Military spending in Belize

Belize: Military spending was 32.86 million constant 2024 US$ in 2025. ▲ Rising

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
40
1981–2025

Military spending 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$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$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: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.

Analysis

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

That represents a change of down 6.6% on the previous year and up 37.5% over ten years.

Over the whole period, military spending 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.

That places Belize 150th out of 162 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 40 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 6.84 million constant 2024 US$ 5.40 million constant 2024 US$ 8.48 million constant 2024 US$ 6
1990s 11.77 million constant 2024 US$ 8.87 million constant 2024 US$ 14.99 million constant 2024 US$ 8
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 in Belize?
Military spending in Belize was 32.86 million constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
What is the highest military spending recorded in Belize?
The highest recorded value was 35.18 million constant 2024 US$ in 2024.
What is the lowest military spending recorded in Belize?
The lowest recorded value was 5.40 million constant 2024 US$ in 1981.
How does Belize rank for military spending?
Belize ranks 150th out of 162 countries with data for 2025.
Is military spending rising or falling in Belize?
Over the last ten years it is up 37.5%. 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) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
Last refreshed

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.