Belize - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in Belize was 9,242 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 16,188 in 2009 and 9,242 in 2019.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1991 10,846
1992 11,872
1993 12,655
1994 12,115
1995 13,024
1996 13,049
1997 11,547
1998 11,079
1999 11,980
2000 13,596
2001 12,772
2002 12,578
2003 11,638
2004 11,929
2005 11,280
2006 13,525
2007 13,500
2008 13,970
2009 16,188
2010 15,340
2011 14,596
2012 13,440
2013 12,229
2014 11,555
2015 10,872
2016 10,316
2017 10,111
2018 9,949
2019 9,242

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Belize was $254,912,100 as of 2020. Over the past 42 years, the value for this indicator has fluctuated between $292,449,800 in 2011 and $30,350,000 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 U.S. dollars.

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

See also:

Year Value
1978 $31,050,000
1979 $30,350,000
1980 $46,087,780
1981 $40,762,800
1982 $33,626,210
1983 $35,392,360
1984 $44,358,520
1985 $40,867,460
1986 $43,570,370
1987 $59,398,380
1988 $67,742,360
1989 $75,545,780
1990 $79,683,490
1991 $84,258,100
1992 $98,163,500
1993 $106,821,200
1994 $103,413,200
1995 $111,269,000
1996 $116,719,500
1997 $114,371,600
1998 $119,198,000
1999 $122,686,100
2000 $154,235,500
2001 $154,886,400
2002 $158,256,400
2003 $149,129,300
2004 $161,015,900
2005 $167,021,200
2006 $214,168,300
2007 $233,995,100
2008 $263,540,400
2009 $251,826,000
2010 $263,165,200
2011 $292,449,800
2012 $272,077,300
2013 $268,668,700
2014 $269,201,000
2015 $243,054,800
2016 $252,109,900
2017 $250,295,900
2018 $229,625,300
2019 $254,772,400
2020 $254,912,100

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

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Belize was 237,550,200 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 315,725,500 in 2009 and 27,226,660 in 1970.

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 constant 2010 U.S. dollars.

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

See also:

Year Value
1970 27,226,660
1971 28,918,190
1972 32,878,870
1973 35,844,890
1974 39,971,500
1975 42,513,420
1976 42,291,710
1977 48,731,740
1978 52,413,280
1979 55,406,640
1980 76,431,580
1981 79,372,060
1982 77,659,480
1983 76,386,290
1984 75,262,430
1985 76,029,500
1986 78,734,700
1987 86,619,140
1988 91,609,400
1989 105,227,600
1990 116,790,400
1991 125,258,200
1992 138,462,700
1993 150,486,800
1994 141,952,200
1995 141,575,600
1996 139,038,100
1997 141,328,900
1998 138,418,400
1999 151,267,900
2000 188,664,600
2001 189,710,100
2002 193,834,300
2003 187,154,500
2004 200,973,400
2005 199,158,800
2006 248,389,300
2007 253,941,100
2008 270,536,400
2009 315,725,500
2010 302,982,000
2011 294,465,200
2012 276,739,800
2013 257,241,200
2014 250,797,400
2015 243,054,800
2016 247,274,900
2017 249,599,000
2018 251,923,100
2019 241,342,200
2020 237,550,200

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Belize was -1.57 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 37.95 in 1980 and a minimum value of -7.05 in 2013.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1971 6.21
1972 13.70
1973 9.02
1974 11.51
1975 6.36
1976 -0.52
1977 15.23
1978 7.55
1979 5.71
1980 37.95
1981 3.85
1982 -2.16
1983 -1.64
1984 -1.47
1985 1.02
1986 3.56
1987 10.01
1988 5.76
1989 14.87
1990 10.99
1991 7.25
1992 10.54
1993 8.68
1994 -5.67
1995 -0.27
1996 -1.79
1997 1.65
1998 -2.06
1999 9.28
2000 24.72
2001 0.55
2002 2.17
2003 -3.45
2004 7.38
2005 -0.90
2006 24.72
2007 2.24
2008 6.54
2009 16.70
2010 -4.04
2011 -2.81
2012 -6.02
2013 -7.05
2014 -2.50
2015 -3.09
2016 1.74
2017 0.94
2018 0.93
2019 -4.20
2020 -1.57

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Belize was 388,400,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 516,218,300 in 2009 and a minimum value of 44,516,200 in 1970.

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 constant local currency.

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

Year Value
1970 44,516,200
1971 47,281,900
1972 53,757,700
1973 58,607,200
1974 65,354,300
1975 69,510,400
1976 69,147,900
1977 79,677,500
1978 85,696,900
1979 90,591,100
1980 124,967,400
1981 129,775,100
1982 126,975,000
1983 124,893,300
1984 123,055,800
1985 124,310,000
1986 128,733,000
1987 141,624,200
1988 149,783,400
1989 172,049,400
1990 190,955,000
1991 204,800,000
1992 226,389,700
1993 246,049,300
1994 232,095,100
1995 231,479,300
1996 227,330,400
1997 231,075,900
1998 226,317,200
1999 247,326,400
2000 308,470,900
2001 310,180,300
2002 316,923,400
2003 306,001,800
2004 328,596,000
2005 325,629,100
2006 406,122,100
2007 415,199,400
2008 442,333,100
2009 516,218,300
2010 495,382,400
2011 481,457,200
2012 452,475,900
2013 420,595,100
2014 410,059,400
2015 397,400,000
2016 404,300,000
2017 408,100,000
2018 411,900,000
2019 394,600,000
2020 388,400,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Belize was 15.58 as of 2020. Its highest value over the past 42 years was 23.28 in 1980, while its lowest value was 11.99 in 2018.

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 or 4.

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

See also:

Year Value
1978 22.78
1979 19.99
1980 23.28
1981 20.79
1982 18.46
1983 18.42
1984 20.69
1985 19.22
1986 18.81
1987 21.13
1988 21.16
1989 20.47
1990 19.34
1991 18.95
1992 18.93
1993 19.07
1994 17.79
1995 17.93
1996 18.19
1997 17.47
1998 17.30
1999 16.74
2000 18.54
2001 17.84
2002 17.11
2003 15.16
2004 15.31
2005 15.15
2006 17.69
2007 18.40
2008 19.50
2009 19.12
2010 19.11
2011 20.02
2012 17.87
2013 17.01
2014 16.15
2015 14.12
2016 14.09
2017 13.47
2018 11.99
2019 12.85
2020 15.58

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts