Military expenditure in Belize
Belize: Military expenditure was 30.14 million current USD in 2024. ◆ Volatile
Military expenditure in Belize, 1978–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
The most recent figure for military expenditure in Belize is 30.14 million current USD, measured in 2024.
Compared with earlier readings it 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 30.57 million current USD in 2023 and was at its lowest, 695,125 current USD, in 1978.
That places Belize 156th 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 | 911,688 current USD | 695,125 current USD | 1.13 million current USD | 2 |
| 1980s | 2.87 million current USD | 1.68 million current USD | 4.36 million current USD | 7 |
| 1990s | 6.78 million current USD | 4.73 million current USD | 9.39 million current USD | 8 |
| 2000s | 11.32 million current USD | 7.12 million current USD | 18.72 million current USD | 10 |
| 2010s | 19.59 million current USD | 15.22 million current USD | 24.43 million current USD | 10 |
| 2020s | 28.25 million current USD | 26.03 million current USD | 30.57 million current USD | 5 |
Countries ranked near Belize
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 30.14 million current USD 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 30.57 million current USD in 2023.
- What is the lowest military expenditure recorded in Belize?
- The lowest recorded value was 695,125 current USD in 1978.
- How does Belize rank for military expenditure?
- Belize ranks 156th 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 USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)