Military spending gmsd in Belize

Belize: Military spending gmsd was 32.73 million in 2023. ▲ Rising

Latest (2023)
32.73 million
Change on year
up 4.3%
World rank
161st
of 172 countries
All-time high
32.73 million
in 2023
All-time low
6.27 million
in 1981
Years of data
43
1981–2023

Military spending gmsd in Belize, 1981–2023

10.0M20.0M30.0M1981200220231981: 6.3M1982: 6.3M1983: 6.9M1984: 7.6M1985: 7.7M1986: 9.3M1987: 14.8M1988: 13.1M1989: 11.9M1990: 11.6M1991: 10.9M1992: 11.4M1993: 12.5M1994: 15.0M1995: 17.1M1996: 17.7M1997: 20.4M1998: 22.5M1999: 22.0M2000: 19.8M2001: 20.7M2002: 20.2M2003: 20.1M2004: 21.3M2005: 19.9M2006: 20.4M2007: 20.7M2008: 21.2M2009: 18.7M2010: 19.2M2011: 18.6M2012: 19.4M2013: 20.3M2014: 22.0M2015: 24.1M2016: 24.6M2017: 27.7M2018: 28.6M2019: 31.0M2020: 31.9M2021: 31.7M2022: 31.4M2023: 32.7M

Source: Our World in Data.

Analysis

In 2023, military spending gmsd in Belize stood at 32.73 million. That is the highest value across all 43 years on record.

The figure is up 4.3% on the previous year and up 61.4% over ten years.

Over the whole period, military spending gmsd in Belize peaked at 32.73 million in 2023 and was at its lowest, 6.27 million, in 1981.

Belize ranks 161st of 172 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 43 years of available data.

Military spending gmsd in Belize, year by year

Annual values for Military spending gmsd in Belize, 1981 to 2023.
Year Value Change
1981 6.27 million —
1982 6.30 million +0.5%
1983 6.87 million +9.0%
1984 7.60 million +10.7%
1985 7.70 million +1.2%
1986 9.32 million +21.1%
1987 14.83 million +59.1%
1988 13.12 million -11.5%
1989 11.91 million -9.2%
1990 11.58 million -2.8%
1991 10.94 million -5.5%
1992 11.35 million +3.7%
1993 12.46 million +9.8%
1994 15.04 million +20.7%
1995 17.15 million +14.0%
1996 17.66 million +3.0%
1997 20.35 million +15.2%
1998 22.51 million +10.6%
1999 21.97 million -2.4%
2000 19.77 million -10.0%
2001 20.67 million +4.5%
2002 20.16 million -2.5%
2003 20.09 million -0.3%
2004 21.32 million +6.1%
2005 19.95 million -6.5%
2006 20.43 million +2.4%
2007 20.65 million +1.1%
2008 21.19 million +2.6%
2009 18.71 million -11.7%
2010 19.19 million +2.6%
2011 18.63 million -2.9%
2012 19.43 million +4.3%
2013 20.28 million +4.4%
2014 22.03 million +8.6%
2015 24.13 million +9.6%
2016 24.63 million +2.0%
2017 27.68 million +12.4%
2018 28.55 million +3.2%
2019 31.05 million +8.7%
2020 31.90 million +2.7%
2021 31.75 million -0.5%
2022 31.37 million -1.2%
2023 32.73 million +4.3%

Belize compared with similar countries

  • Belize's 32.73 million is below the median for upper middle income countries, which is 1.25 billion, 3% of the median. (49 countries reporting)
  • Belize's 32.73 million is below the median for Latin America & Caribbean, which is 509.92 million, 6% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd 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
1987 +59.1% 9.32 million 14.83 million

Averages by decade

DecadeAverage LowestHighest Years
1980s 9.32 million 6.27 million 14.83 million 9
1990s 16.10 million 10.94 million 22.51 million 10
2000s 20.30 million 18.71 million 21.32 million 10
2010s 23.56 million 18.63 million 31.05 million 10
2020s 31.94 million 31.37 million 32.73 million 4

Countries ranked near Belize

  1. 158 Barbados 50.59 million compare
  2. 159 Lesotho 44.77 million compare
  3. 160 Liberia 39.49 million compare
  4. 162 Bhutan 31.32 million compare
  5. 163 Guinea-Bissau 29.97 million compare
  6. 164 Mauritius 28.93 million 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 gmsd in Belize?
Military spending gmsd in Belize was 32.73 million in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Belize?
The highest recorded value was 32.73 million in 2023.
What is the lowest military spending gmsd recorded in Belize?
The lowest recorded value was 6.27 million in 1981.
How does Belize rank for military spending gmsd?
Belize ranks 161st out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Belize?
Over the last ten years it is up 61.4%. The long-run trend across the full record is rising.
Where does this Belize data come from?
The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Belize. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/belize/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed