Military expenditure (current USD), per unit of GDP in Belize

Belize: Military expenditure (current USD), per unit of GDP was 0.0094 current USD per US$ of GDP in 2024. ▲ Rising

Latest (2024)
0.0094 current USD per US$ of GDP
Change on year
down 6.1%
World rank
123rd
of 166 countries
All-time high
0.0127 current USD per US$ of GDP
in 2020
All-time low
0.0051 current USD per US$ of GDP
in 1978
Years of data
42
1978–2024

Military expenditure (current USD), per unit of GDP in Belize, 1978–2024

00.0050.010.0151978200120241978: 0.005 current USD per US$ of GDP1979: 0.007 current USD per US$ of GDP1980: 0.007 current USD per US$ of GDP1981: 0.008 current USD per US$ of GDP1982: 0.01 current USD per US$ of GDP1983: 0.011 current USD per US$ of GDP1984: 0.011 current USD per US$ of GDP1985: 0.011 current USD per US$ of GDP1989: 0.009 current USD per US$ of GDP1990: 0.009 current USD per US$ of GDP1991: 0.008 current USD per US$ of GDP1992: 0.008 current USD per US$ of GDP1993: 0.008 current USD per US$ of GDP1994: 0.01 current USD per US$ of GDP1995: 0.01 current USD per US$ of GDP1996: 0.009 current USD per US$ of GDP1997: 0.011 current USD per US$ of GDP2000: 0.006 current USD per US$ of GDP2001: 0.006 current USD per US$ of GDP2002: 0.006 current USD per US$ of GDP2003: 0.007 current USD per US$ of GDP2004: 0.007 current USD per US$ of GDP2005: 0.007 current USD per US$ of GDP2006: 0.008 current USD per US$ of GDP2007: 0.008 current USD per US$ of GDP2008: 0.011 current USD per US$ of GDP2009: 0.01 current USD per US$ of GDP2010: 0.009 current USD per US$ of GDP2011: 0.008 current USD per US$ of GDP2012: 0.008 current USD per US$ of GDP2013: 0.009 current USD per US$ of GDP2014: 0.009 current USD per US$ of GDP2015: 0.009 current USD per US$ of GDP2016: 0.01 current USD per US$ of GDP2017: 0.01 current USD per US$ of GDP2018: 0.01 current USD per US$ of GDP2019: 0.01 current USD per US$ of GDP2020: 0.013 current USD per US$ of GDP2021: 0.011 current USD per US$ of GDP2022: 0.01 current USD per US$ of GDP2023: 0.01 current USD per US$ of GDP2024: 0.009 current USD per US$ of GDP

Source: Statizoid (derived). Measured in current USD per US$ of GDP.

Analysis

In 2024, military expenditure (current usd), per unit of gdp in Belize stood at 0.0094 current USD per US$ of GDP.

The figure is down 6.1% on the previous year and up 1.0% over ten years.

Over the whole period, military expenditure (current usd), per unit of gdp in Belize peaked at 0.0127 current USD per US$ of GDP in 2020 and was at its lowest, 0.0051 current USD per US$ of GDP, in 1978.

That places Belize 123rd out of 166 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 42 years of available data.

Military expenditure (current USD), per unit of GDP in Belize, year by year

Annual values for Military expenditure (current USD), per unit of GDP in Belize, 1978 to 2024.
Year current USD per US$ of GDP Change
1978 0.0051 current USD per US$ of GDP
1979 0.0074 current USD per US$ of GDP +45.7%
1980 0.0065 current USD per US$ of GDP -12.1%
1981 0.008 current USD per US$ of GDP +22.0%
1982 0.0104 current USD per US$ of GDP +30.0%
1983 0.0111 current USD per US$ of GDP +6.7%
1984 0.0112 current USD per US$ of GDP +1.4%
1985 0.0114 current USD per US$ of GDP +1.3%
1989 0.0089 current USD per US$ of GDP -21.9%
1990 0.0087 current USD per US$ of GDP -1.7%
1991 0.0079 current USD per US$ of GDP -9.1%
1992 0.0076 current USD per US$ of GDP -4.1%
1993 0.0081 current USD per US$ of GDP +7.1%
1994 0.0102 current USD per US$ of GDP +25.6%
1995 0.0098 current USD per US$ of GDP -3.9%
1996 0.0094 current USD per US$ of GDP -4.8%
1997 0.0108 current USD per US$ of GDP +14.9%
2000 0.0063 current USD per US$ of GDP -41.9%
2001 0.0064 current USD per US$ of GDP +1.7%
2002 0.0063 current USD per US$ of GDP -1.0%
2003 0.0065 current USD per US$ of GDP +3.9%
2004 0.0068 current USD per US$ of GDP +3.6%
2005 0.0073 current USD per US$ of GDP +7.2%
2006 0.0077 current USD per US$ of GDP +6.3%
2007 0.0081 current USD per US$ of GDP +4.4%
2008 0.0108 current USD per US$ of GDP +33.5%
2009 0.0102 current USD per US$ of GDP -5.0%
2010 0.0088 current USD per US$ of GDP -14.3%
2011 0.0084 current USD per US$ of GDP -4.0%
2012 0.0079 current USD per US$ of GDP -5.7%
2013 0.0087 current USD per US$ of GDP +10.0%
2014 0.0093 current USD per US$ of GDP +6.6%
2015 0.009 current USD per US$ of GDP -3.5%
2016 0.0097 current USD per US$ of GDP +7.8%
2017 0.0102 current USD per US$ of GDP +4.9%
2018 0.0102 current USD per US$ of GDP +0.4%
2019 0.0103 current USD per US$ of GDP +0.5%
2020 0.0127 current USD per US$ of GDP +23.9%
2021 0.011 current USD per US$ of GDP -13.5%
2022 0.0098 current USD per US$ of GDP -11.2%
2023 0.01 current USD per US$ of GDP +2.5%
2024 0.0094 current USD per US$ of GDP -6.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0063 current USD per US$ of GDP 0.0051 current USD per US$ of GDP 0.0074 current USD per US$ of GDP 2
1980s 0.0096 current USD per US$ of GDP 0.0065 current USD per US$ of GDP 0.0114 current USD per US$ of GDP 7
1990s 0.0091 current USD per US$ of GDP 0.0076 current USD per US$ of GDP 0.0108 current USD per US$ of GDP 8
2000s 0.0076 current USD per US$ of GDP 0.0063 current USD per US$ of GDP 0.0108 current USD per US$ of GDP 10
2010s 0.0093 current USD per US$ of GDP 0.0079 current USD per US$ of GDP 0.0103 current USD per US$ of GDP 10
2020s 0.0106 current USD per US$ of GDP 0.0094 current USD per US$ of GDP 0.0127 current USD per US$ of GDP 5

Countries ranked near Belize

  1. 120 Nepal 0.0099 current USD per US$ of GDP compare
  2. 121 Austria 0.0098 current USD per US$ of GDP compare
  3. 122 Brazil 0.0096 current USD per US$ of GDP compare
  4. 124 Luxembourg 0.0093 current USD per US$ of GDP compare
  5. 125 Paraguay 0.0093 current USD per US$ of GDP compare
  6. 126 Trinidad and Tobago 0.0091 current USD per US$ of GDP compare

See the full ranking of 210 places →

More public sector data for Belize

All data for Belize →

Frequently asked questions

What is military expenditure (current usd), per unit of gdp in Belize?
Military expenditure (current usd), per unit of gdp in Belize was 0.0094 current USD per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), per unit of gdp recorded in Belize?
The highest recorded value was 0.0127 current USD per US$ of GDP in 2020.
What is the lowest military expenditure (current usd), per unit of gdp recorded in Belize?
The lowest recorded value was 0.0051 current USD per US$ of GDP in 1978.
How does Belize rank for military expenditure (current usd), per unit of gdp?
Belize ranks 123rd out of 166 countries with data for 2024.
Is military expenditure (current usd), per unit of gdp rising or falling in Belize?
Over the last ten years it is up 1.0%. The long-run trend across the full record is rising.
Where does this Belize data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), per unit of GDP in Belize. Statizoid, drawing on Statizoid (derived). Retrieved 23 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-unit-of-gdp/belize/

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How this figure is calculated

Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military expenditure (current USD) ÷ GDP (current US$)

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), per unit of GDP
Unit
current USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,381 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.