Value Added (Total Manufacturing) — Value US$ in Belize

Belize: Value Added (Total Manufacturing) — Value US$ was 180.03 million USD in 2023. ◆ Volatile

Latest (2023)
180.03 million USD
Change on year
down 4.6%
World rank
192nd
of 236 countries
All-time high
188.69 million USD
in 2022
All-time low
2.2 million USD
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value US$ in Belize, 1970–2023

050100150200197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2023, value added (total manufacturing) — value us$ in Belize stood at 180.03 million USD.

Compared with earlier readings it is down 4.6% on the previous year and up 20.0% over ten years.

Over the whole period, value added (total manufacturing) — value us$ in Belize peaked at 188.69 million USD in 2022 and was at its lowest, 2.2 million USD, in 1970.

Belize ranks 192nd of 236 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 US$ in Belize, year by year

Annual values for Value Added (Total Manufacturing) — Value US$ in Belize, 1970 to 2023.
Year million USD Change
1970 2.2 million USD —
1971 2.8 million USD +27.6%
1972 3.75 million USD +33.6%
1973 5.64 million USD +50.5%
1974 8.07 million USD +43.1%
1975 10.19 million USD +26.2%
1976 10.35 million USD +1.5%
1977 13.82 million USD +33.5%
1978 16.12 million USD +16.7%
1979 16.12 million USD +0.0%
1980 18.42 million USD +14.3%
1981 18.42 million USD +0.0%
1982 18.42 million USD +0.0%
1983 23.03 million USD +25.0%
1984 25.33 million USD +10.0%
1985 29.93 million USD +18.2%
1986 29.93 million USD +0.0%
1987 45.69 million USD +52.7%
1988 53.1 million USD +16.2%
1989 60.06 million USD +13.1%
1990 63.3 million USD +5.4%
1991 62.93 million USD -0.6%
1992 71.63 million USD +13.8%
1993 74.03 million USD +3.3%
1994 77.24 million USD +4.3%
1995 82.32 million USD +6.6%
1996 87.44 million USD +6.2%
1997 85.31 million USD -2.4%
1998 87.68 million USD +2.8%
1999 90.07 million USD +2.7%
2000 107.64 million USD +19.5%
2001 105.65 million USD -1.9%
2002 106.69 million USD +1.0%
2003 105.56 million USD -1.1%
2004 111.86 million USD +6.0%
2005 115.42 million USD +3.2%
2006 123.08 million USD +6.6%
2007 128.82 million USD +4.7%
2008 127.76 million USD -0.8%
2009 129.99 million USD +1.7%
2010 127.84 million USD -1.7%
2011 127.72 million USD -0.1%
2012 142.86 million USD +11.9%
2013 150 million USD +5.0%
2014 150.88 million USD +0.6%
2015 160.14 million USD +6.1%
2016 160.12 million USD -0.0%
2017 158.08 million USD -1.3%
2018 149.45 million USD -5.5%
2019 155 million USD +3.7%
2020 144.5 million USD -6.8%
2021 165.49 million USD +14.5%
2022 188.69 million USD +14.0%
2023 180.03 million USD -4.6%

Belize compared with similar countries

  • Belize's 180.03 million USD is below the median for upper middle income countries, which is 4,472 million USD, 4% of the median. (54 countries reporting)
  • Belize's 180.03 million USD is below the median for Latin America & Caribbean, which is 3,043 million USD, 6% of the median. (38 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.9 million USD 2.2 million USD 16.12 million USD 10
1980s 32.23 million USD 18.42 million USD 60.06 million USD 10
1990s 78.19 million USD 62.93 million USD 90.07 million USD 10
2000s 116.25 million USD 105.56 million USD 129.99 million USD 10
2010s 148.21 million USD 127.72 million USD 160.14 million USD 10
2020s 169.68 million USD 144.5 million USD 188.69 million USD 4

Countries ranked near Belize

  1. 189 Somalia 239.16 million USD compare
  2. 190 Montenegro 239.16 million USD compare
  3. 191 Netherlands Antilles (former) 236.17 million USD compare
  4. 193 South Sudan 161.97 million USD compare
  5. 194 Solomon Islands 150.05 million USD compare
  6. 195 Djibouti 148.24 million USD compare

See the full ranking of 266 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is value added (total manufacturing) — value us$ in Belize?
Value added (total manufacturing) — value us$ in Belize was 180.03 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — value us$ recorded in Belize?
The highest recorded value was 188.69 million USD in 2022.
What is the lowest value added (total manufacturing) — value us$ recorded in Belize?
The lowest recorded value was 2.2 million USD in 1970.
How does Belize rank for value added (total manufacturing) — value us$?
Belize ranks 192nd out of 236 countries with data for 2023.
Is value added (total manufacturing) — value us$ rising or falling in Belize?
Over the last ten years it is up 20.0%. The long-run trend across the full record is volatile.
Where does this Belize data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value US$ in Belize. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us/belize/

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About this data

Indicator
Value Added (Total Manufacturing) — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
266 places, 13,170 data points, 1970–2023
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).