Services, value added in Belize
Belize: Services, value added was 2.9% in 2025. ◆ Volatile
Services, value added in Belize, 1981–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Belize recorded 2.9% for services, value added in 2025.
Compared with earlier readings it is down 36.1% on the previous year and down 23.5% over ten years.
Over the whole period, services, value added in Belize peaked at 16.7% in 2021 and was at its lowest, -16.5%, in 2020.
That places Belize 119th out of 195 countries with data for 2025, 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 | 4.7% | 1.2% | 12.1% | 9 |
| 1990s | 5.6% | 0.8% | 12.4% | 10 |
| 2000s | 3.6% | -0.9% | 8.7% | 10 |
| 2010s | 2.5% | -0.9% | 5.4% | 10 |
| 2020s | 3.5% | -16.5% | 16.7% | 6 |
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 services, value added in Belize?
- Services, value added in Belize was 2.9% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Belize?
- The highest recorded value was 16.7% in 2021.
- What is the lowest services, value added recorded in Belize?
- The lowest recorded value was -16.5% in 2020.
- How does Belize rank for services, value added?
- Belize ranks 119th out of 195 countries with data for 2025.
- Is services, value added rising or falling in Belize?
- Over the last ten years it is down 23.5%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.