General government final consumption expenditure in Belize
Belize: General government final consumption expenditure was 510.74 million current 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 current US$.
Analysis
In 2024, general government final consumption expenditure in Belize stood at 510.74 million current US$. That is the highest value across all 45 years on record.
That represents a change of up 5.8% on the previous year and up 46.9% over ten years.
Over the whole period, general government final consumption expenditure in Belize peaked at 510.74 million current US$ in 2024 and was at its lowest, 30.60 million current US$, in 1980.
Belize ranks 170th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in Belize, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | 30.60 million current US$ | — |
| 1981 | 32.36 million current US$ | +5.7% |
| 1982 | 34.21 million current US$ | +5.7% |
| 1983 | 36.18 million current US$ | +5.7% |
| 1984 | 38.26 million current US$ | +5.7% |
| 1985 | 40.45 million current US$ | +5.7% |
| 1986 | 42.78 million current US$ | +5.7% |
| 1987 | 45.23 million current US$ | +5.7% |
| 1988 | 47.83 million current US$ | +5.7% |
| 1989 | 50.58 million current US$ | +5.7% |
| 1990 | 44.46 million current US$ | -12.1% |
| 1991 | 49.71 million current US$ | +11.8% |
| 1992 | 90.83 million current US$ | +82.7% |
| 1993 | 95.67 million current US$ | +5.3% |
| 1994 | 102.96 million current US$ | +7.6% |
| 1995 | 110.41 million current US$ | +7.2% |
| 1996 | 117.40 million current US$ | +6.3% |
| 1997 | 132.41 million current US$ | +12.8% |
| 1998 | 142.97 million current US$ | +8.0% |
| 1999 | 150.34 million current US$ | +5.2% |
| 2000 | 163.17 million current US$ | +8.5% |
| 2001 | 176.12 million current US$ | +7.9% |
| 2002 | 191.90 million current US$ | +9.0% |
| 2003 | 202.75 million current US$ | +5.7% |
| 2004 | 209.72 million current US$ | +3.4% |
| 2005 | 214.54 million current US$ | +2.3% |
| 2006 | 217.61 million current US$ | +1.4% |
| 2007 | 244.89 million current US$ | +12.5% |
| 2008 | 256.55 million current US$ | +4.8% |
| 2009 | 272.71 million current US$ | +6.3% |
| 2010 | 285.74 million current US$ | +4.8% |
| 2011 | 298.28 million current US$ | +4.4% |
| 2012 | 306.95 million current US$ | +2.9% |
| 2013 | 334.95 million current US$ | +9.1% |
| 2014 | 347.75 million current US$ | +3.8% |
| 2015 | 376.82 million current US$ | +8.4% |
| 2016 | 405.79 million current US$ | +7.7% |
| 2017 | 426.50 million current US$ | +5.1% |
| 2018 | 444.90 million current US$ | +4.3% |
| 2019 | 448.10 million current US$ | +0.7% |
| 2020 | 353.80 million current US$ | -21.0% |
| 2021 | 403.83 million current US$ | +14.1% |
| 2022 | 449.88 million current US$ | +11.4% |
| 2023 | 482.89 million current US$ | +7.3% |
| 2024 | 510.74 million current US$ | +5.8% |
Belize compared with similar countries
- Belize's 510.74 million current US$ is below the median for upper middle income countries, which is 9.56 billion current US$, 5% of the median. (52 countries reporting)
- Belize's 510.74 million current US$ is below the median for Latin America & Caribbean, which is 9.52 billion current US$, 5% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +82.7% | 49.71 million current US$ | 90.83 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 39.85 million current US$ | 30.60 million current US$ | 50.58 million current US$ | 10 |
| 1990s | 103.72 million current US$ | 44.46 million current US$ | 150.34 million current US$ | 10 |
| 2000s | 214.99 million current US$ | 163.17 million current US$ | 272.71 million current US$ | 10 |
| 2010s | 367.58 million current US$ | 285.74 million current US$ | 448.10 million current US$ | 10 |
| 2020s | 440.23 million current US$ | 353.80 million current US$ | 510.74 million current US$ | 5 |
Countries ranked near Belize
- 167 Seychelles 598.42 million current US$ compare
- 168 Suriname 582.06 million current US$ compare
- 169 Eritrea 549.64 million current US$ compare
- 171 Sierra Leone 443.90 million current US$ compare
- 172 Curacao 441.06 million current US$ compare
- 173 Solomon Islands 414.81 million current 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.40 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0004 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 3.3 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240,004 BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 0.5675 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is general government final consumption expenditure in Belize?
- General government final consumption expenditure in Belize was 510.74 million current US$ 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 510.74 million current US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in Belize?
- The lowest recorded value was 30.60 million current US$ in 1980.
- How does Belize rank for general government final consumption expenditure?
- Belize ranks 170th out of 187 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Belize?
- Over the last ten years it is up 46.9%. 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 (current US$). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.