General government final consumption expenditure in Belize

Belize: General government final consumption expenditure was 510.74 million current US$ in 2024. ◆ Volatile

Latest (2024)
510.74 million current US$
Change on year
up 5.8%
World rank
169th
of 186 countries
All-time high
510.74 million current US$
in 2024
All-time low
30.60 million current US$
in 1980
Years of data
45
1980–2024

General government final consumption expenditure in Belize, 1980–2024

0100.0M200.0M300.0M400.0M500.0M1980200220241980: 30.6M current US$1981: 32.4M current US$1982: 34.2M current US$1983: 36.2M current US$1984: 38.3M current US$1985: 40.5M current US$1986: 42.8M current US$1987: 45.2M current US$1988: 47.8M current US$1989: 50.6M current US$1990: 44.5M current US$1991: 49.7M current US$1992: 90.8M current US$1993: 95.7M current US$1994: 103.0M current US$1995: 110.4M current US$1996: 117.4M current US$1997: 132.4M current US$1998: 143.0M current US$1999: 150.3M current US$2000: 163.2M current US$2001: 176.1M current US$2002: 191.9M current US$2003: 202.7M current US$2004: 209.7M current US$2005: 214.5M current US$2006: 217.6M current US$2007: 244.9M current US$2008: 256.5M current US$2009: 272.7M current US$2010: 285.7M current US$2011: 298.3M current US$2012: 306.9M current US$2013: 334.9M current US$2014: 347.7M current US$2015: 376.8M current US$2016: 405.8M current US$2017: 426.5M current US$2018: 444.9M current US$2019: 448.1M current US$2020: 353.8M current US$2021: 403.8M current US$2022: 449.9M current US$2023: 482.9M current US$2024: 510.7M current US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

In 2024, general government final consumption expenditure in Belize stood at 510.74 million current US$. That is the highest value across all 45 years on record.

That represents a change of 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 510.74 million current US$ in 2024 and was at its lowest, 30.60 million current US$, in 1980.

Belize ranks 169th 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

DecadeAverage LowestHighest Years
1980s 39.85 million current US$ 30.60 million current US$ 50.58 million current US$ 10
1990s 103.72 million current US$ 44.46 million current US$ 150.34 million current US$ 10
2000s 214.99 million current US$ 163.17 million current US$ 272.71 million current US$ 10
2010s 367.58 million current US$ 285.74 million current US$ 448.10 million current US$ 10
2020s 440.23 million current US$ 353.80 million current US$ 510.74 million current US$ 5

Countries ranked near Belize

  1. 166 Seychelles 598.42 million current US$ compare
  2. 167 Suriname 582.06 million current US$ compare
  3. 168 Eritrea 549.64 million current US$ compare
  4. 170 Sierra Leone 443.90 million current US$ compare
  5. 171 Curacao 441.06 million current US$ compare
  6. 172 Solomon Islands 414.81 million current US$ compare

See the full ranking of 229 places →

More economy & growth data for Belize

All data for Belize →

Frequently asked questions

What is general government final consumption expenditure in Belize?
General government final consumption expenditure in Belize was 510.74 million current US$ 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 510.74 million current US$ in 2024.
What is the lowest general government final consumption expenditure recorded in Belize?
The lowest recorded value was 30.60 million current US$ in 1980.
How does Belize rank for general government final consumption expenditure?
Belize ranks 169th 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 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
General government final consumption expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
229 places, 11,047 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.