Gross national expenditure in Belize
Belize: Gross national expenditure was 100.0% in 2024. ▲ Rising
Gross national expenditure in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross national expenditure in Belize stood at 100.0%.
The figure is up 1.6% on the previous year and up 4.0% over ten years.
Over the whole period, gross national expenditure in Belize peaked at 104.3% in 2002 and was at its lowest, 59.8%, in 1986.
Belize ranks 111th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Gross national expenditure in Belize, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 67.3% | — |
| 1981 | 70.8% | +5.2% |
| 1982 | 68.1% | -3.8% |
| 1983 | 65.3% | -4.2% |
| 1984 | 62.5% | -4.2% |
| 1985 | 65.3% | +4.4% |
| 1986 | 59.8% | -8.3% |
| 1987 | 60.1% | +0.4% |
| 1988 | 62.6% | +4.2% |
| 1989 | 65.9% | +5.2% |
| 1990 | 66.2% | +0.5% |
| 1991 | 69.4% | +4.9% |
| 1992 | 93.8% | +35.2% |
| 1993 | 94.0% | +0.2% |
| 1994 | 90.7% | -3.5% |
| 1995 | 92.6% | +2.2% |
| 1996 | 93.1% | +0.5% |
| 1997 | 100.1% | +7.6% |
| 1998 | 100.1% | +0.0% |
| 1999 | 102.9% | +2.8% |
| 2000 | 104.0% | +1.0% |
| 2001 | 103.5% | -0.5% |
| 2002 | 104.3% | +0.8% |
| 2003 | 101.8% | -2.4% |
| 2004 | 98.0% | -3.8% |
| 2005 | 96.7% | -1.2% |
| 2006 | 91.5% | -5.4% |
| 2007 | 91.6% | +0.1% |
| 2008 | 97.7% | +6.6% |
| 2009 | 94.4% | -3.3% |
| 2010 | 94.1% | -0.3% |
| 2011 | 89.7% | -4.7% |
| 2012 | 90.9% | +1.3% |
| 2013 | 94.0% | +3.5% |
| 2014 | 96.2% | +2.3% |
| 2015 | 95.3% | -0.9% |
| 2016 | 97.1% | +1.9% |
| 2017 | 94.4% | -2.7% |
| 2018 | 97.9% | +3.7% |
| 2019 | 97.6% | -0.3% |
| 2020 | 98.6% | +1.0% |
| 2021 | 101.3% | +2.7% |
| 2022 | 100.5% | -0.8% |
| 2023 | 98.4% | -2.0% |
| 2024 | 100.0% | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 64.8% | 59.8% | 70.8% | 10 |
| 1990s | 90.3% | 66.2% | 102.9% | 10 |
| 2000s | 98.3% | 91.5% | 104.3% | 10 |
| 2010s | 94.7% | 89.7% | 97.9% | 10 |
| 2020s | 99.8% | 98.4% | 101.3% | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0659 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 506.5 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.1319 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 1,013 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0528 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 414.99 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 841.18 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 6.13 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure in Belize?
- Gross national expenditure in Belize was 100.0% 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 104.3% in 2002.
- What is the lowest gross national expenditure recorded in Belize?
- The lowest recorded value was 59.8% in 1986.
- How does Belize rank for gross national expenditure?
- Belize ranks 111th 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 4.0%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.