Government spending vs. GDP in Belize
Belize: Government spending vs. GDP was 414.49 million constant 2015 US$ in 2024. ◆ Volatile
Latest (2024)
414.49 million constant 2015 US$
Change on year
up 1.6%
World rank
154th
of 166 countries
All-time high
423.58 million constant 2015 US$
in 2019
All-time low
69.68 million constant 2015 US$
in 1983
Years of data
45
1980–2024
Government spending vs. GDP in Belize, 1980–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in constant 2015 US$.
Analysis
The most recent figure for government spending vs. gdp in Belize is 414.49 million constant 2015 US$, 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 spending vs. gdp in Belize peaked at 423.58 million constant 2015 US$ in 2019 and was at its lowest, 69.68 million constant 2015 US$, in 1983.
That places Belize 154th out of 166 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Government spending vs. GDP in Belize, year by year
| Year | constant 2015 US$ | 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 9.30 billion constant 2015 US$, 4% of the median. (45 countries reporting)
- Belize's 414.49 million constant 2015 US$ is below the median for Latin America & Caribbean, which is 9.59 billion constant 2015 US$, 4% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Government spending vs. GDP in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +62.1% | 93.24 million constant 2015 US$ | 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
- 151 Cape Verde 549.84 million constant 2015 US$ compare
- 152 Seychelles 542.82 million constant 2015 US$ compare
- 153 Solomon Islands 475.75 million constant 2015 US$ compare
- 155 Guinea-Bissau 298.30 million constant 2015 US$ compare
- 156 Gambia 263.30 million constant 2015 US$ compare
- 157 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)
- 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$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is government spending vs. gdp in Belize?
- Government spending vs. gdp in Belize was 414.49 million constant 2015 US$ in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest government spending vs. gdp recorded in Belize?
- The highest recorded value was 423.58 million constant 2015 US$ in 2019.
- What is the lowest government spending vs. gdp recorded in Belize?
- The lowest recorded value was 69.68 million constant 2015 US$ in 1983.
- How does Belize rank for government spending vs. gdp?
- Belize ranks 154th out of 166 countries with data for 2024.
- Is government spending 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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Government spending 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).
About this data
General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.