Final consumption expenditure in Belize
Belize: Final consumption expenditure was 2.57 billion current US$ in 2024. ◆ Volatile
Final consumption expenditure in Belize, 1980–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, final consumption expenditure in Belize stood at 2.57 billion current US$. That is the highest value across all 45 years on record.
That represents a change of up 5.9% on the previous year and up 52.0% over ten years.
Over the whole period, final consumption expenditure in Belize peaked at 2.57 billion current US$ in 2024 and was at its lowest, 127.08 million current US$, in 1980.
Belize ranks 169th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 150.84 million current US$ | 127.08 million current US$ | 214.36 million current US$ | 10 |
| 1990s | 562.77 million current US$ | 241.23 million current US$ | 815.75 million current US$ | 10 |
| 2000s | 1.14 billion current US$ | 885.38 million current US$ | 1.33 billion current US$ | 10 |
| 2010s | 1.67 billion current US$ | 1.38 billion current US$ | 1.92 billion current US$ | 10 |
| 2020s | 2.17 billion current US$ | 1.64 billion current US$ | 2.57 billion current US$ | 5 |
Countries ranked near Belize
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 2.57 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Belize?
- The highest recorded value was 2.57 billion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in Belize?
- The lowest recorded value was 127.08 million current US$ in 1980.
- How does Belize rank for final consumption expenditure?
- Belize ranks 169th out of 187 countries with data for 2024.
- Is final consumption expenditure rising or falling in Belize?
- Over the last ten years it is up 52.0%. 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 Offices (NSOs), published as part of Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.