Industry (including construction), value added in Belize
Belize: Industry (including construction), value added was 466.81 million current US$ in 2024. ◆ Volatile
Industry (including construction), value added in Belize, 1978–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, industry (including construction), value added in Belize stood at 466.81 million current US$. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 6.1% on the previous year and up 37.8% over ten years.
Over the whole period, industry (including construction), value added in Belize peaked at 466.81 million current US$ in 2024 and was at its lowest, 30.35 million current US$, in 1979.
Belize ranks 178th of 208 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.70 million current US$ | 30.35 million current US$ | 31.05 million current US$ | 2 |
| 1980s | 74.03 million current US$ | 51.55 million current US$ | 118.75 million current US$ | 10 |
| 1990s | 170.08 million current US$ | 128.34 million current US$ | 201.72 million current US$ | 10 |
| 2000s | 280.18 million current US$ | 226.90 million current US$ | 351.93 million current US$ | 10 |
| 2010s | 326.47 million current US$ | 308.78 million current US$ | 345.88 million current US$ | 10 |
| 2020s | 418.20 million current US$ | 332.22 million current US$ | 466.81 million current US$ | 5 |
Countries ranked near Belize
- 175 Cayman Islands 593.36 million current US$ compare
- 176 Andorra 575.51 million current US$ compare
- 177 Isle of Man 565.39 million current US$ compare
- 179 Bermuda 450.16 million current US$ compare
- 180 Curacao 433.98 million current US$ compare
- 181 Antigua and Barbuda 424.89 million current US$ compare
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 industry (including construction), value added in Belize?
- Industry (including construction), value added in Belize was 466.81 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Belize?
- The highest recorded value was 466.81 million current US$ in 2024.
- What is the lowest industry (including construction), value added recorded in Belize?
- The lowest recorded value was 30.35 million current US$ in 1979.
- How does Belize rank for industry (including construction), value added?
- Belize ranks 178th out of 208 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Belize?
- Over the last ten years it is up 37.8%. 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 Industry (including construction), value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.