Oil production, annual growth rate in Belize
Belize: Oil production, annual growth rate was 0.2741 % change on previous year in 2024. ◆ Volatile
Oil production, annual growth rate in Belize, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, oil production, annual growth rate in Belize stood at 0.2741 % change on previous year.
That represents a change of up 100.3% on the previous year and up 101.4% over ten years.
Over the whole period, oil production, annual growth rate in Belize peaked at 75.68 % change on previous year in 2020 and was at its lowest, -100 % change on previous year, in 2021.
Belize ranks 43rd of 103 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Oil production, annual growth rate in Belize, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 32.89 % change on previous year | — |
| 2008 | 17.35 % change on previous year | -47.3% |
| 2009 | 13.33 % change on previous year | -23.2% |
| 2010 | 3.95 % change on previous year | -70.4% |
| 2011 | -7.08 % change on previous year | -279.3% |
| 2012 | -26.77 % change on previous year | +278.2% |
| 2013 | -23.07 % change on previous year | -13.8% |
| 2014 | -18.92 % change on previous year | -18.0% |
| 2015 | -2.93 % change on previous year | -84.5% |
| 2016 | -0.2244 % change on previous year | -92.3% |
| 2017 | -41.94 % change on previous year | +18587.9% |
| 2018 | -16.54 % change on previous year | -60.6% |
| 2019 | 17.48 % change on previous year | -205.7% |
| 2020 | 75.68 % change on previous year | +332.9% |
| 2021 | -100 % change on previous year | -232.1% |
| 2024 | 0.2741 % change on previous year | -100.3% |
Belize compared with similar countries
- Belize's 0.2741 % change on previous year is above the median for upper middle income countries, which is 0.2186 % change on previous year, 1.3× the median. (34 countries reporting)
- Belize's 0.2741 % change on previous year is below the median for Latin America & Caribbean, which is 0.6237 % change on previous year, 44% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Oil production, annual growth rate in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | -18587.9% | -0.2244 % change on previous year | -41.94 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.19 % change on previous year | 13.33 % change on previous year | 32.89 % change on previous year | 3 |
| 2010s | -11.61 % change on previous year | -41.94 % change on previous year | 17.48 % change on previous year | 10 |
| 2020s | -8.02 % change on previous year | -100 % change on previous year | 75.68 % change on previous year | 3 |
Countries ranked near Belize
- 40 Tajikistan 0.2742 % change on previous year compare
- 41 Taiwan 0.2742 % change on previous year compare
- 42 Barbados 0.2741 % change on previous year compare
- 44 Bulgaria 0.274 % change on previous year compare
- 45 Greece 0.274 % change on previous year compare
- 46 Lithuania 0.2739 % change on previous year compare
More energy & mining data for Belize
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 3.14 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Fuel imports 13.8% (2025)
- Ores and metals imports 0.6% (2025)
Frequently asked questions
- What is oil production, annual growth rate in Belize?
- Oil production, annual growth rate in Belize was 0.2741 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest oil production, annual growth rate recorded in Belize?
- The highest recorded value was 75.68 % change on previous year in 2020.
- What is the lowest oil production, annual growth rate recorded in Belize?
- The lowest recorded value was -100 % change on previous year in 2021.
- How does Belize rank for oil production, annual growth rate?
- Belize ranks 43rd out of 103 countries with data for 2024.
- Is oil production, annual growth rate rising or falling in Belize?
- Over the last ten years it is up 101.4%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Statizoid (derived), published as part of Oil production, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Oil production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Oil production Energy Institute – Statistical Review of World Energy (2026); Etemad & Luciani (1991); U.S. Energy Information Administration (2026) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Oil production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.