Gross value added at basic prices (GVA) (current US$), annual growth in Belize
Belize: Gross value added at basic prices (GVA) (current US$), annual growth was 5.31 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), annual growth in Belize, 1979–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (current us$), annual growth in Belize is 5.31 % change on previous year, measured in 2024.
The figure 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 us$), annual growth in Belize peaked at 71.18 % change on previous year in 1980 and was at its lowest, -12.66 % change on previous year, in 2020.
That places Belize 147th out of 205 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$), 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 | +148.0% |
| 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 | +195.2% |
| 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 | -218.8% |
| 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 | 0.1937 % change on previous year | -86.4% |
| 2019 | 4.23 % change on previous year | +2081.9% |
| 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 | 0.1937 % 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
- 144 Greenland 5.43 % change on previous year compare
- 145 Jordan 5.37 % change on previous year compare
- 146 Solomon Islands 5.31 % change on previous year compare
- 148 New Caledonia 5.27 % change on previous year compare
- 149 India 5.26 % change on previous year compare
- 150 Turks and Caicos Islands 5.09 % 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 US$), per unit of GDP 0.8496 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 6,526 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.31 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in Belize?
- Gross value added at basic prices (gva) (current us$), 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 us$), annual growth recorded in Belize?
- The highest recorded value was 71.18 % change on previous year in 1980.
- What is the lowest gross value added at basic prices (gva) (current us$), 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 us$), annual growth?
- Belize ranks 147th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current us$), 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). 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 Offices (NSOs)
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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.