Belize — GDP growth
GDP Growth (Annual %) for Belize, 1961–2025.
GDP growth for Belize was 2.75% in 2025, according to the latest World Bank data. The series covers 65 years, from 1961 to 2025. The highest recorded value was 17.99% in 2021. The lowest was -13.52% in 2020 (about -4.9× the latest value). Across that span the compound annual growth rate works out to -0.90% per year.
Belize ranks 124 of 212 economies on this measure (1 = highest), putting it in the top 58%. The median for Latin America & Caribbean is 3.38%, so Belize sits below it. It peaked in 2021 and has fallen 85% since. Over the last decade (2015–2025) the figure moved down 0%. Within Latin America & Caribbean it ranks 22 of 40 economies; Barbados (2.70%) is just below it. Its sharpest one-year move was up 19196% in 1977. That is 14% above this series' own ten-year average.
Data highlights
From its 1961 level: doubled by 1972.
World ranking. Slipped: 54th of 107 in 1961 → 72nd of 119 in 1970 → 12th of 152 in 1980 → 12th of 176 in 1990 → 8th of 199 in 2000 → 163rd of 209 in 2010 → 187th of 209 in 2020 → 113th of 186 in 2025.
Key figures
Full history — 1961 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 2.75% | -0.8 pp |
| 2024 | 3.5% | +3.0 pp |
| 2023 | 0.5% | -8.8 pp |
| 2022 | 9.25% | -8.7 pp |
| 2021 | 17.99% | +31.5 pp |
| 2020 | -13.52% | -17.8 pp |
| 2019 | 4.26% | +3.4 pp |
| 2018 | 0.82% | +2.7 pp |
| 2017 | -1.83% | -1.8 pp |
| 2016 | -0.02% | -2.8 pp |
| 2015 | 2.76% | -1.1 pp |
| 2014 | 3.89% | -0.2 pp |
| 2013 | 4.07% | +0.1 pp |
| 2012 | 3.94% | +4.1 pp |
| 2011 | -0.13% | -1.5 pp |
| 2010 | 1.42% | +1.9 pp |
| 2009 | -0.45% | +1.2 pp |
| 2008 | -1.63% | -5.0 pp |
| 2007 | 3.34% | -1.2 pp |
| 2006 | 4.51% | +2.3 pp |
| 2005 | 2.22% | -2.6 pp |
| 2004 | 4.78% | -4.9 pp |
| 2003 | 9.67% | +4.3 pp |
| 2002 | 5.4% | +0.4 pp |
| 2001 | 4.99% | -7.2 pp |
| 2000 | 12.24% | +2.8 pp |
| 1999 | 9.42% | +5.5 pp |
| 1998 | 3.89% | -0.3 pp |
| 1997 | 4.23% | +3.1 pp |
| 1996 | 1.11% | +0.4 pp |
| 1995 | 0.73% | +0.8 pp |
| 1994 | -0.02% | -6.2 pp |
| 1993 | 6.14% | -6.6 pp |
| 1992 | 12.74% | +1.0 pp |
| 1991 | 11.78% | +0.4 pp |
| 1990 | 11.34% | -1.7 pp |
| 1989 | 13.01% | +3.2 pp |
| 1988 | 9.79% | -0.9 pp |
| 1987 | 10.73% | +6.2 pp |
| 1986 | 4.55% | +3.5 pp |
| 1985 | 1.01% | -1.0 pp |
| 1984 | 1.98% | +4.1 pp |
| 1983 | -2.15% | -2.0 pp |
| 1982 | -0.11% | -1.2 pp |
| 1981 | 1.13% | -11.0 pp |
| 1980 | 12.11% | +4.6 pp |
| 1979 | 7.52% | -0.4 pp |
| 1978 | 7.92% | +1.4 pp |
| 1977 | 6.5% | +6.5 pp |
| 1976 | -0.03% | -3.6 pp |
| 1975 | 3.59% | -10.0 pp |
| 1974 | 13.56% | +8.2 pp |
| 1973 | 5.35% | -4.9 pp |
| 1972 | 10.22% | +6.3 pp |
| 1971 | 3.96% | -0.8 pp |
| 1970 | 4.81% | -0.3 pp |
| 1969 | 5.11% | -2.3 pp |
| 1968 | 7.37% | +2.5 pp |
| 1967 | 4.91% | +0.1 pp |
| 1966 | 4.77% | -0.2 pp |
| 1965 | 4.93% | -0.1 pp |
| 1964 | 5% | +0.0 pp |
| 1963 | 4.96% | +0.1 pp |
| 1962 | 4.89% | +0.0 pp |
| 1961 | 4.89% | — |
Frequently asked questions
What was Belize’s GDP growth in 1962?
4.89% (1962). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Belize’s GDP growth growing or shrinking?
Between 1961 and 2025 the series was shrinking overall: -43.8% in total — about 0.9% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 2.75%; 2024: 3.5%; 2023: 0.5%; 2022: 9.25%; 2021: 17.99%. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.