Government expenditure vs gdp in Belize
Belize: Government expenditure vs gdp was 414.49 million in 2024. ◆ Volatile
Latest (2024)
414.49 million
Change on year
up 1.6%
World rank
154th
of 166 countries
All-time high
423.58 million
in 2019
All-time low
69.68 million
in 1983
Years of data
45
1980–2024
Government expenditure vs gdp in Belize, 1980–2024
Source: Our World in Data.
Analysis
The most recent figure for government expenditure vs gdp in Belize is 414.49 million, measured in 2024.
Compared with earlier readings it is up 1.6% on the previous year and up 17.5% over ten years.
Over the whole period, government expenditure vs gdp in Belize peaked at 423.58 million in 2019 and was at its lowest, 69.68 million, in 1983.
That places Belize 154th out of 166 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.
Government expenditure vs gdp in Belize, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 73.63 million | — |
| 1981 | 72.26 million | -1.9% |
| 1982 | 71.28 million | -1.4% |
| 1983 | 69.68 million | -2.2% |
| 1984 | 71.25 million | +2.3% |
| 1985 | 73.34 million | +2.9% |
| 1986 | 76.49 million | +4.3% |
| 1987 | 79.40 million | +3.8% |
| 1988 | 81.44 million | +2.6% |
| 1989 | 84.25 million | +3.5% |
| 1990 | 85.66 million | +1.7% |
| 1991 | 93.24 million | +8.8% |
| 1992 | 151.17 million | +62.1% |
| 1993 | 155.90 million | +3.1% |
| 1994 | 163.71 million | +5.0% |
| 1995 | 168.77 million | +3.1% |
| 1996 | 170.64 million | +1.1% |
| 1997 | 175.90 million | +3.1% |
| 1998 | 188.77 million | +7.3% |
| 1999 | 202.06 million | +7.0% |
| 2000 | 217.87 million | +7.8% |
| 2001 | 233.54 million | +7.2% |
| 2002 | 251.62 million | +7.7% |
| 2003 | 261.96 million | +4.1% |
| 2004 | 261.48 million | -0.2% |
| 2005 | 258.42 million | -1.2% |
| 2006 | 252.82 million | -2.2% |
| 2007 | 277.76 million | +9.9% |
| 2008 | 276.94 million | -0.3% |
| 2009 | 298.66 million | +7.8% |
| 2010 | 313.29 million | +4.9% |
| 2011 | 317.12 million | +1.2% |
| 2012 | 327.47 million | +3.3% |
| 2013 | 349.33 million | +6.7% |
| 2014 | 352.69 million | +1.0% |
| 2015 | 376.82 million | +6.8% |
| 2016 | 396.57 million | +5.2% |
| 2017 | 406.73 million | +2.6% |
| 2018 | 421.51 million | +3.6% |
| 2019 | 423.58 million | +0.5% |
| 2020 | 321.40 million | -24.1% |
| 2021 | 374.99 million | +16.7% |
| 2022 | 399.83 million | +6.6% |
| 2023 | 408.05 million | +2.1% |
| 2024 | 414.49 million | +1.6% |
Belize compared with similar countries
- Belize's 414.49 million is below the median for upper middle income countries, which is 9.30 billion, 4% of the median. (45 countries reporting)
- Belize's 414.49 million is below the median for Latin America & Caribbean, which is 9.59 billion, 4% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Government expenditure vs gdp 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 | 151.17 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 75.30 million | 69.68 million | 84.25 million | 10 |
| 1990s | 155.58 million | 85.66 million | 202.06 million | 10 |
| 2000s | 259.11 million | 217.87 million | 298.66 million | 10 |
| 2010s | 368.51 million | 313.29 million | 423.58 million | 10 |
| 2020s | 383.75 million | 321.40 million | 414.49 million | 5 |
Countries ranked near Belize
- 151 Cape Verde 549.84 million compare
- 152 Seychelles 542.82 million compare
- 153 Solomon Islands 475.75 million compare
- 155 Guinea-Bissau 298.30 million compare
- 156 Gambia 263.30 million compare
- 157 San Marino 239.08 million compare
More economy & growth data for Belize
- Real gdp growth, annual growth rate 601 % change on previous year (2024)
- 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)
Frequently asked questions
- What is government expenditure vs gdp in Belize?
- Government expenditure vs gdp in Belize was 414.49 million in 2024, according to Our World in Data.
- What is the highest government expenditure vs gdp recorded in Belize?
- The highest recorded value was 423.58 million in 2019.
- What is the lowest government expenditure vs gdp recorded in Belize?
- The lowest recorded value was 69.68 million in 1983.
- How does Belize rank for government expenditure vs gdp?
- Belize ranks 154th out of 166 countries with data for 2024.
- Is government expenditure vs gdp 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 Our World in Data, published as part of Government expenditure vs gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).