Households and NPISHs final consumption expenditure in Belize
Belize: Households and NPISHs final consumption expenditure was 64.3% in 2024. ▲ Rising
Households and NPISHs final consumption expenditure in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, households and npishs final consumption expenditure in Belize stood at 64.3%.
The figure is up 1.0% on the previous year and up 2.4% over ten years.
Over the whole period, households and npishs final consumption expenditure in Belize peaked at 68.6% in 2003 and was at its lowest, 31.1%, in 1986.
That places Belize 92nd out of 190 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Households and NPISHs final consumption expenditure in Belize, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 37.5% | — |
| 1981 | 39.5% | +5.5% |
| 1982 | 40.2% | +1.8% |
| 1983 | 37.1% | -7.7% |
| 1984 | 32.2% | -13.3% |
| 1985 | 35.1% | +9.2% |
| 1986 | 31.1% | -11.5% |
| 1987 | 32.0% | +2.8% |
| 1988 | 33.0% | +3.1% |
| 1989 | 33.3% | +1.1% |
| 1990 | 36.0% | +7.9% |
| 1991 | 36.9% | +2.5% |
| 1992 | 57.8% | +56.7% |
| 1993 | 56.3% | -2.6% |
| 1994 | 59.0% | +4.9% |
| 1995 | 59.7% | +1.1% |
| 1996 | 61.1% | +2.4% |
| 1997 | 67.1% | +9.9% |
| 1998 | 68.1% | +1.5% |
| 1999 | 66.6% | -2.3% |
| 2000 | 63.5% | -4.7% |
| 2001 | 66.5% | +4.8% |
| 2002 | 68.3% | +2.7% |
| 2003 | 68.6% | +0.5% |
| 2004 | 66.3% | -3.3% |
| 2005 | 64.4% | -2.8% |
| 2006 | 60.6% | -6.0% |
| 2007 | 59.9% | -1.0% |
| 2008 | 61.9% | +3.3% |
| 2009 | 62.0% | +0.3% |
| 2010 | 62.3% | +0.4% |
| 2011 | 61.5% | -1.3% |
| 2012 | 61.8% | +0.4% |
| 2013 | 63.4% | +2.7% |
| 2014 | 62.8% | -1.0% |
| 2015 | 61.4% | -2.2% |
| 2016 | 61.0% | -0.7% |
| 2017 | 60.5% | -0.7% |
| 2018 | 61.9% | +2.3% |
| 2019 | 62.0% | +0.1% |
| 2020 | 62.9% | +1.5% |
| 2021 | 63.0% | +0.2% |
| 2022 | 64.5% | +2.3% |
| 2023 | 63.7% | -1.2% |
| 2024 | 64.3% | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 35.1% | 31.1% | 40.2% | 10 |
| 1990s | 56.9% | 36.0% | 68.1% | 10 |
| 2000s | 64.2% | 59.9% | 68.6% | 10 |
| 2010s | 61.9% | 60.5% | 63.4% | 10 |
| 2020s | 63.7% | 62.9% | 64.5% | 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)
- Final consumption expenditure (constant 2015 US$), per capita 5,119 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 6.67 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 7,682 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 6.67 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 2 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 15,365 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 4.18 % change on previous year (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure in Belize?
- Households and npishs final consumption expenditure in Belize was 64.3% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Belize?
- The highest recorded value was 68.6% in 2003.
- What is the lowest households and npishs final consumption expenditure recorded in Belize?
- The lowest recorded value was 31.1% in 1986.
- How does Belize rank for households and npishs final consumption expenditure?
- Belize ranks 92nd out of 190 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Belize?
- Over the last ten years it is up 2.4%. 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 Households and NPISHs final consumption expenditure (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. 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.