Manufacturing, value added in Belize
Belize: Manufacturing, value added was 422.49 million current LCU in 2024. ▲ Rising
Manufacturing, value added in Belize, 1978–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, manufacturing, value added in Belize stood at 422.49 million current LCU. That is the highest value across all 47 years on record.
The figure is up 6.6% on the previous year and up 40.0% over ten years.
Over the whole period, manufacturing, value added in Belize peaked at 422.49 million current LCU in 2024 and was at its lowest, 41.90 million current LCU, in 1979.
Belize ranks 177th of 205 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 47 years of available data.
Manufacturing, value added in Belize, year by year
| Year | current LCU | Change |
|---|---|---|
| 1978 | 45.10 million current LCU | — |
| 1979 | 41.90 million current LCU | -7.1% |
| 1980 | 96.40 million current LCU | +130.1% |
| 1981 | 81.90 million current LCU | -15.0% |
| 1982 | 61.40 million current LCU | -25.0% |
| 1983 | 72.10 million current LCU | +17.4% |
| 1984 | 86.40 million current LCU | +19.8% |
| 1985 | 72.40 million current LCU | -16.2% |
| 1986 | 72.40 million current LCU | +0.0% |
| 1987 | 105.20 million current LCU | +45.3% |
| 1988 | 116.40 million current LCU | +10.6% |
| 1989 | 125.30 million current LCU | +7.6% |
| 1990 | 125.59 million current LCU | +0.2% |
| 1991 | 124.70 million current LCU | -0.7% |
| 1992 | 142.87 million current LCU | +14.6% |
| 1993 | 147.99 million current LCU | +3.6% |
| 1994 | 151.75 million current LCU | +2.5% |
| 1995 | 161.07 million current LCU | +6.1% |
| 1996 | 172.06 million current LCU | +6.8% |
| 1997 | 171.73 million current LCU | -0.2% |
| 1998 | 191.62 million current LCU | +11.6% |
| 1999 | 197.88 million current LCU | +3.3% |
| 2000 | 236.40 million current LCU | +19.5% |
| 2001 | 208.94 million current LCU | -11.6% |
| 2002 | 210.25 million current LCU | +0.6% |
| 2003 | 208.14 million current LCU | -1.0% |
| 2004 | 222.24 million current LCU | +6.8% |
| 2005 | 233.05 million current LCU | +4.9% |
| 2006 | 248.33 million current LCU | +6.6% |
| 2007 | 259.88 million current LCU | +4.6% |
| 2008 | 257.90 million current LCU | -0.8% |
| 2009 | 262.39 million current LCU | +1.7% |
| 2010 | 255.37 million current LCU | -2.7% |
| 2011 | 255.25 million current LCU | -0.0% |
| 2012 | 285.59 million current LCU | +11.9% |
| 2013 | 299.94 million current LCU | +5.0% |
| 2014 | 301.77 million current LCU | +0.6% |
| 2015 | 305.38 million current LCU | +1.2% |
| 2016 | 305.32 million current LCU | -0.0% |
| 2017 | 301.17 million current LCU | -1.4% |
| 2018 | 284.13 million current LCU | -5.7% |
| 2019 | 295.95 million current LCU | +4.2% |
| 2020 | 274.61 million current LCU | -7.2% |
| 2021 | 318.92 million current LCU | +16.1% |
| 2022 | 380.89 million current LCU | +19.4% |
| 2023 | 396.23 million current LCU | +4.0% |
| 2024 | 422.49 million current LCU | +6.6% |
Belize compared with similar countries
- Belize's 422.49 million current LCU is below the median for upper middle income countries, which is 124.95 billion current LCU, 0% of the median. (59 countries reporting)
- Belize's 422.49 million current LCU is below the median for Latin America & Caribbean, which is 29.06 billion current LCU, 1% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Manufacturing, 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 | +130.1% | 41.90 million current LCU | 96.40 million current LCU |
| 1987 | +45.3% | 72.40 million current LCU | 105.20 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 43.50 million current LCU | 41.90 million current LCU | 45.10 million current LCU | 2 |
| 1980s | 88.99 million current LCU | 61.40 million current LCU | 125.30 million current LCU | 10 |
| 1990s | 158.73 million current LCU | 124.70 million current LCU | 197.88 million current LCU | 10 |
| 2000s | 234.75 million current LCU | 208.14 million current LCU | 262.39 million current LCU | 10 |
| 2010s | 288.99 million current LCU | 255.25 million current LCU | 305.38 million current LCU | 10 |
| 2020s | 358.63 million current LCU | 274.61 million current LCU | 422.49 million current LCU | 5 |
Countries ranked near Belize
- 174 Barbados 752.09 million current LCU compare
- 175 Greenland 624.10 million current LCU compare
- 176 San Marino 595.59 million current LCU compare
- 178 Saint Lucia 256.50 million current LCU compare
- 179 Montenegro 254.68 million current LCU compare
- 180 Curacao 186.12 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 manufacturing, value added in Belize?
- Manufacturing, value added in Belize was 422.49 million current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Belize?
- The highest recorded value was 422.49 million current LCU in 2024.
- What is the lowest manufacturing, value added recorded in Belize?
- The lowest recorded value was 41.90 million current LCU in 1979.
- How does Belize rank for manufacturing, value added?
- Belize ranks 177th out of 205 countries with data for 2024.
- Is manufacturing, value added rising or falling in Belize?
- Over the last ten years it is up 40.0%. 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 Manufacturing, 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
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.