Gross national expenditure (current LCU) in Belize
Belize: Gross national expenditure (current LCU) was 6.41 billion current LCU in 2024. ◆ Volatile
Gross national expenditure in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross national expenditure in Belize stood at 6.41 billion current LCU. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 6.7% on the previous year and up 55.8% over ten years.
Over the whole period, gross national expenditure in Belize peaked at 6.41 billion current LCU in 2024 and was at its lowest, 338.70 million current LCU, in 1982.
Belize ranks 178th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current LCU) in Belize, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 346.45 million current LCU | — |
| 1981 | 369.38 million current LCU | +6.6% |
| 1982 | 338.70 million current LCU | -8.3% |
| 1983 | 342.29 million current LCU | +1.1% |
| 1984 | 363.12 million current LCU | +6.1% |
| 1985 | 374.99 million current LCU | +3.3% |
| 1986 | 372.66 million current LCU | -0.6% |
| 1987 | 445.89 million current LCU | +19.7% |
| 1988 | 527.88 million current LCU | +18.4% |
| 1989 | 647.02 million current LCU | +22.6% |
| 1990 | 723.60 million current LCU | +11.8% |
| 1991 | 828.35 million current LCU | +14.5% |
| 1992 | 1.31 billion current LCU | +57.6% |
| 1993 | 1.41 billion current LCU | +8.3% |
| 1994 | 1.40 billion current LCU | -1.0% |
| 1995 | 1.52 billion current LCU | +8.4% |
| 1996 | 1.58 billion current LCU | +4.4% |
| 1997 | 1.75 billion current LCU | +10.4% |
| 1998 | 1.86 billion current LCU | +6.5% |
| 1999 | 2.06 billion current LCU | +10.6% |
| 2000 | 2.37 billion current LCU | +15.0% |
| 2001 | 2.43 billion current LCU | +2.5% |
| 2002 | 2.60 billion current LCU | +7.0% |
| 2003 | 2.66 billion current LCU | +2.6% |
| 2004 | 2.74 billion current LCU | +3.0% |
| 2005 | 2.85 billion current LCU | +4.0% |
| 2006 | 2.91 billion current LCU | +2.0% |
| 2007 | 3.13 billion current LCU | +7.4% |
| 2008 | 3.40 billion current LCU | +8.7% |
| 2009 | 3.19 billion current LCU | -6.1% |
| 2010 | 3.29 billion current LCU | +3.3% |
| 2011 | 3.28 billion current LCU | -0.2% |
| 2012 | 3.48 billion current LCU | +6.0% |
| 2013 | 3.83 billion current LCU | +9.9% |
| 2014 | 4.11 billion current LCU | +7.5% |
| 2015 | 4.18 billion current LCU | +1.7% |
| 2016 | 4.35 billion current LCU | +4.0% |
| 2017 | 4.28 billion current LCU | -1.6% |
| 2018 | 4.48 billion current LCU | +4.6% |
| 2019 | 4.65 billion current LCU | +3.9% |
| 2020 | 4.04 billion current LCU | -13.2% |
| 2021 | 4.92 billion current LCU | +21.8% |
| 2022 | 5.72 billion current LCU | +16.2% |
| 2023 | 6.01 billion current LCU | +5.0% |
| 2024 | 6.41 billion current LCU | +6.7% |
Belize compared with similar countries
- Belize's 6.41 billion current LCU is below the median for upper middle income countries, which is 1.71 trillion current LCU, 0% of the median. (52 countries reporting)
- Belize's 6.41 billion current LCU is below the median for Latin America & Caribbean, which is 1.10 trillion current LCU, 1% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure (current LCU) 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 | +57.6% | 828.35 million current LCU | 1.31 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 412.84 million current LCU | 338.70 million current LCU | 647.02 million current LCU | 10 |
| 1990s | 1.44 billion current LCU | 723.60 million current LCU | 2.06 billion current LCU | 10 |
| 2000s | 2.83 billion current LCU | 2.37 billion current LCU | 3.40 billion current LCU | 10 |
| 2010s | 3.99 billion current LCU | 3.28 billion current LCU | 4.65 billion current LCU | 10 |
| 2020s | 5.42 billion current LCU | 4.04 billion current LCU | 6.41 billion current LCU | 5 |
Countries ranked near Belize
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 6.41 billion current LCU 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 6.41 billion current LCU in 2024.
- What is the lowest gross national expenditure recorded in Belize?
- The lowest recorded value was 338.70 million current LCU in 1982.
- How does Belize rank for gross national expenditure?
- Belize ranks 178th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Belize?
- Over the last ten years it is up 55.8%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.