Gross savings in Belize
Belize: Gross savings was 651.38 million current US$ in 2024. ▲ Rising
Gross savings in Belize, 1984–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross savings in Belize stood at 651.38 million current US$. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 3.5% on the previous year and up 69.7% over ten years.
Over the whole period, gross savings in Belize peaked at 651.38 million current US$ in 2024 and was at its lowest, 156.67 million current US$, in 1998.
Belize ranks 151st of 178 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Gross savings in Belize, year by year
| Year | current US$ | Change |
|---|---|---|
| 1984 | 176.22 million current US$ | — |
| 1985 | 168.37 million current US$ | -4.5% |
| 1986 | 193.00 million current US$ | +14.6% |
| 1987 | 231.98 million current US$ | +20.2% |
| 1988 | 254.18 million current US$ | +9.6% |
| 1989 | 298.14 million current US$ | +17.3% |
| 1990 | 326.82 million current US$ | +9.6% |
| 1991 | 345.54 million current US$ | +5.7% |
| 1992 | 218.33 million current US$ | -36.8% |
| 1993 | 244.11 million current US$ | +11.8% |
| 1994 | 215.03 million current US$ | -11.9% |
| 1995 | 230.09 million current US$ | +7.0% |
| 1996 | 218.03 million current US$ | -5.2% |
| 1997 | 165.86 million current US$ | -23.9% |
| 1998 | 156.67 million current US$ | -5.5% |
| 1999 | 181.82 million current US$ | +16.1% |
| 2000 | 257.75 million current US$ | +41.8% |
| 2001 | 188.92 million current US$ | -26.7% |
| 2002 | 178.52 million current US$ | -5.5% |
| 2003 | 159.58 million current US$ | -10.6% |
| 2004 | 191.40 million current US$ | +19.9% |
| 2005 | 246.97 million current US$ | +29.0% |
| 2006 | 358.40 million current US$ | +45.1% |
| 2007 | 373.16 million current US$ | +4.1% |
| 2008 | 352.38 million current US$ | -5.6% |
| 2009 | 356.67 million current US$ | +1.2% |
| 2010 | 326.55 million current US$ | -8.4% |
| 2011 | 393.11 million current US$ | +20.4% |
| 2012 | 381.61 million current US$ | -2.9% |
| 2013 | 363.17 million current US$ | -4.8% |
| 2014 | 383.95 million current US$ | +5.7% |
| 2015 | 444.17 million current US$ | +15.7% |
| 2016 | 465.80 million current US$ | +4.9% |
| 2017 | 412.67 million current US$ | -11.4% |
| 2018 | 347.38 million current US$ | -15.8% |
| 2019 | 373.32 million current US$ | +7.5% |
| 2020 | 465.31 million current US$ | +24.6% |
| 2021 | 543.80 million current US$ | +16.9% |
| 2022 | 530.91 million current US$ | -2.4% |
| 2023 | 629.52 million current US$ | +18.6% |
| 2024 | 651.38 million current US$ | +3.5% |
Belize compared with similar countries
- Belize's 651.38 million current US$ is below the median for upper middle income countries, which is 17.82 billion current US$, 4% of the median. (49 countries reporting)
- Belize's 651.38 million current US$ is below the median for Latin America & Caribbean, which is 13.25 billion current US$, 5% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 220.31 million current US$ | 168.37 million current US$ | 298.14 million current US$ | 6 |
| 1990s | 230.23 million current US$ | 156.67 million current US$ | 345.54 million current US$ | 10 |
| 2000s | 266.38 million current US$ | 159.58 million current US$ | 373.16 million current US$ | 10 |
| 2010s | 389.17 million current US$ | 326.55 million current US$ | 465.80 million current US$ | 10 |
| 2020s | 564.18 million current US$ | 465.31 million current US$ | 651.38 million current US$ | 5 |
Countries ranked near Belize
- 148 Fiji 779.18 million current US$ compare
- 149 Bhutan 767.68 million current US$ compare
- 150 Faroe Islands 721.07 million current US$ compare
- 152 Montenegro 650.78 million current US$ compare
- 153 Cape Verde 646.00 million current US$ compare
- 154 Gambia 623.58 million current US$ 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)
- 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$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Belize?
- Gross savings in Belize was 651.38 million current US$ 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 651.38 million current US$ in 2024.
- What is the lowest gross savings recorded in Belize?
- The lowest recorded value was 156.67 million current US$ in 1998.
- How does Belize rank for gross savings?
- Belize ranks 151st 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 US$). 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 indicator is expressed in United States dollars.