Belize - Military expenditure

Military expenditure (current USD)

The latest value for Military expenditure (current USD) in Belize was 24,507,020 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between 24,507,020 in 2020 and 2,079,250 in 1981.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another).

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1981 2,079,250
1982 2,576,875
1983 2,899,750
1984 3,256,125
1985 3,263,000
1989 4,355,375
1990 4,768,750
1991 4,732,875
1992 5,292,125
1993 6,130,375
1994 7,899,375
1995 8,052,875
1996 7,965,875
1997 9,395,000
2000 7,116,125
2001 7,454,663
2002 7,829,938
2003 8,552,225
2004 9,486,150
2005 10,710,960
2006 12,283,040
2007 13,759,080
2008 18,717,740
2009 17,267,540
2010 15,337,250
2011 15,416,250
2012 15,219,130
2013 17,778,880
2014 19,916,880
2015 19,717,620
2016 21,712,890
2017 23,055,950
2018 24,225,820
2019 24,472,110
2020 24,507,020

Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Belize was 46,641,950 as of 2019. As the graph below shows, over the past 38 years this indicator reached a maximum value of 46,641,950 in 2019 and a minimum value of 4,158,500 in 1981.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

Year Value
1981 4,158,500
1982 5,153,750
1983 5,799,500
1984 6,512,250
1985 6,526,000
1989 8,710,750
1990 9,537,500
1991 9,465,750
1992 10,584,250
1993 12,260,750
1994 15,798,750
1995 16,105,750
1996 15,931,750
1997 18,790,000
2000 14,232,250
2001 14,909,330
2002 15,659,880
2003 17,104,450
2004 18,972,300
2005 21,421,920
2006 24,566,080
2007 27,518,150
2008 37,435,480
2009 34,535,080
2010 30,674,500
2011 30,832,500
2012 30,438,250
2013 35,557,750
2014 39,833,750
2015 39,435,250
2016 43,425,780
2017 45,901,520
2018 46,384,880
2019 46,641,950

Military expenditure (% of GDP)

Military expenditure (% of GDP) in Belize was 1.57 as of 2020. Its highest value over the past 39 years was 1.57 in 2020, while its lowest value was 0.84 in 2002.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1981 1.16
1982 1.44
1983 1.53
1984 1.54
1985 1.56
1989 1.20
1990 1.18
1991 1.09
1992 1.02
1993 1.10
1994 1.36
1995 1.30
1996 1.24
1997 1.44
2000 0.86
2001 0.86
2002 0.84
2003 0.86
2004 0.90
2005 0.96
2006 1.01
2007 1.07
2008 1.37
2009 1.31
2010 1.11
2011 1.06
2012 1.00
2013 1.13
2014 1.20
2015 1.14
2016 1.22
2017 1.26
2018 1.29
2019 1.33
2020 1.57

Military expenditure (% of general government expenditure)

Military expenditure (% of general government expenditure) in Belize was 3.84 as of 2020. Its highest value over the past 24 years was 5.40 in 1997, while its lowest value was 2.46 in 2001.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1996 4.69
1997 5.40
2000 2.70
2001 2.46
2002 2.60
2003 2.65
2004 2.99
2005 3.43
2006 3.82
2007 3.38
2008 4.84
2009 4.37
2010 3.75
2011 3.58
2012 3.46
2013 3.77
2014 3.76
2015 3.23
2016 3.52
2017 3.67
2018 3.91
2019 3.73
2020 3.84

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade