General government final consumption expenditure in Belize
Belize: General government final consumption expenditure was 1.6% in 2024. ◆ Volatile
General government final consumption expenditure in Belize, 1981–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for 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, general government final consumption expenditure in Belize peaked at 62.1% in 1992 and was at its lowest, -24.1%, in 2020.
Belize ranks 110th of 173 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.
General government final consumption expenditure in Belize, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1981 | -1.9% | — |
| 1982 | -1.4% | -27.4% |
| 1983 | -2.2% | +65.4% |
| 1984 | 2.3% | -200.6% |
| 1985 | 2.9% | +30.2% |
| 1986 | 4.3% | +46.3% |
| 1987 | 3.8% | -11.5% |
| 1988 | 2.6% | -32.3% |
| 1989 | 3.5% | +34.3% |
| 1990 | 1.7% | -51.5% |
| 1991 | 8.8% | +427.9% |
| 1992 | 62.1% | +602.8% |
| 1993 | 3.1% | -95.0% |
| 1994 | 5.0% | +60.0% |
| 1995 | 3.1% | -38.3% |
| 1996 | 1.1% | -64.1% |
| 1997 | 3.1% | +178.1% |
| 1998 | 7.3% | +137.5% |
| 1999 | 7.0% | -3.8% |
| 2000 | 7.8% | +11.0% |
| 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 |
|---|---|---|---|---|
| 1980s | 1.5% | -2.2% | 4.3% | 9 |
| 1990s | 10.2% | 1.1% | 62.1% | 10 |
| 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)
- Services, value added (constant LCU), per capita 8,090 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.06 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.31 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8496 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 6,526 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.31 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.7 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 13,052 current LCU per person (2024)
Frequently asked questions
- What is general government final consumption expenditure in Belize?
- General government final consumption expenditure in Belize was 1.6% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Belize?
- The highest recorded value was 62.1% in 1992.
- What is the lowest general government final consumption expenditure recorded in Belize?
- The lowest recorded value was -24.1% in 2020.
- How does Belize rank for general government final consumption expenditure?
- Belize ranks 110th out of 173 countries with data for 2024.
- Is 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of General government final consumption expenditure (annual % growth). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.