Military spending, annual growth rate in Belize

Belize: Military spending, annual growth rate was 4.34 % change on previous year in 2023. ◆ Volatile

Latest (2023)
4.34 % change on previous year
Change on year
up 465.6%
World rank
103rd
of 172 countries
All-time high
59.07 % change on previous year
in 1987
All-time low
-11.72 % change on previous year
in 2009
Years of data
42
1982–2023

Military spending, annual growth rate in Belize, 1982–2023

-2002040601982200220231982: 0.538 % change on previous year1983: 9 % change on previous year1984: 10.7 % change on previous year1985: 1.2 % change on previous year1986: 21.1 % change on previous year1987: 59.1 % change on previous year1988: -11.5 % change on previous year1989: -9.2 % change on previous year1990: -2.8 % change on previous year1991: -5.5 % change on previous year1992: 3.7 % change on previous year1993: 9.8 % change on previous year1994: 20.7 % change on previous year1995: 14 % change on previous year1996: 3 % change on previous year1997: 15.2 % change on previous year1998: 10.6 % change on previous year1999: -2.4 % change on previous year2000: -10 % change on previous year2001: 4.5 % change on previous year2002: -2.5 % change on previous year2003: -0.349 % change on previous year2004: 6.1 % change on previous year2005: -6.5 % change on previous year2006: 2.4 % change on previous year2007: 1.1 % change on previous year2008: 2.6 % change on previous year2009: -11.7 % change on previous year2010: 2.6 % change on previous year2011: -2.9 % change on previous year2012: 4.3 % change on previous year2013: 4.4 % change on previous year2014: 8.6 % change on previous year2015: 9.6 % change on previous year2016: 2 % change on previous year2017: 12.4 % change on previous year2018: 3.2 % change on previous year2019: 8.7 % change on previous year2020: 2.7 % change on previous year2021: -0.464 % change on previous year2022: -1.2 % change on previous year2023: 4.3 % change on previous year

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

Analysis

In 2023, military spending, annual growth rate in Belize stood at 4.34 % change on previous year.

That represents a change of up 465.6% on the previous year and down 1.7% over ten years.

Over the whole period, military spending, annual growth rate in Belize peaked at 59.07 % change on previous year in 1987 and was at its lowest, -11.72 % change on previous year, in 2009.

That places Belize 103rd out of 172 countries with data for 2023, putting it in the middle of the range.

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

Military spending, annual growth rate in Belize, year by year

Annual values for Military spending, annual growth rate in Belize, 1982 to 2023.
Year % change on previous year Change
1982 0.5377 % change on previous year
1983 8.99 % change on previous year +1572.1%
1984 10.69 % change on previous year +18.9%
1985 1.23 % change on previous year -88.5%
1986 21.1 % change on previous year +1612.0%
1987 59.07 % change on previous year +180.0%
1988 -11.53 % change on previous year -119.5%
1989 -9.24 % change on previous year -19.8%
1990 -2.75 % change on previous year -70.2%
1991 -5.47 % change on previous year +98.6%
1992 3.74 % change on previous year -168.5%
1993 9.78 % change on previous year +161.4%
1994 20.68 % change on previous year +111.4%
1995 14 % change on previous year -32.3%
1996 3.01 % change on previous year -78.5%
1997 15.22 % change on previous year +406.4%
1998 10.61 % change on previous year -30.3%
1999 -2.41 % change on previous year -122.7%
2000 -10 % change on previous year +315.4%
2001 4.53 % change on previous year -145.3%
2002 -2.45 % change on previous year -154.2%
2003 -0.3492 % change on previous year -85.8%
2004 6.13 % change on previous year -1855.4%
2005 -6.45 % change on previous year -205.3%
2006 2.43 % change on previous year -137.7%
2007 1.09 % change on previous year -55.2%
2008 2.62 % change on previous year +140.2%
2009 -11.72 % change on previous year -547.9%
2010 2.56 % change on previous year -121.8%
2011 -2.91 % change on previous year -213.8%
2012 4.27 % change on previous year -246.5%
2013 4.41 % change on previous year +3.3%
2014 8.6 % change on previous year +95.0%
2015 9.55 % change on previous year +11.0%
2016 2.05 % change on previous year -78.5%
2017 12.38 % change on previous year +504.5%
2018 3.17 % change on previous year -74.4%
2019 8.73 % change on previous year +175.7%
2020 2.74 % change on previous year -68.6%
2021 -0.464 % change on previous year -116.9%
2022 -1.19 % change on previous year +155.6%
2023 4.34 % change on previous year -465.6%

Belize compared with similar countries

  • Belize's 4.34 % change on previous year is below the median for upper middle income countries, which is 5.16 % change on previous year, 84% of the median. (49 countries reporting)
  • Belize's 4.34 % change on previous year is above the median for Latin America & Caribbean, which is 4.34 % change on previous year, 1.0× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2004 +1855.4% -0.3492 % change on previous year 6.13 % change on previous year
1986 +1612.0% 1.23 % change on previous year 21.1 % change on previous year
1983 +1572.1% 0.5377 % change on previous year 8.99 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1980s 10.11 % change on previous year -11.53 % change on previous year 59.07 % change on previous year 8
1990s 6.64 % change on previous year -5.47 % change on previous year 20.68 % change on previous year 10
2000s -1.42 % change on previous year -11.72 % change on previous year 6.13 % change on previous year 10
2010s 5.28 % change on previous year -2.91 % change on previous year 12.38 % change on previous year 10
2020s 1.36 % change on previous year -1.19 % change on previous year 4.34 % change on previous year 4

Countries ranked near Belize

  1. 100 Gambia 4.55 % change on previous year compare
  2. 101 Czechia 4.38 % change on previous year compare
  3. 102 Oman 4.37 % change on previous year compare
  4. 104 Ghana 4.15 % change on previous year compare
  5. 105 Angola 4.14 % change on previous year compare
  6. 106 Cyprus 4.12 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Belize

All data for Belize →

Frequently asked questions

What is military spending, annual growth rate in Belize?
Military spending, annual growth rate in Belize was 4.34 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Belize?
The highest recorded value was 59.07 % change on previous year in 1987.
What is the lowest military spending, annual growth rate recorded in Belize?
The lowest recorded value was -11.72 % change on previous year in 2009.
How does Belize rank for military spending, annual growth rate?
Belize ranks 103rd out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Belize?
Over the last ten years it is down 1.7%. 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 spending, annual growth rate. Statizoid updates them automatically from the source API.

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Military spending, annual growth rate in Belize. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/belize/

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How this figure is calculated

The year-on-year percentage change in Military spending. 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 spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

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