Military spending, gaps filled in Belize

Belize: Military spending, gaps filled was 32.86 million constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
32.86 million constant 2024 US$
Change on year
down 6.6%
World rank
150th
of 162 countries
All-time high
35.18 million constant 2024 US$
in 2024
All-time low
5.40 million constant 2024 US$
in 1981
Years of data
45
1981–2025

Military spending, gaps filled in Belize, 1981–2025

10.0M20.0M30.0M40.0M1981200320251981: 5.4M constant 2024 US$1982: 6.3M constant 2024 US$1983: 6.7M constant 2024 US$1984: 7.3M constant 2024 US$1985: 6.9M constant 2024 US$1986: 7.3M constant 2024 US$1987: 7.7M constant 2024 US$1988: 8.1M constant 2024 US$1989: 8.5M constant 2024 US$1990: 9.0M constant 2024 US$1991: 8.9M constant 2024 US$1992: 9.7M constant 2024 US$1993: 11.1M constant 2024 US$1994: 13.9M constant 2024 US$1995: 13.8M constant 2024 US$1996: 12.9M constant 2024 US$1997: 15.0M constant 2024 US$1998: 13.5M constant 2024 US$1999: 12.0M constant 2024 US$2000: 10.5M constant 2024 US$2001: 10.6M constant 2024 US$2002: 10.7M constant 2024 US$2003: 11.4M constant 2024 US$2004: 11.9M constant 2024 US$2005: 13.6M constant 2024 US$2006: 16.8M constant 2024 US$2007: 18.4M constant 2024 US$2008: 23.5M constant 2024 US$2009: 21.9M constant 2024 US$2010: 19.3M constant 2024 US$2011: 19.1M constant 2024 US$2012: 18.6M constant 2024 US$2013: 21.6M constant 2024 US$2014: 23.9M constant 2024 US$2015: 23.9M constant 2024 US$2016: 26.1M constant 2024 US$2017: 27.4M constant 2024 US$2018: 27.7M constant 2024 US$2019: 28.9M constant 2024 US$2020: 30.8M constant 2024 US$2021: 30.6M constant 2024 US$2022: 30.0M constant 2024 US$2023: 33.6M constant 2024 US$2024: 35.2M constant 2024 US$2025: 32.9M constant 2024 US$

Source: Statizoid (derived). Measured in constant 2024 US$.

Analysis

The most recent figure for military spending, gaps filled in Belize is 32.86 million constant 2024 US$, measured in 2025.

Compared with earlier readings it is down 6.6% on the previous year and up 37.5% over ten years.

Over the whole period, military spending, gaps filled in Belize peaked at 35.18 million constant 2024 US$ in 2024 and was at its lowest, 5.40 million constant 2024 US$, in 1981.

Belize ranks 150th of 162 countries on this measure, in the bottom quarter.

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

Military spending, gaps filled in Belize, year by year

Annual values for Military spending, gaps filled in Belize, 1981 to 2025.
Year constant 2024 US$ Change
1981 5.40 million constant 2024 US$
1982 6.27 million constant 2024 US$ +16.0%
1983 6.72 million constant 2024 US$ +7.2%
1984 7.30 million constant 2024 US$ +8.6%
1985 6.88 million constant 2024 US$ -5.7%
1986 7.28 million constant 2024 US$ +5.8%
1987 7.68 million constant 2024 US$ +5.5%
1988 8.08 million constant 2024 US$ +5.2%
1989 8.48 million constant 2024 US$ +4.9%
1990 9.01 million constant 2024 US$ +6.2%
1991 8.87 million constant 2024 US$ -1.5%
1992 9.69 million constant 2024 US$ +9.2%
1993 11.06 million constant 2024 US$ +14.2%
1994 13.90 million constant 2024 US$ +25.6%
1995 13.77 million constant 2024 US$ -0.9%
1996 12.86 million constant 2024 US$ -6.6%
1997 14.99 million constant 2024 US$ +16.6%
1998 13.49 million constant 2024 US$ -10.0%
1999 12.00 million constant 2024 US$ -11.1%
2000 10.50 million constant 2024 US$ -12.5%
2001 10.62 million constant 2024 US$ +1.1%
2002 10.70 million constant 2024 US$ +0.8%
2003 11.42 million constant 2024 US$ +6.8%
2004 11.90 million constant 2024 US$ +4.3%
2005 13.59 million constant 2024 US$ +14.2%
2006 16.78 million constant 2024 US$ +23.5%
2007 18.37 million constant 2024 US$ +9.5%
2008 23.49 million constant 2024 US$ +27.9%
2009 21.91 million constant 2024 US$ -6.7%
2010 19.29 million constant 2024 US$ -12.0%
2011 19.08 million constant 2024 US$ -1.1%
2012 18.59 million constant 2024 US$ -2.5%
2013 21.61 million constant 2024 US$ +16.2%
2014 23.92 million constant 2024 US$ +10.7%
2015 23.89 million constant 2024 US$ -0.1%
2016 26.13 million constant 2024 US$ +9.4%
2017 27.43 million constant 2024 US$ +5.0%
2018 27.70 million constant 2024 US$ +1.0%
2019 28.93 million constant 2024 US$ +4.4%
2020 30.79 million constant 2024 US$ +6.4%
2021 30.60 million constant 2024 US$ -0.6%
2022 29.98 million constant 2024 US$ -2.0%
2023 33.56 million constant 2024 US$ +11.9%
2024 35.18 million constant 2024 US$ +4.8%
2025 32.86 million constant 2024 US$ -6.6%

Belize compared with similar countries

  • Belize's 32.86 million constant 2024 US$ is below the median for upper middle income countries, which is 1.62 billion constant 2024 US$, 2% of the median. (46 countries reporting)
  • Belize's 32.86 million constant 2024 US$ is below the median for Latin America & Caribbean, which is 575.75 million constant 2024 US$, 6% of the median. (22 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 7.12 million constant 2024 US$ 5.40 million constant 2024 US$ 8.48 million constant 2024 US$ 9
1990s 11.96 million constant 2024 US$ 8.87 million constant 2024 US$ 14.99 million constant 2024 US$ 10
2000s 14.93 million constant 2024 US$ 10.50 million constant 2024 US$ 23.49 million constant 2024 US$ 10
2010s 23.66 million constant 2024 US$ 18.59 million constant 2024 US$ 28.93 million constant 2024 US$ 10
2020s 32.16 million constant 2024 US$ 29.98 million constant 2024 US$ 35.18 million constant 2024 US$ 6

Countries ranked near Belize

  1. 147 East Timor 47.50 million constant 2024 US$ compare
  2. 148 Liberia 40.26 million constant 2024 US$ compare
  3. 149 Lesotho 37.25 million constant 2024 US$ compare
  4. 151 Haiti 30.42 million constant 2024 US$ compare
  5. 152 Sierra Leone 29.53 million constant 2024 US$ compare
  6. 153 Seychelles 28.02 million constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Belize

All data for Belize →

Frequently asked questions

What is military spending, gaps filled in Belize?
Military spending, gaps filled in Belize was 32.86 million constant 2024 US$ in 2025, according to Statizoid (derived).
What is the highest military spending, gaps filled recorded in Belize?
The highest recorded value was 35.18 million constant 2024 US$ in 2024.
What is the lowest military spending, gaps filled recorded in Belize?
The lowest recorded value was 5.40 million constant 2024 US$ in 1981.
How does Belize rank for military spending, gaps filled?
Belize ranks 150th out of 162 countries with data for 2025.
Is military spending, gaps filled rising or falling in Belize?
Over the last ten years it is up 37.5%. 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, gaps filled. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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, gaps filled
Unit
constant 2024 US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
162 places, 8,449 data points, 1949–2025
Last refreshed

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.