Gross value added at basic prices (GVA) in Belize
Belize: Gross value added at basic prices (GVA) was 5.44 billion current LCU in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in Belize, 1978–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross value added at basic prices (gva) in Belize stood at 5.44 billion current LCU. That is the highest value across all 47 years on record.
The figure is up 5.3% on the previous year and up 44.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Belize peaked at 5.44 billion current LCU in 2024 and was at its lowest, 251.90 million current LCU, in 1978.
Belize ranks 187th of 206 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 264.40 million current LCU | 251.90 million current LCU | 276.90 million current LCU | 2 |
| 1980s | 587.65 million current LCU | 460.50 million current LCU | 888.40 million current LCU | 10 |
| 1990s | 1.40 billion current LCU | 982.35 million current LCU | 1.81 billion current LCU | 10 |
| 2000s | 2.58 billion current LCU | 2.06 billion current LCU | 3.09 billion current LCU | 10 |
| 2010s | 3.64 billion current LCU | 3.10 billion current LCU | 4.03 billion current LCU | 10 |
| 2020s | 4.63 billion current LCU | 3.52 billion current LCU | 5.44 billion current LCU | 5 |
Countries ranked near Belize
More economy & growth data for Belize
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 299.82 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 149.91 million current US$ (2025)
- Taxes less subsidies on products 963.64 million current LCU (2024)
- Taxes less subsidies on products 481.82 million current US$ (2024)
- Net primary income (Net income from abroad) -329.10 million current LCU (2025)
- Net primary income (Net income from abroad) -164.55 million current US$ (2025)
- GNI per capita 14,953 current LCU (2025)
- GNI per capita, Atlas method 7,530 current US$ (2025)
- GNI 6.32 billion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Belize?
- Gross value added at basic prices (gva) in Belize was 5.44 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Belize?
- The highest recorded value was 5.44 billion current LCU in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Belize?
- The lowest recorded value was 251.90 million current LCU in 1978.
- How does Belize rank for gross value added at basic prices (gva)?
- Belize ranks 187th out of 206 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Belize?
- Over the last ten years it is up 44.8%. 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 Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.