Annual growth of the general government final consumption expenditure in Belize
Belize: Annual growth of the general government final consumption expenditure was 1.6% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in Belize, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of the general government final consumption expenditure in Belize is 1.6%, measured in 2024.
That represents a change of down 23.2% on the previous year and up 64.0% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Belize peaked at 16.7% in 2021 and was at its lowest, -24.1%, in 2020.
That places Belize 101st out of 181 countries with data for 2024, putting it 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 the general government final consumption expenditure in Belize, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 7.8% | — |
| 2001 | 7.2% | -8.0% |
| 2002 | 7.7% | +7.6% |
| 2003 | 4.1% | -46.9% |
| 2004 | -0.2% | -104.5% |
| 2005 | -1.2% | +526.9% |
| 2006 | -2.2% | +85.3% |
| 2007 | 9.9% | -555.4% |
| 2008 | -0.3% | -103.0% |
| 2009 | 7.8% | -2751.5% |
| 2010 | 4.9% | -37.6% |
| 2011 | 1.2% | -75.0% |
| 2012 | 3.3% | +167.2% |
| 2013 | 6.7% | +104.4% |
| 2014 | 1.0% | -85.6% |
| 2015 | 6.8% | +610.9% |
| 2016 | 5.2% | -23.4% |
| 2017 | 2.6% | -51.1% |
| 2018 | 3.6% | +41.8% |
| 2019 | 0.5% | -86.5% |
| 2020 | -24.1% | -5001.5% |
| 2021 | 16.7% | -169.1% |
| 2022 | 6.6% | -60.3% |
| 2023 | 2.1% | -69.0% |
| 2024 | 1.6% | -23.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.1% | -2.2% | 9.9% | 10 |
| 2010s | 3.6% | 0.5% | 6.8% | 10 |
| 2020s | 0.6% | -24.1% | 16.7% | 5 |
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)
- Gross capital formation (current US$), annual growth rate 9.82 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.1979 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 1,520 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 9.82 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.3958 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 3,040 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 4.52 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.162 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Belize?
- Annual growth of the general government final consumption expenditure in Belize was 1.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Belize?
- The highest recorded value was 16.7% in 2021.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Belize?
- The lowest recorded value was -24.1% in 2020.
- How does Belize rank for annual growth of the general government final consumption expenditure?
- Belize ranks 101st out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Belize?
- Over the last ten years it is up 64.0%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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