Gross savings (current LCU) in Belize
Belize: Gross savings (current LCU) was 1.30 billion current LCU in 2024. ▲ Rising
Gross savings in Belize, 1984–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, gross savings in Belize stood at 1.30 billion current LCU. That is the highest value across all 41 years on record.
That represents a change of up 3.5% on the previous year and up 69.7% over ten years.
Over the whole period, gross savings in Belize peaked at 1.30 billion current LCU in 2024 and was at its lowest, 313.34 million current LCU, in 1998.
That places Belize 162nd out of 178 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Gross savings (current LCU) in Belize, year by year
| Year | current LCU | Change |
|---|---|---|
| 1984 | 352.44 million current LCU | — |
| 1985 | 336.74 million current LCU | -4.5% |
| 1986 | 386.00 million current LCU | +14.6% |
| 1987 | 463.95 million current LCU | +20.2% |
| 1988 | 508.36 million current LCU | +9.6% |
| 1989 | 596.28 million current LCU | +17.3% |
| 1990 | 653.63 million current LCU | +9.6% |
| 1991 | 691.07 million current LCU | +5.7% |
| 1992 | 436.67 million current LCU | -36.8% |
| 1993 | 488.21 million current LCU | +11.8% |
| 1994 | 430.06 million current LCU | -11.9% |
| 1995 | 460.17 million current LCU | +7.0% |
| 1996 | 436.06 million current LCU | -5.2% |
| 1997 | 331.72 million current LCU | -23.9% |
| 1998 | 313.34 million current LCU | -5.5% |
| 1999 | 363.65 million current LCU | +16.1% |
| 2000 | 515.50 million current LCU | +41.8% |
| 2001 | 377.84 million current LCU | -26.7% |
| 2002 | 357.04 million current LCU | -5.5% |
| 2003 | 319.16 million current LCU | -10.6% |
| 2004 | 382.81 million current LCU | +19.9% |
| 2005 | 493.94 million current LCU | +29.0% |
| 2006 | 716.81 million current LCU | +45.1% |
| 2007 | 746.32 million current LCU | +4.1% |
| 2008 | 704.77 million current LCU | -5.6% |
| 2009 | 713.34 million current LCU | +1.2% |
| 2010 | 653.10 million current LCU | -8.4% |
| 2011 | 786.22 million current LCU | +20.4% |
| 2012 | 763.22 million current LCU | -2.9% |
| 2013 | 726.34 million current LCU | -4.8% |
| 2014 | 767.90 million current LCU | +5.7% |
| 2015 | 888.33 million current LCU | +15.7% |
| 2016 | 931.59 million current LCU | +4.9% |
| 2017 | 825.33 million current LCU | -11.4% |
| 2018 | 694.76 million current LCU | -15.8% |
| 2019 | 746.64 million current LCU | +7.5% |
| 2020 | 930.61 million current LCU | +24.6% |
| 2021 | 1.09 billion current LCU | +16.9% |
| 2022 | 1.06 billion current LCU | -2.4% |
| 2023 | 1.26 billion current LCU | +18.6% |
| 2024 | 1.30 billion current LCU | +3.5% |
Belize compared with similar countries
- Belize's 1.30 billion current LCU is below the median for upper middle income countries, which is 445.87 billion current LCU, 0% of the median. (49 countries reporting)
- Belize's 1.30 billion current LCU is below the median for Latin America & Caribbean, which is 276.54 billion current LCU, 0% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 440.63 million current LCU | 336.74 million current LCU | 596.28 million current LCU | 6 |
| 1990s | 460.46 million current LCU | 313.34 million current LCU | 691.07 million current LCU | 10 |
| 2000s | 532.75 million current LCU | 319.16 million current LCU | 746.32 million current LCU | 10 |
| 2010s | 778.34 million current LCU | 653.10 million current LCU | 931.59 million current LCU | 10 |
| 2020s | 1.13 billion current LCU | 930.61 million current LCU | 1.30 billion current LCU | 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 savings in Belize?
- Gross savings in Belize was 1.30 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Belize?
- The highest recorded value was 1.30 billion current LCU in 2024.
- What is the lowest gross savings recorded in Belize?
- The lowest recorded value was 313.34 million current LCU in 1998.
- How does Belize rank for gross savings?
- Belize ranks 162nd out of 178 countries with data for 2024.
- Is gross savings rising or falling in Belize?
- Over the last ten years it is up 69.7%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.