Military expenditure (current USD), annual growth rate in Belize

Belize: Military expenditure (current USD), annual growth rate was -1.4 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-1.4 % change on previous year
Change on year
down 114.1%
World rank
124th
of 164 countries
All-time high
62.31 % change on previous year
in 1979
All-time low
-11.18 % change on previous year
in 2010
Years of data
39
1979–2024

Military expenditure (current USD), annual growth rate in Belize, 1979–2024

-2002040601979200120241979: 62.3 % change on previous year1980: 49.1 % change on previous year1981: 23.6 % change on previous year1982: 23.9 % change on previous year1983: 12.5 % change on previous year1984: 12.3 % change on previous year1985: 0.211 % change on previous year1990: 9.5 % change on previous year1991: -0.752 % change on previous year1992: 11.8 % change on previous year1993: 15.8 % change on previous year1994: 28.9 % change on previous year1995: 1.9 % change on previous year1996: -1.1 % change on previous year1997: 17.9 % change on previous year2001: 4.8 % change on previous year2002: 5 % change on previous year2003: 9.2 % change on previous year2004: 10.9 % change on previous year2005: 12.9 % change on previous year2006: 14.7 % change on previous year2007: 12 % change on previous year2008: 36 % change on previous year2009: -7.7 % change on previous year2010: -11.2 % change on previous year2011: 0.515 % change on previous year2012: -1.3 % change on previous year2013: 16.8 % change on previous year2014: 12 % change on previous year2015: -1 % change on previous year2016: 10.1 % change on previous year2017: 6.2 % change on previous year2018: 1.2 % change on previous year2019: 4.6 % change on previous year2020: 6.6 % change on previous year2021: 2.6 % change on previous year2022: 4.1 % change on previous year2023: 9.9 % change on previous year2024: -1.4 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Belize recorded -1.4 % change on previous year for military expenditure (current usd), annual growth rate in 2024.

That represents a change of down 114.1% on the previous year and down 111.7% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Belize peaked at 62.31 % change on previous year in 1979 and was at its lowest, -11.18 % change on previous year, in 2010.

Belize ranks 124th of 164 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 62.31 % change on previous year 62.31 % change on previous year 62.31 % change on previous year 1
1980s 20.28 % change on previous year 0.2113 % change on previous year 49.08 % change on previous year 6
1990s 10.51 % change on previous year -1.08 % change on previous year 28.86 % change on previous year 8
2000s 10.87 % change on previous year -7.75 % change on previous year 36.04 % change on previous year 9
2010s 3.81 % change on previous year -11.18 % change on previous year 16.82 % change on previous year 10
2020s 4.36 % change on previous year -1.4 % change on previous year 9.93 % change on previous year 5

Countries ranked near Belize

  1. 121 Afghanistan -0.4743 % change on previous year compare
  2. 122 Korea -0.4824 % change on previous year compare
  3. 123 New Zealand -1.01 % change on previous year compare
  4. 125 South Africa -1.41 % change on previous year compare
  5. 126 Indonesia -1.92 % change on previous year compare
  6. 127 Rwanda -1.96 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Belize

All data for Belize →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Belize?
Military expenditure (current usd), annual growth rate in Belize was -1.4 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Belize?
The highest recorded value was 62.31 % change on previous year in 1979.
What is the lowest military expenditure (current usd), annual growth rate recorded in Belize?
The lowest recorded value was -11.18 % change on previous year in 2010.
How does Belize rank for military expenditure (current usd), annual growth rate?
Belize ranks 124th out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Belize?
Over the last ten years it is down 111.7%. The long-run trend across the full record is volatile.
Where does this Belize data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), annual growth rate in Belize. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/belize/

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How this figure is calculated

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.