Government spending as share of GDP in Belize
Belize: Government spending as share of GDP was 26.3% in 2024. ▲ Rising
Government spending as share of GDP in Belize, 1996–2024
Source: International Monetary Fund (2025) – with minor processing by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for government spending as share of gdp in Belize is 26.3%, 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, government spending as share of gdp in Belize peaked at 33.2% in 2020 and was at its lowest, 19.9%, 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.1% | 19.9% | 23.6% | 4 |
| 2000s | 22.9% | 21.2% | 25.9% | 10 |
| 2010s | 25.5% | 22.1% | 27.9% | 10 |
| 2020s | 26.9% | 23.4% | 33.2% | 5 |
Countries ranked near Belize
More economy & growth data for Belize
- External balance on goods and services as a percent of GDP 1.5% (2024)
- Inflation of consumer prices 1.1% (2025)
- GDP per capita 6,374 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 6.6% (2024)
- Gross domestic product (GDP) 2.70 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,374 constant 2015 US$ (2025)
- DEC alternative conversion factor 2 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 299.82 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 149.91 million current US$ (2025)
- Taxes less subsidies on products 963.64 million current LCU (2024)
Frequently asked questions
- What is government spending as share of gdp in Belize?
- Government spending as share of gdp in Belize was 26.3% in 2024, according to International Monetary Fund (2025) – with minor processing by Our World in Data.
- What is the highest government spending as share of gdp recorded in Belize?
- The highest recorded value was 33.2% in 2020.
- What is the lowest government spending as share of gdp recorded in Belize?
- The lowest recorded value was 19.9% in 1996.
- How does Belize rank for government spending as share of gdp?
- Belize ranks 94th out of 151 countries with data for 2024.
- Is government spending as share of 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 International Monetary Fund (2025) – with minor processing by Our World in Data, published as part of Government spending as share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The sum of all the money spent by the government on goods and services, as a percentage of GDP. It includes interest paid on government debt.