Industry (including construction), value added in Belize
Belize: Industry (including construction), value added was 933.63 million current LCU in 2024. ◆ Volatile
Industry (including construction), value added in Belize, 1978–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for industry (including construction), value added in Belize is 933.63 million current LCU, measured in 2024. That is the highest value across all 47 years on record.
The figure is up 6.1% on the previous year and up 37.8% over ten years.
Over the whole period, industry (including construction), value added in Belize peaked at 933.63 million current LCU in 2024 and was at its lowest, 60.70 million current LCU, in 1979.
Belize ranks 182nd of 208 countries on this measure, 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 | 61.40 million current LCU | 60.70 million current LCU | 62.10 million current LCU | 2 |
| 1980s | 148.07 million current LCU | 103.10 million current LCU | 237.50 million current LCU | 10 |
| 1990s | 340.16 million current LCU | 256.68 million current LCU | 403.45 million current LCU | 10 |
| 2000s | 560.36 million current LCU | 453.80 million current LCU | 703.86 million current LCU | 10 |
| 2010s | 652.95 million current LCU | 617.57 million current LCU | 691.76 million current LCU | 10 |
| 2020s | 836.41 million current LCU | 664.45 million current LCU | 933.63 million current LCU | 5 |
Countries ranked near Belize
- 179 Monaco 1.32 billion current LCU compare
- 180 Liberia 1.29 billion current LCU compare
- 181 Antigua and Barbuda 1.15 billion current LCU compare
- 183 Montenegro 919.47 million current LCU compare
- 185 Curacao 776.82 million current LCU 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 industry (including construction), value added in Belize?
- Industry (including construction), value added in Belize was 933.63 million current LCU in 2024, 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 933.63 million current LCU in 2024.
- What is the lowest industry (including construction), value added recorded in Belize?
- The lowest recorded value was 60.70 million current LCU in 1979.
- How does Belize rank for industry (including construction), value added?
- Belize ranks 182nd out of 208 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Belize?
- Over the last ten years it is up 37.8%. 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 Industry (including construction), value added (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.