Final consumption expenditure in Belize
Belize: Final consumption expenditure was 5.14 billion current LCU in 2024. ◆ Volatile
Final consumption expenditure in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Belize recorded 5.14 billion current LCU for final consumption expenditure in 2024. That is the highest value across all 45 years on record.
That represents a change of up 5.9% on the previous year and up 52.0% over ten years.
Over the whole period, final consumption expenditure in Belize peaked at 5.14 billion current LCU in 2024 and was at its lowest, 254.15 million current LCU, in 1980.
Belize ranks 176th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 301.69 million current LCU | 254.15 million current LCU | 428.72 million current LCU | 10 |
| 1990s | 1.13 billion current LCU | 482.47 million current LCU | 1.63 billion current LCU | 10 |
| 2000s | 2.28 billion current LCU | 1.77 billion current LCU | 2.66 billion current LCU | 10 |
| 2010s | 3.34 billion current LCU | 2.75 billion current LCU | 3.85 billion current LCU | 10 |
| 2020s | 4.34 billion current LCU | 3.28 billion current LCU | 5.14 billion current LCU | 5 |
Countries ranked near Belize
- 173 Papua New Guinea 8.45 billion current LCU compare
- 174 Montenegro 8.07 billion current LCU compare
- 175 Suriname 5.91 billion current LCU compare
- 177 Bermuda 5.06 billion current LCU compare
- 178 Aruba 5.00 billion current LCU compare
- 179 United States Virgin Islands 4.83 billion current LCU compare
More economy & growth data for Belize
- External balance on goods and services as a percent of GDP 1.5% (2024)
- Inflation of consumer prices 1.1% (2025)
- GDP per capita 6,374 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 6.6% (2024)
- Gross domestic product (GDP) 2.70 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,374 constant 2015 US$ (2025)
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 299.82 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 149.91 million current US$ (2025)
- Taxes less subsidies on products 963.64 million current LCU (2024)
Frequently asked questions
- What is final consumption expenditure in Belize?
- Final consumption expenditure in Belize was 5.14 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Belize?
- The highest recorded value was 5.14 billion current LCU in 2024.
- What is the lowest final consumption expenditure recorded in Belize?
- The lowest recorded value was 254.15 million current LCU in 1980.
- How does Belize rank for final consumption expenditure?
- Belize ranks 176th out of 187 countries with data for 2024.
- Is final consumption expenditure rising or falling in Belize?
- Over the last ten years it is up 52.0%. 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 Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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.