Historical gov spending gdp in Belize
Belize: Historical gov spending gdp was 26.29 in 2024. ▲ Rising
Latest (2024)
26.29
Change on year
up 1.9%
World rank
94th
of 151 countries
All-time high
33.15
in 2020
All-time low
19.91
in 1996
Years of data
29
1996–2024
Historical gov spending gdp in Belize, 1996–2024
Source: Our World in Data.
Analysis
The most recent figure for historical gov spending gdp in Belize is 26.29, measured in 2024.
That represents a change of up 1.9% on the previous year and up 5.9% over ten years.
Over the whole period, historical gov spending gdp in Belize peaked at 33.15 in 2020 and was at its lowest, 19.91, in 1996.
That places Belize 94th out of 151 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Historical gov spending gdp in Belize, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 19.91 | — |
| 1997 | 19.93 | +0.1% |
| 1998 | 20.92 | +5.0% |
| 1999 | 23.59 | +12.8% |
| 2000 | 23.16 | -1.8% |
| 2001 | 25.86 | +11.6% |
| 2002 | 24.38 | -5.7% |
| 2003 | 24.56 | +0.7% |
| 2004 | 21.7 | -11.6% |
| 2005 | 21.4 | -1.4% |
| 2006 | 21.17 | -1.1% |
| 2007 | 22.06 | +4.2% |
| 2008 | 21.78 | -1.3% |
| 2009 | 23.18 | +6.4% |
| 2010 | 23.3 | +0.5% |
| 2011 | 23.47 | +0.7% |
| 2012 | 22.06 | -6.0% |
| 2013 | 23.81 | +7.9% |
| 2014 | 24.82 | +4.2% |
| 2015 | 27.95 | +12.6% |
| 2016 | 27.66 | -1.0% |
| 2017 | 27.67 | +0.0% |
| 2018 | 26.93 | -2.7% |
| 2019 | 27.53 | +2.2% |
| 2020 | 33.15 | +20.4% |
| 2021 | 25.73 | -22.4% |
| 2022 | 23.42 | -9.0% |
| 2023 | 25.79 | +10.1% |
| 2024 | 26.29 | +1.9% |
Belize compared with similar countries
- Belize's 26.29 is below the median for upper middle income countries, which is 30.92, 85% of the median. (44 countries reporting)
- Belize's 26.29 is below the median for Latin America & Caribbean, which is 27.1, 97% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.09 | 19.91 | 23.59 | 4 |
| 2000s | 22.92 | 21.17 | 25.86 | 10 |
| 2010s | 25.52 | 22.06 | 27.95 | 10 |
| 2020s | 26.88 | 23.42 | 33.15 | 5 |
Countries ranked near Belize
More economy & growth data for Belize
- Real gdp growth, annual growth rate 601 % change on previous year (2024)
- 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)
Frequently asked questions
- What is historical gov spending gdp in Belize?
- Historical gov spending gdp in Belize was 26.29 in 2024, according to Our World in Data.
- What is the highest historical gov spending gdp recorded in Belize?
- The highest recorded value was 33.15 in 2020.
- What is the lowest historical gov spending gdp recorded in Belize?
- The lowest recorded value was 19.91 in 1996.
- How does Belize rank for historical gov spending gdp?
- Belize ranks 94th out of 151 countries with data for 2024.
- Is historical gov spending gdp rising or falling in Belize?
- Over the last ten years it is up 5.9%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Our World in Data, published as part of Historical gov spending gdp. Statizoid updates them automatically from the source API.
Download this data
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