Gross value added at basic prices (GVA) in Belize
Belize: Gross value added at basic prices (GVA) was 4.71 billion constant LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Belize, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Belize stood at 4.71 billion constant LCU. That is the highest value across all 56 years on record.
Compared with earlier readings it 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 4.71 billion constant LCU in 2025 and was at its lowest, 174.15 million constant LCU, in 1970.
Belize ranks 178th of 198 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 value added at basic prices (GVA) in Belize, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 174.15 million constant LCU | — |
| 1971 | 185.06 million constant LCU | +6.3% |
| 1972 | 199.64 million constant LCU | +7.9% |
| 1973 | 213.44 million constant LCU | +6.9% |
| 1974 | 234.68 million constant LCU | +10.0% |
| 1975 | 245.97 million constant LCU | +4.8% |
| 1976 | 232.97 million constant LCU | -5.3% |
| 1977 | 289.20 million constant LCU | +24.1% |
| 1978 | 307.87 million constant LCU | +6.5% |
| 1979 | 313.56 million constant LCU | +1.8% |
| 1980 | 914.60 million constant LCU | +191.7% |
| 1981 | 933.30 million constant LCU | +2.0% |
| 1982 | 927.60 million constant LCU | -0.6% |
| 1983 | 913.30 million constant LCU | -1.5% |
| 1984 | 929.10 million constant LCU | +1.7% |
| 1985 | 932.70 million constant LCU | +0.4% |
| 1986 | 960.20 million constant LCU | +2.9% |
| 1987 | 1.07 billion constant LCU | +11.3% |
| 1988 | 1.14 billion constant LCU | +6.9% |
| 1989 | 1.29 billion constant LCU | +13.2% |
| 1990 | 1.42 billion constant LCU | +10.1% |
| 1991 | 1.52 billion constant LCU | +6.7% |
| 1992 | 1.71 billion constant LCU | +12.9% |
| 1993 | 1.82 billion constant LCU | +6.4% |
| 1994 | 1.83 billion constant LCU | +0.5% |
| 1995 | 1.84 billion constant LCU | +0.5% |
| 1996 | 1.86 billion constant LCU | +1.1% |
| 1997 | 1.94 billion constant LCU | +4.1% |
| 1998 | 2.01 billion constant LCU | +3.4% |
| 1999 | 2.20 billion constant LCU | +9.5% |
| 2000 | 2.48 billion constant LCU | +13.1% |
| 2001 | 2.57 billion constant LCU | +3.4% |
| 2002 | 2.69 billion constant LCU | +4.7% |
| 2003 | 2.95 billion constant LCU | +9.8% |
| 2004 | 3.11 billion constant LCU | +5.3% |
| 2005 | 3.21 billion constant LCU | +3.3% |
| 2006 | 3.34 billion constant LCU | +4.0% |
| 2007 | 3.43 billion constant LCU | +2.9% |
| 2008 | 3.38 billion constant LCU | -1.6% |
| 2009 | 3.41 billion constant LCU | +0.9% |
| 2010 | 3.42 billion constant LCU | +0.3% |
| 2011 | 3.39 billion constant LCU | -0.9% |
| 2012 | 3.51 billion constant LCU | +3.5% |
| 2013 | 3.63 billion constant LCU | +3.6% |
| 2014 | 3.76 billion constant LCU | +3.5% |
| 2015 | 3.81 billion constant LCU | +1.4% |
| 2016 | 3.81 billion constant LCU | -0.2% |
| 2017 | 3.77 billion constant LCU | -0.8% |
| 2018 | 3.80 billion constant LCU | +0.6% |
| 2019 | 3.96 billion constant LCU | +4.2% |
| 2020 | 3.46 billion constant LCU | -12.6% |
| 2021 | 4.06 billion constant LCU | +17.4% |
| 2022 | 4.35 billion constant LCU | +7.1% |
| 2023 | 4.39 billion constant LCU | +0.8% |
| 2024 | 4.57 billion constant LCU | +4.2% |
| 2025 | 4.71 billion constant LCU | +3.2% |
Belize compared with similar countries
- Belize's 4.71 billion constant LCU is below the median for upper middle income countries, which is 504.09 billion constant LCU, 1% of the median. (57 countries reporting)
- Belize's 4.71 billion constant LCU is below the median for Latin America & Caribbean, which is 111.15 billion constant LCU, 4% of the median. (37 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% | 313.56 million constant LCU | 914.60 million constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 239.65 million constant LCU | 174.15 million constant LCU | 313.56 million constant LCU | 10 |
| 1980s | 1.00 billion constant LCU | 913.30 million constant LCU | 1.29 billion constant LCU | 10 |
| 1990s | 1.82 billion constant LCU | 1.42 billion constant LCU | 2.20 billion constant LCU | 10 |
| 2000s | 3.06 billion constant LCU | 2.48 billion constant LCU | 3.43 billion constant LCU | 10 |
| 2010s | 3.69 billion constant LCU | 3.39 billion constant LCU | 3.96 billion constant LCU | 10 |
| 2020s | 4.26 billion constant LCU | 3.46 billion constant LCU | 4.71 billion constant LCU | 6 |
Countries ranked near Belize
- 175 Saint Lucia 5.26 billion constant LCU compare
- 176 Cayman Islands 4.96 billion constant LCU compare
- 177 Aruba 4.92 billion constant LCU compare
- 179 Isle of Man 4.62 billion constant LCU compare
- 180 Antigua and Barbuda 4.37 billion constant LCU compare
- 181 Sao Tome and Principe 4.02 billion constant LCU 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 4.71 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Belize?
- The highest recorded value was 4.71 billion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Belize?
- The lowest recorded value was 174.15 million constant LCU in 1970.
- How does Belize rank for gross value added at basic prices (gva)?
- Belize ranks 178th out of 198 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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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 varies by country. This series is expressed in local currency units.