Industry (including construction) … current LCU rate annual growth in Belize

Belize: Industry (including construction) … current LCU rate annual growth was 6.13 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6.13 % change on previous year
Change on year
up 2,758.0%
World rank
114th
of 207 countries
All-time high
127.02 % change on previous year
in 1980
All-time low
-17.12 % change on previous year
in 1982
Years of data
46
1979–2024

Industry (including construction), value added (current LCU), annual in Belize, 1979–2024

050100150197920012024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, industry (including construction), value added (current lcu), annual in Belize stood at 6.13 % change on previous year.

The figure is up 2,758.0% on the previous year and up 16.6% over ten years.

Over the whole period, industry (including construction), value added (current lcu), annual in Belize peaked at 127.02 % change on previous year in 1980 and was at its lowest, -17.12 % change on previous year, in 1982.

Belize ranks 114th of 207 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.

Industry (including construction) … current LCU rate annual growth in Belize, year by year

Annual values for Industry (including construction), value added (current LCU), annual growth rate in Belize, 1979 to 2024.
Year % change on previous year Change
1979 -2.25 % change on previous year —
1980 127.02 % change on previous year -5734.2%
1981 -9.72 % change on previous year -107.7%
1982 -17.12 % change on previous year +76.1%
1983 4.75 % change on previous year -127.8%
1984 23.52 % change on previous year +394.8%
1985 -7.42 % change on previous year -131.6%
1986 5.83 % change on previous year -178.6%
1987 35.73 % change on previous year +512.9%
1988 15.5 % change on previous year -56.6%
1989 15.91 % change on previous year +2.6%
1990 8.07 % change on previous year -49.3%
1991 9.42 % change on previous year +16.7%
1992 14.22 % change on previous year +50.8%
1993 10.67 % change on previous year -24.9%
1994 -7.38 % change on previous year -169.1%
1995 6.13 % change on previous year -183.0%
1996 4.77 % change on previous year -22.1%
1997 -1.94 % change on previous year -140.5%
1998 6.75 % change on previous year -448.6%
1999 5.41 % change on previous year -19.8%
2000 28.33 % change on previous year +423.7%
2001 -5.32 % change on previous year -118.8%
2002 1.09 % change on previous year -120.4%
2003 -8.42 % change on previous year -874.2%
2004 8.18 % change on previous year -197.1%
2005 2.75 % change on previous year -66.3%
2006 19.95 % change on previous year +624.9%
2007 13.67 % change on previous year -31.5%
2008 2.34 % change on previous year -82.9%
2009 -7.02 % change on previous year -399.7%
2010 -2.65 % change on previous year -62.3%
2011 8.51 % change on previous year -421.6%
2012 -10.67 % change on previous year -225.4%
2013 4.19 % change on previous year -139.3%
2014 5.26 % change on previous year +25.5%
2015 -5.75 % change on previous year -209.3%
2016 8.37 % change on previous year -245.5%
2017 -7.68 % change on previous year -191.8%
2018 -2.16 % change on previous year -72.0%
2019 7.08 % change on previous year -428.7%
2020 -0.6957 % change on previous year -109.8%
2021 23.8 % change on previous year -3521.5%
2022 7.18 % change on previous year -69.8%
2023 -0.2308 % change on previous year -103.2%
2024 6.13 % change on previous year -2758.0%

Belize compared with similar countries

  • Belize's 6.13 % change on previous year is below the median for upper middle income countries, which is 6.55 % change on previous year, 94% of the median. (59 countries reporting)
  • Belize's 6.13 % change on previous year is below the median for Latin America & Caribbean, which is 6.25 % change on previous year, 98% of the median. (39 countries reporting)

Biggest year-on-year movements

Years where Industry (including construction) … current LCU rate annual growth in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1980 +5734.2% -2.25 % change on previous year 127.02 % change on previous year
2021 +3521.5% -0.6957 % change on previous year 23.8 % change on previous year
2024 +2758.0% -0.2308 % change on previous year 6.13 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s -2.25 % change on previous year -2.25 % change on previous year -2.25 % change on previous year 1
1980s 19.4 % change on previous year -17.12 % change on previous year 127.02 % change on previous year 10
1990s 5.61 % change on previous year -7.38 % change on previous year 14.22 % change on previous year 10
2000s 5.55 % change on previous year -8.42 % change on previous year 28.33 % change on previous year 10
2010s 0.4504 % change on previous year -10.67 % change on previous year 8.51 % change on previous year 10
2020s 7.24 % change on previous year -0.6957 % change on previous year 23.8 % change on previous year 5

Countries ranked near Belize

  1. 111 Saint Lucia 6.3 % change on previous year compare
  2. 112 Samoa 6.27 % change on previous year compare
  3. 113 Saint Vincent and the Grenadines 6.25 % change on previous year compare
  4. 115 Netherlands 6.01 % change on previous year compare
  5. 116 Indonesia 5.93 % change on previous year compare
  6. 117 Namibia 5.77 % change on previous year compare

See the full ranking of 208 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is industry (including construction), value added (current lcu), annual in Belize?
Industry (including construction), value added (current lcu), annual in Belize was 6.13 % change on previous year in 2024, according to Statizoid (derived).
What is the highest industry (including construction), value added (current lcu), annual recorded in Belize?
The highest recorded value was 127.02 % change on previous year in 1980.
What is the lowest industry (including construction), value added (current lcu), annual recorded in Belize?
The lowest recorded value was -17.12 % change on previous year in 1982.
How does Belize rank for industry (including construction), value added (current lcu), annual?
Belize ranks 114th out of 207 countries with data for 2024.
Is industry (including construction), value added (current lcu), annual rising or falling in Belize?
Over the last ten years it is up 16.6%. 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 Industry (including construction), value added (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Industry (including construction), value added (current LCU), annual in Belize. Statizoid, drawing on Statizoid (derived). Retrieved 23 October 2026, from https://economy.statizoid.com/stat/industry-including-construction-value-added-current-lcu-annual-growth-rate/belize/

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How this figure is calculated

The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Industry (including construction), value added (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 8,776 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.