Belize: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Belize

Government spending as percent of GDP

 Latest value 16.12
 Year 2023
 Measure percent
 Data availability 1980 - 2023
 Average 15.63
 Min - Max 8.15 - 19.41
 Source The World Bank
The latest value from 2023 is 16.12 percent, an increase from 15.89 percent in 2022. In comparison, the world average is 16.14 percent, based on data from 130 countries. Historically, the average for Belize from 1980 to 2023 is 15.63 percent. The minimum value, 8.15 percent, was reached in 1990 while the maximum of 19.41 percent was recorded in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Belize - Government spending, percent of GDP - Recent values chart

Historical series
Belize - Government spending, percent of GDP - historical chart - 1980-2023




The government size of Belize and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 16.12 2023 percent
 Government spending, in dollars 0.48 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -1.90 2021 percent
 Government debt 74.50 2021 percent
 Tax revenue 21.34 2017 percent
 Commercial tax rate 31.10 2019 percent
 Tax preparation time 147 2019 hours
 Number of taxes 29 2019 taxes
 Taxes on goods and services 48.07 2017 percent
 Taxes on international trade 14.23 2017 percent
 Income and profits taxes 24.37 2017 percent
 Foreign aid 20.38 2022 million U.S. dollars
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