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.
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
- External balance on goods and services as a percent of GDP 1.5% (2024)
- Inflation of consumer prices 1.1% (2025)
- GDP per capita 6,374 constant 2015 US$ (2025)
- Gross domestic product (GDP) 2.70 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,374 constant 2015 US$ (2025)
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 299.82 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 149.91 million current US$ (2025)
- Taxes less subsidies on products 963.64 million current LCU (2024)
- Taxes less subsidies on products 481.82 million current US$ (2024)
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.
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About this data
Manufacturing comprises units engaged in the physical, or chemical transformation of materials, substances, or components into new products.