Military expenditure (current LCU) in Belize

Belize: Military expenditure (current LCU) was 66.63 million current LCU in 2025. ◆ Volatile

Latest (2025)
66.63 million current LCU
Change on year
down 5.3%
World rank
163rd
of 168 countries
All-time high
70.37 million current LCU
in 2024
All-time low
4.16 million current LCU
in 1981
Years of data
43
1978–2025

Military expenditure in Belize, 1978–2025

020.0M40.0M60.0M80.0M1978200120251978: 1.4M current LCU1979: 2.3M current LCU1980: 3.4M current LCU1981: 4.2M current LCU1982: 5.2M current LCU1983: 5.8M current LCU1984: 6.5M current LCU1985: 6.5M current LCU1989: 8.7M current LCU1990: 9.5M current LCU1991: 9.5M current LCU1992: 10.6M current LCU1993: 12.3M current LCU1994: 15.8M current LCU1995: 16.1M current LCU1996: 15.9M current LCU1997: 18.8M current LCU2000: 14.2M current LCU2001: 14.9M current LCU2002: 15.7M current LCU2003: 17.1M current LCU2004: 19.0M current LCU2005: 21.4M current LCU2006: 24.6M current LCU2007: 27.5M current LCU2008: 37.4M current LCU2009: 34.5M current LCU2010: 30.7M current LCU2011: 30.8M current LCU2012: 30.4M current LCU2013: 35.6M current LCU2014: 39.8M current LCU2015: 39.4M current LCU2016: 43.4M current LCU2017: 46.1M current LCU2018: 46.7M current LCU2019: 48.8M current LCU2020: 52.1M current LCU2021: 53.4M current LCU2022: 55.6M current LCU2023: 65.0M current LCU2024: 70.4M current LCU2025: 66.6M current LCU

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

In 2025, military expenditure in Belize stood at 66.63 million current LCU.

The figure is down 5.3% on the previous year and up 69.0% over ten years.

Over the whole period, military expenditure in Belize peaked at 70.37 million current LCU in 2024 and was at its lowest, 4.16 million current LCU, in 1981.

That places Belize 163rd out of 168 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current LCU) in Belize, year by year

Annual values for Military expenditure (current LCU) in Belize, 1978 to 2025.
Year current LCU Change
1978 1.39 million current LCU —
1979 2.26 million current LCU +62.3%
1980 3.36 million current LCU +49.1%
1981 4.16 million current LCU +23.6%
1982 5.15 million current LCU +23.9%
1983 5.80 million current LCU +12.5%
1984 6.51 million current LCU +12.3%
1985 6.53 million current LCU +0.2%
1989 8.71 million current LCU +33.5%
1990 9.54 million current LCU +9.5%
1991 9.47 million current LCU -0.8%
1992 10.58 million current LCU +11.8%
1993 12.26 million current LCU +15.8%
1994 15.80 million current LCU +28.9%
1995 16.11 million current LCU +1.9%
1996 15.93 million current LCU -1.1%
1997 18.79 million current LCU +17.9%
2000 14.23 million current LCU -24.3%
2001 14.91 million current LCU +4.8%
2002 15.66 million current LCU +5.0%
2003 17.10 million current LCU +9.2%
2004 18.97 million current LCU +10.9%
2005 21.42 million current LCU +12.9%
2006 24.57 million current LCU +14.7%
2007 27.52 million current LCU +12.0%
2008 37.44 million current LCU +36.0%
2009 34.54 million current LCU -7.7%
2010 30.67 million current LCU -11.2%
2011 30.83 million current LCU +0.5%
2012 30.44 million current LCU -1.3%
2013 35.56 million current LCU +16.8%
2014 39.83 million current LCU +12.0%
2015 39.44 million current LCU -1.0%
2016 43.43 million current LCU +10.1%
2017 46.11 million current LCU +6.2%
2018 46.68 million current LCU +1.2%
2019 48.85 million current LCU +4.6%
2020 52.05 million current LCU +6.6%
2021 53.41 million current LCU +2.6%
2022 55.61 million current LCU +4.1%
2023 64.98 million current LCU +16.9%
2024 70.37 million current LCU +8.3%
2025 66.63 million current LCU -5.3%

Belize compared with similar countries

  • Belize's 66.63 million current LCU is below the median for upper middle income countries, which is 55.44 billion current LCU, 0% of the median. (48 countries reporting)
  • Belize's 66.63 million current LCU is below the median for Latin America & Caribbean, which is 12.18 billion current LCU, 1% of the median. (24 countries reporting)

Averages by decade

DecadeAverage LowestHighest 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 60.51 million current LCU 52.05 million current LCU 70.37 million current LCU 6

Countries ranked near Belize

  1. 160 Kosovo 153.05 million current LCU compare
  2. 161 Turkmenistan 116.40 million current LCU compare
  3. 162 Malta 110.50 million current LCU compare
  4. 164 East Timor 47.92 million current LCU compare
  5. 165 Liberia 44.21 million current LCU compare
  6. 166 Costa Rica 0 current LCU
  7. 166 Iceland 0 current LCU
  8. 166 Panama 0 current LCU compare

See the full ranking of 168 places →

More public sector data for Belize

All data for Belize →

Frequently asked questions

What is military expenditure in Belize?
Military expenditure in Belize was 66.63 million current LCU in 2025, 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 70.37 million current LCU in 2024.
What is the lowest military expenditure recorded in Belize?
The lowest recorded value was 4.16 million current LCU in 1981.
How does Belize rank for military expenditure?
Belize ranks 163rd out of 168 countries with data for 2025.
Is military expenditure rising or falling in Belize?
Over the last ten years it is up 69.0%. 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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Military expenditure in Belize. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 November 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-lcu/belize/

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 8,396 data points, 1960–2025
Last refreshed

Military expenditure in local currency at current prices (by calendar year)