Discrepancy in expenditure estimate of GDP in Belize
Belize: Discrepancy in expenditure estimate of GDP was -95.46 million current LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for discrepancy in expenditure estimate of gdp in Belize is -95.46 million current LCU, measured in 2024.
Compared with earlier readings it is up 16.2% on the previous year and down 8,219.3% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in Belize peaked at 451.21 million current LCU in 1991 and was at its lowest, -113.90 million current LCU, in 2023.
That places Belize 163rd out of 185 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in Belize, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 217.60 million current LCU | — |
| 1981 | 229.45 million current LCU | +5.4% |
| 1982 | 231.71 million current LCU | +1.0% |
| 1983 | 237.97 million current LCU | +2.7% |
| 1984 | 251.98 million current LCU | +5.9% |
| 1985 | 250.41 million current LCU | -0.6% |
| 1986 | 266.95 million current LCU | +6.6% |
| 1987 | 314.92 million current LCU | +18.0% |
| 1988 | 357.61 million current LCU | +13.6% |
| 1989 | 413.72 million current LCU | +15.7% |
| 1990 | 344.87 million current LCU | -16.6% |
| 1991 | 451.21 million current LCU | +30.8% |
| 1992 | 62.13 million current LCU | -86.2% |
| 1993 | 72.02 million current LCU | +15.9% |
| 1994 | 110.67 million current LCU | +53.7% |
| 1995 | 69.54 million current LCU | -37.2% |
| 1996 | 51.07 million current LCU | -26.6% |
| 1997 | -39.18 million current LCU | -176.7% |
| 1998 | -21.84 million current LCU | -44.3% |
| 1999 | 44.86 million current LCU | -305.4% |
| 2000 | 156.28 million current LCU | +248.4% |
| 2001 | 138.00 million current LCU | -11.7% |
| 2002 | 37.31 million current LCU | -73.0% |
| 2003 | 89.93 million current LCU | +141.0% |
| 2004 | 108.09 million current LCU | +20.2% |
| 2005 | 141.66 million current LCU | +31.1% |
| 2006 | 120.58 million current LCU | -14.9% |
| 2007 | 109.74 million current LCU | -9.0% |
| 2008 | 3.94 million current LCU | -96.4% |
| 2009 | 143.90 million current LCU | +3551.2% |
| 2010 | -17.62 million current LCU | -112.2% |
| 2011 | 139.06 million current LCU | -889.1% |
| 2012 | 63.73 million current LCU | -54.2% |
| 2013 | 106.35 million current LCU | +66.9% |
| 2014 | -1.15 million current LCU | -101.1% |
| 2015 | 247.31 million current LCU | -21652.4% |
| 2016 | 215.85 million current LCU | -12.7% |
| 2017 | 166.30 million current LCU | -23.0% |
| 2018 | -18.54 million current LCU | -111.2% |
| 2019 | 36.53 million current LCU | -297.0% |
| 2020 | 317.64 million current LCU | +769.4% |
| 2021 | 123.12 million current LCU | -61.2% |
| 2022 | 127.08 million current LCU | +3.2% |
| 2023 | -113.90 million current LCU | -189.6% |
| 2024 | -95.46 million current LCU | -16.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 277.23 million current LCU | 217.60 million current LCU | 413.72 million current LCU | 10 |
| 1990s | 114.53 million current LCU | -39.18 million current LCU | 451.21 million current LCU | 10 |
| 2000s | 104.94 million current LCU | 3.94 million current LCU | 156.28 million current LCU | 10 |
| 2010s | 93.78 million current LCU | -18.54 million current LCU | 247.31 million current LCU | 10 |
| 2020s | 71.70 million current LCU | -113.90 million current LCU | 317.64 million current LCU | 5 |
Countries ranked near Belize
- 160 Aruba -43.67 million current LCU compare
- 161 Bahamas -54.00 million current LCU compare
- 162 Sudan -92.96 million current LCU compare
- 164 Lao People's Democratic Republic -119.49 million current LCU compare
- 165 Palestine, State of -161.80 million current LCU compare
- 166 Samoa -214.89 million current LCU compare
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)
- GDP (constant 2015 US$), annual growth rate 2.75 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8104 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 6,374 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.75 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1.62 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 12,772 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 1.2 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.1977 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Belize?
- Discrepancy in expenditure estimate of gdp in Belize was -95.46 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Belize?
- The highest recorded value was 451.21 million current LCU in 1991.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Belize?
- The lowest recorded value was -113.90 million current LCU in 2023.
- How does Belize rank for discrepancy in expenditure estimate of gdp?
- Belize ranks 163rd out of 185 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in Belize?
- Over the last ten years it is down 8,219.3%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (current LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.