Belize GDP from Industry
Industry (including construction) value added as a share of GDP.
GDP from Industry in Belize increased to 14.57 percent of GDP in 2024 from 14.41 percent of GDP in 2023.
Belize GDP from Industry — History
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Belize GDP from Industry — analysis in simple words
Latest reading
GDP from Industry in Belize increased to 14.57 percent of GDP in 2024 from 14.41 percent of GDP in 2023.
Over the last three years it rose once and fell twice.
Recent trend
A year earlier (2023) it was 14.4%, so the latest figure is 0.2 percentage points higher.
Over the past five years the average was 15.5%, with a range from 14.4% to 16.9%. The latest value is below that five-year average.
Historical context
This data series starts in 1978 and has 47 annual observations. The latest reading is higher than 11% of all of them.
The highest value on record is 26.8% (1980) and the lowest is 13.7% (2018). The long-run average is 19.6%.
Compared with other countries
Among 202 economies with recent data, Belize ranks 163rd from the top. The median across all these economies is 23.6%, so Belize is below the typical country.
Within Latin America & Caribbean (38 economies with data) it ranks 29th; the regional median is 21.8%.
Statistics
- Latest
- 14.6%2024
- Previous
- 14.4%
- 5-year average
- 15.5%
- Long-run average
- 19.6%since 1978
- All-time high
- 26.8%1980
- All-time low
- 13.7%2018
- Observations
- 47Annual
Recent Data
| Period | Value | Change |
|---|---|---|
| 2024 | 14.6% | ▲ +0.2 pp |
| 2023 | 14.4% | ▼ −1.1 pp |
| 2022 | 15.5% | ▼ −1.4 pp |
| 2021 | 16.9% | ▲ +0.7 pp |
| 2020 | 16.2% | ▲ +2.2 pp |
| 2019 | 14.0% | ▲ +0.4 pp |
| 2018 | 13.7% | ▼ −0.4 pp |
| 2017 | 14.1% | ▼ −1.4 pp |
| 2016 | 15.4% | ▲ +0.9 pp |
| 2015 | 14.6% | ▼ −1.3 pp |
| 2014 | 15.8% | ▲ +0.0 pp |
| 2013 | 15.8% | ▼ −0.3 pp |
| 2012 | 16.1% | ▼ −2.8 pp |
| 2011 | 18.9% | ▲ +0.7 pp |
| 2010 | 18.2% | ▼ −1.2 pp |
| 2009 | 19.4% | ▼ −0.9 pp |
| 2008 | 20.2% | ▲ +0.1 pp |
| 2007 | 20.2% | ▲ +1.1 pp |
| 2006 | 19.0% | ▲ +1.9 pp |
| 2005 | 17.1% | ▼ −0.4 pp |
| 2004 | 17.5% | ▲ +0.2 pp |
| 2003 | 17.3% | ▼ −2.6 pp |
| 2002 | 19.9% | ▼ −1.0 pp |
| 2001 | 20.9% | ▼ −1.8 pp |
| 2000 | 22.7% | ▲ +2.6 pp |
| 1999 | 20.2% | ▼ −0.4 pp |
| 1998 | 20.6% | ▲ +0.1 pp |
| 1997 | 20.5% | ▼ −1.0 pp |
| 1996 | 21.5% | ▲ +0.2 pp |
| 1995 | 21.3% |
GDP from Industry — Belize vs Peers
Latest available reading for each economy (periods may differ). Belize highlighted.
More Belize indicators
Understanding GDP from Industry — a simple guide
What it measures
Value added by industry — mining, manufacturing, construction, electricity, water and gas — as a share of GDP.
How it is calculated
Value added by mining, manufacturing, construction and utilities ÷ GDP × 100.
A share of 25% means a quarter of output comes from industry.
A higher share links the economy more closely to global demand and commodity prices.
A lower share usually means services dominate.
Why it matters for the economy and markets
Industry is often more cyclical than services and more sensitive to global demand and commodity prices.
How to read it
Compare with manufacturing alone to separate factory output from mining and construction.
Data source
World Bank — World Development Indicators (series NV.IND.TOTL.ZS), annual data from 1978 to 2024. Values are shown exactly as published by the source and may be revised later.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What is the current gdp from industry of Belize?
What is the highest and lowest gdp from industry of Belize?
What does gdp from industry measure?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.