Goods and services expense in Belize
Belize: Goods and services expense was 214.78 million current LCU in 2017. ◆ Volatile
Goods and services expense in Belize, 1990–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Belize recorded 214.78 million current LCU for goods and services expense in 2017.
The figure is down 0.3% on the previous year and up 60.1% over ten years.
Over the whole period, goods and services expense in Belize peaked at 215.51 million current LCU in 2016 and was at its lowest, 26.50 million current LCU, in 1990.
That places Belize 144th out of 155 countries with data for 2017, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense in Belize, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 26.50 million current LCU | — |
| 1991 | 29.70 million current LCU | +12.1% |
| 1992 | 55.48 million current LCU | +86.8% |
| 1993 | 64.57 million current LCU | +16.4% |
| 1994 | 67.18 million current LCU | +4.0% |
| 1995 | 57.72 million current LCU | -14.1% |
| 1996 | 63.82 million current LCU | +10.6% |
| 1997 | 51.67 million current LCU | -19.0% |
| 1998 | 52.98 million current LCU | +2.5% |
| 1999 | 62.37 million current LCU | +17.7% |
| 2000 | 60.76 million current LCU | -2.6% |
| 2001 | 66.85 million current LCU | +10.0% |
| 2002 | 63.35 million current LCU | -5.2% |
| 2003 | 73.44 million current LCU | +15.9% |
| 2004 | 78.53 million current LCU | +6.9% |
| 2005 | 95.05 million current LCU | +21.0% |
| 2006 | 138.70 million current LCU | +45.9% |
| 2007 | 134.19 million current LCU | -3.3% |
| 2008 | 148.72 million current LCU | +10.8% |
| 2009 | 158.03 million current LCU | +6.3% |
| 2010 | 164.84 million current LCU | +4.3% |
| 2011 | 174.12 million current LCU | +5.6% |
| 2012 | 176.07 million current LCU | +1.1% |
| 2013 | 190.52 million current LCU | +8.2% |
| 2014 | 187.53 million current LCU | -1.6% |
| 2015 | 197.24 million current LCU | +5.2% |
| 2016 | 215.51 million current LCU | +9.3% |
| 2017 | 214.78 million current LCU | -0.3% |
Belize compared with similar countries
- Belize's 214.78 million current LCU is below the median for upper middle income countries, which is 38.49 billion current LCU, 1% of the median. (46 countries reporting)
- Belize's 214.78 million current LCU is below the median for Latin America & Caribbean, which is 14.98 billion current LCU, 1% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +86.8% | 29.70 million current LCU | 55.48 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 53.20 million current LCU | 26.50 million current LCU | 67.18 million current LCU | 10 |
| 2000s | 101.76 million current LCU | 60.76 million current LCU | 158.03 million current LCU | 10 |
| 2010s | 190.08 million current LCU | 164.84 million current LCU | 215.51 million current LCU | 8 |
Countries ranked near Belize
- 141 Bahrain 405.25 million current LCU compare
- 142 Samoa 340.86 million current LCU compare
- 143 Tonga 225.15 million current LCU compare
- 145 Saint Lucia 185.41 million current LCU compare
- 146 Saint Kitts and Nevis 180.80 million current LCU compare
- 147 San Marino 176.37 million current LCU compare
More public sector data for Belize
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is goods and services expense in Belize?
- Goods and services expense in Belize was 214.78 million current LCU in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Belize?
- The highest recorded value was 215.51 million current LCU in 2016.
- What is the lowest goods and services expense recorded in Belize?
- The lowest recorded value was 26.50 million current LCU in 1990.
- How does Belize rank for goods and services expense?
- Belize ranks 144th out of 155 countries with data for 2017.
- Is goods and services expense rising or falling in Belize?
- Over the last ten years it is up 60.1%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.