Manufacturing, value added in Belize
Belize: Manufacturing, value added was 6.6% in 2024. ▼ Falling
Manufacturing, value added in Belize, 1978–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Belize recorded 6.6% for manufacturing, value added in 2024.
Compared with earlier readings it is up 1.6% on the previous year and down 6.6% over ten years.
Over the whole period, manufacturing, value added in Belize peaked at 18.7% in 1980 and was at its lowest, 6.2%, in 2019.
That places Belize 140th out of 204 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.2% | 13.8% | 16.5% | 2 |
| 1980s | 14.0% | 11.6% | 18.7% | 10 |
| 1990s | 10.2% | 9.8% | 11.5% | 10 |
| 2000s | 8.2% | 7.4% | 10.4% | 10 |
| 2010s | 6.9% | 6.2% | 7.4% | 10 |
| 2020s | 6.6% | 6.5% | 6.7% | 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 manufacturing, value added in Belize?
- Manufacturing, value added in Belize was 6.6% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Belize?
- The highest recorded value was 18.7% in 1980.
- What is the lowest manufacturing, value added recorded in Belize?
- The lowest recorded value was 6.2% in 2019.
- How does Belize rank for manufacturing, value added?
- Belize ranks 140th out of 204 countries with data for 2024.
- Is manufacturing, value added rising or falling in Belize?
- Over the last ten years it is down 6.6%. The long-run trend across the full record is falling.
- Where does this Belize data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 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.