Government Spending in Belize increased to 1208.90 USD Million in 2018 from 1198.90 USD Million in 2017. Belize Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Belize averaged 719.22 USD Million from 1993 until 2018, reaching an all time high of 1298.60 USD Million in 2015 and a record low of 310 USD Million in 1996. This page provides - Belize Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Belize is expected to reach 1233.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Government Spending is projected to trend around 1255.00 USD Million in 2021 and 1278.00 USD Million in 2022, according to our econometric models.

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Belize Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
1208.90 1198.90 1298.60 310.00 1993 - 2018 USD Million Yearly

Belize Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.