Belize: Military expenditure (% of GDP)
In , Belize's Military expenditure (% of GDP) was 0.90.
That's down 9.5% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Belize ranks #117 globally out of 147 reporting countries. Within Latin America & Caribbean, it ranks #13 of 20.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 1.27
- Trough
- 0.75
- 1-year change
- -9.5%
- 5-year change
- -11.6%
- -2.4% / yr
- 10-year change
- -3.5%
- -0.4% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 0.8989 | |
| 0.9929 | |
| 0.9792 | |
| 1.0975 | |
| 1.2662 | |
| 1.0166 | |
| 1.0113 | |
| 1.0107 | |
| 0.9628 | |
| 0.8928 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was Belize's Military expenditure (% of GDP) in 2024?
- In 2024, Belize's Military expenditure (% of GDP) was 0.90, according to World Bank Open Data.
- Is Belize's Military expenditure (% of GDP) rising or falling?
- Belize's Military expenditure (% of GDP) fell 9.5% from 2023 to 2024.
- How does Belize rank globally on Military expenditure (% of GDP)?
- In 2024, Belize ranked #117 out of 147 countries reporting Military expenditure (% of GDP).
- How does Belize's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Belize is below the world average. Within Latin America & Caribbean, it ranks #13 of 20.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.