Impact of Infrastructure Investment on Economic Growth in Belize

Investment in infrastructure is a critical factor in economic development, especially in small economies such as Belize. In fact, in small economies such as Belize, which is a tourism-based economy, investing in key sectors such as Philip S.W. Goldson International Airport expansions, planned airports such as in San Pedro and Placencia, Port of Belize expansions, road expansions such as the Coastal Highway and Philip S.W. Goldson Highway, and tourism development is critical in stimulating economic development. Using secondary data from Belize Tourism Board, Statistical Institute of Belize, IMF (2025), and World Bank data for 2024 and 2025, a cobb-douglas production function analysis reveals a positive relationship between economic development and infrastructure investment in Belize. In fact, a positive relationship is revealed between economic development and infrastructure investment in Belize.