Belize - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Belize was 509,824,100 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of 584,899,500 in 2011 and a minimum value of 60,700,000 in 1979.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1978 62,100,000
1979 60,700,000
1980 92,175,560
1981 81,525,590
1982 67,252,420
1983 70,784,720
1984 88,717,030
1985 81,734,910
1986 87,140,740
1987 118,796,800
1988 135,484,700
1989 151,091,600
1990 159,367,000
1991 168,516,200
1992 196,327,000
1993 213,642,300
1994 206,826,400
1995 222,538,100
1996 233,439,000
1997 228,743,300
1998 238,395,900
1999 245,372,200
2000 308,470,900
2001 309,772,700
2002 316,512,700
2003 298,258,700
2004 322,031,800
2005 334,042,300
2006 428,336,500
2007 467,990,200
2008 527,080,700
2009 503,652,100
2010 526,330,300
2011 584,899,500
2012 544,154,700
2013 537,337,400
2014 538,402,000
2015 486,109,500
2016 504,219,700
2017 500,591,800
2018 459,250,600
2019 509,544,800
2020 509,824,100

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts