Gross fixed capital formation in Belize

Belize: Gross fixed capital formation was 1.35 billion current LCU in 2024. ◆ Volatile

Latest (2024)
1.35 billion current LCU
Change on year
up 8.2%
World rank
172nd
of 180 countries
All-time high
1.35 billion current LCU
in 2024
All-time low
69.13 million current LCU
in 1983
Years of data
45
1980–2024

Gross fixed capital formation in Belize, 1980–2024

0500.0M1.0B1.5B1980200220241980: 85.3M current LCU1981: 92.4M current LCU1982: 78.1M current LCU1983: 69.1M current LCU1984: 82.9M current LCU1985: 70.4M current LCU1986: 76.9M current LCU1987: 114.9M current LCU1988: 156.2M current LCU1989: 192.2M current LCU1990: 241.1M current LCU1991: 288.9M current LCU1992: 320.0M current LCU1993: 375.8M current LCU1994: 282.6M current LCU1995: 318.6M current LCU1996: 308.4M current LCU1997: 308.8M current LCU1998: 306.5M current LCU1999: 426.5M current LCU2000: 564.5M current LCU2001: 518.9M current LCU2002: 498.8M current LCU2003: 443.5M current LCU2004: 441.7M current LCU2005: 487.8M current LCU2006: 533.0M current LCU2007: 600.5M current LCU2008: 766.4M current LCU2009: 558.1M current LCU2010: 485.4M current LCU2011: 521.8M current LCU2012: 519.5M current LCU2013: 596.8M current LCU2014: 704.1M current LCU2015: 717.6M current LCU2016: 807.4M current LCU2017: 698.7M current LCU2018: 758.1M current LCU2019: 798.0M current LCU2020: 702.5M current LCU2021: 968.3M current LCU2022: 1.2B current LCU2023: 1.3B current LCU2024: 1.4B current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

Belize recorded 1.35 billion current LCU for gross fixed capital formation in 2024. That is the highest value across all 45 years on record.

That represents a change of up 8.2% on the previous year and up 92.3% over ten years.

Over the whole period, gross fixed capital formation in Belize peaked at 1.35 billion current LCU in 2024 and was at its lowest, 69.13 million current LCU, in 1983.

Belize ranks 172nd of 180 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 101.85 million current LCU 69.13 million current LCU 192.22 million current LCU 10
1990s 317.73 million current LCU 241.13 million current LCU 426.54 million current LCU 10
2000s 541.33 million current LCU 441.73 million current LCU 766.43 million current LCU 10
2010s 660.74 million current LCU 485.41 million current LCU 807.42 million current LCU 10
2020s 1.09 billion current LCU 702.50 million current LCU 1.35 billion current LCU 5

Countries ranked near Belize

  1. 169 Curacao 1.86 billion current LCU compare
  2. 170 Sao Tome and Principe 1.85 billion current LCU compare
  3. 171 Montenegro 1.82 billion current LCU compare
  4. 173 Samoa 1.03 billion current LCU compare
  5. 174 Bermuda 1.01 billion current LCU compare
  6. 175 East Timor 503.86 million current LCU compare

See the full ranking of 180 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 1.35 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross fixed capital formation recorded in Belize?
The highest recorded value was 1.35 billion current LCU in 2024.
What is the lowest gross fixed capital formation recorded in Belize?
The lowest recorded value was 69.13 million current LCU in 1983.
How does Belize rank for gross fixed capital formation?
Belize ranks 172nd out of 180 countries with data for 2024.
Is gross fixed capital formation rising or falling in Belize?
Over the last ten years it is up 92.3%. 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 Organizations and/or Central Banks, published as part of Gross fixed capital formation (current LCU). Statizoid updates them automatically from the source API.

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CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross fixed capital formation (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
180 places, 8,131 data points, 1960–2025
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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.