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 183rd of 209 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Belize, year by year
| Year | current LCU | Change |
|---|---|---|
| 1978 | 62.10 million current LCU | — |
| 1979 | 60.70 million current LCU | -2.3% |
| 1980 | 137.80 million current LCU | +127.0% |
| 1981 | 124.40 million current LCU | -9.7% |
| 1982 | 103.10 million current LCU | -17.1% |
| 1983 | 108.00 million current LCU | +4.8% |
| 1984 | 133.40 million current LCU | +23.5% |
| 1985 | 123.50 million current LCU | -7.4% |
| 1986 | 130.70 million current LCU | +5.8% |
| 1987 | 177.40 million current LCU | +35.7% |
| 1988 | 204.90 million current LCU | +15.5% |
| 1989 | 237.50 million current LCU | +15.9% |
| 1990 | 256.68 million current LCU | +8.1% |
| 1991 | 280.87 million current LCU | +9.4% |
| 1992 | 320.79 million current LCU | +14.2% |
| 1993 | 355.03 million current LCU | +10.7% |
| 1994 | 328.83 million current LCU | -7.4% |
| 1995 | 348.98 million current LCU | +6.1% |
| 1996 | 365.63 million current LCU | +4.8% |
| 1997 | 358.56 million current LCU | -1.9% |
| 1998 | 382.75 million current LCU | +6.7% |
| 1999 | 403.45 million current LCU | +5.4% |
| 2000 | 517.74 million current LCU | +28.3% |
| 2001 | 490.18 million current LCU | -5.3% |
| 2002 | 495.51 million current LCU | +1.1% |
| 2003 | 453.80 million current LCU | -8.4% |
| 2004 | 490.90 million current LCU | +8.2% |
| 2005 | 504.41 million current LCU | +2.8% |
| 2006 | 605.03 million current LCU | +19.9% |
| 2007 | 687.75 million current LCU | +13.7% |
| 2008 | 703.86 million current LCU | +2.3% |
| 2009 | 654.45 million current LCU | -7.0% |
| 2010 | 637.13 million current LCU | -2.6% |
| 2011 | 691.34 million current LCU | +8.5% |
| 2012 | 617.57 million current LCU | -10.7% |
| 2013 | 643.46 million current LCU | +4.2% |
| 2014 | 677.31 million current LCU | +5.3% |
| 2015 | 638.35 million current LCU | -5.8% |
| 2016 | 691.76 million current LCU | +8.4% |
| 2017 | 638.61 million current LCU | -7.7% |
| 2018 | 624.84 million current LCU | -2.2% |
| 2019 | 669.10 million current LCU | +7.1% |
| 2020 | 664.45 million current LCU | -0.7% |
| 2021 | 822.61 million current LCU | +23.8% |
| 2022 | 881.70 million current LCU | +7.2% |
| 2023 | 879.66 million current LCU | -0.2% |
| 2024 | 933.63 million current LCU | +6.1% |
Belize compared with similar countries
- Belize's 933.63 million current LCU is below the median for upper middle income countries, which is 251.52 billion current LCU, 0% of the median. (59 countries reporting)
- Belize's 933.63 million current LCU is below the median for Latin America & Caribbean, which is 59.94 billion current LCU, 2% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction), value added 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.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +127.0% | 60.70 million current LCU | 137.80 million current LCU |
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
- 180 Monaco 1.32 billion current LCU compare
- 181 Liberia 1.29 billion current LCU compare
- 182 Antigua and Barbuda 1.15 billion current LCU compare
- 184 Montenegro 919.47 million current LCU compare
- 185 Channel Islands 827.20 million current LCU compare
- 186 Curacao 776.82 million current LCU 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 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 183rd out of 209 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.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.