Manufacturing value added to gdp in Belize
Belize: Manufacturing value added to gdp was 6.59 in 2024. ▼ Falling
Manufacturing value added to gdp in Belize, 1978–2024
Source: Our World in Data.
Analysis
In 2024, manufacturing value added to gdp in Belize stood at 6.59.
The figure is up 1.6% on the previous year and down 6.6% over ten years.
Over the whole period, manufacturing value added to gdp in Belize peaked at 18.73 in 1980 and was at its lowest, 6.21, in 2019.
That places Belize 139th out of 202 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Manufacturing value added to gdp in Belize, year by year
| Year | Value | Change |
|---|---|---|
| 1978 | 16.54 | — |
| 1979 | 13.8 | -16.6% |
| 1980 | 18.73 | +35.7% |
| 1981 | 15.7 | -16.1% |
| 1982 | 12.35 | -21.4% |
| 1983 | 13.75 | +11.3% |
| 1984 | 14.88 | +8.2% |
| 1985 | 12.6 | -15.3% |
| 1986 | 11.62 | -7.8% |
| 1987 | 14.17 | +22.0% |
| 1988 | 13.81 | -2.6% |
| 1989 | 12.76 | -7.6% |
| 1990 | 11.49 | -10.0% |
| 1991 | 10.45 | -9.0% |
| 1992 | 10.27 | -1.7% |
| 1993 | 9.84 | -4.2% |
| 1994 | 9.83 | -0.1% |
| 1995 | 9.84 | +0.1% |
| 1996 | 10.12 | +2.8% |
| 1997 | 9.84 | -2.8% |
| 1998 | 10.31 | +4.8% |
| 1999 | 9.9 | -4.0% |
| 2000 | 10.39 | +4.9% |
| 2001 | 8.91 | -14.2% |
| 2002 | 8.45 | -5.2% |
| 2003 | 7.95 | -5.9% |
| 2004 | 7.94 | -0.2% |
| 2005 | 7.9 | -0.4% |
| 2006 | 7.81 | -1.2% |
| 2007 | 7.62 | -2.5% |
| 2008 | 7.42 | -2.6% |
| 2009 | 7.77 | +4.8% |
| 2010 | 7.3 | -6.1% |
| 2011 | 6.97 | -4.6% |
| 2012 | 7.45 | +6.9% |
| 2013 | 7.37 | -1.1% |
| 2014 | 7.06 | -4.2% |
| 2015 | 6.96 | -1.3% |
| 2016 | 6.82 | -2.1% |
| 2017 | 6.65 | -2.5% |
| 2018 | 6.21 | -6.5% |
| 2019 | 6.21 | -0.0% |
| 2020 | 6.71 | +7.9% |
| 2021 | 6.57 | -2.1% |
| 2022 | 6.69 | +1.9% |
| 2023 | 6.49 | -3.0% |
| 2024 | 6.59 | +1.6% |
Belize compared with similar countries
- Belize's 6.59 is below the median for upper middle income countries, which is 11.5, 57% of the median. (58 countries reporting)
- Belize's 6.59 is below the median for Latin America & Caribbean, which is 9.9, 67% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Manufacturing value added to gdp 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 | +35.7% | 13.8 | 18.73 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.17 | 13.8 | 16.54 | 2 |
| 1980s | 14.04 | 11.62 | 18.73 | 10 |
| 1990s | 10.19 | 9.83 | 11.49 | 10 |
| 2000s | 8.22 | 7.42 | 10.39 | 10 |
| 2010s | 6.9 | 6.21 | 7.45 | 10 |
| 2020s | 6.61 | 6.49 | 6.71 | 5 |
Countries ranked near Belize
More economy & growth data for Belize
- Real gdp growth, annual growth rate 601 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.94 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 120.67 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0711 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0112 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 88.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is manufacturing value added to gdp in Belize?
- Manufacturing value added to gdp in Belize was 6.59 in 2024, according to Our World in Data.
- What is the highest manufacturing value added to gdp recorded in Belize?
- The highest recorded value was 18.73 in 1980.
- What is the lowest manufacturing value added to gdp recorded in Belize?
- The lowest recorded value was 6.21 in 2019.
- How does Belize rank for manufacturing value added to gdp?
- Belize ranks 139th out of 202 countries with data for 2024.
- Is manufacturing value added to gdp rising or falling in Belize?
- Over the last ten years it is down 6.6%. The long-run trend across the full record is falling.
- Where does this Belize data come from?
- The figures come from Our World in Data, published as part of Manufacturing value added to gdp. Statizoid updates them automatically from the source API.
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