Belize - GDP

GDP (current US$)

The latest value for GDP (current US$) in Belize was $1,636,281,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $1,982,519,000 in 2019 and $28,071,890 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $28,071,890
1961 $29,964,370
1962 $31,856,920
1963 $33,749,400
1964 $36,193,830
1965 $40,069,930
1966 $44,405,600
1967 $47,379,310
1968 $44,910,180
1969 $47,305,390
1970 $53,233,530
1971 $59,207,320
1972 $66,062,500
1973 $78,343,560
1974 $103,216,400
1975 $118,066,300
1976 $96,905,830
1977 $117,650,000
1978 $136,300,000
1979 $151,800,000
1980 $197,938,200
1981 $196,089,900
1982 $182,206,300
1983 $192,103,200
1984 $214,382,000
1985 $212,643,700
1986 $231,638,300
1987 $281,082,600
1988 $320,093,400
1989 $369,133,900
1990 $412,086,400
1991 $444,720,700
1992 $518,559,700
1993 $560,205,300
1994 $581,269,600
1995 $620,422,500
1996 $641,660,000
1997 $654,582,900
1998 $689,140,000
1999 $732,732,400
2000 $832,072,400
2001 $868,358,700
2002 $925,198,000
2003 $983,575,600
2004 $1,051,387,000
2005 $1,102,565,000
2006 $1,210,604,000
2007 $1,271,598,000
2008 $1,351,339,000
2009 $1,317,309,000
2010 $1,377,177,000
2011 $1,460,798,000
2012 $1,522,898,000
2013 $1,579,411,000
2014 $1,667,335,000
2015 $1,721,701,000
2016 $1,789,304,000
2017 $1,858,530,000
2018 $1,915,900,000
2019 $1,982,519,000
2020 $1,636,281,000

GDP (current LCU)

The value for GDP (current LCU) in Belize was 3,272,562,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 3,965,037,000 in 2019 and a minimum value of 40,103,500 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 40,103,500
1961 42,807,100
1962 45,510,800
1963 48,214,400
1964 51,706,500
1965 57,300,000
1966 63,500,000
1967 68,700,000
1968 75,000,000
1969 79,000,000
1970 88,900,000
1971 97,100,000
1972 105,700,000
1973 127,700,000
1974 176,500,000
1975 213,700,000
1976 216,100,000
1977 235,300,000
1978 272,600,000
1979 303,600,000
1980 395,876,400
1981 392,179,700
1982 364,412,600
1983 384,206,400
1984 428,763,900
1985 425,287,500
1986 463,276,600
1987 562,165,100
1988 640,186,800
1989 738,267,800
1990 824,172,900
1991 889,441,500
1992 1,037,119,000
1993 1,120,411,000
1994 1,162,539,000
1995 1,240,845,000
1996 1,283,320,000
1997 1,309,166,000
1998 1,378,280,000
1999 1,465,465,000
2000 1,664,145,000
2001 1,736,717,000
2002 1,850,396,000
2003 1,967,151,000
2004 2,102,773,000
2005 2,205,130,000
2006 2,421,208,000
2007 2,543,196,000
2008 2,702,677,000
2009 2,634,619,000
2010 2,754,354,000
2011 2,921,596,000
2012 3,045,795,000
2013 3,158,822,000
2014 3,334,670,000
2015 3,443,402,000
2016 3,578,608,000
2017 3,717,059,000
2018 3,831,800,000
2019 3,965,037,000
2020 3,272,562,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Belize was 3,272,562,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 3,965,037,000 in 2019 and 824,172,900 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 824,172,900
1991 889,441,500
1992 1,037,119,000
1993 1,120,411,000
1994 1,162,539,000
1995 1,240,845,000
1996 1,283,320,000
1997 1,309,166,000
1998 1,378,280,000
1999 1,465,465,000
2000 1,664,145,000
2001 1,736,717,000
2002 1,850,396,000
2003 1,967,151,000
2004 2,102,773,000
2005 2,205,130,000
2006 2,421,208,000
2007 2,543,196,000
2008 2,702,677,000
2009 2,634,619,000
2010 2,754,354,000
2011 2,921,596,000
2012 3,045,795,000
2013 3,158,822,000
2014 3,334,670,000
2015 3,443,402,000
2016 3,578,608,000
2017 3,717,059,000
2018 3,831,800,000
2019 3,965,037,000
2020 3,272,562,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Belize was 1,577,956,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 1,835,057,000 in 2019 and 110,027,500 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 110,027,500
1961 115,410,400
1962 121,057,000
1963 127,057,100
1964 133,409,800
1965 139,987,600
1966 146,666,200
1967 153,872,100
1968 165,208,200
1969 173,644,400
1970 181,992,700
1971 189,198,500
1972 208,531,400
1973 219,691,800
1974 249,482,000
1975 258,445,400
1976 258,357,500
1977 275,142,000
1978 296,935,400
1979 319,256,100
1980 362,153,500
1981 366,259,500
1982 365,865,000
1983 358,023,900
1984 365,084,400
1985 368,780,900
1986 385,521,500
1987 426,908,400
1988 468,693,000
1989 529,666,300
1990 590,278,100
1991 657,947,800
1992 737,285,200
1993 783,555,600
1994 784,797,000
1995 789,854,900
1996 801,142,800
1997 829,540,500
1998 860,569,600
1999 936,117,800
2000 1,057,996,000
2001 1,107,528,000
2002 1,159,941,000
2003 1,268,205,000
2004 1,328,951,000
2005 1,354,745,000
2006 1,420,118,000
2007 1,427,375,000
2008 1,477,187,000
2009 1,480,400,000
2010 1,524,864,000
2011 1,554,115,000
2012 1,591,752,000
2013 1,612,350,000
2014 1,677,452,000
2015 1,721,701,000
2016 1,721,129,000
2017 1,752,345,000
2018 1,803,269,000
2019 1,835,057,000
2020 1,577,956,000

GDP (constant LCU)

The value for GDP (constant LCU) in Belize was 2,482,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,886,400,000 in 2019 and a minimum value of 173,064,600 in 1960.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 173,064,600
1961 181,531,400
1962 190,413,100
1963 199,850,800
1964 209,843,100
1965 220,189,500
1966 230,694,400
1967 242,028,700
1968 259,859,500
1969 273,128,900
1970 286,260,100
1971 297,594,400
1972 328,003,500
1973 345,557,900
1974 392,415,500
1975 406,514,300
1976 406,376,000
1977 432,776,600
1978 467,056,000
1979 502,164,700
1980 569,639,000
1981 576,097,300
1982 575,476,900
1983 563,143,400
1984 574,248,900
1985 580,063,200
1986 606,395,000
1987 671,493,300
1988 737,217,200
1989 833,123,300
1990 928,460,900
1991 1,034,900,000
1992 1,159,692,000
1993 1,232,471,000
1994 1,234,424,000
1995 1,242,380,000
1996 1,260,135,000
1997 1,304,802,000
1998 1,353,608,000
1999 1,472,440,000
2000 1,664,145,000
2001 1,742,054,000
2002 1,824,495,000
2003 1,994,787,000
2004 2,090,336,000
2005 2,130,907,000
2006 2,233,733,000
2007 2,245,148,000
2008 2,323,500,000
2009 2,328,552,000
2010 2,398,491,000
2011 2,444,500,000
2012 2,503,700,000
2013 2,536,100,000
2014 2,638,500,000
2015 2,708,100,000
2016 2,707,200,000
2017 2,756,300,000
2018 2,836,400,000
2019 2,886,400,000
2020 2,482,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Belize was 2,567,692,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 2,950,494,000 in 2019 and 625,100,900 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 625,100,900
1991 720,325,600
1992 825,579,800
1993 898,188,500
1994 918,822,000
1995 944,134,700
1996 975,161,200
1997 1,027,783,000
1998 1,078,228,000
1999 1,189,818,000
2000 1,374,788,000
2001 1,470,718,000
2002 1,564,682,000
2003 1,742,493,000
2004 1,875,116,000
2005 1,971,053,000
2006 2,128,692,000
2007 2,197,045,000
2008 2,317,945,000
2009 2,340,694,000
2010 2,439,092,000
2011 2,537,807,000
2012 2,458,226,000
2013 2,498,498,000
2014 2,540,732,000
2015 2,611,556,000
2016 2,666,078,000
2017 2,703,188,000
2018 2,848,534,000
2019 2,950,494,000
2020 2,567,692,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Belize was 2,434,173,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 2,830,781,000 in 2019 and 910,570,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 910,570,000
1991 1,014,958,000
1992 1,137,345,000
1993 1,208,722,000
1994 1,210,637,000
1995 1,218,440,000
1996 1,235,853,000
1997 1,279,659,000
1998 1,327,525,000
1999 1,444,067,000
2000 1,632,078,000
2001 1,708,486,000
2002 1,789,338,000
2003 1,956,348,000
2004 2,050,056,000
2005 2,089,846,000
2006 2,190,691,000
2007 2,201,886,000
2008 2,278,727,000
2009 2,283,683,000
2010 2,352,274,000
2011 2,397,396,000
2012 2,455,455,000
2013 2,487,231,000
2014 2,587,658,000
2015 2,655,917,000
2016 2,655,034,000
2017 2,703,188,000
2018 2,781,744,000
2019 2,830,781,000
2020 2,434,173,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts