Services, value added in Belize
Belize: Services, value added was 1.70 billion constant 2015 US$ in 2025. ▲ Rising
Services, value added in Belize, 1980–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added in Belize is 1.70 billion constant 2015 US$, measured in 2025. That is the highest value across all 46 years on record.
The figure is up 2.9% on the previous year and up 24.5% over ten years.
Over the whole period, services, value added in Belize peaked at 1.70 billion constant 2015 US$ in 2025 and was at its lowest, 306.61 million constant 2015 US$, in 1980.
Belize ranks 171st of 196 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 46 years of available data.
Services, value added in Belize, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1980 | 306.61 million constant 2015 US$ | — |
| 1981 | 311.67 million constant 2015 US$ | +1.7% |
| 1982 | 317.96 million constant 2015 US$ | +2.0% |
| 1983 | 324.56 million constant 2015 US$ | +2.1% |
| 1984 | 335.72 million constant 2015 US$ | +3.4% |
| 1985 | 339.64 million constant 2015 US$ | +1.2% |
| 1986 | 353.67 million constant 2015 US$ | +4.1% |
| 1987 | 382.64 million constant 2015 US$ | +8.2% |
| 1988 | 411.55 million constant 2015 US$ | +7.6% |
| 1989 | 461.45 million constant 2015 US$ | +12.1% |
| 1990 | 498.46 million constant 2015 US$ | +8.0% |
| 1991 | 532.48 million constant 2015 US$ | +6.8% |
| 1992 | 598.30 million constant 2015 US$ | +12.4% |
| 1993 | 629.60 million constant 2015 US$ | +5.2% |
| 1994 | 646.53 million constant 2015 US$ | +2.7% |
| 1995 | 651.88 million constant 2015 US$ | +0.8% |
| 1996 | 659.48 million constant 2015 US$ | +1.2% |
| 1997 | 686.11 million constant 2015 US$ | +4.0% |
| 1998 | 732.35 million constant 2015 US$ | +6.7% |
| 1999 | 793.79 million constant 2015 US$ | +8.4% |
| 2000 | 863.20 million constant 2015 US$ | +8.7% |
| 2001 | 903.22 million constant 2015 US$ | +4.6% |
| 2002 | 950.15 million constant 2015 US$ | +5.2% |
| 2003 | 1.01 billion constant 2015 US$ | +5.9% |
| 2004 | 1.04 billion constant 2015 US$ | +3.2% |
| 2005 | 1.08 billion constant 2015 US$ | +4.1% |
| 2006 | 1.09 billion constant 2015 US$ | +1.1% |
| 2007 | 1.14 billion constant 2015 US$ | +4.4% |
| 2008 | 1.13 billion constant 2015 US$ | -0.8% |
| 2009 | 1.12 billion constant 2015 US$ | -0.9% |
| 2010 | 1.15 billion constant 2015 US$ | +2.8% |
| 2011 | 1.16 billion constant 2015 US$ | +0.6% |
| 2012 | 1.22 billion constant 2015 US$ | +5.4% |
| 2013 | 1.28 billion constant 2015 US$ | +4.9% |
| 2014 | 1.31 billion constant 2015 US$ | +2.4% |
| 2015 | 1.36 billion constant 2015 US$ | +3.8% |
| 2016 | 1.35 billion constant 2015 US$ | -0.6% |
| 2017 | 1.34 billion constant 2015 US$ | -0.9% |
| 2018 | 1.36 billion constant 2015 US$ | +1.2% |
| 2019 | 1.43 billion constant 2015 US$ | +5.1% |
| 2020 | 1.19 billion constant 2015 US$ | -16.5% |
| 2021 | 1.39 billion constant 2015 US$ | +16.7% |
| 2022 | 1.54 billion constant 2015 US$ | +10.5% |
| 2023 | 1.58 billion constant 2015 US$ | +2.6% |
| 2024 | 1.65 billion constant 2015 US$ | +4.6% |
| 2025 | 1.70 billion constant 2015 US$ | +2.9% |
Belize compared with similar countries
- Belize's 1.70 billion constant 2015 US$ is below the median for upper middle income countries, which is 26.58 billion constant 2015 US$, 6% of the median. (58 countries reporting)
- Belize's 1.70 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 12.34 billion constant 2015 US$, 14% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 354.55 million constant 2015 US$ | 306.61 million constant 2015 US$ | 461.45 million constant 2015 US$ | 10 |
| 1990s | 642.90 million constant 2015 US$ | 498.46 million constant 2015 US$ | 793.79 million constant 2015 US$ | 10 |
| 2000s | 1.03 billion constant 2015 US$ | 863.20 million constant 2015 US$ | 1.14 billion constant 2015 US$ | 10 |
| 2010s | 1.30 billion constant 2015 US$ | 1.15 billion constant 2015 US$ | 1.43 billion constant 2015 US$ | 10 |
| 2020s | 1.51 billion constant 2015 US$ | 1.19 billion constant 2015 US$ | 1.70 billion constant 2015 US$ | 6 |
Countries ranked near Belize
- 168 Bhutan 1.90 billion constant 2015 US$ compare
- 169 Greenland 1.75 billion constant 2015 US$ compare
- 170 Cape Verde 1.70 billion constant 2015 US$ compare
- 172 Saint Lucia 1.56 billion constant 2015 US$ compare
- 173 Seychelles 1.43 billion constant 2015 US$ compare
- 174 Liberia 1.43 billion constant 2015 US$ compare
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$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Belize?
- Services, value added in Belize was 1.70 billion constant 2015 US$ 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 1.70 billion constant 2015 US$ in 2025.
- What is the lowest services, value added recorded in Belize?
- The lowest recorded value was 306.61 million constant 2015 US$ in 1980.
- How does Belize rank for services, value added?
- Belize ranks 171st out of 196 countries with data for 2025.
- Is services, value added rising or falling in Belize?
- Over the last ten years it is up 24.5%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 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 defense, 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.