Annual GDP growth in Belize
Belize: Annual GDP growth was 3.5% in 2024. ◆ Volatile
Annual GDP growth in Belize, 1980–2024
Source: International Monetary Fund (2026) – with minor processing by Our World in Data. Measured in %.
Analysis
In 2024, annual gdp growth in Belize stood at 3.5%.
Compared with earlier readings it is up 601.0% on the previous year and down 9.9% over ten years.
Over the whole period, annual gdp growth in Belize peaked at 22.0% in 1987 and was at its lowest, -13.5%, in 2020.
That places Belize 95th out of 196 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.9% | -7.6% | 22.0% | 10 |
| 1990s | 6.1% | -0.0% | 12.7% | 10 |
| 2000s | 4.5% | -1.6% | 12.2% | 10 |
| 2010s | 1.9% | -1.8% | 4.3% | 10 |
| 2020s | 3.5% | -13.5% | 18.0% | 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)
- Share of manufacturing in gross domestic product (GDP) 6.6% (2024)
- 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)
Frequently asked questions
- What is annual gdp growth in Belize?
- Annual gdp growth in Belize was 3.5% in 2024, according to International Monetary Fund (2026) – with minor processing by Our World in Data.
- What is the highest annual gdp growth recorded in Belize?
- The highest recorded value was 22.0% in 1987.
- What is the lowest annual gdp growth recorded in Belize?
- The lowest recorded value was -13.5% in 2020.
- How does Belize rank for annual gdp growth?
- Belize ranks 95th out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Belize?
- Over the last ten years it is down 9.9%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from International Monetary Fund (2026) – with minor processing by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual percent change in gross domestic product. This data is adjusted for inflation.