Belize: Economic growth, quarterly

* indicates monthly or quarterly data series
 Belize

Economic growth, percent change in quarterly real GDP

 Latest value 10
 Reference Q1 2024
 Measure percent
 Data availability Q1 1991 - Q1 2024
 Average 4.09
 Min - Max -24.9 - 34
 Source The Statistical Institute of Belize
The latest data from Q1 2024 show economic growth of 10 percent, which is an increase from the rate of growth of 5 percent in the previous quarter and an increase compared to the growth rate of 6.3 percent in the same quarter last year. The economic growth time series for Belize cover the period from Q1 1991 to Q1 2024. During that time span, the average growth rate for Belize was 4.09 percent. The lowest rate of growth of -24.9 percent was recorded in Q2 2020 while the highest growth rate was 34 percent in Q2 2021. See more information about that indicator and compare to other countries on our Economic growth page.
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* indicates monthly or quarterly data series


Recent values chart
Belize - Economic growth, quarterly  - recent values

Historical chart
Belize - Economic growth, quarterly  - historical chart - 1991-2024
Measure: percent
Source: The Statistical Institute of Belize


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Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.

 Related indicators Latest value Reference Measure
 Economic growth 8.73 2022 percent
 GDP, constant dollars 2.5 2022 billion U.S. dollars
 GDP, current U.S. dollars 2.83 2022 billion U.S. dollars
 GDP per capita, current dollars 6,984.22 2022 U.S. dollars
 GDP per capita, PPP 9,474 2022 U.S. dollars
 GDP per capita, constant dollars 6,191.66 2022 U.S. dollars
 Economic growth, quarterly 3.10 Q3/2023 percent
 Economic growth Q-on-Q 1.49 Q3/2023 percent
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