Belize—Government Expense (% of GDP)
Belize's government expense (% of GDP) was 22.3% in 2017. This represents a +5.0% change from 2016. Over the past 18 years, the highest recorded value was 22.3% (2017) and the lowest was 13.1% (2000). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2017 | 22.3% | +5.0% |
| 2016 | 21.3% | +3.2% |
| 2015 | 20.6% | +6.1% |
| 2014 | 19.4% | +3.1% |
| 2013 | 18.9% | +2.9% |
| 2012 | 18.3% | -7.9% |
| 2011 | 19.9% | +0.9% |
| 2010 | 19.7% | -0.5% |
| 2009 | 19.8% | +8.7% |
| 2008 | 18.2% | +1.6% |
| 2007 | 17.9% | -8.1% |
| 2006 | 19.5% | +4.9% |
| 2005 | 18.6% | -3.1% |
| 2004 | 19.2% | +18.5% |
| 2003 | 16.2% | +14.5% |
| 2002 | 14.2% | -1.8% |
| 2001 | 14.4% | +10.4% |
| 2000 | 13.1% |
Top Countries — Government Expense (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 103.6% | 2020 |
| 2 | Kiribati | 83.7% | 2023 |
| 3 | Ukraine | 65.6% | 2023 |
| 4 | Marshall Islands | 59.4% | 2020 |
| 5 | Palau | 59.0% | 2020 |
| 6 | Timor-Leste | 52.5% | 2022 |
| 7 | Greece | 47.3% | 2023 |
| 8 | Italy | 47.3% | 2023 |
| 9 | France | 47.3% | 2023 |
| 10 | Austria | 46.0% | 2023 |
About This Indicator
Definition
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)
Unit
% of GDP