Gross value added at basic prices (GVA) (current LCU), annual growth in Belize
Belize: Gross value added at basic prices (GVA) (current LCU), annual growth was 5.31 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Belize, 1979–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Belize recorded 5.31 % change on previous year for gross value added at basic prices (gva) (current lcu), annual growth in 2024.
Compared with earlier readings it is down 24.4% on the previous year and up 8.2% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Belize peaked at 71.18 % change on previous year in 1980 and was at its lowest, -12.66 % change on previous year, in 2020.
Belize ranks 136th of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current LCU), annual growth in Belize, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1979 | 9.92 % change on previous year | — |
| 1980 | 71.18 % change on previous year | +617.2% |
| 1981 | 2.03 % change on previous year | -97.2% |
| 1982 | -4.78 % change on previous year | -335.8% |
| 1983 | 5.86 % change on previous year | -222.7% |
| 1984 | 10.52 % change on previous year | +79.5% |
| 1985 | -1.41 % change on previous year | -113.4% |
| 1986 | 7.44 % change on previous year | -627.2% |
| 1987 | 19.29 % change on previous year | +159.4% |
| 1988 | 11.78 % change on previous year | -38.9% |
| 1989 | 16.74 % change on previous year | +42.1% |
| 1990 | 10.57 % change on previous year | -36.8% |
| 1991 | 9.11 % change on previous year | -13.8% |
| 1992 | 17.14 % change on previous year | +88.1% |
| 1993 | 7.97 % change on previous year | -53.5% |
| 1994 | 1.91 % change on previous year | -76.0% |
| 1995 | 6.31 % change on previous year | +230.1% |
| 1996 | 3.35 % change on previous year | -46.8% |
| 1997 | 2.45 % change on previous year | -27.0% |
| 1998 | 6.07 % change on previous year | +148.1% |
| 1999 | 9.49 % change on previous year | +56.2% |
| 2000 | 14.13 % change on previous year | +48.9% |
| 2001 | 1.87 % change on previous year | -86.7% |
| 2002 | 5.53 % change on previous year | +195.3% |
| 2003 | 5.4 % change on previous year | -2.3% |
| 2004 | 7.14 % change on previous year | +32.1% |
| 2005 | 5.26 % change on previous year | -26.4% |
| 2006 | 7.47 % change on previous year | +42.1% |
| 2007 | 7.22 % change on previous year | -3.4% |
| 2008 | 1.87 % change on previous year | -74.1% |
| 2009 | -2.22 % change on previous year | -218.7% |
| 2010 | 2.48 % change on previous year | -211.6% |
| 2011 | 4.82 % change on previous year | +94.3% |
| 2012 | 4.23 % change on previous year | -12.1% |
| 2013 | 5.88 % change on previous year | +38.9% |
| 2014 | 4.91 % change on previous year | -16.6% |
| 2015 | 0.7074 % change on previous year | -85.6% |
| 2016 | 0.543 % change on previous year | -23.2% |
| 2017 | 1.43 % change on previous year | +163.0% |
| 2018 | 0.1934 % change on previous year | -86.5% |
| 2019 | 4.23 % change on previous year | +2084.8% |
| 2020 | -12.66 % change on previous year | -399.6% |
| 2021 | 18.5 % change on previous year | -246.2% |
| 2022 | 15.73 % change on previous year | -15.0% |
| 2023 | 7.02 % change on previous year | -55.4% |
| 2024 | 5.31 % change on previous year | -24.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.92 % change on previous year | 9.92 % change on previous year | 9.92 % change on previous year | 1 |
| 1980s | 13.87 % change on previous year | -4.78 % change on previous year | 71.18 % change on previous year | 10 |
| 1990s | 7.44 % change on previous year | 1.91 % change on previous year | 17.14 % change on previous year | 10 |
| 2000s | 5.37 % change on previous year | -2.22 % change on previous year | 14.13 % change on previous year | 10 |
| 2010s | 2.94 % change on previous year | 0.1934 % change on previous year | 5.88 % change on previous year | 10 |
| 2020s | 6.78 % change on previous year | -12.66 % change on previous year | 18.5 % change on previous year | 5 |
Countries ranked near Belize
- 133 Malta 5.34 % change on previous year compare
- 134 Sri Lanka 5.34 % change on previous year compare
- 135 Cyprus 5.33 % change on previous year compare
- 137 Niger 5.26 % change on previous year compare
- 138 Spain 5.25 % change on previous year compare
- 139 Bosnia and Herzegovina 5.21 % change on previous year 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)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.7 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 13,052 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.18 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7035 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 5,534 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.18 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.42 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 11,147 constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), annual growth in Belize?
- Gross value added at basic prices (gva) (current lcu), annual growth in Belize was 5.31 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Belize?
- The highest recorded value was 71.18 % change on previous year in 1980.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Belize?
- The lowest recorded value was -12.66 % change on previous year in 2020.
- How does Belize rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Belize ranks 136th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Belize?
- Over the last ten years it is up 8.2%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.