Gross fixed capital formation in Belize

Belize: Gross fixed capital formation was 5.9% in 2024. ◆ Volatile

Latest (2024)
5.9%
Change on year
down 12.6%
World rank
70th
of 166 countries
All-time high
46.6%
in 1987
All-time low
-25.8%
in 2009
Years of data
44
1981–2024

Gross fixed capital formation in Belize, 1981–2024

-20020401981200220241981: 2.4 annual % growth1982: -19.1 annual % growth1983: -15.1 annual % growth1984: 18.8 annual % growth1985: -14.6 annual % growth1986: 10.1 annual % growth1987: 46.6 annual % growth1988: 32.7 annual % growth1989: 17.3 annual % growth1990: 3.8 annual % growth1991: 23.3 annual % growth1992: 5.1 annual % growth1993: 14.1 annual % growth1994: -23.5 annual % growth1995: 9.5 annual % growth1996: -3.8 annual % growth1997: -0.569 annual % growth1998: -1.7 annual % growth1999: 36.9 annual % growth2000: 30.9 annual % growth2001: -6.2 annual % growth2002: -5.4 annual % growth2003: -14 annual % growth2004: -5.4 annual % growth2005: 7.9 annual % growth2006: 1.8 annual % growth2007: 9.4 annual % growth2008: 22.7 annual % growth2009: -25.8 annual % growth2010: -16.1 annual % growth2011: 2.1 annual % growth2012: -1.1 annual % growth2013: 12.6 annual % growth2014: 17.2 annual % growth2015: 4.7 annual % growth2016: 13.5 annual % growth2017: -14 annual % growth2018: 5.8 annual % growth2019: 5.5 annual % growth2020: -10.6 annual % growth2021: 26.1 annual % growth2022: 12.5 annual % growth2023: 6.7 annual % growth2024: 5.9 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

Belize recorded 5.9% for gross fixed capital formation in 2024.

Compared with earlier readings it is down 12.6% on the previous year and down 65.8% over ten years.

Over the whole period, gross fixed capital formation in Belize peaked at 46.6% in 1987 and was at its lowest, -25.8%, in 2009.

That places Belize 70th out of 166 countries with data for 2024, 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

DecadeAverage LowestHighest Years
1980s 8.8% -19.1% 46.6% 9
1990s 6.3% -23.5% 36.9% 10
2000s 1.6% -25.8% 30.9% 10
2010s 3.0% -16.1% 17.2% 10
2020s 8.1% -10.6% 26.1% 5

Countries ranked near Belize

  1. 67 Bahrain 6.5% compare
  2. 68 Singapore 6.1% compare
  3. 69 Croatia 6.1% compare
  4. 71 Senegal 5.8% compare
  5. 72 Spain 5.8% compare
  6. 73 Bhutan 5.7% compare

See the full ranking of 199 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is gross fixed capital formation in Belize?
Gross fixed capital formation in Belize was 5.9% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross fixed capital formation recorded in Belize?
The highest recorded value was 46.6% in 1987.
What is the lowest gross fixed capital formation recorded in Belize?
The lowest recorded value was -25.8% in 2009.
How does Belize rank for gross fixed capital formation?
Belize ranks 70th out of 166 countries with data for 2024.
Is gross fixed capital formation rising or falling in Belize?
Over the last ten years it is down 65.8%. 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 Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 8,106 data points, 1961–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.