Gross value added at basic prices (GVA) in Belize
Belize: Gross value added at basic prices (GVA) was 2.72 billion current US$ in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in Belize, 1978–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross value added at basic prices (gva) in Belize stood at 2.72 billion current US$. That is the highest value across all 47 years on record.
That represents a change of up 5.3% on the previous year and up 44.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Belize peaked at 2.72 billion current US$ in 2024 and was at its lowest, 125.95 million current US$, in 1978.
That places Belize 174th out of 204 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 132.20 million current US$ | 125.95 million current US$ | 138.45 million current US$ | 2 |
| 1980s | 293.82 million current US$ | 230.25 million current US$ | 444.20 million current US$ | 10 |
| 1990s | 702.22 million current US$ | 491.17 million current US$ | 903.04 million current US$ | 10 |
| 2000s | 1.29 billion current US$ | 1.03 billion current US$ | 1.55 billion current US$ | 10 |
| 2010s | 1.82 billion current US$ | 1.55 billion current US$ | 2.02 billion current US$ | 10 |
| 2020s | 2.31 billion current US$ | 1.76 billion current US$ | 2.72 billion current US$ | 5 |
Countries ranked near Belize
- 171 Greenland 3.19 billion current US$ compare
- 172 Burundi 3.06 billion current US$ compare
- 173 Curacao 3.02 billion current US$ compare
- 175 Central African Republic 2.71 billion current US$ compare
- 176 Cape Verde 2.56 billion current US$ compare
- 177 Guinea-Bissau 2.41 billion current US$ compare
More economy & growth data for Belize
- External balance on goods and services as a percent of GDP 1.5% (2024)
- Inflation of consumer prices 1.1% (2025)
- GDP per capita 6,374 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 6.6% (2024)
- Gross domestic product (GDP) 2.70 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,374 constant 2015 US$ (2025)
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 299.82 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 149.91 million current US$ (2025)
- Taxes less subsidies on products 963.64 million current LCU (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Belize?
- Gross value added at basic prices (gva) in Belize was 2.72 billion current US$ in 2024, 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 2.72 billion current US$ in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Belize?
- The lowest recorded value was 125.95 million current US$ in 1978.
- How does Belize rank for gross value added at basic prices (gva)?
- Belize ranks 174th out of 204 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Belize?
- Over the last ten years it is up 44.8%. 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) (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 47 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.