Final consumption expenditure in Belize

Belize: Final consumption expenditure was 4.1% in 2024. ◆ Volatile

Latest (2024)
4.1%
Change on year
up 232.7%
World rank
63rd
of 175 countries
All-time high
62.1%
in 1992
All-time low
-17.5%
in 1981
Years of data
44
1981–2024

Final consumption expenditure in Belize, 1981–2024

-2002040601981200220241981: -17.5 annual % growth1982: 10.3 annual % growth1983: -6.6 annual % growth1984: -11.4 annual % growth1985: -4 annual % growth1986: -4.6 annual % growth1987: 15 annual % growth1988: 13.8 annual % growth1989: 10 annual % growth1990: 14.9 annual % growth1991: 8.8 annual % growth1992: 62.1 annual % growth1993: 3.1 annual % growth1994: 5 annual % growth1995: 3.1 annual % growth1996: 1.1 annual % growth1997: 3.1 annual % growth1998: 7.3 annual % growth1999: 7 annual % growth2000: 7.8 annual % growth2001: 7.2 annual % growth2002: 7.7 annual % growth2003: 4.1 annual % growth2004: -0.186 annual % growth2005: -1.2 annual % growth2006: -2.2 annual % growth2007: 3.7 annual % growth2008: 1.3 annual % growth2009: -1.5 annual % growth2010: 3.3 annual % growth2011: 1.3 annual % growth2012: 4.3 annual % growth2013: 5.4 annual % growth2014: 2.8 annual % growth2015: 4.1 annual % growth2016: 1.8 annual % growth2017: 0.154 annual % growth2018: 2.6 annual % growth2019: 3.5 annual % growth2020: -14.5 annual % growth2021: 16 annual % growth2022: 9.5 annual % growth2023: 1.2 annual % growth2024: 4.1 annual % growth

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.

Analysis

The most recent figure for final consumption expenditure in Belize is 4.1%, measured in 2024.

That represents a change of up 232.7% on the previous year and up 48.5% over ten years.

Over the whole period, final consumption expenditure in Belize peaked at 62.1% in 1992 and was at its lowest, -17.5%, in 1981.

Belize ranks 63rd of 175 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.5% -17.5% 15.0% 9
1990s 11.6% 1.1% 62.1% 10
2000s 2.7% -2.2% 7.8% 10
2010s 2.9% 0.2% 5.4% 10
2020s 3.3% -14.5% 16.0% 5

Countries ranked near Belize

  1. 60 Palestine 4.2% compare
  2. 61 Colombia 4.2% compare
  3. 62 Gambia 4.1% compare
  4. 64 Malta 4.0% compare
  5. 65 Eswatini 4.0% compare
  6. 66 Paraguay 4.0% compare

See the full ranking of 217 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is final consumption expenditure in Belize?
Final consumption expenditure in Belize was 4.1% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest final consumption expenditure recorded in Belize?
The highest recorded value was 62.1% in 1992.
What is the lowest final consumption expenditure recorded in Belize?
The lowest recorded value was -17.5% in 1981.
How does Belize rank for final consumption expenditure?
Belize ranks 63rd out of 175 countries with data for 2024.
Is final consumption expenditure rising or falling in Belize?
Over the last ten years it is up 48.5%. 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 Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.

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About this data

Indicator
Final consumption expenditure (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
217 places, 9,083 data points, 1961–2025
Last refreshed

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.