General government final consumption expenditure in Belize
Belize: General government final consumption expenditure was 1.02 billion current 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 current LCU.
Analysis
Belize recorded 1.02 billion current LCU for general government final consumption expenditure in 2024. That is the highest value across all 45 years on record.
The figure is up 5.8% on the previous year and up 46.9% over ten years.
Over the whole period, general government final consumption expenditure in Belize peaked at 1.02 billion current LCU in 2024 and was at its lowest, 61.20 million current LCU, in 1980.
Belize ranks 177th of 186 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 | 79.70 million current LCU | 61.20 million current LCU | 101.16 million current LCU | 10 |
| 1990s | 207.43 million current LCU | 88.92 million current LCU | 300.68 million current LCU | 10 |
| 2000s | 429.99 million current LCU | 326.35 million current LCU | 545.41 million current LCU | 10 |
| 2010s | 735.15 million current LCU | 571.48 million current LCU | 896.20 million current LCU | 10 |
| 2020s | 880.46 million current LCU | 707.61 million current LCU | 1.02 billion current LCU | 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 general government final consumption expenditure in Belize?
- General government final consumption expenditure in Belize was 1.02 billion current 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 1.02 billion current LCU in 2024.
- What is the lowest general government final consumption expenditure recorded in Belize?
- The lowest recorded value was 61.20 million current LCU in 1980.
- How does Belize rank for general government final consumption expenditure?
- Belize ranks 177th out of 186 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Belize?
- Over the last ten years it is up 46.9%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.