Value Added (Total Manufacturing) — Value Standard Local Currency in Belize

Belize: Value Added (Total Manufacturing) — Value Standard Local Currency was -4.59 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-4.59 % change on previous year
Change on year
down 132.8%
World rank
204th
of 231 countries
All-time high
53.44 % change on previous year
in 1973
All-time low
-6.77 % change on previous year
in 2020
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Belize, 1971–2023

0204060197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for value added (total manufacturing) — value standard local currency in Belize is -4.59 % change on previous year, measured in 2023.

The figure is down 132.8% on the previous year and down 191.8% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Belize peaked at 53.44 % change on previous year in 1973 and was at its lowest, -6.77 % change on previous year, in 2020.

Belize ranks 204th of 231 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value Standard Local Currency in Belize, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate in Belize, 1971 to 2023.
Year % change on previous year Change
1971 25.87 % change on previous year —
1972 30.2 % change on previous year +16.7%
1973 53.44 % change on previous year +77.0%
1974 50 % change on previous year -6.4%
1975 33.33 % change on previous year -33.3%
1976 25 % change on previous year -25.0%
1977 20 % change on previous year -20.0%
1978 16.67 % change on previous year -16.7%
1979 0 % change on previous year -100.0%
1980 14.29 % change on previous year —
1981 0 % change on previous year -100.0%
1982 0 % change on previous year —
1983 25 % change on previous year —
1984 10 % change on previous year -60.0%
1985 18.18 % change on previous year +81.8%
1986 0 % change on previous year -100.0%
1987 52.66 % change on previous year —
1988 16.2 % change on previous year -69.2%
1989 13.11 % change on previous year -19.1%
1990 5.39 % change on previous year -58.9%
1991 -0.5774 % change on previous year -110.7%
1992 13.82 % change on previous year -2494.0%
1993 3.35 % change on previous year -75.8%
1994 4.33 % change on previous year +29.3%
1995 6.59 % change on previous year +52.1%
1996 6.22 % change on previous year -5.6%
1997 -2.44 % change on previous year -139.3%
1998 2.78 % change on previous year -213.9%
1999 2.73 % change on previous year -1.9%
2000 19.51 % change on previous year +615.5%
2001 -1.85 % change on previous year -109.5%
2002 0.9829 % change on previous year -153.1%
2003 -1.06 % change on previous year -207.9%
2004 5.97 % change on previous year -662.7%
2005 3.18 % change on previous year -46.6%
2006 6.64 % change on previous year +108.5%
2007 4.66 % change on previous year -29.8%
2008 -0.8217 % change on previous year -117.6%
2009 1.75 % change on previous year -312.5%
2010 -1.65 % change on previous year -194.7%
2011 -0.0986 % change on previous year -94.0%
2012 11.86 % change on previous year -12129.0%
2013 5 % change on previous year -57.8%
2014 0.5853 % change on previous year -88.3%
2015 6.13 % change on previous year +947.7%
2016 -0.0097 % change on previous year -100.2%
2017 -1.28 % change on previous year +13081.9%
2018 -5.46 % change on previous year +327.6%
2019 3.71 % change on previous year -168.0%
2020 -6.77 % change on previous year -282.6%
2021 14.53 % change on previous year -314.4%
2022 14.02 % change on previous year -3.5%
2023 -4.59 % change on previous year -132.8%

Belize compared with similar countries

  • Belize's -4.59 % change on previous year is below the median for upper middle income countries, which is 5.07 % change on previous year. (54 countries reporting)
  • Belize's -4.59 % change on previous year is below the median for Latin America & Caribbean, which is 5.11 % change on previous year. (38 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2017 -13081.9% -0.0097 % change on previous year -1.28 % change on previous year
2012 +12129.0% -0.0986 % change on previous year 11.86 % change on previous year
1992 +2494.0% -0.5774 % change on previous year 13.82 % change on previous year
2015 +947.7% 0.5853 % change on previous year 6.13 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 28.28 % change on previous year 0 % change on previous year 53.44 % change on previous year 9
1980s 14.94 % change on previous year 0 % change on previous year 52.66 % change on previous year 10
1990s 4.22 % change on previous year -2.44 % change on previous year 13.82 % change on previous year 10
2000s 3.9 % change on previous year -1.85 % change on previous year 19.51 % change on previous year 10
2010s 1.88 % change on previous year -5.46 % change on previous year 11.86 % change on previous year 10
2020s 4.3 % change on previous year -6.77 % change on previous year 14.53 % change on previous year 4

Countries ranked near Belize

  1. 201 Montenegro -4.44 % change on previous year compare
  2. 202 Algeria -4.46 % change on previous year compare
  3. 203 Tonga -4.51 % change on previous year compare
  4. 205 Eritrea -4.6 % change on previous year compare
  5. 206 Monaco -4.6 % change on previous year compare
  6. 207 Congo -4.91 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Belize?
Value added (total manufacturing) — value standard local currency in Belize was -4.59 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in Belize?
The highest recorded value was 53.44 % change on previous year in 1973.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Belize?
The lowest recorded value was -6.77 % change on previous year in 2020.
How does Belize rank for value added (total manufacturing) — value standard local currency?
Belize ranks 204th out of 231 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Belize?
Over the last ten years it is down 191.8%. The long-run trend across the full record is volatile.
Where does this Belize data come from?
The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Belize. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/belize/

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<a href="https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/belize/">Value Added (Total Manufacturing) — Value Standard Local Currency in Belize</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,099 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.