Belize's gross domestic savings (current US$) was US$633.43 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 41.46% from US$447.79 million in 2014 (3.53% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$633.43 million | 2024 |
| Five years earlier | US$457.25 million | 2019 |
| Ten years earlier | US$447.79 million | 2014 |
| Highest | US$633.43 million | 2024 |
| Lowest | US$114.33 million | 1982 |
| Average since 2015 | US$501.1 million | 2015–2024 |
| First recorded | US$130.32 million |
What the numbers say
In 2024, Belize's gross domestic savings (current US$) rose 1.2% on 2023 (from US$625.94 million to US$633.43 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +4.3% and a typical year strayed about 14.2% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 37.4% in 2000 and the biggest yearly fall was 37.9% in 1992. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$19.43 million a year. A straight line explains 55% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Belize had the 26th highest value of the 35 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Belize | US$633.43 million | 2024 |
| World | US$30.01 trillion | 2024 |
| Latin America & Caribbean | US$1.34 trillion | 2025 |
| Upper middle income | US$11.31 trillion | 2024 |
Closest to Belize in the 2024 ranking
- New Caledonia — 22nd of 35: US$857.7 million
- Eswatini — 23rd of 35: US$728.99 million
- Fiji — 24th of 35: US$639.51 million
- Vanuatu — 26th of 35: US$44.12 million
- Palau — 27th of 35: −US$41.59 million
- Marshall Islands — 28th of 35: −US$68.44 million
What this measures
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 45 values
| Year | Gross domestic savings (current US$) |
|---|---|
| 2024 | 633,431,650 |
| 2023 | 625,938,150 |
| 2022 | 561,959,650 |
| 2021 | 495,212,500 |
| 2020 | 406,029,900 |
| 2019 | 457,250,300 |
| 2018 | 425,346,550 |
| 2017 | 467,685,300 |
| 2016 | 468,224,000 |
| 2015 | 469,924,450 |
| 2014 |
Gross domestic savings (current US$) in nearby economies
- Argentina — US$103.08 billion (2025)
- Aruba — US$1.37 billion (2024)
- Bahamas, The — US$3.61 billion (2024)
- Bolivia — US$7.6 billion (2024)
- Brazil — US$397.3 billion (2025)
- Chile — US$100.78 billion (2025)
- Colombia — US$51.77 billion (2025)
- Costa Rica — US$22.63 billion (2025)
- Cuba — US$11.3 billion (2020)
- Curaçao — US$374.47 million (2018)
- Dominican Republic
More economic policy & debt data for Belize
- GDP (current US$) — US$3.33 billion (2025)
- GDP (current LCU) — 6.65 billion (2025)
- GDP (constant 2015 US$) — US$2.7 billion (2025)
- GDP (constant LCU) — 5.4 billion (2025)
- GDP per capita (current US$) — US$7,865 (2025)
- GDP per capita (current LCU) — 15,731 (2025)
- GDP per capita (constant 2015 US$) — US$6,374 (2025)
- GDP per capita (constant LCU) — 12,772 (2025)
- GNI (current US$) — US$3.16 billion (2025)
- GNI (current LCU) — 6.32 billion (2025)
- GNI per capita (current LCU) — 14,953 (2025)
Reading data like this
Questions people ask
- What is Belize's gross domestic savings (current US$)?
- US$633.43 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is up 386.04% from US$130.32 million in 1980 (3.66% a year on average, compounded). The highest value was US$633.43 million in 2024 and the lowest US$114.33 million in 1982.
- How does Belize rank?
- 26th highest of 35 economies with data for 2024.
- Is the latest change in gross domestic savings (current US$) unusual for Belize?
- In 2024, Belize's gross domestic savings (current US$) rose 1.2% on 2023 (from US$625.94 million to US$633.43 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +4.3% and a typical year strayed about 14.2% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GDS.TOTL.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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