Services, value added in Belize
Belize: Services, value added was 3.42 billion constant LCU in 2025. ▲ Rising
Services, value added in Belize, 1980–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for services, value added in Belize is 3.42 billion constant LCU, measured in 2025. That is the highest value across all 46 years on record.
That represents a change of 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 3.42 billion constant LCU in 2025 and was at its lowest, 618.20 million constant LCU, in 1980.
Belize ranks 177th of 199 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 LCU | Change |
|---|---|---|
| 1980 | 618.20 million constant LCU | — |
| 1981 | 628.40 million constant LCU | +1.6% |
| 1982 | 641.10 million constant LCU | +2.0% |
| 1983 | 654.40 million constant LCU | +2.1% |
| 1984 | 676.90 million constant LCU | +3.4% |
| 1985 | 684.80 million constant LCU | +1.2% |
| 1986 | 713.10 million constant LCU | +4.1% |
| 1987 | 771.50 million constant LCU | +8.2% |
| 1988 | 829.80 million constant LCU | +7.6% |
| 1989 | 930.40 million constant LCU | +12.1% |
| 1990 | 1.01 billion constant LCU | +8.0% |
| 1991 | 1.07 billion constant LCU | +6.8% |
| 1992 | 1.21 billion constant LCU | +12.4% |
| 1993 | 1.27 billion constant LCU | +5.2% |
| 1994 | 1.30 billion constant LCU | +2.7% |
| 1995 | 1.31 billion constant LCU | +0.8% |
| 1996 | 1.33 billion constant LCU | +1.2% |
| 1997 | 1.38 billion constant LCU | +4.0% |
| 1998 | 1.48 billion constant LCU | +6.7% |
| 1999 | 1.60 billion constant LCU | +8.4% |
| 2000 | 1.74 billion constant LCU | +8.7% |
| 2001 | 1.82 billion constant LCU | +4.6% |
| 2002 | 1.92 billion constant LCU | +5.2% |
| 2003 | 2.03 billion constant LCU | +5.9% |
| 2004 | 2.09 billion constant LCU | +3.2% |
| 2005 | 2.18 billion constant LCU | +4.1% |
| 2006 | 2.21 billion constant LCU | +1.1% |
| 2007 | 2.30 billion constant LCU | +4.4% |
| 2008 | 2.28 billion constant LCU | -0.8% |
| 2009 | 2.26 billion constant LCU | -0.9% |
| 2010 | 2.32 billion constant LCU | +2.8% |
| 2011 | 2.34 billion constant LCU | +0.6% |
| 2012 | 2.46 billion constant LCU | +5.4% |
| 2013 | 2.58 billion constant LCU | +4.9% |
| 2014 | 2.65 billion constant LCU | +2.4% |
| 2015 | 2.75 billion constant LCU | +3.8% |
| 2016 | 2.73 billion constant LCU | -0.6% |
| 2017 | 2.71 billion constant LCU | -0.9% |
| 2018 | 2.74 billion constant LCU | +1.2% |
| 2019 | 2.88 billion constant LCU | +5.1% |
| 2020 | 2.40 billion constant LCU | -16.5% |
| 2021 | 2.80 billion constant LCU | +16.7% |
| 2022 | 3.10 billion constant LCU | +10.5% |
| 2023 | 3.18 billion constant LCU | +2.6% |
| 2024 | 3.32 billion constant LCU | +4.6% |
| 2025 | 3.42 billion constant LCU | +2.9% |
Belize compared with similar countries
- Belize's 3.42 billion constant LCU is below the median for upper middle income countries, which is 353.44 billion constant LCU, 1% of the median. (58 countries reporting)
- Belize's 3.42 billion constant LCU is below the median for Latin America & Caribbean, which is 71.16 billion constant LCU, 5% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 714.86 million constant LCU | 618.20 million constant LCU | 930.40 million constant LCU | 10 |
| 1990s | 1.30 billion constant LCU | 1.01 billion constant LCU | 1.60 billion constant LCU | 10 |
| 2000s | 2.08 billion constant LCU | 1.74 billion constant LCU | 2.30 billion constant LCU | 10 |
| 2010s | 2.62 billion constant LCU | 2.32 billion constant LCU | 2.88 billion constant LCU | 10 |
| 2020s | 3.04 billion constant LCU | 2.40 billion constant LCU | 3.42 billion constant LCU | 6 |
Countries ranked near Belize
- 174 Isle of Man 4.41 billion constant LCU compare
- 175 Aruba 4.33 billion constant LCU compare
- 176 Tajikistan 4.09 billion constant LCU compare
- 178 Antigua and Barbuda 3.30 billion constant LCU compare
- 179 Kosovo 3.17 billion constant LCU compare
- 179 Kosovo (UNSCR 1244) 3.17 billion constant LCU 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 3.42 billion constant LCU 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 3.42 billion constant LCU in 2025.
- What is the lowest services, value added recorded in Belize?
- The lowest recorded value was 618.20 million constant LCU in 1980.
- How does Belize rank for services, value added?
- Belize ranks 177th out of 199 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 LCU). Statizoid updates them automatically from the source API.
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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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.