Belize

Economic Growth

-14.01
the rate of change of real GDP
Dec 64Dec 68Dec 72Dec 76Dec 80Dec 84Dec 88Dec 92Dec 96Dec 00Dec 04Dec 08Dec 12Dec 16Dec 20-16.000-8.0000.0008.00016.00
  • Belize
  • Global Median
Source: IMF

Definition of Economic Growth

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

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