Discrepancy in expenditure estimate of GDP in Belize

Belize: Discrepancy in expenditure estimate of GDP was -190.11 million constant LCU in 2024. ◆ Volatile

Latest (2024)
-190.11 million constant LCU
Change on year
up 35.8%
World rank
121st
of 153 countries
All-time high
293.41 million constant LCU
in 2017
All-time low
-296.26 million constant LCU
in 2023
Years of data
11
2014–2024

Discrepancy in expenditure estimate of GDP in Belize, 2014–2024

-200.0M0200.0M2014201920242014: -1.1M constant LCU2015: 222.9M constant LCU2016: 265.5M constant LCU2017: 293.4M constant LCU2018: -18.4M constant LCU2019: -3.0M constant LCU2020: 119.8M constant LCU2021: 97.1M constant LCU2022: 109.2M constant LCU2023: -296.3M constant LCU2024: -190.1M constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2024, discrepancy in expenditure estimate of gdp in Belize stood at -190.11 million constant LCU.

That represents a change of up 35.8% on the previous year and down 16,467.5% over ten years.

Over the whole period, discrepancy in expenditure estimate of gdp in Belize peaked at 293.41 million constant LCU in 2017 and was at its lowest, -296.26 million constant LCU, in 2023.

Belize ranks 121st of 153 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2010s 126.54 million constant LCU -18.41 million constant LCU 293.41 million constant LCU 6
2020s -32.05 million constant LCU -296.26 million constant LCU 119.76 million constant LCU 5

Countries ranked near Belize

  1. 118 Cyprus -110.64 million constant LCU compare
  2. 119 Tonga -110.96 million constant LCU compare
  3. 120 Palestine -118.60 million constant LCU compare
  4. 123 El Salvador -287.69 million constant LCU compare
  5. 124 Cote d'Ivoire -349.68 million constant LCU compare

See the full ranking of 153 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is discrepancy in expenditure estimate of gdp in Belize?
Discrepancy in expenditure estimate of gdp in Belize was -190.11 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest discrepancy in expenditure estimate of gdp recorded in Belize?
The highest recorded value was 293.41 million constant LCU in 2017.
What is the lowest discrepancy in expenditure estimate of gdp recorded in Belize?
The lowest recorded value was -296.26 million constant LCU in 2023.
How does Belize rank for discrepancy in expenditure estimate of gdp?
Belize ranks 121st out of 153 countries with data for 2024.
Is discrepancy in expenditure estimate of gdp rising or falling in Belize?
Over the last ten years it is down 16,467.5%. 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 Discrepancy in expenditure estimate of GDP (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Discrepancy in expenditure estimate of GDP (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 3,061 data points, 1960–2025
Last refreshed

Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in constant prices, meaning the underlying series have been adjusted to account for price changes over time. The reference year for this adjustment varies by country.