Gross value added at basic prices (GVA) in Belize
Belize: Gross value added at basic prices (GVA) was 2.34 billion constant 2015 US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Belize, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Belize is 2.34 billion constant 2015 US$, measured in 2025. That is the highest value across all 56 years on record.
The figure is up 3.2% on the previous year and up 23.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Belize peaked at 2.34 billion constant 2015 US$ in 2025 and was at its lowest, 86.45 million constant 2015 US$, in 1970.
That places Belize 169th out of 194 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Belize, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 86.45 million constant 2015 US$ | — |
| 1971 | 91.87 million constant 2015 US$ | +6.3% |
| 1972 | 99.11 million constant 2015 US$ | +7.9% |
| 1973 | 105.96 million constant 2015 US$ | +6.9% |
| 1974 | 116.50 million constant 2015 US$ | +10.0% |
| 1975 | 122.11 million constant 2015 US$ | +4.8% |
| 1976 | 115.65 million constant 2015 US$ | -5.3% |
| 1977 | 143.57 million constant 2015 US$ | +24.1% |
| 1978 | 152.84 million constant 2015 US$ | +6.5% |
| 1979 | 155.66 million constant 2015 US$ | +1.8% |
| 1980 | 454.04 million constant 2015 US$ | +191.7% |
| 1981 | 463.32 million constant 2015 US$ | +2.0% |
| 1982 | 460.49 million constant 2015 US$ | -0.6% |
| 1983 | 453.39 million constant 2015 US$ | -1.5% |
| 1984 | 461.24 million constant 2015 US$ | +1.7% |
| 1985 | 463.02 million constant 2015 US$ | +0.4% |
| 1986 | 476.68 million constant 2015 US$ | +2.9% |
| 1987 | 530.69 million constant 2015 US$ | +11.3% |
| 1988 | 567.17 million constant 2015 US$ | +6.9% |
| 1989 | 641.79 million constant 2015 US$ | +13.2% |
| 1990 | 706.50 million constant 2015 US$ | +10.1% |
| 1991 | 753.90 million constant 2015 US$ | +6.7% |
| 1992 | 850.79 million constant 2015 US$ | +12.9% |
| 1993 | 905.59 million constant 2015 US$ | +6.4% |
| 1994 | 910.53 million constant 2015 US$ | +0.5% |
| 1995 | 915.21 million constant 2015 US$ | +0.5% |
| 1996 | 924.89 million constant 2015 US$ | +1.1% |
| 1997 | 962.97 million constant 2015 US$ | +4.1% |
| 1998 | 995.78 million constant 2015 US$ | +3.4% |
| 1999 | 1.09 billion constant 2015 US$ | +9.5% |
| 2000 | 1.23 billion constant 2015 US$ | +13.1% |
| 2001 | 1.27 billion constant 2015 US$ | +3.4% |
| 2002 | 1.33 billion constant 2015 US$ | +4.7% |
| 2003 | 1.47 billion constant 2015 US$ | +9.8% |
| 2004 | 1.54 billion constant 2015 US$ | +5.3% |
| 2005 | 1.59 billion constant 2015 US$ | +3.3% |
| 2006 | 1.66 billion constant 2015 US$ | +4.0% |
| 2007 | 1.71 billion constant 2015 US$ | +2.9% |
| 2008 | 1.68 billion constant 2015 US$ | -1.6% |
| 2009 | 1.69 billion constant 2015 US$ | +0.9% |
| 2010 | 1.70 billion constant 2015 US$ | +0.3% |
| 2011 | 1.68 billion constant 2015 US$ | -0.9% |
| 2012 | 1.74 billion constant 2015 US$ | +3.5% |
| 2013 | 1.80 billion constant 2015 US$ | +3.6% |
| 2014 | 1.87 billion constant 2015 US$ | +3.5% |
| 2015 | 1.89 billion constant 2015 US$ | +1.4% |
| 2016 | 1.89 billion constant 2015 US$ | -0.2% |
| 2017 | 1.87 billion constant 2015 US$ | -0.8% |
| 2018 | 1.89 billion constant 2015 US$ | +0.6% |
| 2019 | 1.96 billion constant 2015 US$ | +4.2% |
| 2020 | 1.72 billion constant 2015 US$ | -12.6% |
| 2021 | 2.02 billion constant 2015 US$ | +17.4% |
| 2022 | 2.16 billion constant 2015 US$ | +7.1% |
| 2023 | 2.18 billion constant 2015 US$ | +0.8% |
| 2024 | 2.27 billion constant 2015 US$ | +4.2% |
| 2025 | 2.34 billion constant 2015 US$ | +3.2% |
Belize compared with similar countries
- Belize's 2.34 billion constant 2015 US$ is below the median for upper middle income countries, which is 45.40 billion constant 2015 US$, 5% of the median. (57 countries reporting)
- Belize's 2.34 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 23.67 billion constant 2015 US$, 10% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +191.7% | 155.66 million constant 2015 US$ | 454.04 million constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 118.97 million constant 2015 US$ | 86.45 million constant 2015 US$ | 155.66 million constant 2015 US$ | 10 |
| 1980s | 497.18 million constant 2015 US$ | 453.39 million constant 2015 US$ | 641.79 million constant 2015 US$ | 10 |
| 1990s | 901.62 million constant 2015 US$ | 706.50 million constant 2015 US$ | 1.09 billion constant 2015 US$ | 10 |
| 2000s | 1.52 billion constant 2015 US$ | 1.23 billion constant 2015 US$ | 1.71 billion constant 2015 US$ | 10 |
| 2010s | 1.83 billion constant 2015 US$ | 1.68 billion constant 2015 US$ | 1.96 billion constant 2015 US$ | 10 |
| 2020s | 2.11 billion constant 2015 US$ | 1.72 billion constant 2015 US$ | 2.34 billion constant 2015 US$ | 6 |
Countries ranked near Belize
- 166 Aruba 2.86 billion constant 2015 US$ compare
- 167 Greenland 2.82 billion constant 2015 US$ compare
- 168 Turks and Caicos Islands 2.34 billion constant 2015 US$ compare
- 170 Lesotho 2.21 billion constant 2015 US$ compare
- 171 Cape Verde 2.05 billion constant 2015 US$ compare
- 172 Gambia 2.02 billion constant 2015 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$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Belize?
- Gross value added at basic prices (gva) in Belize was 2.34 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Belize?
- The highest recorded value was 2.34 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Belize?
- The lowest recorded value was 86.45 million constant 2015 US$ in 1970.
- How does Belize rank for gross value added at basic prices (gva)?
- Belize ranks 169th out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Belize?
- Over the last ten years it is up 23.6%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.