Final consumption expenditure in Belize
Belize: Final consumption expenditure was 4.36 billion constant LCU in 2024. ▲ Rising
Final consumption expenditure in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Belize recorded 4.36 billion constant LCU for final consumption expenditure in 2024. That is the highest value across all 45 years on record.
That represents a change of up 4.1% on the previous year and up 28.9% over ten years.
Over the whole period, final consumption expenditure in Belize peaked at 4.36 billion constant LCU in 2024 and was at its lowest, 565.91 million constant LCU, in 1986.
That places Belize 167th out of 176 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 692.71 million constant LCU | 565.91 million constant LCU | 821.25 million constant LCU | 10 |
| 1990s | 1.70 billion constant LCU | 935.98 million constant LCU | 2.21 billion constant LCU | 10 |
| 2000s | 2.76 billion constant LCU | 2.38 billion constant LCU | 2.90 billion constant LCU | 10 |
| 2010s | 3.39 billion constant LCU | 2.95 billion constant LCU | 3.81 billion constant LCU | 10 |
| 2020s | 3.94 billion constant LCU | 3.26 billion constant LCU | 4.36 billion constant LCU | 5 |
Countries ranked near Belize
- 164 Montenegro 5.28 billion constant LCU compare
- 165 Tajikistan 4.98 billion constant LCU compare
- 166 Papua New Guinea 4.88 billion constant LCU compare
- 168 Bermuda 4.12 billion constant LCU compare
- 169 United States Virgin Islands 3.58 billion constant LCU compare
- 170 Samoa 2.29 billion constant LCU compare
More economy & growth data for Belize
- 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)
- Taxes less subsidies on products 481.82 million current US$ (2024)
- Net primary income (Net income from abroad) -329.10 million current LCU (2025)
- Net primary income (Net income from abroad) -164.55 million current US$ (2025)
- GNI per capita 14,953 current LCU (2025)
- GNI per capita, Atlas method 7,530 current US$ (2025)
- GNI 6.32 billion current LCU (2025)
Frequently asked questions
- What is final consumption expenditure in Belize?
- Final consumption expenditure in Belize was 4.36 billion constant LCU 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 4.36 billion constant LCU in 2024.
- What is the lowest final consumption expenditure recorded in Belize?
- The lowest recorded value was 565.91 million constant LCU in 1986.
- How does Belize rank for final consumption expenditure?
- Belize ranks 167th out of 176 countries with data for 2024.
- Is final consumption expenditure rising or falling in Belize?
- Over the last ten years it is up 28.9%. 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 Final consumption expenditure (constant LCU). 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
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.