Belize's primary government expenditures as a proportion of original approved budget (%) was 101.14% in 2022, the latest year in the World Bank's World Development Indicators. That is down 2.94 percentage points from 104.08% in 2012.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 101.14% | 2022 |
| Five years earlier | 104.8% | 2017 |
| Ten years earlier | 104.08% | 2012 |
| Highest | 119.54% | 2016 |
| Lowest | 89.1% | 2021 |
| Average since 2013 | 103.05% | 2013–2022 |
| First recorded | 105.24% | 2007 |
What the numbers say
In 2022, Belize's primary government expenditures as a proportion of original approved budget (%) rose 12.04 percentage points on 2021 (from 89.1% to 101.14%).
Across the 14 yearly changes before that (2008 to 2021), the average change was −1.15 percentage points and a typical year strayed about 8.47 percentage points from that (the standard deviation). This year's change was 1.6 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 12.04 percentage points in 2022 and the biggest yearly fall was 14.74 percentage points in 2017. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 there is no clear straight-line trend: a straight line explains 15% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2022, Belize had the 21st highest value of the 46 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Belize in the 2022 ranking
- Tunisia — 18th of 46: 103.18%
- South Africa — 19th of 46: 102.9%
- St. Vincent and the Grenadines — 20th of 46: 102.26%
- Kiribati — 22nd of 46: 100.77%
- Ecuador — 23rd of 46: 100.67%
- Chile — 24th of 46: 100.6%
What this measures
Primary government expenditures as a proportion of original approved budget measures the extent to which aggregate budget expenditure outturn reflects the amount originally approved, as defined in government budget documentation and fiscal reports. The coverage is budgetary central government (BCG) and the time period covered is the last three completed fiscal years.
Limitations: Although not all countries have used the PEFA methodology on an annual basis for the PEFA PI-1 indicator, the methodology relies on standard data sets for approved and final budget outturns which are commonly produced at least annually in every country. The countries that have not used the methodology to date are primarily highly developed countries which would have less difficulty in providing the necessary data than those in the lower and middle income categories that have been primary users of Public Expenditure and Financial Accountability (PEFA) to date. (As of: 2024-07-29) One limitation of the indicator is that it is an aggregate indicator of budget reliability.
All 16 values
| Year | Primary government expenditures as a proportion of original approved budget (%) |
|---|---|
| 2022 | 101.14 |
| 2021 | 89.1 |
| 2020 | 102.79 |
| 2019 | 102.07 |
| 2018 | 98.3 |
| 2017 | 104.8 |
| 2016 | 119.54 |
| 2015 | 111.5 |
| 2014 | 104.37 |
| 2013 | 96.88 |
Primary government expenditures as a proportion of original approved budget (%) in nearby economies
- Antigua and Barbuda — 95.49% (2019)
- Argentina — 128.21% (2021)
- Bolivia — 82.65% (2022)
- Brazil — 100.83% (2021)
- Chile — 100.6% (2022)
- Colombia — 88.98% (2022)
- Costa Rica — 95.59% (2021)
- Dominica — 92.09% (2022)
More public sector data for Belize
- Military expenditure (current USD) — 33.32 million (2025)
- Military expenditure (current LCU) — 66.63 million (2025)
- Military expenditure (% of GDP) — 1% (2025)
- Armed forces personnel, total — 2,000 (2020)
- Armed forces personnel (% of total labor force) — 1.32% (2020)
- Net investment in nonfinancial assets (current LCU) — 148.91 million (2017)
- Net investment in nonfinancial assets (% of GDP) — 3.29% (2017)
- Net lending (+) / net borrowing (-) (current LCU) — -52.73 million (2017)
- Net lending (+) / net borrowing (-) (% of GDP) — -1.16% (2017)
- Grants and other revenue (current LCU)
Reading data like this
Questions people ask
- What is Belize's primary government expenditures as a proportion of original approved budget (%)?
- 101.14% in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 2007?
- It is down 4.1 percentage points from 105.24% in 2007. The highest value was 119.54% in 2016 and the lowest 89.1% in 2021.
- How does Belize rank?
- 21st highest of 46 economies with data for 2022.
- Is the latest change in primary government expenditures as a proportion of original approved budget (%) unusual for Belize?
Source
World Bank, World Development Indicators, indicator GF.XPD.BUDG.ZS, licensed CC BY 4.0. Original source: Public Expenditure and Financial Accountability (PEFA), World Bank (WB), uri: https://www.pefa.org/node/5239, note: The raw data collected in order to calculate this indicator are the initially Approved and Executed Budgets. Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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