🇧🇿 Belize General government final consumption expenditure

Belize General government final consumption expenditure was $1.02B in 2024, up 5.8% from 2023, according to World Bank data. The 10-year average is $860.65M. Historical data available from 1980 to 2024 (45 data points). The all-time high was $1.02B in 2024.

Source: World Bank World Development Indicators • 1980202445 data pointsEconomy & Growth

Latest Value
$1.02B
2024
Year-on-Year
+5.8%
vs 2023
10-Year Average
$860.65M
20152024
Range
High: $1.02B (2024)
Low: $61.20M (1980)

Belize General government final consumption expenditure (current LCU)1980 to 2024

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About this Indicator

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.

Historical Data Table

YearValue
2024$1.02B
2023$965.78M
2022$899.77M
2021$807.67M
2020$707.61M
2019$896.20M
2018$889.81M
2017$853.01M
2016$811.58M
2015$753.64M

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