Military spending in Belize
Belize: Military spending was 32.73 million constant 2022 US$ in 2023. ▲ Rising
Latest (2023)
32.73 million constant 2022 US$
Change on year
up 4.3%
World rank
161st
of 172 countries
All-time high
32.73 million constant 2022 US$
in 2023
All-time low
6.27 million constant 2022 US$
in 1981
Years of data
43
1981–2023
Military spending in Belize, 1981–2023
Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
In 2023, military spending in Belize stood at 32.73 million constant 2022 US$. 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 in Belize peaked at 32.73 million constant 2022 US$ in 2023 and was at its lowest, 6.27 million constant 2022 US$, in 1981.
Belize ranks 161st of 172 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 43 years of available data.
Military spending in Belize, year by year
| Year | constant 2022 US$ | Change |
|---|---|---|
| 1981 | 6.27 million constant 2022 US$ | — |
| 1982 | 6.30 million constant 2022 US$ | +0.5% |
| 1983 | 6.87 million constant 2022 US$ | +9.0% |
| 1984 | 7.60 million constant 2022 US$ | +10.7% |
| 1985 | 7.70 million constant 2022 US$ | +1.2% |
| 1986 | 9.32 million constant 2022 US$ | +21.1% |
| 1987 | 14.83 million constant 2022 US$ | +59.1% |
| 1988 | 13.12 million constant 2022 US$ | -11.5% |
| 1989 | 11.91 million constant 2022 US$ | -9.2% |
| 1990 | 11.58 million constant 2022 US$ | -2.8% |
| 1991 | 10.94 million constant 2022 US$ | -5.5% |
| 1992 | 11.35 million constant 2022 US$ | +3.7% |
| 1993 | 12.46 million constant 2022 US$ | +9.8% |
| 1994 | 15.04 million constant 2022 US$ | +20.7% |
| 1995 | 17.15 million constant 2022 US$ | +14.0% |
| 1996 | 17.66 million constant 2022 US$ | +3.0% |
| 1997 | 20.35 million constant 2022 US$ | +15.2% |
| 1998 | 22.51 million constant 2022 US$ | +10.6% |
| 1999 | 21.97 million constant 2022 US$ | -2.4% |
| 2000 | 19.77 million constant 2022 US$ | -10.0% |
| 2001 | 20.67 million constant 2022 US$ | +4.5% |
| 2002 | 20.16 million constant 2022 US$ | -2.5% |
| 2003 | 20.09 million constant 2022 US$ | -0.3% |
| 2004 | 21.32 million constant 2022 US$ | +6.1% |
| 2005 | 19.95 million constant 2022 US$ | -6.5% |
| 2006 | 20.43 million constant 2022 US$ | +2.4% |
| 2007 | 20.65 million constant 2022 US$ | +1.1% |
| 2008 | 21.19 million constant 2022 US$ | +2.6% |
| 2009 | 18.71 million constant 2022 US$ | -11.7% |
| 2010 | 19.19 million constant 2022 US$ | +2.6% |
| 2011 | 18.63 million constant 2022 US$ | -2.9% |
| 2012 | 19.43 million constant 2022 US$ | +4.3% |
| 2013 | 20.28 million constant 2022 US$ | +4.4% |
| 2014 | 22.03 million constant 2022 US$ | +8.6% |
| 2015 | 24.13 million constant 2022 US$ | +9.6% |
| 2016 | 24.63 million constant 2022 US$ | +2.0% |
| 2017 | 27.68 million constant 2022 US$ | +12.4% |
| 2018 | 28.55 million constant 2022 US$ | +3.2% |
| 2019 | 31.05 million constant 2022 US$ | +8.7% |
| 2020 | 31.90 million constant 2022 US$ | +2.7% |
| 2021 | 31.75 million constant 2022 US$ | -0.5% |
| 2022 | 31.37 million constant 2022 US$ | -1.2% |
| 2023 | 32.73 million constant 2022 US$ | +4.3% |
Belize compared with similar countries
- Belize's 32.73 million constant 2022 US$ is below the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 3% of the median. (49 countries reporting)
- Belize's 32.73 million constant 2022 US$ is below the median for Latin America & Caribbean, which is 509.92 million constant 2022 US$, 6% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where Military spending in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +59.1% | 9.32 million constant 2022 US$ | 14.83 million constant 2022 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.32 million constant 2022 US$ | 6.27 million constant 2022 US$ | 14.83 million constant 2022 US$ | 9 |
| 1990s | 16.10 million constant 2022 US$ | 10.94 million constant 2022 US$ | 22.51 million constant 2022 US$ | 10 |
| 2000s | 20.30 million constant 2022 US$ | 18.71 million constant 2022 US$ | 21.32 million constant 2022 US$ | 10 |
| 2010s | 23.56 million constant 2022 US$ | 18.63 million constant 2022 US$ | 31.05 million constant 2022 US$ | 10 |
| 2020s | 31.94 million constant 2022 US$ | 31.37 million constant 2022 US$ | 32.73 million constant 2022 US$ | 4 |
Countries ranked near Belize
- 158 Barbados 50.59 million constant 2022 US$ compare
- 159 Lesotho 44.77 million constant 2022 US$ compare
- 160 Liberia 39.49 million constant 2022 US$ compare
- 162 Bhutan 31.32 million constant 2022 US$ compare
- 163 Guinea-Bissau 29.97 million constant 2022 US$ compare
- 164 Mauritius 28.93 million constant 2022 US$ compare
More reference data data for Belize
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0139 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0337 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0813 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0041 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0813 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0467 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0206 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1856 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.399 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0225 (2050)
Frequently asked questions
- What is military spending in Belize?
- Military spending in Belize was 32.73 million constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Belize?
- The highest recorded value was 32.73 million constant 2022 US$ in 2023.
- What is the lowest military spending recorded in Belize?
- The lowest recorded value was 6.27 million constant 2022 US$ in 1981.
- How does Belize rank for military spending?
- Belize ranks 161st out of 172 countries with data for 2023.
- Is military spending 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 Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.