Expense in Belize

Belize: Expense was 22.3% in 2017. ▲ Rising

Latest (2017)
22.3%
Change on year
up 5.0%
World rank
101st
of 157 countries
All-time high
22.3%
in 2017
All-time low
12.6%
in 1990
Years of data
28
1990–2017

Expense in Belize, 1990–2017

051015201990200320171990: 12.6 % of GDP1991: 12.6 % of GDP1992: 13.6 % of GDP1993: 14.7 % of GDP1994: 15.9 % of GDP1995: 14.1 % of GDP1996: 14.1 % of GDP1997: 14.5 % of GDP1998: 14.3 % of GDP1999: 14.6 % of GDP2000: 13.1 % of GDP2001: 14.4 % of GDP2002: 14.2 % of GDP2003: 16.2 % of GDP2004: 19.2 % of GDP2005: 18.6 % of GDP2006: 19.5 % of GDP2007: 17.9 % of GDP2008: 18.2 % of GDP2009: 19.8 % of GDP2010: 19.7 % of GDP2011: 19.9 % of GDP2012: 18.3 % of GDP2013: 18.9 % of GDP2014: 19.4 % of GDP2015: 20.6 % of GDP2016: 21.3 % of GDP2017: 22.3 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

The most recent figure for expense in Belize is 22.3%, measured in 2017. That is the highest value across all 28 years on record.

That represents a change of up 5.0% on the previous year and up 24.5% over ten years.

Over the whole period, expense in Belize peaked at 22.3% in 2017 and was at its lowest, 12.6%, in 1990.

That places Belize 101st out of 157 countries with data for 2017, putting it in the middle of the range.

The long-run direction has been consistently rising across the 28 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 14.1% 12.6% 15.9% 10
2000s 17.1% 13.1% 19.8% 10
2010s 20.1% 18.3% 22.3% 8

Countries ranked near Belize

  1. 98 Ghana 22.7% compare
  2. 99 Mexico 22.5% compare
  3. 100 Uzbekistan 22.3% compare
  4. 102 Bolivia 21.8% compare
  5. 103 Argentina 21.0% compare
  6. 104 Armenia 20.9% compare

See the full ranking of 183 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is expense in Belize?
Expense in Belize was 22.3% in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Belize?
The highest recorded value was 22.3% in 2017.
What is the lowest expense recorded in Belize?
The lowest recorded value was 12.6% in 1990.
How does Belize rank for expense?
Belize ranks 101st out of 157 countries with data for 2017.
Is expense rising or falling in Belize?
Over the last ten years it is up 24.5%. The long-run trend across the full record is rising.
Where does this Belize data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. 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.