Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Belize

Gross capital formation (% of GDP) in Belize in 2024 — 19.8%. Ranked 119 in the world out of 169. Since 1980, the indicator has risen by 1.9 pp.

2024 19.8% +0.9 pp vs 2023
World rank 119of 169
Period maximum 26.2%2000
Period minimum 11.9%2011

Trend over time

1980–2024 · % of GDP

Gross capital formation (% of GDP) — Belize, 1980–2024101520253019801985199019952000200520102015202020241980: 17.9%1981: 18.9%1982: 14.1%1983: 14.3%1984: 17.2%1985: 16%1986: 15%1987: 15.9%1988: 18.3%1989: 22.2%1990: 22.1%1991: 24.2%1992: 23%1993: 25%1994: 18.3%1995: 19.5%1996: 18.2%1997: 17.8%1998: 16.6%1999: 21.3%2000: 26.2%2001: 22%2002: 20.6%2003: 17.7%2004: 16.7%2005: 17.8%2006: 17.2%2007: 17.3%2008: 21%2009: 16.2%2010: 15.5%2011: 11.9%2012: 13.1%2013: 14.1%2014: 17.1%2015: 16.7%2016: 18%2017: 15.1%2018: 16.5%2019: 16.8%2020: 18.4%2021: 21.7%2022: 20.2%2023: 18.9%2024: 19.8%
Change over the period: +1.9 pp Annual average: 0.04 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Belize

Belize 19.8%
World 26.3%
Central America computed 23.5%
Gross capital formation (% of GDP) — Belize, by year Belize All countries CSV XLSX
Year % Change, pp
2024 19.8 +0.9 pp
2023 18.9 −1.3 pp
2022 20.2 −1.5 pp
2021 21.7 +3.2 pp
2020 18.4 +1.6 pp
2019 16.8 +0.3 pp
2018 16.5 +1.5 pp
2017 15.1 −2.9 pp
2016 18 +1.2 pp
2015 16.7 −0.4 pp
2014 17.1 +3 pp
2013 14.1 +1.1 pp
2012 13.1 +1.2 pp
2011 11.9 −3.6 pp
2010 15.5 −0.8 pp
2009 16.2 −4.8 pp
2008 21 +3.7 pp
2007 17.3 +0 pp
2006 17.2 −0.5 pp
2005 17.8 +1.1 pp
2004 16.7 −1 pp
2003 17.7 −2.9 pp
2002 20.6 −1.3 pp
2001 22 −4.2 pp
2000 26.2 +4.9 pp
1999 21.3 +4.7 pp
1998 16.6 −1.2 pp
1997 17.8 −0.4 pp
1996 18.2 −1.3 pp
1995 19.5 +1.2 pp
1994 18.3 −6.7 pp
1993 25 +2 pp
1992 23 −1.2 pp
1991 24.2 +2.2 pp
1990 22.1 −0.2 pp
1989 22.2 +4 pp
1988 18.3 +2.4 pp
1987 15.9 +0.9 pp
1986 15 −1.1 pp
1985 16 −1.1 pp
1984 17.2 +2.8 pp
1983 14.3 +0.2 pp
1982 14.1 −4.7 pp
1981 18.9 +1 pp
1980 17.9

Central America, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.