Belize vs Liberia: Military spending

Belize
32.73 million constant 2022 US$
in 2023
Liberia
39.49 million constant 2022 US$
in 2023
Belize rank
161st
Liberia rank
160th

Military spending over time

  • Belize
  • Liberia
020.0M40.0M60.0M80.0M192019712023

How they compare

Liberia currently reports 39.49 million constant 2022 US$ against 32.73 million constant 2022 US$ in Belize, a difference of 6.76 million constant 2022 US$.

That makes Liberia's figure about 1.2 times Belize's.

The two have swapped places 4 times across 43 shared years of data; in 1981 it was Liberia ahead.

Belize ranks 161st and Liberia ranks 160th of 172 countries.

Across the 5 decades both report, Belize averaged higher in 2 and Liberia in 3.

Head to head by decade

Decade Belize Liberia Difference Ahead
1980s 9.32 million constant 2022 US$ 70.25 million constant 2022 US$ 60.92 million constant 2022 US$ Liberia
1990s 16.10 million constant 2022 US$ 54.80 million constant 2022 US$ 38.70 million constant 2022 US$ Liberia
2000s 20.30 million constant 2022 US$ 14.26 million constant 2022 US$ 6.04 million constant 2022 US$ Belize
2010s 23.56 million constant 2022 US$ 19.30 million constant 2022 US$ 4.26 million constant 2022 US$ Belize
2020s 31.94 million constant 2022 US$ 32.06 million constant 2022 US$ 119,775 constant 2022 US$ Liberia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Belize or Liberia?
Liberia, at 39.49 million constant 2022 US$ against 32.73 million constant 2022 US$ in Belize as of 2023.
What is the difference in military spending between Belize and Liberia?
6.76 million constant 2022 US$, with Liberia ahead.
How many years of comparable data are there for Belize and Liberia?
43 years are reported by both, from 1981 to 2023.
How do Belize and Liberia rank globally for military spending?
Belize ranks 161st and Liberia ranks 160th of 172 countries.
Where does this data come from?
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belize vs Liberia: Military spending. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/belize/liberia/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.