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Gross national expenditure (constant LCU), per unit of GDP in Belize

Belize: Gross national expenditure (constant LCU), per unit of GDP was 1.69 constant LCU per US$ of GDP in 2024. ▼ Falling

Latest (2024)
1.69 constant LCU per US$ of GDP
Change on year
down 0.7%
World rank
114th
of 169 countries
All-time high
4.05 constant LCU per US$ of GDP
in 1980
All-time low
1.69 constant LCU per US$ of GDP
in 2024
Years of data
45
1980–2024

Gross national expenditure (constant LCU), per unit of GDP in Belize, 1980–2024

012341980200220241980: 4 constant LCU per US$ of GDP1981: 3.5 constant LCU per US$ of GDP1982: 3.6 constant LCU per US$ of GDP1983: 3.3 constant LCU per US$ of GDP1984: 2.8 constant LCU per US$ of GDP1985: 2.7 constant LCU per US$ of GDP1986: 2.4 constant LCU per US$ of GDP1987: 2.4 constant LCU per US$ of GDP1988: 2.5 constant LCU per US$ of GDP1989: 2.5 constant LCU per US$ of GDP1990: 2.4 constant LCU per US$ of GDP1991: 2.5 constant LCU per US$ of GDP1992: 3.1 constant LCU per US$ of GDP1993: 3 constant LCU per US$ of GDP1994: 2.9 constant LCU per US$ of GDP1995: 2.8 constant LCU per US$ of GDP1996: 2.7 constant LCU per US$ of GDP1997: 2.7 constant LCU per US$ of GDP1998: 2.7 constant LCU per US$ of GDP1999: 2.8 constant LCU per US$ of GDP2000: 2.8 constant LCU per US$ of GDP2001: 2.8 constant LCU per US$ of GDP2002: 2.8 constant LCU per US$ of GDP2003: 2.7 constant LCU per US$ of GDP2004: 2.5 constant LCU per US$ of GDP2005: 2.3 constant LCU per US$ of GDP2006: 2.1 constant LCU per US$ of GDP2007: 2.1 constant LCU per US$ of GDP2008: 2.1 constant LCU per US$ of GDP2009: 2.1 constant LCU per US$ of GDP2010: 2 constant LCU per US$ of GDP2011: 1.9 constant LCU per US$ of GDP2012: 1.9 constant LCU per US$ of GDP2013: 1.9 constant LCU per US$ of GDP2014: 1.9 constant LCU per US$ of GDP2015: 1.9 constant LCU per US$ of GDP2016: 2 constant LCU per US$ of GDP2017: 1.9 constant LCU per US$ of GDP2018: 1.9 constant LCU per US$ of GDP2019: 1.9 constant LCU per US$ of GDP2020: 2 constant LCU per US$ of GDP2021: 2 constant LCU per US$ of GDP2022: 1.8 constant LCU per US$ of GDP2023: 1.7 constant LCU per US$ of GDP2024: 1.7 constant LCU per US$ of GDP

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

Analysis

Belize recorded 1.69 constant LCU per US$ of GDP for gross national expenditure (constant lcu), per unit of gdp in 2024. That is the lowest value across all 45 years on record.

Compared with earlier readings it is down 0.7% on the previous year and down 12.0% over ten years.

Over the whole period, gross national expenditure (constant lcu), per unit of gdp in Belize peaked at 4.05 constant LCU per US$ of GDP in 1980 and was at its lowest, 1.69 constant LCU per US$ of GDP, in 2024.

Belize ranks 114th of 169 countries on this measure, in the middle of the range.

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

Gross national expenditure (constant LCU), per unit of GDP in Belize, year by year

Year constant LCU per US$ of GDP Change
1980 4.05 constant LCU per US$ of GDP —
1981 3.45 constant LCU per US$ of GDP -14.7%
1982 3.62 constant LCU per US$ of GDP +4.8%
1983 3.25 constant LCU per US$ of GDP -10.1%
1984 2.83 constant LCU per US$ of GDP -13.2%
1985 2.71 constant LCU per US$ of GDP -4.0%
1986 2.43 constant LCU per US$ of GDP -10.5%
1987 2.4 constant LCU per US$ of GDP -1.1%
1988 2.49 constant LCU per US$ of GDP +3.6%
1989 2.49 constant LCU per US$ of GDP +0.3%
1990 2.41 constant LCU per US$ of GDP -3.3%
1991 2.5 constant LCU per US$ of GDP +3.6%
1992 3.09 constant LCU per US$ of GDP +23.6%
1993 3.02 constant LCU per US$ of GDP -2.3%
1994 2.88 constant LCU per US$ of GDP -4.6%
1995 2.83 constant LCU per US$ of GDP -1.6%
1996 2.73 constant LCU per US$ of GDP -3.6%
1997 2.72 constant LCU per US$ of GDP -0.2%
1998 2.7 constant LCU per US$ of GDP -0.8%
1999 2.82 constant LCU per US$ of GDP +4.4%
2000 2.79 constant LCU per US$ of GDP -1.1%
2001 2.81 constant LCU per US$ of GDP +0.7%
2002 2.78 constant LCU per US$ of GDP -1.1%
2003 2.66 constant LCU per US$ of GDP -4.4%
2004 2.45 constant LCU per US$ of GDP -7.7%
2005 2.35 constant LCU per US$ of GDP -4.4%
2006 2.14 constant LCU per US$ of GDP -8.8%
2007 2.08 constant LCU per US$ of GDP -2.9%
2008 2.14 constant LCU per US$ of GDP +3.1%
2009 2.06 constant LCU per US$ of GDP -3.6%
2010 2.02 constant LCU per US$ of GDP -2.3%
2011 1.88 constant LCU per US$ of GDP -6.6%
2012 1.9 constant LCU per US$ of GDP +0.7%
2013 1.9 constant LCU per US$ of GDP +0.2%
2014 1.92 constant LCU per US$ of GDP +1.2%
2015 1.95 constant LCU per US$ of GDP +1.2%
2016 1.97 constant LCU per US$ of GDP +1.3%
2017 1.89 constant LCU per US$ of GDP -3.9%
2018 1.94 constant LCU per US$ of GDP +2.6%
2019 1.94 constant LCU per US$ of GDP -0.2%
2020 1.96 constant LCU per US$ of GDP +1.3%
2021 1.96 constant LCU per US$ of GDP -0.3%
2022 1.8 constant LCU per US$ of GDP -7.9%
2023 1.71 constant LCU per US$ of GDP -5.5%
2024 1.69 constant LCU per US$ of GDP -0.7%

Belize compared with similar countries

  • Belize's 1.69 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 12.28 constant LCU per US$ of GDP, 14% of the median. (46 countries reporting)
  • Belize's 1.69 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 6.22 constant LCU per US$ of GDP, 27% of the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.97 constant LCU per US$ of GDP 2.4 constant LCU per US$ of GDP 4.05 constant LCU per US$ of GDP 10
1990s 2.77 constant LCU per US$ of GDP 2.41 constant LCU per US$ of GDP 3.09 constant LCU per US$ of GDP 10
2000s 2.42 constant LCU per US$ of GDP 2.06 constant LCU per US$ of GDP 2.81 constant LCU per US$ of GDP 10
2010s 1.93 constant LCU per US$ of GDP 1.88 constant LCU per US$ of GDP 2.02 constant LCU per US$ of GDP 10
2020s 1.83 constant LCU per US$ of GDP 1.69 constant LCU per US$ of GDP 1.96 constant LCU per US$ of GDP 5

Countries ranked near Belize

  1. 111 Peru 1.88 constant LCU per US$ of GDP compare
  2. 112 Zimbabwe 1.75 constant LCU per US$ of GDP compare
  3. 113 Papua New Guinea 1.72 constant LCU per US$ of GDP compare
  4. 115 Bosnia and Herzegovina 1.61 constant LCU per US$ of GDP compare
  5. 116 South Sudan 1.57 constant LCU per US$ of GDP compare
  6. 117 Romania 1.49 constant LCU per US$ of GDP compare

See the full ranking of 169 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is gross national expenditure (constant lcu), per unit of gdp in Belize?
Gross national expenditure (constant lcu), per unit of gdp in Belize was 1.69 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gross national expenditure (constant lcu), per unit of gdp recorded in Belize?
The highest recorded value was 4.05 constant LCU per US$ of GDP in 1980.
What is the lowest gross national expenditure (constant lcu), per unit of gdp recorded in Belize?
The lowest recorded value was 1.69 constant LCU per US$ of GDP in 2024.
How does Belize rank for gross national expenditure (constant lcu), per unit of gdp?
Belize ranks 114th out of 169 countries with data for 2024.
Is gross national expenditure (constant lcu), per unit of gdp rising or falling in Belize?
Over the last ten years it is down 12.0%. 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 Gross national expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross national expenditure (constant LCU), per unit of GDP in Belize. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-constant-lcu-per-unit-of-gdp/belize/

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How this figure is calculated

Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross national expenditure (constant LCU) ÷ GDP (current US$)

Computed from

  • Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
  • 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
Gross national expenditure (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
169 places, 7,008 data points, 1960–2025
Last refreshed

Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.