Gross savings in Belize
Belize: Gross savings 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 161st 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 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 451.73 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 205.45 billion current LCU, 1% 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
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.40 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0004 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 3.3 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240,004 BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 0.5675 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.32 % 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 161st 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.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.