Industry (including construction), value added in Belize
Belize: Industry (including construction), value added was 390.02 million constant 2015 US$ in 2025. ▲ Rising
Industry (including construction), value added in Belize, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added in Belize is 390.02 million constant 2015 US$, measured in 2025. That is the highest value across all 56 years on record.
That represents a change of up 0.9% on the previous year and up 22.2% over ten years.
Over the whole period, industry (including construction), value added in Belize peaked at 390.02 million constant 2015 US$ in 2025 and was at its lowest, 47.01 million constant 2015 US$, in 1970.
Belize ranks 173rd of 196 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 56 years of available data.
Industry (including construction), value added in Belize, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 47.01 million constant 2015 US$ | — |
| 1971 | 49.94 million constant 2015 US$ | +6.2% |
| 1972 | 56.77 million constant 2015 US$ | +13.7% |
| 1973 | 61.90 million constant 2015 US$ | +9.0% |
| 1974 | 69.02 million constant 2015 US$ | +11.5% |
| 1975 | 73.41 million constant 2015 US$ | +6.4% |
| 1976 | 73.03 million constant 2015 US$ | -0.5% |
| 1977 | 84.15 million constant 2015 US$ | +15.2% |
| 1978 | 90.51 million constant 2015 US$ | +7.6% |
| 1979 | 95.68 million constant 2015 US$ | +5.7% |
| 1980 | 115.97 million constant 2015 US$ | +21.2% |
| 1981 | 119.84 million constant 2015 US$ | +3.3% |
| 1982 | 114.18 million constant 2015 US$ | -4.7% |
| 1983 | 110.65 million constant 2015 US$ | -3.1% |
| 1984 | 113.89 million constant 2015 US$ | +2.9% |
| 1985 | 114.09 million constant 2015 US$ | +0.2% |
| 1986 | 118.10 million constant 2015 US$ | +3.5% |
| 1987 | 133.24 million constant 2015 US$ | +12.8% |
| 1988 | 144.94 million constant 2015 US$ | +8.8% |
| 1989 | 172.56 million constant 2015 US$ | +19.1% |
| 1990 | 204.26 million constant 2015 US$ | +18.4% |
| 1991 | 221.46 million constant 2015 US$ | +8.4% |
| 1992 | 244.76 million constant 2015 US$ | +10.5% |
| 1993 | 266.60 million constant 2015 US$ | +8.9% |
| 1994 | 238.05 million constant 2015 US$ | -10.7% |
| 1995 | 236.92 million constant 2015 US$ | -0.5% |
| 1996 | 233.78 million constant 2015 US$ | -1.3% |
| 1997 | 235.41 million constant 2015 US$ | +0.7% |
| 1998 | 228.56 million constant 2015 US$ | -2.9% |
| 1999 | 250.50 million constant 2015 US$ | +9.6% |
| 2000 | 323.22 million constant 2015 US$ | +29.0% |
| 2001 | 318.84 million constant 2015 US$ | -1.4% |
| 2002 | 318.65 million constant 2015 US$ | -0.1% |
| 2003 | 286.01 million constant 2015 US$ | -10.2% |
| 2004 | 311.04 million constant 2015 US$ | +8.8% |
| 2005 | 308.51 million constant 2015 US$ | -0.8% |
| 2006 | 352.92 million constant 2015 US$ | +14.4% |
| 2007 | 376.27 million constant 2015 US$ | +6.6% |
| 2008 | 356.54 million constant 2015 US$ | -5.2% |
| 2009 | 377.81 million constant 2015 US$ | +6.0% |
| 2010 | 338.26 million constant 2015 US$ | -10.5% |
| 2011 | 333.14 million constant 2015 US$ | -1.5% |
| 2012 | 303.53 million constant 2015 US$ | -8.9% |
| 2013 | 309.10 million constant 2015 US$ | +1.8% |
| 2014 | 327.56 million constant 2015 US$ | +6.0% |
| 2015 | 319.17 million constant 2015 US$ | -2.6% |
| 2016 | 344.33 million constant 2015 US$ | +7.9% |
| 2017 | 320.27 million constant 2015 US$ | -7.0% |
| 2018 | 320.40 million constant 2015 US$ | +0.0% |
| 2019 | 336.19 million constant 2015 US$ | +4.9% |
| 2020 | 324.80 million constant 2015 US$ | -3.4% |
| 2021 | 386.67 million constant 2015 US$ | +19.0% |
| 2022 | 384.85 million constant 2015 US$ | -0.5% |
| 2023 | 375.76 million constant 2015 US$ | -2.4% |
| 2024 | 386.48 million constant 2015 US$ | +2.9% |
| 2025 | 390.02 million constant 2015 US$ | +0.9% |
Belize compared with similar countries
- Belize's 390.02 million constant 2015 US$ is below the median for upper middle income countries, which is 14.23 billion constant 2015 US$, 3% of the median. (58 countries reporting)
- Belize's 390.02 million constant 2015 US$ is below the median for Latin America & Caribbean, which is 6.95 billion constant 2015 US$, 6% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 70.14 million constant 2015 US$ | 47.01 million constant 2015 US$ | 95.68 million constant 2015 US$ | 10 |
| 1980s | 125.75 million constant 2015 US$ | 110.65 million constant 2015 US$ | 172.56 million constant 2015 US$ | 10 |
| 1990s | 236.03 million constant 2015 US$ | 204.26 million constant 2015 US$ | 266.60 million constant 2015 US$ | 10 |
| 2000s | 332.98 million constant 2015 US$ | 286.01 million constant 2015 US$ | 377.81 million constant 2015 US$ | 10 |
| 2010s | 325.20 million constant 2015 US$ | 303.53 million constant 2015 US$ | 344.33 million constant 2015 US$ | 10 |
| 2020s | 374.76 million constant 2015 US$ | 324.80 million constant 2015 US$ | 390.02 million constant 2015 US$ | 6 |
Countries ranked near Belize
- 170 Gambia 448.58 million constant 2015 US$ compare
- 171 Andorra 448.53 million constant 2015 US$ compare
- 172 Bermuda 397.09 million constant 2015 US$ compare
- 174 Aruba 379.98 million constant 2015 US$ compare
- 175 Antigua and Barbuda 375.86 million constant 2015 US$ compare
- 176 Solomon Islands 302.30 million constant 2015 US$ 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$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Belize?
- Industry (including construction), value added in Belize was 390.02 million constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Belize?
- The highest recorded value was 390.02 million constant 2015 US$ in 2025.
- What is the lowest industry (including construction), value added recorded in Belize?
- The lowest recorded value was 47.01 million constant 2015 US$ in 1970.
- How does Belize rank for industry (including construction), value added?
- Belize ranks 173rd out of 196 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Belize?
- Over the last ten years it is up 22.2%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 is 2015. This indicator is expressed in United States dollars.