Share of manufacturing in gross domestic product (GDP) in Belize
Belize: Share of manufacturing in gross domestic product (GDP) was 6.6% in 2024. ▼ Falling
Share of manufacturing in gross domestic product (GDP) in Belize, 1978–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2024, share of manufacturing in gross domestic product (gdp) in Belize stood at 6.6%.
The figure is up 1.6% on the previous year and down 6.6% over ten years.
Over the whole period, share of manufacturing in gross domestic product (gdp) in Belize peaked at 18.7% in 1980 and was at its lowest, 6.2%, 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.
Share of manufacturing in gross domestic product (GDP) in Belize, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1978 | 16.5% | — |
| 1979 | 13.8% | -16.6% |
| 1980 | 18.7% | +35.7% |
| 1981 | 15.7% | -16.1% |
| 1982 | 12.4% | -21.4% |
| 1983 | 13.8% | +11.3% |
| 1984 | 14.9% | +8.2% |
| 1985 | 12.6% | -15.3% |
| 1986 | 11.6% | -7.8% |
| 1987 | 14.2% | +22.0% |
| 1988 | 13.8% | -2.6% |
| 1989 | 12.8% | -7.6% |
| 1990 | 11.5% | -10.0% |
| 1991 | 10.4% | -9.0% |
| 1992 | 10.3% | -1.7% |
| 1993 | 9.8% | -4.2% |
| 1994 | 9.8% | -0.1% |
| 1995 | 9.8% | +0.1% |
| 1996 | 10.1% | +2.8% |
| 1997 | 9.8% | -2.8% |
| 1998 | 10.3% | +4.8% |
| 1999 | 9.9% | -4.0% |
| 2000 | 10.4% | +4.9% |
| 2001 | 8.9% | -14.2% |
| 2002 | 8.5% | -5.2% |
| 2003 | 8.0% | -5.9% |
| 2004 | 7.9% | -0.2% |
| 2005 | 7.9% | -0.4% |
| 2006 | 7.8% | -1.2% |
| 2007 | 7.6% | -2.5% |
| 2008 | 7.4% | -2.6% |
| 2009 | 7.8% | +4.8% |
| 2010 | 7.3% | -6.1% |
| 2011 | 7.0% | -4.6% |
| 2012 | 7.4% | +6.9% |
| 2013 | 7.4% | -1.1% |
| 2014 | 7.1% | -4.2% |
| 2015 | 7.0% | -1.3% |
| 2016 | 6.8% | -2.1% |
| 2017 | 6.6% | -2.5% |
| 2018 | 6.2% | -6.5% |
| 2019 | 6.2% | -0.0% |
| 2020 | 6.7% | +7.9% |
| 2021 | 6.6% | -2.1% |
| 2022 | 6.7% | +1.9% |
| 2023 | 6.5% | -3.0% |
| 2024 | 6.6% | +1.6% |
Belize compared with similar countries
- Belize's 6.6% is below the median for upper middle income countries, which is 11.5%, 57% of the median. (58 countries reporting)
- Belize's 6.6% 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 Share of manufacturing in gross domestic product (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% | 18.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.2% | 13.8% | 16.5% | 2 |
| 1980s | 14.0% | 11.6% | 18.7% | 10 |
| 1990s | 10.2% | 9.8% | 11.5% | 10 |
| 2000s | 8.2% | 7.4% | 10.4% | 10 |
| 2010s | 6.9% | 6.2% | 7.4% | 10 |
| 2020s | 6.6% | 6.5% | 6.7% | 5 |
Countries ranked near Belize
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 share of manufacturing in gross domestic product (gdp) in Belize?
- Share of manufacturing in gross domestic product (gdp) in Belize was 6.6% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest share of manufacturing in gross domestic product (gdp) recorded in Belize?
- The highest recorded value was 18.7% in 1980.
- What is the lowest share of manufacturing in gross domestic product (gdp) recorded in Belize?
- The lowest recorded value was 6.2% in 2019.
- How does Belize rank for share of manufacturing in gross domestic product (gdp)?
- Belize ranks 139th out of 202 countries with data for 2024.
- Is share of manufacturing in gross domestic product (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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Share of manufacturing in gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Manufacturing comprises units engaged in the physical, or chemical transformation of materials, substances, or components into new products.