Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Belize
Belize: Gross value added at basic prices (GVA) (current LCU), per unit of GDP was 1.7 current LCU per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Belize, 1978–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Belize recorded 1.7 current LCU per US$ of GDP for gross value added at basic prices (gva) (current lcu), per unit of gdp in 2024.
That represents a change of up 0.3% on the previous year and down 3.4% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), per unit of gdp in Belize peaked at 1.86 current LCU per US$ of GDP in 1983 and was at its lowest, 1.69 current LCU per US$ of GDP, in 2018.
That places Belize 142nd out of 205 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Belize, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1978 | 1.85 current LCU per US$ of GDP | — |
| 1979 | 1.82 current LCU per US$ of GDP | -1.3% |
| 1980 | 1.84 current LCU per US$ of GDP | +1.0% |
| 1981 | 1.85 current LCU per US$ of GDP | +0.7% |
| 1982 | 1.85 current LCU per US$ of GDP | -0.1% |
| 1983 | 1.86 current LCU per US$ of GDP | +0.4% |
| 1984 | 1.86 current LCU per US$ of GDP | -0.2% |
| 1985 | 1.85 current LCU per US$ of GDP | -0.4% |
| 1986 | 1.83 current LCU per US$ of GDP | -0.9% |
| 1987 | 1.83 current LCU per US$ of GDP | +0.1% |
| 1988 | 1.81 current LCU per US$ of GDP | -1.6% |
| 1989 | 1.81 current LCU per US$ of GDP | +0.2% |
| 1990 | 1.8 current LCU per US$ of GDP | -0.7% |
| 1991 | 1.8 current LCU per US$ of GDP | -0.0% |
| 1992 | 1.8 current LCU per US$ of GDP | +0.5% |
| 1993 | 1.8 current LCU per US$ of GDP | -0.1% |
| 1994 | 1.79 current LCU per US$ of GDP | -0.7% |
| 1995 | 1.79 current LCU per US$ of GDP | +0.2% |
| 1996 | 1.79 current LCU per US$ of GDP | -0.5% |
| 1997 | 1.78 current LCU per US$ of GDP | -0.2% |
| 1998 | 1.78 current LCU per US$ of GDP | -0.3% |
| 1999 | 1.81 current LCU per US$ of GDP | +1.8% |
| 2000 | 1.81 current LCU per US$ of GDP | +0.3% |
| 2001 | 1.79 current LCU per US$ of GDP | -1.1% |
| 2002 | 1.78 current LCU per US$ of GDP | -0.6% |
| 2003 | 1.79 current LCU per US$ of GDP | +0.2% |
| 2004 | 1.79 current LCU per US$ of GDP | +0.1% |
| 2005 | 1.79 current LCU per US$ of GDP | -0.0% |
| 2006 | 1.78 current LCU per US$ of GDP | -0.4% |
| 2007 | 1.78 current LCU per US$ of GDP | -0.1% |
| 2008 | 1.78 current LCU per US$ of GDP | -0.0% |
| 2009 | 1.79 current LCU per US$ of GDP | +0.7% |
| 2010 | 1.77 current LCU per US$ of GDP | -1.1% |
| 2011 | 1.77 current LCU per US$ of GDP | +0.1% |
| 2012 | 1.77 current LCU per US$ of GDP | -0.4% |
| 2013 | 1.76 current LCU per US$ of GDP | -0.3% |
| 2014 | 1.76 current LCU per US$ of GDP | -0.1% |
| 2015 | 1.73 current LCU per US$ of GDP | -1.8% |
| 2016 | 1.7 current LCU per US$ of GDP | -1.5% |
| 2017 | 1.7 current LCU per US$ of GDP | +0.2% |
| 2018 | 1.69 current LCU per US$ of GDP | -0.7% |
| 2019 | 1.69 current LCU per US$ of GDP | +0.1% |
| 2020 | 1.72 current LCU per US$ of GDP | +1.6% |
| 2021 | 1.72 current LCU per US$ of GDP | -0.1% |
| 2022 | 1.7 current LCU per US$ of GDP | -1.3% |
| 2023 | 1.69 current LCU per US$ of GDP | -0.2% |
| 2024 | 1.7 current LCU per US$ of GDP | +0.3% |
Belize compared with similar countries
- Belize's 1.7 current LCU per US$ of GDP is below the median for upper middle income countries, which is 13.91 current LCU per US$ of GDP, 12% of the median. (58 countries reporting)
- Belize's 1.7 current LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 2.38 current LCU per US$ of GDP, 71% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.84 current LCU per US$ of GDP | 1.82 current LCU per US$ of GDP | 1.85 current LCU per US$ of GDP | 2 |
| 1980s | 1.84 current LCU per US$ of GDP | 1.81 current LCU per US$ of GDP | 1.86 current LCU per US$ of GDP | 10 |
| 1990s | 1.79 current LCU per US$ of GDP | 1.78 current LCU per US$ of GDP | 1.81 current LCU per US$ of GDP | 10 |
| 2000s | 1.79 current LCU per US$ of GDP | 1.78 current LCU per US$ of GDP | 1.81 current LCU per US$ of GDP | 10 |
| 2010s | 1.73 current LCU per US$ of GDP | 1.69 current LCU per US$ of GDP | 1.77 current LCU per US$ of GDP | 10 |
| 2020s | 1.71 current LCU per US$ of GDP | 1.69 current LCU per US$ of GDP | 1.72 current LCU per US$ of GDP | 5 |
Countries ranked near Belize
- 139 Tonga 2.04 current LCU per US$ of GDP compare
- 140 Fiji 1.95 current LCU per US$ of GDP compare
- 141 Barbados 1.79 current LCU per US$ of GDP compare
- 143 Sint Maarten (Dutch part) 1.68 current LCU per US$ of GDP compare
- 144 Aruba 1.56 current LCU per US$ of GDP compare
- 145 Kiribati 1.55 current LCU per US$ of GDP 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)
- SDRs holdings, US dollar, annual growth rate 4.94 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 120.67 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0711 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0112 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 88.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0084 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), per unit of gdp in Belize?
- Gross value added at basic prices (gva) (current lcu), per unit of gdp in Belize was 1.7 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Belize?
- The highest recorded value was 1.86 current LCU per US$ of GDP in 1983.
- What is the lowest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Belize?
- The lowest recorded value was 1.69 current LCU per US$ of GDP in 2018.
- How does Belize rank for gross value added at basic prices (gva) (current lcu), per unit of gdp?
- Belize ranks 142nd out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current lcu), per unit of gdp rising or falling in Belize?
- Over the last ten years it is down 3.4%. The long-run trend across the full record is falling.
- 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Gross value added at basic prices (GVA) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.