Annual growth of general government final consumption expenditure in Belize
Belize: Annual growth of general government final consumption expenditure was 2.92 in 2023. ◆ Volatile
Latest (2023)
2.92
Change on year
down 56.0%
World rank
63rd
of 167 countries
All-time high
16.56
in 2021
All-time low
-24.07
in 2020
Years of data
24
2000–2023
Annual growth of general government final consumption expenditure in Belize, 2000–2023
Source: Our World in Data.
Analysis
Belize recorded 2.92 for annual growth of general government final consumption expenditure in 2023.
That represents a change of down 56.0% on the previous year and down 56.2% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Belize peaked at 16.56 in 2021 and was at its lowest, -24.07, in 2020.
Belize ranks 63rd of 167 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.
Annual growth of general government final consumption expenditure in Belize, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 8.04 | — |
| 2001 | 7.21 | -10.3% |
| 2002 | 7.59 | +5.3% |
| 2003 | 4.23 | -44.3% |
| 2004 | -0.19 | -104.5% |
| 2005 | -1.16 | +510.5% |
| 2006 | -2.16 | +86.2% |
| 2007 | 9.82 | -554.6% |
| 2008 | -0.36 | -103.7% |
| 2009 | 7.88 | -2288.9% |
| 2010 | 4.92 | -37.6% |
| 2011 | 1.13 | -77.0% |
| 2012 | 3.36 | +197.3% |
| 2013 | 6.66 | +98.2% |
| 2014 | 0.87 | -86.9% |
| 2015 | 6.91 | +694.3% |
| 2016 | 5.25 | -24.0% |
| 2017 | 2.56 | -51.2% |
| 2018 | 3.62 | +41.4% |
| 2019 | 0.48 | -86.7% |
| 2020 | -24.07 | -5114.6% |
| 2021 | 16.56 | -168.8% |
| 2022 | 6.63 | -60.0% |
| 2023 | 2.92 | -56.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.09 | -2.16 | 9.82 | 10 |
| 2010s | 3.58 | 0.48 | 6.91 | 10 |
| 2020s | 0.51 | -24.07 | 16.56 | 4 |
Countries ranked near Belize
More economy & growth data for Belize
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.27 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.54 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) 0.918 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1172 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 922.21 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.9181 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.2424 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1,907 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 5.48 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.6244 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Belize?
- Annual growth of general government final consumption expenditure in Belize was 2.92 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Belize?
- The highest recorded value was 16.56 in 2021.
- What is the lowest annual growth of general government final consumption expenditure recorded in Belize?
- The lowest recorded value was -24.07 in 2020.
- How does Belize rank for annual growth of general government final consumption expenditure?
- Belize ranks 63rd out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Belize?
- Over the last ten years it is down 56.2%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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