Statizoid

Government spending vs. GDP, per unit of GDP in Belize

Belize: Government spending vs. GDP, per unit of GDP was 0.1294 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.1294 constant 2015 US$ per US$ of GDP
Change on year
down 3.2%
World rank
77th
of 166 countries
All-time high
0.2868 constant 2015 US$ per US$ of GDP
in 1982
All-time low
0.1294 constant 2015 US$ per US$ of GDP
in 2024
Years of data
45
1980–2024

Government spending vs. GDP, per unit of GDP in Belize, 1980–2024

00.10.20.31980200220241980: 0.286 constant 2015 US$ per US$ of GDP1981: 0.277 constant 2015 US$ per US$ of GDP1982: 0.287 constant 2015 US$ per US$ of GDP1983: 0.266 constant 2015 US$ per US$ of GDP1984: 0.245 constant 2015 US$ per US$ of GDP1985: 0.255 constant 2015 US$ per US$ of GDP1986: 0.246 constant 2015 US$ per US$ of GDP1987: 0.214 constant 2015 US$ per US$ of GDP1988: 0.193 constant 2015 US$ per US$ of GDP1989: 0.172 constant 2015 US$ per US$ of GDP1990: 0.157 constant 2015 US$ per US$ of GDP1991: 0.156 constant 2015 US$ per US$ of GDP1992: 0.217 constant 2015 US$ per US$ of GDP1993: 0.207 constant 2015 US$ per US$ of GDP1994: 0.212 constant 2015 US$ per US$ of GDP1995: 0.206 constant 2015 US$ per US$ of GDP1996: 0.201 constant 2015 US$ per US$ of GDP1997: 0.202 constant 2015 US$ per US$ of GDP1998: 0.203 constant 2015 US$ per US$ of GDP1999: 0.202 constant 2015 US$ per US$ of GDP2000: 0.191 constant 2015 US$ per US$ of GDP2001: 0.199 constant 2015 US$ per US$ of GDP2002: 0.202 constant 2015 US$ per US$ of GDP2003: 0.2 constant 2015 US$ per US$ of GDP2004: 0.187 constant 2015 US$ per US$ of GDP2005: 0.175 constant 2015 US$ per US$ of GDP2006: 0.159 constant 2015 US$ per US$ of GDP2007: 0.163 constant 2015 US$ per US$ of GDP2008: 0.159 constant 2015 US$ per US$ of GDP2009: 0.177 constant 2015 US$ per US$ of GDP2010: 0.179 constant 2015 US$ per US$ of GDP2011: 0.173 constant 2015 US$ per US$ of GDP2012: 0.171 constant 2015 US$ per US$ of GDP2013: 0.172 constant 2015 US$ per US$ of GDP2014: 0.165 constant 2015 US$ per US$ of GDP2015: 0.172 constant 2015 US$ per US$ of GDP2016: 0.177 constant 2015 US$ per US$ of GDP2017: 0.179 constant 2015 US$ per US$ of GDP2018: 0.184 constant 2015 US$ per US$ of GDP2019: 0.178 constant 2015 US$ per US$ of GDP2020: 0.157 constant 2015 US$ per US$ of GDP2021: 0.154 constant 2015 US$ per US$ of GDP2022: 0.14 constant 2015 US$ per US$ of GDP2023: 0.134 constant 2015 US$ per US$ of GDP2024: 0.129 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

Belize recorded 0.1294 constant 2015 US$ per US$ of GDP for government spending vs. gdp, per unit of gdp in 2024. That is the lowest value across all 45 years on record.

The figure is down 3.2% on the previous year and down 21.6% over ten years.

Over the whole period, government spending vs. gdp, per unit of gdp in Belize peaked at 0.2868 constant 2015 US$ per US$ of GDP in 1982 and was at its lowest, 0.1294 constant 2015 US$ per US$ of GDP, in 2024.

That places Belize 77th out of 166 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 45 years of available data.

Government spending vs. GDP, per unit of GDP in Belize, year by year

Year constant 2015 US$ per US$ of GDP Change
1980 0.2861 constant 2015 US$ per US$ of GDP —
1981 0.2771 constant 2015 US$ per US$ of GDP -3.1%
1982 0.2868 constant 2015 US$ per US$ of GDP +3.5%
1983 0.2658 constant 2015 US$ per US$ of GDP -7.3%
1984 0.2454 constant 2015 US$ per US$ of GDP -7.7%
1985 0.2553 constant 2015 US$ per US$ of GDP +4.0%
1986 0.2456 constant 2015 US$ per US$ of GDP -3.8%
1987 0.214 constant 2015 US$ per US$ of GDP -12.9%
1988 0.1932 constant 2015 US$ per US$ of GDP -9.7%
1989 0.1716 constant 2015 US$ per US$ of GDP -11.2%
1990 0.1567 constant 2015 US$ per US$ of GDP -8.7%
1991 0.1563 constant 2015 US$ per US$ of GDP -0.3%
1992 0.2173 constant 2015 US$ per US$ of GDP +39.1%
1993 0.2072 constant 2015 US$ per US$ of GDP -4.6%
1994 0.2121 constant 2015 US$ per US$ of GDP +2.3%
1995 0.2062 constant 2015 US$ per US$ of GDP -2.8%
1996 0.2007 constant 2015 US$ per US$ of GDP -2.7%
1997 0.2015 constant 2015 US$ per US$ of GDP +0.4%
1998 0.2032 constant 2015 US$ per US$ of GDP +0.8%
1999 0.2021 constant 2015 US$ per US$ of GDP -0.5%
2000 0.1914 constant 2015 US$ per US$ of GDP -5.3%
2001 0.1993 constant 2015 US$ per US$ of GDP +4.1%
2002 0.2023 constant 2015 US$ per US$ of GDP +1.5%
2003 0.2002 constant 2015 US$ per US$ of GDP -1.0%
2004 0.1867 constant 2015 US$ per US$ of GDP -6.7%
2005 0.1753 constant 2015 US$ per US$ of GDP -6.1%
2006 0.159 constant 2015 US$ per US$ of GDP -9.3%
2007 0.1628 constant 2015 US$ per US$ of GDP +2.4%
2008 0.1593 constant 2015 US$ per US$ of GDP -2.1%
2009 0.1769 constant 2015 US$ per US$ of GDP +11.1%
2010 0.1791 constant 2015 US$ per US$ of GDP +1.2%
2011 0.1731 constant 2015 US$ per US$ of GDP -3.3%
2012 0.1708 constant 2015 US$ per US$ of GDP -1.3%
2013 0.1716 constant 2015 US$ per US$ of GDP +0.5%
2014 0.1649 constant 2015 US$ per US$ of GDP -3.9%
2015 0.1718 constant 2015 US$ per US$ of GDP +4.2%
2016 0.1771 constant 2015 US$ per US$ of GDP +3.1%
2017 0.1795 constant 2015 US$ per US$ of GDP +1.4%
2018 0.1844 constant 2015 US$ per US$ of GDP +2.7%
2019 0.1779 constant 2015 US$ per US$ of GDP -3.5%
2020 0.157 constant 2015 US$ per US$ of GDP -11.7%
2021 0.1544 constant 2015 US$ per US$ of GDP -1.6%
2022 0.1405 constant 2015 US$ per US$ of GDP -9.0%
2023 0.1337 constant 2015 US$ per US$ of GDP -4.8%
2024 0.1294 constant 2015 US$ per US$ of GDP -3.2%

Belize compared with similar countries

  • Belize's 0.1294 constant 2015 US$ per US$ of GDP is above the median for upper middle income countries, which is 0.1226 constant 2015 US$ per US$ of GDP, 1.1× the median. (45 countries reporting)
  • Belize's 0.1294 constant 2015 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.1136 constant 2015 US$ per US$ of GDP, 1.1× the median. (22 countries reporting)

Biggest year-on-year movements

Years where Government spending vs. GDP, per unit of 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.

YearChange FromTo
1992 +39.1% 0.1563 constant 2015 US$ per US$ of GDP 0.2173 constant 2015 US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.2441 constant 2015 US$ per US$ of GDP 0.1716 constant 2015 US$ per US$ of GDP 0.2868 constant 2015 US$ per US$ of GDP 10
1990s 0.1963 constant 2015 US$ per US$ of GDP 0.1563 constant 2015 US$ per US$ of GDP 0.2173 constant 2015 US$ per US$ of GDP 10
2000s 0.1813 constant 2015 US$ per US$ of GDP 0.159 constant 2015 US$ per US$ of GDP 0.2023 constant 2015 US$ per US$ of GDP 10
2010s 0.175 constant 2015 US$ per US$ of GDP 0.1649 constant 2015 US$ per US$ of GDP 0.1844 constant 2015 US$ per US$ of GDP 10
2020s 0.143 constant 2015 US$ per US$ of GDP 0.1294 constant 2015 US$ per US$ of GDP 0.157 constant 2015 US$ per US$ of GDP 5

Countries ranked near Belize

  1. 74 Egypt 0.1316 constant 2015 US$ per US$ of GDP compare
  2. 75 United Arab Emirates 0.131 constant 2015 US$ per US$ of GDP compare
  3. 76 Bosnia and Herzegovina 0.1309 constant 2015 US$ per US$ of GDP compare
  4. 78 Bolivia 0.1282 constant 2015 US$ per US$ of GDP compare
  5. 79 Cyprus 0.1279 constant 2015 US$ per US$ of GDP compare
  6. 80 Mauritius 0.1273 constant 2015 US$ per US$ of GDP compare

See the full ranking of 166 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is government spending vs. gdp, per unit of gdp in Belize?
Government spending vs. gdp, per unit of gdp in Belize was 0.1294 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest government spending vs. gdp, per unit of gdp recorded in Belize?
The highest recorded value was 0.2868 constant 2015 US$ per US$ of GDP in 1982.
What is the lowest government spending vs. gdp, per unit of gdp recorded in Belize?
The lowest recorded value was 0.1294 constant 2015 US$ per US$ of GDP in 2024.
How does Belize rank for government spending vs. gdp, per unit of gdp?
Belize ranks 77th out of 166 countries with data for 2024.
Is government spending vs. gdp, per unit of gdp rising or falling in Belize?
Over the last ten years it is down 21.6%. The long-run trend across the full record is falling.
Where does this Belize data come from?
The figures come from Statizoid (derived), published as part of Government spending vs. GDP, per unit of GDP. Statizoid updates them automatically from the source API.

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Government spending vs. GDP, per unit of GDP in Belize. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/government-spending-vs-gdp-per-unit-of-gdp/belize/

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How this figure is calculated

Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Government spending vs. GDP ÷ GDP (current US$)

Computed from

  • Government spending vs. GDP National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
  • GDP Country official statistics, National Statistical Organizations and/or Central Banks

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Government spending vs. GDP, per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 7,051 data points, 1960–2025
Last refreshed

Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.