Belize - Gross fixed capital formation growth rate (at constant 2015 prices)

12.8 (%) in 2022

In 2022, gross fixed capital formation growth for Belize was 12.8 %. Since 1973, gross fixed capital formation growth of Belize fluctuated between a low of -25.6 % in 2009 and a high of 51.6 % in 1987 averaging at 5 between 1973 and 2022.

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What is gross fixed capital formation growth?

Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.

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What is Belize gross fixed capital formation growth?