General government final consumption expenditure in Belize
Belize: General government final consumption expenditure was 817.37 million constant LCU in 2024. ◆ Volatile
General government final consumption expenditure in Belize, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, general government final consumption expenditure in Belize stood at 817.37 million constant LCU.
Compared with earlier readings it is up 1.6% on the previous year and up 17.5% over ten years.
Over the whole period, general government final consumption expenditure in Belize peaked at 835.29 million constant LCU in 2019 and was at its lowest, 137.41 million constant LCU, in 1983.
That places Belize 165th out of 175 countries with data for 2024, putting it 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 | 148.50 million constant LCU | 137.41 million constant LCU | 166.15 million constant LCU | 10 |
| 1990s | 306.81 million constant LCU | 168.93 million constant LCU | 398.47 million constant LCU | 10 |
| 2000s | 510.95 million constant LCU | 429.63 million constant LCU | 588.96 million constant LCU | 10 |
| 2010s | 726.69 million constant LCU | 617.80 million constant LCU | 835.29 million constant LCU | 10 |
| 2020s | 756.75 million constant LCU | 633.79 million constant LCU | 817.37 million constant LCU | 5 |
Countries ranked near Belize
- 162 United States Virgin Islands 1.12 billion constant LCU compare
- 163 East Timor 966.11 million constant LCU compare
- 164 Montenegro 871.41 million constant LCU compare
- 166 Bermuda 800.20 million constant LCU compare
- 168 Sao Tome and Principe 465.70 million 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 general government final consumption expenditure in Belize?
- General government final consumption expenditure in Belize was 817.37 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Belize?
- The highest recorded value was 835.29 million constant LCU in 2019.
- What is the lowest general government final consumption expenditure recorded in Belize?
- The lowest recorded value was 137.41 million constant LCU in 1983.
- How does Belize rank for general government final consumption expenditure?
- Belize ranks 165th out of 175 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Belize?
- Over the last ten years it is up 17.5%. 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 General government final consumption expenditure (constant LCU). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.