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BelizeMilitary Expenditure (USD)

Category: MilitarySource: World Bank World Development IndicatorsGlobal Rank: #146 of 156Updated May 2026
Latest Value
$30.1M
2024
YoY Change
-1.4%
20232024
Global Rank
#146
of 156 countries
Maximum
$30.6M
2023
Minimum
$7.1M
2000
CAGR
+6.2%
25 years
Last
$30.1M
Previous
$30.6M
Highest
$30.6M
Lowest
$7.1M
Source
World Bank World Development Indicators

Belize's military expenditure (usd) was $30.1M in 2024, ranking #146 out of 156 countries. This represents a -1.4% change from 2023. Over the past 25 years, the highest recorded value was $30.6M (2023) and the lowest was $7.1M (2000). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
2024$30.1M-1.4%
2023$30.6M+9.9%
2022$27.8M+4.1%
2021$26.7M+2.6%
2020$26.0M+6.6%
2019$24.4M+4.6%
2018$23.3M+1.2%
2017$23.1M+6.2%
2016$21.7M+10.1%
2015$19.7M-1.0%
2014$19.9M+12.0%
2013$17.8M+16.8%
2012$15.2M-1.3%
2011$15.4M+0.5%
2010$15.3M-11.2%
2009$17.3M-7.7%
2008$18.7M+36.0%
2007$13.8M+12.0%
2006$12.3M+14.7%
2005$10.7M+12.9%
2004$9.5M+10.9%
2003$8.6M+9.2%
2002$7.8M+5.0%
2001$7.5M+4.8%
2000$7.1M

Top Countries — Military Expenditure (USD)

#CountryValueYear
1United States$997.31B2024
2China$313.66B2024
3Russian Federation$148.97B2024
4Germany$88.46B2024
5India$86.13B2024
6United Kingdom$81.76B2024
7Saudi Arabia$80.33B2024
8Ukraine$64.70B2024
9France$64.68B2024
10Japan$55.27B2024
View all 156 countries →