million SLC | +54.5% |
| 1988 | 172.8 million SLC | +40.7% |
| 1989 | 219.82 million SLC | +27.2% |
| 1990 | 213.55 million SLC | -2.9% |
| 1991 | 255.81 million SLC | +19.8% |
| 1992 | 283.36 million SLC | +10.8% |
| 1993 | 332.81 million SLC | +17.4% |
| 1994 | 250.25 million SLC | -24.8% |
| 1995 | 282.19 million SLC | +12.8% |
| 1996 | 273.11 million SLC | -3.2% |
| 1997 | 273.52 million SLC | +0.1% |
| 1998 | 271.44 million SLC | -0.8% |
| 1999 | 377.75 million SLC | +39.2% |
| 2000 | 499.94 million SLC | +32.3% |
| 2001 | 459.5 million SLC | -8.1% |
| 2002 | 441.7 million SLC | -3.9% |
| 2003 | 392.78 million SLC | -11.1% |
| 2004 | 391.2 million SLC | -0.4% |
| 2005 | 432.03 million SLC | +10.4% |
| 2006 | 472.03 million SLC | +9.3% |
| 2007 | 512.41 million SLC | +8.6% |
| 2008 | 725.26 million SLC | +41.5% |
| 2009 | 537.35 million SLC | -25.9% |
| 2010 | 476.13 million SLC | -11.4% |
| 2011 | 508.36 million SLC | +6.8% |
| 2012 | 495.76 million SLC | -2.5% |
| 2013 | 590.12 million SLC | +19.0% |
| 2014 | 704.14 million SLC | +19.3% |
| 2015 | 716.27 million SLC | +1.7% |
| 2016 | 806.63 million SLC | +12.6% |
| 2017 | 698.41 million SLC | -13.4% |
| 2018 | 759.81 million SLC | +8.8% |
| 2019 | 800.66 million SLC | +5.4% |
| 2020 | 705.27 million SLC | -11.9% |
| 2021 | 972.02 million SLC | +37.8% |
| 2022 | 1,177 million SLC | +21.1% |
| 2023 | 1,320 million SLC | +12.1% |
| 2024 | 1,407 million SLC | +6.6% |
Belize compared with similar countries
- Belize's 1,407 million SLC is below the median for upper middle income countries, which is 199,742 million SLC, 1% of the median. (54 countries reporting)
- Belize's 1,407 million SLC is below the median for Latin America & Caribbean, which is 21,321 million SLC, 7% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 45.69 million SLC | 10.57 million SLC | 95.2 million SLC | 10 |
| 1980s | 108.95 million SLC | 71.5 million SLC | 219.82 million SLC | 10 |
| 1990s | 281.38 million SLC | 213.55 million SLC | 377.75 million SLC | 10 |
| 2000s | 486.42 million SLC | 391.2 million SLC | 725.26 million SLC | 10 |
| 2010s | 655.63 million SLC | 476.13 million SLC | 806.63 million SLC | 10 |
| 2020s | 1,116 million SLC | 705.27 million SLC | 1,407 million SLC | 5 |
Countries ranked near Belize
- 201 Montenegro 1,510 million SLC compare
- 202 Saint Lucia 1,454 million SLC compare
- 203 Aruba 1,436 million SLC compare
- 205 Cayman Islands 1,266 million SLC compare
- 206 Saint Vincent and the Grenadines 1,185 million SLC compare
- 207 Sint Maarten (Dutch part) 1,039 million SLC 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0084 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Belize?
- Gross fixed capital formation — value standard local currency in Belize was 1,407 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Belize?
- The highest recorded value was 1,407 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Belize?
- The lowest recorded value was 10.57 million SLC in 1970.
- How does Belize rank for gross fixed capital formation — value standard local currency?
- Belize ranks 204th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Belize?
- Over the last ten years it is up 99.8%. The long-run trend across the full record is volatile.
- 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 — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).