Belize BZ: GDP: USD: Gross Capital Formation

1980 - 2023 | Yearly | USD mn | World Bank

Belize BZ: GDP: USD: Gross Capital Formation data was reported at 697.500 USD mn in 2023. This records an increase from the previous number of 611.154 USD mn for 2022. Belize BZ: GDP: USD: Gross Capital Formation data is updated yearly, averaging 233.141 USD mn from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 697.500 USD mn in 2023 and a record low of 35.123 USD mn in 1982. Belize BZ: GDP: USD: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belize – Table BZ.World Bank.WDI: Gross Domestic Product: Nominal. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

View Belize's Belize BZ: GDP: USD: Gross Capital Formation from 1980 to 2023 in the chart:

Belize Belize BZ: GDP: USD: Gross Capital Formation

What was Belize's Belize BZ: GDP: USD: Gross Capital Formation in 2023?

Last Previous Min Max Unit Frequency Range
697.500 2023 611.154 2022 35.123 1982 697.500 2023 USD mn yearly 1980 - 2023

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Belize Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 10,768.010 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 7,571.512 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.012 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (BZD bn) 1.937 2029 yearly 1996 - 2029
Forecast: Government Net Debt (BZD bn) 4.122 2023 yearly 2001 - 2023
Forecast: Government Revenue (BZD bn) 1.856 2029 yearly 1996 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 0.498 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 3.400 2029 yearly 1990 - 2029
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 1.207 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.098 2029 yearly 1980 - 2029

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