Final consumption expenditure in Belize
Belize: Final consumption expenditure was 80.2% in 2024. ▲ Rising
Final consumption expenditure in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, final consumption expenditure in Belize stood at 80.2%.
That represents a change of up 0.9% on the previous year and up 1.5% over ten years.
Over the whole period, final consumption expenditure in Belize peaked at 84.1% in 2003 and was at its lowest, 43.6%, in 1989.
Belize ranks 87th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 47.8% | 43.6% | 54.0% | 10 |
| 1990s | 69.7% | 44.1% | 83.5% | 10 |
| 2000s | 79.1% | 74.2% | 84.1% | 10 |
| 2010s | 79.2% | 77.8% | 81.4% | 10 |
| 2020s | 80.0% | 79.5% | 80.3% | 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 80.2% 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 84.1% in 2003.
- What is the lowest final consumption expenditure recorded in Belize?
- The lowest recorded value was 43.6% in 1989.
- How does Belize rank for final consumption expenditure?
- Belize ranks 87th 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 1.5%. 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 (% of GDP). 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 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.