Military expenditure in Belize
Belize: Military expenditure was 60.28 million current LCU in 2024. ◆ Volatile
Military expenditure in Belize, 1978–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
In 2024, military expenditure in Belize stood at 60.28 million current LCU.
The figure is down 1.4% on the previous year and up 51.3% over ten years.
Over the whole period, military expenditure in Belize peaked at 61.13 million current LCU in 2023 and was at its lowest, 1.39 million current LCU, in 1978.
That places Belize 162nd out of 167 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 |
|---|---|---|---|---|
| 1970s | 1.82 million current LCU | 1.39 million current LCU | 2.26 million current LCU | 2 |
| 1980s | 5.75 million current LCU | 3.36 million current LCU | 8.71 million current LCU | 7 |
| 1990s | 13.56 million current LCU | 9.47 million current LCU | 18.79 million current LCU | 8 |
| 2000s | 22.64 million current LCU | 14.23 million current LCU | 37.44 million current LCU | 10 |
| 2010s | 39.18 million current LCU | 30.44 million current LCU | 48.85 million current LCU | 10 |
| 2020s | 56.50 million current LCU | 52.05 million current LCU | 61.13 million current LCU | 5 |
Countries ranked near Belize
- 159 Montenegro 138.70 million current LCU compare
- 160 Turkmenistan 116.40 million current LCU compare
- 161 Malta 101.00 million current LCU compare
- 163 East Timor 46.40 million current LCU compare
- 164 Liberia 33.83 million current LCU compare
- 165 Costa Rica 0 current LCU compare
- 165 Iceland 0 current LCU compare
- 165 Panama 0 current LCU compare
More public sector data for Belize
- Arms imports 1.00 million SIPRI trend indicator values (2023)
- Tax revenue 21.3% (2017)
- Taxes on income, profits and capital gains 24.4% (2017)
- Taxes on goods and services 48.1% (2017)
- Net investment in nonfinancial assets 3.3% (2017)
- Net lending (+) / net borrowing (-) -1.2% (2017)
- Interest payments 9.4% (2017)
- Grants and other revenue 12.7% (2017)
- Interest payments 10.3% (2017)
- Other taxes 0.6% (2017)
Frequently asked questions
- What is military expenditure in Belize?
- Military expenditure in Belize was 60.28 million current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Belize?
- The highest recorded value was 61.13 million current LCU in 2023.
- What is the lowest military expenditure recorded in Belize?
- The lowest recorded value was 1.39 million current LCU in 1978.
- How does Belize rank for military expenditure?
- Belize ranks 162nd out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Belize?
- Over the last ten years it is up 51.3%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Military expenditure in local currency at current prices (by calendar year)