General government final consumption expenditure (constant 2015 US$) in Belize
Belize: General government final consumption expenditure (constant 2015 US$) was 414.49 million constant 2015 US$ in 2024. ◆ Volatile
General government final consumption expenditure in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, general government final consumption expenditure in Belize stood at 414.49 million constant 2015 US$.
That represents a change of up 1.6% on the previous year and up 17.5% over ten years.
Over the whole period, general government final consumption expenditure in Belize peaked at 423.58 million constant 2015 US$ in 2019 and was at its lowest, 69.68 million constant 2015 US$, in 1983.
That places Belize 156th out of 168 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure (constant 2015 US$) in Belize, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1980 | 73.63 million constant 2015 US$ | — |
| 1981 | 72.26 million constant 2015 US$ | -1.9% |
| 1982 | 71.28 million constant 2015 US$ | -1.4% |
| 1983 | 69.68 million constant 2015 US$ | -2.2% |
| 1984 | 71.25 million constant 2015 US$ | +2.3% |
| 1985 | 73.34 million constant 2015 US$ | +2.9% |
| 1986 | 76.49 million constant 2015 US$ | +4.3% |
| 1987 | 79.40 million constant 2015 US$ | +3.8% |
| 1988 | 81.44 million constant 2015 US$ | +2.6% |
| 1989 | 84.25 million constant 2015 US$ | +3.5% |
| 1990 | 85.66 million constant 2015 US$ | +1.7% |
| 1991 | 93.24 million constant 2015 US$ | +8.8% |
| 1992 | 151.17 million constant 2015 US$ | +62.1% |
| 1993 | 155.90 million constant 2015 US$ | +3.1% |
| 1994 | 163.71 million constant 2015 US$ | +5.0% |
| 1995 | 168.77 million constant 2015 US$ | +3.1% |
| 1996 | 170.64 million constant 2015 US$ | +1.1% |
| 1997 | 175.90 million constant 2015 US$ | +3.1% |
| 1998 | 188.77 million constant 2015 US$ | +7.3% |
| 1999 | 202.06 million constant 2015 US$ | +7.0% |
| 2000 | 217.87 million constant 2015 US$ | +7.8% |
| 2001 | 233.54 million constant 2015 US$ | +7.2% |
| 2002 | 251.62 million constant 2015 US$ | +7.7% |
| 2003 | 261.96 million constant 2015 US$ | +4.1% |
| 2004 | 261.48 million constant 2015 US$ | -0.2% |
| 2005 | 258.42 million constant 2015 US$ | -1.2% |
| 2006 | 252.82 million constant 2015 US$ | -2.2% |
| 2007 | 277.76 million constant 2015 US$ | +9.9% |
| 2008 | 276.94 million constant 2015 US$ | -0.3% |
| 2009 | 298.66 million constant 2015 US$ | +7.8% |
| 2010 | 313.29 million constant 2015 US$ | +4.9% |
| 2011 | 317.12 million constant 2015 US$ | +1.2% |
| 2012 | 327.47 million constant 2015 US$ | +3.3% |
| 2013 | 349.33 million constant 2015 US$ | +6.7% |
| 2014 | 352.69 million constant 2015 US$ | +1.0% |
| 2015 | 376.82 million constant 2015 US$ | +6.8% |
| 2016 | 396.57 million constant 2015 US$ | +5.2% |
| 2017 | 406.73 million constant 2015 US$ | +2.6% |
| 2018 | 421.51 million constant 2015 US$ | +3.6% |
| 2019 | 423.58 million constant 2015 US$ | +0.5% |
| 2020 | 321.40 million constant 2015 US$ | -24.1% |
| 2021 | 374.99 million constant 2015 US$ | +16.7% |
| 2022 | 399.83 million constant 2015 US$ | +6.6% |
| 2023 | 408.05 million constant 2015 US$ | +2.1% |
| 2024 | 414.49 million constant 2015 US$ | +1.6% |
Belize compared with similar countries
- Belize's 414.49 million constant 2015 US$ is below the median for upper middle income countries, which is 9.28 billion constant 2015 US$, 4% of the median. (46 countries reporting)
- Belize's 414.49 million constant 2015 US$ is below the median for Latin America & Caribbean, which is 9.59 billion constant 2015 US$, 4% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure (constant 2015 US$) in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +62.1% | 93.24 million constant 2015 US$ | 151.17 million constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 75.30 million constant 2015 US$ | 69.68 million constant 2015 US$ | 84.25 million constant 2015 US$ | 10 |
| 1990s | 155.58 million constant 2015 US$ | 85.66 million constant 2015 US$ | 202.06 million constant 2015 US$ | 10 |
| 2000s | 259.11 million constant 2015 US$ | 217.87 million constant 2015 US$ | 298.66 million constant 2015 US$ | 10 |
| 2010s | 368.51 million constant 2015 US$ | 313.29 million constant 2015 US$ | 423.58 million constant 2015 US$ | 10 |
| 2020s | 383.75 million constant 2015 US$ | 321.40 million constant 2015 US$ | 414.49 million constant 2015 US$ | 5 |
Countries ranked near Belize
- 153 Cape Verde 549.84 million constant 2015 US$ compare
- 154 Seychelles 542.82 million constant 2015 US$ compare
- 155 Solomon Islands 475.75 million constant 2015 US$ compare
- 157 Guinea-Bissau 298.30 million constant 2015 US$ compare
- 158 Gambia 263.30 million constant 2015 US$ compare
- 159 San Marino 239.08 million constant 2015 US$ 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)
- SDRs holdings, US dollar, annual growth rate 4.94 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 120.67 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0711 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0112 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 88.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0084 units per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure in Belize?
- General government final consumption expenditure in Belize was 414.49 million constant 2015 US$ 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 423.58 million constant 2015 US$ in 2019.
- What is the lowest general government final consumption expenditure recorded in Belize?
- The lowest recorded value was 69.68 million constant 2015 US$ in 1983.
- How does Belize rank for general government final consumption expenditure?
- Belize ranks 156th out of 168 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Belize?
- Over the last ten years it is up 17.5%. 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.