Manufacturing, value added in Belize
Belize: Manufacturing, value added was 211.25 million current US$ in 2024. ▲ Rising
Manufacturing, value added in Belize, 1978–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, manufacturing, value added in Belize stood at 211.25 million current US$. That is the highest value across all 47 years on record.
That represents a change of 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 211.25 million current US$ in 2024 and was at its lowest, 20.95 million current US$, in 1979.
That places Belize 168th out of 205 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 47 years of available data.
Manufacturing, value added in Belize, year by year
| Year | current US$ | Change |
|---|---|---|
| 1978 | 22.55 million current US$ | — |
| 1979 | 20.95 million current US$ | -7.1% |
| 1980 | 48.20 million current US$ | +130.1% |
| 1981 | 40.95 million current US$ | -15.0% |
| 1982 | 30.70 million current US$ | -25.0% |
| 1983 | 36.05 million current US$ | +17.4% |
| 1984 | 43.20 million current US$ | +19.8% |
| 1985 | 36.20 million current US$ | -16.2% |
| 1986 | 36.20 million current US$ | +0.0% |
| 1987 | 52.60 million current US$ | +45.3% |
| 1988 | 58.20 million current US$ | +10.6% |
| 1989 | 62.65 million current US$ | +7.6% |
| 1990 | 62.80 million current US$ | +0.2% |
| 1991 | 62.35 million current US$ | -0.7% |
| 1992 | 71.44 million current US$ | +14.6% |
| 1993 | 73.99 million current US$ | +3.6% |
| 1994 | 75.87 million current US$ | +2.5% |
| 1995 | 80.53 million current US$ | +6.1% |
| 1996 | 86.03 million current US$ | +6.8% |
| 1997 | 85.86 million current US$ | -0.2% |
| 1998 | 95.81 million current US$ | +11.6% |
| 1999 | 98.94 million current US$ | +3.3% |
| 2000 | 118.20 million current US$ | +19.5% |
| 2001 | 104.47 million current US$ | -11.6% |
| 2002 | 105.12 million current US$ | +0.6% |
| 2003 | 104.07 million current US$ | -1.0% |
| 2004 | 111.12 million current US$ | +6.8% |
| 2005 | 116.53 million current US$ | +4.9% |
| 2006 | 124.17 million current US$ | +6.6% |
| 2007 | 129.94 million current US$ | +4.6% |
| 2008 | 128.95 million current US$ | -0.8% |
| 2009 | 131.19 million current US$ | +1.7% |
| 2010 | 127.68 million current US$ | -2.7% |
| 2011 | 127.62 million current US$ | -0.0% |
| 2012 | 142.80 million current US$ | +11.9% |
| 2013 | 149.97 million current US$ | +5.0% |
| 2014 | 150.88 million current US$ | +0.6% |
| 2015 | 152.69 million current US$ | +1.2% |
| 2016 | 152.66 million current US$ | -0.0% |
| 2017 | 150.59 million current US$ | -1.4% |
| 2018 | 142.07 million current US$ | -5.7% |
| 2019 | 147.98 million current US$ | +4.2% |
| 2020 | 137.30 million current US$ | -7.2% |
| 2021 | 159.46 million current US$ | +16.1% |
| 2022 | 190.44 million current US$ | +19.4% |
| 2023 | 198.12 million current US$ | +4.0% |
| 2024 | 211.25 million current US$ | +6.6% |
Belize compared with similar countries
- Belize's 211.25 million current US$ is below the median for upper middle income countries, which is 4.09 billion current US$, 5% of the median. (59 countries reporting)
- Belize's 211.25 million current US$ is below the median for Latin America & Caribbean, which is 3.69 billion current US$, 6% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Manufacturing, value added in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +130.1% | 20.95 million current US$ | 48.20 million current US$ |
| 1987 | +45.3% | 36.20 million current US$ | 52.60 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.75 million current US$ | 20.95 million current US$ | 22.55 million current US$ | 2 |
| 1980s | 44.49 million current US$ | 30.70 million current US$ | 62.65 million current US$ | 10 |
| 1990s | 79.36 million current US$ | 62.35 million current US$ | 98.94 million current US$ | 10 |
| 2000s | 117.38 million current US$ | 104.07 million current US$ | 131.19 million current US$ | 10 |
| 2010s | 144.49 million current US$ | 127.62 million current US$ | 152.69 million current US$ | 10 |
| 2020s | 179.31 million current US$ | 137.30 million current US$ | 211.25 million current US$ | 5 |
Countries ranked near Belize
- 165 Bhutan 221.48 million current US$ compare
- 166 Djibouti 219.41 million current US$ compare
- 167 Guinea-Bissau 217.39 million current US$ compare
- 169 Solomon Islands 159.84 million current US$ compare
- 170 Cape Verde 158.66 million current US$ compare
- 171 Isle of Man 153.15 million current 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$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added in Belize?
- Manufacturing, value added in Belize was 211.25 million current US$ 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 211.25 million current US$ in 2024.
- What is the lowest manufacturing, value added recorded in Belize?
- The lowest recorded value was 20.95 million current US$ in 1979.
- How does Belize rank for manufacturing, value added?
- Belize ranks 168th 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 US$). 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 indicator is expressed in United States dollars.