Gross Capital Formation (As % of GDP) rose to 22.5% in Belize in 2019

Gross Capital Formation (As % of GDP) (%)
Economy | Belize | January 1, 2020
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Gross capital formation as a share of GDP reached 22.5 % in 2019 in Belize, according to the National Statistical Office. This is 5.94 % more than in the previous year.

Historically, gross capital formation as a share of GDP in Belize reached an all time high of 22.5 % in 2019 and an all time low of 0.132 % in 2010. When compared to Belize's main peers, gross capital formation as a share of GDP in Guatemala amounted to 12.1 %, 23.8 % in Honduras, 22.1 % in Mexico and 21.8 % in USA in 2019.

Belize has been ranked 92nd within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 36 places above the position seen 10 years ago.

Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.

Gross Capital Formation (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Belize % 0.179% 21.2% 22.5% 21.7% 21.3%
Canada % 0.236% 23.8% 24.0% 24.1% 24.1%
China % 0.436% 44.2% 43.7% 43.2% 42.6%
El Salvador % 0.169% 16.1% 16.3% 16.1% 16.1%
Guatemala % 0.121% 12.1% 12.1% 12.1% 12.3%
Honduras % 0.238% 24.1% 23.8% 23.3% 23.1%
Japan % 0.240% 24.5% 24.6% 24.7% 24.7%
Mexico % 0.231% 22.5% 22.1% 22.2% 22.3%
Nicaragua % 0.290% 28.1% 27.1% 27.0% 27.1%
USA % 0.206% 21.1% 21.8% 22.2% 22.2%