General government final consumption expenditure in Belize
Belize: General government final consumption expenditure was 510.74 million current US$ 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 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$, in 1980.
Belize ranks 169th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 39.85 million current US$ | 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
- 166 Seychelles 598.42 million current US$ compare
- 167 Suriname 582.06 million current US$ compare
- 168 Eritrea 549.64 million current US$ compare
- 170 Sierra Leone 443.90 million current US$ compare
- 171 Curacao 441.06 million current US$ compare
- 172 Solomon Islands 414.81 million current US$ 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 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
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.