Gross National Income — Value Standard Local Currency in Belize
Belize: Gross National Income — Value Standard Local Currency was 5,949 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Belize, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, gross national income — value standard local currency in Belize stood at 5,949 million SLC. That is the highest value across all 54 years on record.
The figure is up 9.9% on the previous year and up 55.4% over ten years.
Over the whole period, gross national income — value standard local currency in Belize peaked at 5,949 million SLC in 2023 and was at its lowest, 39.33 million SLC, in 1970.
Belize ranks 178th of 202 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 National Income — Value Standard Local Currency in Belize, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 39.33 million SLC | — |
| 1971 | 49.51 million SLC | +25.9% |
| 1972 | 63.06 million SLC | +27.4% |
| 1973 | 106.5 million SLC | +68.9% |
| 1974 | 140.7 million SLC | +32.1% |
| 1975 | 172.1 million SLC | +22.3% |
| 1976 | 178.7 million SLC | +3.8% |
| 1977 | 206.1 million SLC | +15.3% |
| 1978 | 234.7 million SLC | +13.9% |
| 1979 | 277.9 million SLC | +18.4% |
| 1980 | 385.6 million SLC | +38.8% |
| 1981 | 382 million SLC | -0.9% |
| 1982 | 348.7 million SLC | -8.7% |
| 1983 | 367 million SLC | +5.2% |
| 1984 | 403.2 million SLC | +9.9% |
| 1985 | 398.6 million SLC | -1.1% |
| 1986 | 447 million SLC | +12.1% |
| 1987 | 566.8 million SLC | +26.8% |
| 1988 | 677.02 million SLC | +19.4% |
| 1989 | 829.47 million SLC | +22.5% |
| 1990 | 1,025 million SLC | +23.5% |
| 1991 | 1,107 million SLC | +8.1% |
| 1992 | 1,291 million SLC | +16.6% |
| 1993 | 1,309 million SLC | +1.4% |
| 1994 | 1,423 million SLC | +8.8% |
| 1995 | 1,520 million SLC | +6.8% |
| 1996 | 1,474 million SLC | -3.0% |
| 1997 | 1,509 million SLC | +2.4% |
| 1998 | 1,523 million SLC | +0.9% |
| 1999 | 1,670 million SLC | +9.7% |
| 2000 | 2,023 million SLC | +21.1% |
| 2001 | 2,095 million SLC | +3.6% |
| 2002 | 2,248 million SLC | +7.3% |
| 2003 | 2,353 million SLC | +4.7% |
| 2004 | 2,471 million SLC | +5.0% |
| 2005 | 2,613 million SLC | +5.8% |
| 2006 | 2,844 million SLC | +8.8% |
| 2007 | 2,982 million SLC | +4.8% |
| 2008 | 3,078 million SLC | +3.2% |
| 2009 | 3,148 million SLC | +2.3% |
| 2010 | 3,222 million SLC | +2.3% |
| 2011 | 3,465 million SLC | +7.6% |
| 2012 | 3,581 million SLC | +3.4% |
| 2013 | 3,828 million SLC | +6.9% |
| 2014 | 4,000 million SLC | +4.5% |
| 2015 | 4,225 million SLC | +5.6% |
| 2016 | 4,287 million SLC | +1.5% |
| 2017 | 4,310 million SLC | +0.5% |
| 2018 | 4,301 million SLC | -0.2% |
| 2019 | 4,476 million SLC | +4.1% |
| 2020 | 3,993 million SLC | -10.8% |
| 2021 | 4,710 million SLC | +18.0% |
| 2022 | 5,413 million SLC | +14.9% |
| 2023 | 5,949 million SLC | +9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 146.86 million SLC | 39.33 million SLC | 277.9 million SLC | 10 |
| 1980s | 480.54 million SLC | 348.7 million SLC | 829.47 million SLC | 10 |
| 1990s | 1,385 million SLC | 1,025 million SLC | 1,670 million SLC | 10 |
| 2000s | 2,585 million SLC | 2,023 million SLC | 3,148 million SLC | 10 |
| 2010s | 3,970 million SLC | 3,222 million SLC | 4,476 million SLC | 10 |
| 2020s | 5,016 million SLC | 3,993 million SLC | 5,949 million SLC | 4 |
Countries ranked near Belize
- 175 Montenegro 7,032 million SLC compare
- 176 Aruba 6,267 million SLC compare
- 177 Saint Lucia 6,001 million SLC compare
- 179 Curaçao 5,925 million SLC compare
- 180 Antigua and Barbuda 5,238 million SLC compare
- 181 Cayman Islands 4,183 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)
- GDP (current US$), annual growth rate 3.84 % change on previous year (2025)
- GDP (current US$), per capita 7,865 current US$ per person (2025)
- GDP (current LCU), annual growth rate 3.84 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 2 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 15,731 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 2.75 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8104 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 6,374 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross national income — value standard local currency in Belize?
- Gross national income — value standard local currency in Belize was 5,949 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Belize?
- The highest recorded value was 5,949 million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Belize?
- The lowest recorded value was 39.33 million SLC in 1970.
- How does Belize rank for gross national income — value standard local currency?
- Belize ranks 178th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Belize?
- Over the last ten years it is up 55.4%. 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 National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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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).