Gross national expenditure in Belize
Belize: Gross national expenditure was 3.20 billion current US$ in 2024. ◆ Volatile
Gross national expenditure in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross national expenditure in Belize is 3.20 billion current US$, measured in 2024. That is the highest value across all 45 years on record.
That represents a change of 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 3.20 billion current US$ in 2024 and was at its lowest, 169.35 million current US$, in 1982.
Belize ranks 171st of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Belize, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | 173.22 million current US$ | — |
| 1981 | 184.69 million current US$ | +6.6% |
| 1982 | 169.35 million current US$ | -8.3% |
| 1983 | 171.15 million current US$ | +1.1% |
| 1984 | 181.56 million current US$ | +6.1% |
| 1985 | 187.49 million current US$ | +3.3% |
| 1986 | 186.33 million current US$ | -0.6% |
| 1987 | 222.95 million current US$ | +19.7% |
| 1988 | 263.94 million current US$ | +18.4% |
| 1989 | 323.51 million current US$ | +22.6% |
| 1990 | 361.80 million current US$ | +11.8% |
| 1991 | 414.18 million current US$ | +14.5% |
| 1992 | 652.84 million current US$ | +57.6% |
| 1993 | 707.00 million current US$ | +8.3% |
| 1994 | 699.94 million current US$ | -1.0% |
| 1995 | 758.40 million current US$ | +8.4% |
| 1996 | 791.40 million current US$ | +4.4% |
| 1997 | 873.84 million current US$ | +10.4% |
| 1998 | 930.21 million current US$ | +6.5% |
| 1999 | 1.03 billion current US$ | +10.6% |
| 2000 | 1.18 billion current US$ | +15.0% |
| 2001 | 1.21 billion current US$ | +2.5% |
| 2002 | 1.30 billion current US$ | +7.0% |
| 2003 | 1.33 billion current US$ | +2.6% |
| 2004 | 1.37 billion current US$ | +3.0% |
| 2005 | 1.43 billion current US$ | +4.0% |
| 2006 | 1.46 billion current US$ | +2.0% |
| 2007 | 1.56 billion current US$ | +7.4% |
| 2008 | 1.70 billion current US$ | +8.7% |
| 2009 | 1.59 billion current US$ | -6.1% |
| 2010 | 1.65 billion current US$ | +3.3% |
| 2011 | 1.64 billion current US$ | -0.2% |
| 2012 | 1.74 billion current US$ | +6.0% |
| 2013 | 1.91 billion current US$ | +9.9% |
| 2014 | 2.06 billion current US$ | +7.5% |
| 2015 | 2.09 billion current US$ | +1.7% |
| 2016 | 2.17 billion current US$ | +4.0% |
| 2017 | 2.14 billion current US$ | -1.6% |
| 2018 | 2.24 billion current US$ | +4.6% |
| 2019 | 2.32 billion current US$ | +3.9% |
| 2020 | 2.02 billion current US$ | -13.2% |
| 2021 | 2.46 billion current US$ | +21.8% |
| 2022 | 2.86 billion current US$ | +16.2% |
| 2023 | 3.00 billion current US$ | +5.0% |
| 2024 | 3.20 billion current US$ | +6.7% |
Belize compared with similar countries
- Belize's 3.20 billion current US$ is below the median for upper middle income countries, which is 60.77 billion current US$, 5% of the median. (52 countries reporting)
- Belize's 3.20 billion current US$ is below the median for Latin America & Caribbean, which is 82.16 billion current US$, 4% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +57.6% | 414.18 million current US$ | 652.84 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 206.42 million current US$ | 169.35 million current US$ | 323.51 million current US$ | 10 |
| 1990s | 721.86 million current US$ | 361.80 million current US$ | 1.03 billion current US$ | 10 |
| 2000s | 1.41 billion current US$ | 1.18 billion current US$ | 1.70 billion current US$ | 10 |
| 2010s | 2.00 billion current US$ | 1.64 billion current US$ | 2.32 billion current US$ | 10 |
| 2020s | 2.71 billion current US$ | 2.02 billion current US$ | 3.20 billion current US$ | 5 |
Countries ranked near Belize
- 168 Papua New Guinea 3.41 billion current US$ compare
- 169 Cape Verde 3.40 billion current US$ compare
- 170 East Timor 3.25 billion current US$ compare
- 172 Guinea-Bissau 2.86 billion current US$ compare
- 173 Eritrea 2.84 billion current US$ compare
- 174 Seychelles 2.70 billion current 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$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure in Belize?
- Gross national expenditure in Belize was 3.20 billion current US$ 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 3.20 billion current US$ in 2024.
- What is the lowest gross national expenditure recorded in Belize?
- The lowest recorded value was 169.35 million current US$ in 1982.
- How does Belize rank for gross national expenditure?
- Belize ranks 171st 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 US$). 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 indicator is expressed in United States dollars.