Belize Military Spending
Belize spends an estimated 1.0% of GDP on its military in 2026; its most recent reported expenditure in US dollars is $33 million (2025).
Defense budget and military expenditure data (1981–2027)
Data updated: November 5, 2026
Key Facts (2026 estimate)
Military Expenditure
$34 million
Ranked #147 of 155 countries worldwide
Percent of GDP
1.0%
Ranked #124 of 165 countries by % of GDP
Historical Peak Spending
$35 million
Reached in 2024
How the 2026 figures are produced. The share-of-GDP figure is the arithmetic mean of Belize’s last 3 reported years (2023–2025), carried across both estimate years unchanged. The dollar projection applies a flat 3% increase to the 2025 SIPRI figure. Every country in this group uses the same rate. The historical SIPRI series for Belize ends in 2025.
Belize Defense Budget Summary
Belize spends an estimated 1.0% of GDP on its military in 2026; its most recent reported expenditure in US dollars is $33 million (2025).
The 2026 dollar projection for Belize is $34 million (a site estimate applying a flat rate to the last reported figure). The model gives a +3.0% change from $33 million in 2025.
The highest percentage of GDP allocated to defense spending was 1.6% in 1985. The historical average military budget is 1.0% of GDP.
Historical figures come from the SIPRI Military Expenditure Database. Dollar figures use constant 2024 US dollars.
Historical Military Spending
Military Spending (% of GDP)
Military Spending (USD Billions, 2024 prices)
Historical Data
| Year | Percent of GDP | USD (millions) |
|---|---|---|
| 2027(estimate) | 1.04% | $35M |
| 2026(estimate) | 1.04% | $34M |
| 2025 | 1.00% | $33M |
| 2024 | 1.08% | $35M |
| 2023 | 1.04% | $34M |
| 2022 | 1.00% | $30M |
| 2021 | 1.13% | $31M |
| 2020 | 1.38% | $31M |
| 2019 | 1.03% | $29M |
| 2018 | 1.02% | $28M |
| 2017 | 1.06% | $27M |
| 2016 | 1.02% | $26M |
| 2015 | 0.95% | $24M |
| 2014 | 0.93% | $24M |
| 2013 | 0.90% | $22M |
| 2012 | 0.81% | $19M |
| 2011 | 0.87% | $19M |
| 2010 | 0.87% | $19M |
| 2009 | 1.07% | $22M |
| 2008 | 1.08% | $23M |
| 2007 | 0.83% | $18M |
| 2006 | 0.80% | $17M |
| 2005 | 0.76% | $14M |
| 2004 | 0.70% | $12M |
| 2003 | 0.68% | $11M |
| 2002 | 0.64% | $11M |
| 2001 | 0.68% | $11M |
| 2000 | 0.67% | $11M |
| 1997 | 1.05% | $15M |
| 1996 | 0.97% | $13M |
| 1995 | 1.03% | $14M |
| 1994 | 1.10% | $14M |
| 1993 | 0.86% | $11M |
| 1992 | 0.80% | $10M |
| 1991 | 1.28% | $9M |
| 1990 | 1.27% | $9M |
| 1989 | 1.20% | $8M |
| 1985 | 1.56% | $7M |
| 1984 | 1.54% | $7M |
| 1983 | 1.53% | $7M |
| 1982 | 1.44% | $6M |
| 1981 | 1.16% | $5M |