Statizoid

Military spending, per unit of GDP in Belize

Belize: Military spending, per unit of GDP was 0.0107 constant 2022 US$ per US$ of GDP in 2023. ▼ Falling

Latest (2023)
0.0107 constant 2022 US$ per US$ of GDP
Change on year
down 2.7%
World rank
130th
of 170 countries
All-time high
0.04 constant 2022 US$ per US$ of GDP
in 1987
All-time low
0.01 constant 2022 US$ per US$ of GDP
in 2013
Years of data
43
1981–2023

Military spending, per unit of GDP in Belize, 1981–2023

0.010.020.030.041981200220231981: 0.024 constant 2022 US$ per US$ of GDP1982: 0.025 constant 2022 US$ per US$ of GDP1983: 0.026 constant 2022 US$ per US$ of GDP1984: 0.026 constant 2022 US$ per US$ of GDP1985: 0.027 constant 2022 US$ per US$ of GDP1986: 0.03 constant 2022 US$ per US$ of GDP1987: 0.04 constant 2022 US$ per US$ of GDP1988: 0.031 constant 2022 US$ per US$ of GDP1989: 0.024 constant 2022 US$ per US$ of GDP1990: 0.021 constant 2022 US$ per US$ of GDP1991: 0.018 constant 2022 US$ per US$ of GDP1992: 0.016 constant 2022 US$ per US$ of GDP1993: 0.017 constant 2022 US$ per US$ of GDP1994: 0.019 constant 2022 US$ per US$ of GDP1995: 0.021 constant 2022 US$ per US$ of GDP1996: 0.021 constant 2022 US$ per US$ of GDP1997: 0.023 constant 2022 US$ per US$ of GDP1998: 0.024 constant 2022 US$ per US$ of GDP1999: 0.022 constant 2022 US$ per US$ of GDP2000: 0.017 constant 2022 US$ per US$ of GDP2001: 0.018 constant 2022 US$ per US$ of GDP2002: 0.016 constant 2022 US$ per US$ of GDP2003: 0.015 constant 2022 US$ per US$ of GDP2004: 0.015 constant 2022 US$ per US$ of GDP2005: 0.014 constant 2022 US$ per US$ of GDP2006: 0.013 constant 2022 US$ per US$ of GDP2007: 0.012 constant 2022 US$ per US$ of GDP2008: 0.012 constant 2022 US$ per US$ of GDP2009: 0.011 constant 2022 US$ per US$ of GDP2010: 0.011 constant 2022 US$ per US$ of GDP2011: 0.01 constant 2022 US$ per US$ of GDP2012: 0.01 constant 2022 US$ per US$ of GDP2013: 0.01 constant 2022 US$ per US$ of GDP2014: 0.01 constant 2022 US$ per US$ of GDP2015: 0.011 constant 2022 US$ per US$ of GDP2016: 0.011 constant 2022 US$ per US$ of GDP2017: 0.012 constant 2022 US$ per US$ of GDP2018: 0.012 constant 2022 US$ per US$ of GDP2019: 0.013 constant 2022 US$ per US$ of GDP2020: 0.016 constant 2022 US$ per US$ of GDP2021: 0.013 constant 2022 US$ per US$ of GDP2022: 0.011 constant 2022 US$ per US$ of GDP2023: 0.011 constant 2022 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

Belize recorded 0.0107 constant 2022 US$ per US$ of GDP for military spending, per unit of gdp in 2023.

Compared with earlier readings it is down 2.7% on the previous year and up 7.6% over ten years.

Over the whole period, military spending, per unit of gdp in Belize peaked at 0.04 constant 2022 US$ per US$ of GDP in 1987 and was at its lowest, 0.01 constant 2022 US$ per US$ of GDP, in 2013.

Belize ranks 130th of 170 countries on this measure, in the bottom quarter.

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

Military spending, per unit of GDP in Belize, year by year

Year constant 2022 US$ per US$ of GDP Change
1981 0.024 constant 2022 US$ per US$ of GDP —
1982 0.0254 constant 2022 US$ per US$ of GDP +5.5%
1983 0.0262 constant 2022 US$ per US$ of GDP +3.3%
1984 0.0262 constant 2022 US$ per US$ of GDP -0.1%
1985 0.0268 constant 2022 US$ per US$ of GDP +2.3%
1986 0.0299 constant 2022 US$ per US$ of GDP +11.7%
1987 0.04 constant 2022 US$ per US$ of GDP +33.5%
1988 0.0311 constant 2022 US$ per US$ of GDP -22.1%
1989 0.0242 constant 2022 US$ per US$ of GDP -22.1%
1990 0.0212 constant 2022 US$ per US$ of GDP -12.7%
1991 0.0183 constant 2022 US$ per US$ of GDP -13.4%
1992 0.0163 constant 2022 US$ per US$ of GDP -11.0%
1993 0.0166 constant 2022 US$ per US$ of GDP +1.5%
1994 0.0195 constant 2022 US$ per US$ of GDP +17.6%
1995 0.0209 constant 2022 US$ per US$ of GDP +7.5%
1996 0.0208 constant 2022 US$ per US$ of GDP -0.8%
1997 0.0233 constant 2022 US$ per US$ of GDP +12.2%
1998 0.0242 constant 2022 US$ per US$ of GDP +3.9%
1999 0.022 constant 2022 US$ per US$ of GDP -9.3%
2000 0.0174 constant 2022 US$ per US$ of GDP -20.9%
2001 0.0176 constant 2022 US$ per US$ of GDP +1.5%
2002 0.0162 constant 2022 US$ per US$ of GDP -8.1%
2003 0.0154 constant 2022 US$ per US$ of GDP -5.3%
2004 0.0152 constant 2022 US$ per US$ of GDP -0.8%
2005 0.0135 constant 2022 US$ per US$ of GDP -11.2%
2006 0.0128 constant 2022 US$ per US$ of GDP -5.0%
2007 0.0121 constant 2022 US$ per US$ of GDP -5.8%
2008 0.0122 constant 2022 US$ per US$ of GDP +0.7%
2009 0.0111 constant 2022 US$ per US$ of GDP -9.1%
2010 0.011 constant 2022 US$ per US$ of GDP -1.0%
2011 0.0102 constant 2022 US$ per US$ of GDP -7.3%
2012 0.0101 constant 2022 US$ per US$ of GDP -0.4%
2013 0.01 constant 2022 US$ per US$ of GDP -1.6%
2014 0.0103 constant 2022 US$ per US$ of GDP +3.4%
2015 0.011 constant 2022 US$ per US$ of GDP +6.8%
2016 0.011 constant 2022 US$ per US$ of GDP -0.1%
2017 0.0122 constant 2022 US$ per US$ of GDP +11.1%
2018 0.0125 constant 2022 US$ per US$ of GDP +2.3%
2019 0.013 constant 2022 US$ per US$ of GDP +4.4%
2020 0.0156 constant 2022 US$ per US$ of GDP +19.5%
2021 0.0131 constant 2022 US$ per US$ of GDP -16.1%
2022 0.011 constant 2022 US$ per US$ of GDP -15.7%
2023 0.0107 constant 2022 US$ per US$ of GDP -2.7%

Belize compared with similar countries

  • Belize's 0.0107 constant 2022 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0152 constant 2022 US$ per US$ of GDP, 71% of the median. (49 countries reporting)
  • Belize's 0.0107 constant 2022 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.0114 constant 2022 US$ per US$ of GDP, 94% of the median. (27 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0282 constant 2022 US$ per US$ of GDP 0.024 constant 2022 US$ per US$ of GDP 0.04 constant 2022 US$ per US$ of GDP 9
1990s 0.0203 constant 2022 US$ per US$ of GDP 0.0163 constant 2022 US$ per US$ of GDP 0.0242 constant 2022 US$ per US$ of GDP 10
2000s 0.0144 constant 2022 US$ per US$ of GDP 0.0111 constant 2022 US$ per US$ of GDP 0.0176 constant 2022 US$ per US$ of GDP 10
2010s 0.0111 constant 2022 US$ per US$ of GDP 0.01 constant 2022 US$ per US$ of GDP 0.013 constant 2022 US$ per US$ of GDP 10
2020s 0.0126 constant 2022 US$ per US$ of GDP 0.0107 constant 2022 US$ per US$ of GDP 0.0156 constant 2022 US$ per US$ of GDP 4

Countries ranked near Belize

  1. 127 Bahamas 0.0114 constant 2022 US$ per US$ of GDP compare
  2. 128 Cameroon 0.0112 constant 2022 US$ per US$ of GDP compare
  3. 129 Paraguay 0.011 constant 2022 US$ per US$ of GDP compare
  4. 131 Malawi 0.0106 constant 2022 US$ per US$ of GDP compare
  5. 132 Cote d'Ivoire 0.0099 constant 2022 US$ per US$ of GDP compare
  6. 133 Austria 0.0099 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Belize

All data for Belize →

Frequently asked questions

What is military spending, per unit of gdp in Belize?
Military spending, per unit of gdp in Belize was 0.0107 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Belize?
The highest recorded value was 0.04 constant 2022 US$ per US$ of GDP in 1987.
What is the lowest military spending, per unit of gdp recorded in Belize?
The lowest recorded value was 0.01 constant 2022 US$ per US$ of GDP in 2013.
How does Belize rank for military spending, per unit of gdp?
Belize ranks 130th out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Belize?
Over the last ten years it is up 7.6%. The long-run trend across the full record is falling.
Where does this Belize data come from?
The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Belize. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/belize/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

Computed from

  • Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
  • GDP Country official statistics, National Statistical Organizations and/or Central Banks

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, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.