Military spending per armed forces personnel in Belize

Belize: Military spending per armed forces personnel was 15,394 constant 2024 US$ in 2020. ▲ Rising

Latest (2020)
15,394 constant 2024 US$
Change on year
up 6.4%
World rank
107th
of 160 countries
All-time high
23,489 constant 2024 US$
in 2008
All-time low
8,481 constant 2024 US$
in 1989
Years of data
31
1985–2020

Military spending per armed forces personnel in Belize, 1985–2020

05.0k10.0k15.0k20.0k25.0k1985200220201985: 11.5k constant 2024 US$1989: 8.5k constant 2024 US$1990: 9.0k constant 2024 US$1991: 8.9k constant 2024 US$1992: 9.7k constant 2024 US$1993: 11.1k constant 2024 US$1994: 13.9k constant 2024 US$1995: 12.5k constant 2024 US$1996: 11.7k constant 2024 US$1997: 14.3k constant 2024 US$2000: 9.5k constant 2024 US$2001: 9.7k constant 2024 US$2002: 9.7k constant 2024 US$2003: 10.4k constant 2024 US$2004: 11.9k constant 2024 US$2005: 13.6k constant 2024 US$2006: 16.8k constant 2024 US$2007: 18.4k constant 2024 US$2008: 23.5k constant 2024 US$2009: 20.9k constant 2024 US$2010: 18.4k constant 2024 US$2011: 18.2k constant 2024 US$2012: 17.7k constant 2024 US$2013: 20.6k constant 2024 US$2014: 22.8k constant 2024 US$2015: 15.9k constant 2024 US$2016: 17.4k constant 2024 US$2017: 13.7k constant 2024 US$2018: 18.5k constant 2024 US$2019: 14.5k constant 2024 US$2020: 15.4k constant 2024 US$

Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.

Analysis

The most recent figure for military spending per armed forces personnel in Belize is 15,394 constant 2024 US$, measured in 2020.

That represents a change of up 6.4% on the previous year and down 16.2% over ten years.

Over the whole period, military spending per armed forces personnel in Belize peaked at 23,489 constant 2024 US$ in 2008 and was at its lowest, 8,481 constant 2024 US$, in 1989.

That places Belize 107th out of 160 countries with data for 2020, putting it in the middle of the range.

The long-run direction has been consistently rising across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 9,975 constant 2024 US$ 8,481 constant 2024 US$ 11,470 constant 2024 US$ 2
1990s 11,378 constant 2024 US$ 8,875 constant 2024 US$ 14,276 constant 2024 US$ 8
2000s 14,431 constant 2024 US$ 9,549 constant 2024 US$ 23,489 constant 2024 US$ 10
2010s 17,760 constant 2024 US$ 13,717 constant 2024 US$ 22,782 constant 2024 US$ 10
2020s 15,394 constant 2024 US$ 15,394 constant 2024 US$ 15,394 constant 2024 US$ 1

Countries ranked near Belize

  1. 104 Zambia 15,998 constant 2024 US$ compare
  2. 105 Georgia 15,976 constant 2024 US$ compare
  3. 106 Thailand 15,664 constant 2024 US$ compare
  4. 108 Ghana 14,845 constant 2024 US$ compare
  5. 109 Vietnam 14,806 constant 2024 US$ compare
  6. 110 Indonesia 14,317 constant 2024 US$ compare

See the full ranking of 160 places →

More reference data data for Belize

All data for Belize →

Frequently asked questions

What is military spending per armed forces personnel in Belize?
Military spending per armed forces personnel in Belize was 15,394 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
What is the highest military spending per armed forces personnel recorded in Belize?
The highest recorded value was 23,489 constant 2024 US$ in 2008.
What is the lowest military spending per armed forces personnel recorded in Belize?
The lowest recorded value was 8,481 constant 2024 US$ in 1989.
How does Belize rank for military spending per armed forces personnel?
Belize ranks 107th out of 160 countries with data for 2020.
Is military spending per armed forces personnel rising or falling in Belize?
Over the last ten years it is down 16.2%. The long-run trend across the full record is rising.
Where does this Belize data come from?
The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.

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About this data

Indicator
Military spending per armed forces personnel
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 4,610 data points, 1985–2020
Last refreshed

Total military expenditure divided by armed forces personnel. 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.