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Gross fixed capital formation in Belize

Belize: Gross fixed capital formation was 21.1% in 2024. ▬ Flat

Latest (2024)
21.1%
Change on year
up 3.1%
World rank
108th
of 180 countries
All-time high
25.0%
in 1993
All-time low
12.2%
in 1985
Years of data
45
1980–2024

Gross fixed capital formation in Belize, 1980–2024

05101520251980200220241980: 16.6 % of GDP1981: 17.7 % of GDP1982: 15.7 % of GDP1983: 13.2 % of GDP1984: 14.3 % of GDP1985: 12.2 % of GDP1986: 12.3 % of GDP1987: 15.5 % of GDP1988: 18.5 % of GDP1989: 19.6 % of GDP1990: 22.1 % of GDP1991: 24.2 % of GDP1992: 23 % of GDP1993: 25 % of GDP1994: 18.3 % of GDP1995: 19.5 % of GDP1996: 18.1 % of GDP1997: 17.7 % of GDP1998: 16.5 % of GDP1999: 21.3 % of GDP2000: 24.8 % of GDP2001: 22.1 % of GDP2002: 20 % of GDP2003: 17 % of GDP2004: 15.8 % of GDP2005: 16.5 % of GDP2006: 16.8 % of GDP2007: 17.6 % of GDP2008: 22 % of GDP2009: 16.5 % of GDP2010: 13.9 % of GDP2011: 14.2 % of GDP2012: 13.5 % of GDP2013: 14.7 % of GDP2014: 16.5 % of GDP2015: 16.4 % of GDP2016: 18 % of GDP2017: 15.4 % of GDP2018: 16.6 % of GDP2019: 16.8 % of GDP2020: 17.2 % of GDP2021: 19.9 % of GDP2022: 20.5 % of GDP2023: 20.5 % of GDP2024: 21.1 % of GDP

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.

Analysis

Belize recorded 21.1% for gross fixed capital formation in 2024.

Compared with earlier readings it is up 3.1% on the previous year and up 28.4% over ten years.

Over the whole period, gross fixed capital formation in Belize peaked at 25.0% in 1993 and was at its lowest, 12.2%, in 1985.

That places Belize 108th out of 180 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1980s 15.6% 12.2% 19.6% 10
1990s 20.6% 16.5% 25.0% 10
2000s 18.9% 15.8% 24.8% 10
2010s 15.6% 13.5% 18.0% 10
2020s 19.8% 17.2% 21.1% 5

Countries ranked near Belize

  1. 105 Armenia 21.4% compare
  2. 106 United States 21.3% compare
  3. 107 Malaysia 21.3% compare
  4. 109 Slovenia 21.1% compare
  5. 110 Madagascar 21.0% compare
  6. 111 Togo 21.0% compare

See the full ranking of 223 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 21.1% 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 25.0% in 1993.
What is the lowest gross fixed capital formation recorded in Belize?
The lowest recorded value was 12.2% in 1985.
How does Belize rank for gross fixed capital formation?
Belize ranks 108th 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 28.4%. The long-run trend across the full record is flat.
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 (% of GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
223 places, 10,319 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.