Gross national expenditure (constant 2015 US$) in Belize
Belize: Gross national expenditure (constant 2015 US$) was 2.65 billion constant 2015 US$ in 2024. ▲ Rising
Gross national expenditure in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross national expenditure in Belize stood at 2.65 billion constant 2015 US$. That is the highest value across all 45 years on record.
The figure is up 4.2% on the previous year and up 31.9% over ten years.
Over the whole period, gross national expenditure in Belize peaked at 2.65 billion constant 2015 US$ in 2024 and was at its lowest, 370.06 million constant 2015 US$, in 1986.
Belize ranks 151st of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Gross national expenditure (constant 2015 US$) in Belize, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1980 | 510.20 million constant 2015 US$ | — |
| 1981 | 440.61 million constant 2015 US$ | -13.6% |
| 1982 | 440.38 million constant 2015 US$ | -0.1% |
| 1983 | 417.62 million constant 2015 US$ | -5.2% |
| 1984 | 401.49 million constant 2015 US$ | -3.9% |
| 1985 | 381.35 million constant 2015 US$ | -5.0% |
| 1986 | 370.06 million constant 2015 US$ | -3.0% |
| 1987 | 436.05 million constant 2015 US$ | +17.8% |
| 1988 | 512.81 million constant 2015 US$ | +17.6% |
| 1989 | 599.12 million constant 2015 US$ | +16.8% |
| 1990 | 644.84 million constant 2015 US$ | +7.6% |
| 1991 | 728.86 million constant 2015 US$ | +13.0% |
| 1992 | 1.05 billion constant 2015 US$ | +44.1% |
| 1993 | 1.11 billion constant 2015 US$ | +5.6% |
| 1994 | 1.09 billion constant 2015 US$ | -2.1% |
| 1995 | 1.13 billion constant 2015 US$ | +4.3% |
| 1996 | 1.14 billion constant 2015 US$ | +0.1% |
| 1997 | 1.16 billion constant 2015 US$ | +2.4% |
| 1998 | 1.23 billion constant 2015 US$ | +5.6% |
| 1999 | 1.38 billion constant 2015 US$ | +12.3% |
| 2000 | 1.55 billion constant 2015 US$ | +12.6% |
| 2001 | 1.61 billion constant 2015 US$ | +3.7% |
| 2002 | 1.69 billion constant 2015 US$ | +5.0% |
| 2003 | 1.70 billion constant 2015 US$ | +0.5% |
| 2004 | 1.68 billion constant 2015 US$ | -1.2% |
| 2005 | 1.69 billion constant 2015 US$ | +0.7% |
| 2006 | 1.66 billion constant 2015 US$ | -1.6% |
| 2007 | 1.73 billion constant 2015 US$ | +4.1% |
| 2008 | 1.82 billion constant 2015 US$ | +5.0% |
| 2009 | 1.70 billion constant 2015 US$ | -6.4% |
| 2010 | 1.73 billion constant 2015 US$ | +1.3% |
| 2011 | 1.69 billion constant 2015 US$ | -2.1% |
| 2012 | 1.78 billion constant 2015 US$ | +5.4% |
| 2013 | 1.89 billion constant 2015 US$ | +6.4% |
| 2014 | 2.01 billion constant 2015 US$ | +6.3% |
| 2015 | 2.09 billion constant 2015 US$ | +3.8% |
| 2016 | 2.16 billion constant 2015 US$ | +3.4% |
| 2017 | 2.10 billion constant 2015 US$ | -2.8% |
| 2018 | 2.17 billion constant 2015 US$ | +3.5% |
| 2019 | 2.26 billion constant 2015 US$ | +3.9% |
| 2020 | 1.97 billion constant 2015 US$ | -12.9% |
| 2021 | 2.33 billion constant 2015 US$ | +18.3% |
| 2022 | 2.51 billion constant 2015 US$ | +8.0% |
| 2023 | 2.55 billion constant 2015 US$ | +1.3% |
| 2024 | 2.65 billion constant 2015 US$ | +4.2% |
Belize compared with similar countries
- Belize's 2.65 billion constant 2015 US$ is below the median for upper middle income countries, which is 63.48 billion constant 2015 US$, 4% of the median. (45 countries reporting)
- Belize's 2.65 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 75.05 billion constant 2015 US$, 4% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure (constant 2015 US$) 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 | +44.1% | 728.86 million constant 2015 US$ | 1.05 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 450.97 million constant 2015 US$ | 370.06 million constant 2015 US$ | 599.12 million constant 2015 US$ | 10 |
| 1990s | 1.07 billion constant 2015 US$ | 644.84 million constant 2015 US$ | 1.38 billion constant 2015 US$ | 10 |
| 2000s | 1.69 billion constant 2015 US$ | 1.55 billion constant 2015 US$ | 1.82 billion constant 2015 US$ | 10 |
| 2010s | 1.99 billion constant 2015 US$ | 1.69 billion constant 2015 US$ | 2.26 billion constant 2015 US$ | 10 |
| 2020s | 2.40 billion constant 2015 US$ | 1.97 billion constant 2015 US$ | 2.65 billion constant 2015 US$ | 5 |
Countries ranked near Belize
- 148 Cape Verde 2.87 billion constant 2015 US$ compare
- 149 Gambia 2.78 billion constant 2015 US$ compare
- 150 East Timor 2.76 billion constant 2015 US$ compare
- 152 Seychelles 2.44 billion constant 2015 US$ compare
- 153 Vanuatu 2.40 billion constant 2015 US$ compare
- 154 Guinea-Bissau 2.06 billion 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 gross national expenditure in Belize?
- Gross national expenditure in Belize was 2.65 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Belize?
- The highest recorded value was 2.65 billion constant 2015 US$ in 2024.
- What is the lowest gross national expenditure recorded in Belize?
- The lowest recorded value was 370.06 million constant 2015 US$ in 1986.
- How does Belize rank for gross national expenditure?
- Belize ranks 151st out of 163 countries with data for 2024.
- Is gross national expenditure rising or falling in Belize?
- Over the last ten years it is up 31.9%. The long-run trend across the full record is rising.
- 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 Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross 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.