Belize - Gross value added at factor cost

Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in Belize was $1,463,162,000 as of 2020. Over the past 42 years, the value for this indicator has fluctuated between $1,648,605,000 in 2019 and $125,950,000 in 1978.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.

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

See also:

Year Value
1978 $125,950,000
1979 $138,450,000
1980 $175,985,100
1981 $178,523,500
1982 $167,404,700
1983 $177,755,100
1984 $196,534,100
1985 $194,298,500
1986 $210,540,200
1987 $252,846,700
1988 $280,877,800
1989 $324,188,900
1990 $358,153,900
1991 $385,770,200
1992 $452,637,700
1993 $487,977,900
1994 $502,603,700
1995 $538,659,800
1996 $552,981,100
1997 $562,031,700
1998 $587,950,300
1999 $638,919,400
2000 $727,784,800
2001 $749,904,100
2002 $793,369,500
2003 $847,387,500
2004 $906,899,300
2005 $951,971,500
2006 $1,043,397,000
2007 $1,092,208,000
2008 $1,170,123,000
2009 $1,152,215,000
2010 $1,194,615,000
2011 $1,269,875,000
2012 $1,319,139,000
2013 $1,356,804,000
2014 $1,427,772,000
2015 $1,444,075,000
2016 $1,488,994,000
2017 $1,549,672,000
2018 $1,594,607,000
2019 $1,648,605,000
2020 $1,463,162,000

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Belize was 2,926,324,000 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of 3,297,211,000 in 2019 and a minimum value of 251,900,000 in 1978.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

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

Year Value
1978 251,900,000
1979 276,900,000
1980 351,970,300
1981 357,047,000
1982 334,809,300
1983 355,510,100
1984 393,068,300
1985 388,597,000
1986 421,080,400
1987 505,693,300
1988 561,755,600
1989 648,377,900
1990 716,307,700
1991 771,540,400
1992 905,275,400
1993 975,955,700
1994 1,005,207,000
1995 1,077,320,000
1996 1,105,962,000
1997 1,124,063,000
1998 1,175,901,000
1999 1,277,839,000
2000 1,455,570,000
2001 1,499,808,000
2002 1,586,739,000
2003 1,694,775,000
2004 1,813,799,000
2005 1,903,943,000
2006 2,086,794,000
2007 2,184,417,000
2008 2,340,246,000
2009 2,304,430,000
2010 2,389,230,000
2011 2,539,749,000
2012 2,638,278,000
2013 2,713,608,000
2014 2,855,544,000
2015 2,888,151,000
2016 2,977,987,000
2017 3,099,344,000
2018 3,189,213,000
2019 3,297,211,000
2020 2,926,324,000

Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Belize was 1,374,502,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 1,592,865,000 in 2019 and 65,724,860 in 1970.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1970 65,724,860
1971 69,842,880
1972 75,347,110
1973 80,555,900
1974 88,572,570
1975 92,834,060
1976 87,925,100
1977 109,147,100
1978 116,194,300
1979 118,342,700
1980 355,820,800
1981 363,220,800
1982 359,814,200
1983 356,160,600
1984 363,600,800
1985 366,167,000
1986 376,980,600
1987 414,190,200
1988 441,657,200
1989 495,302,600
1990 542,493,200
1991 577,888,400
1992 647,667,100
1993 689,848,800
1994 694,417,700
1995 697,407,900
1996 708,622,100
1997 733,337,500
1998 757,057,000
1999 822,821,100
2000 936,908,900
2001 966,819,500
2002 1,005,502,000
2003 1,100,568,000
2004 1,159,480,000
2005 1,193,698,000
2006 1,246,639,000
2007 1,235,715,000
2008 1,286,103,000
2009 1,325,894,000
2010 1,351,358,000
2011 1,356,712,000
2012 1,378,969,000
2013 1,380,510,000
2014 1,420,757,000
2015 1,444,075,000
2016 1,472,040,000
2017 1,530,070,000
2018 1,576,867,000
2019 1,592,865,000
2020 1,374,502,000

Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Belize was 2,135,409,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 2,474,655,000 in 2019 and a minimum value of 102,109,300 in 1970.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.

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

Year Value
1970 102,109,300
1971 108,507,000
1972 117,058,300
1973 125,150,600
1974 137,605,200
1975 144,225,800
1976 136,599,300
1977 169,569,500
1978 180,518,000
1979 183,855,700
1980 552,798,600
1981 564,295,100
1982 559,002,700
1983 553,326,500
1984 564,885,600
1985 568,872,400
1986 585,672,300
1987 643,480,600
1988 686,153,000
1989 769,495,700
1990 842,810,400
1991 897,800,000
1992 1,006,207,000
1993 1,071,740,000
1994 1,078,838,000
1995 1,083,484,000
1996 1,100,906,000
1997 1,139,304,000
1998 1,176,154,000
1999 1,278,324,000
2000 1,455,570,000
2001 1,502,038,000
2002 1,562,135,000
2003 1,709,828,000
2004 1,801,353,000
2005 1,854,514,000
2006 1,936,762,000
2007 1,919,790,000
2008 1,998,074,000
2009 2,059,891,000
2010 2,099,453,000
2011 2,107,770,000
2012 2,142,349,000
2013 2,144,743,000
2014 2,207,269,000
2015 2,243,497,000
2016 2,286,943,000
2017 2,377,097,000
2018 2,449,800,000
2019 2,474,655,000
2020 2,135,409,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts