Government Spending in Belize increased to 1208.90 USD Million in 2018 from 1198.90 USD Million in 2017.

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. Belize Government Spending - values, historical data and charts - was last updated on July of 2020.

Government Spending in Belize is expected to reach 1167.00 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 1176.00 USD Million in 2021 and 1189.00 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 Last Previous Highest Lowest Unit
Government Debt to GDP 66.50 67.40 87.10 31.40 percent [+]
Government Budget -1.00 -2.80 1.60 -11.30 percent of GDP [+]
Government Budget Value -38.40 -103.40 44.20 -276.30 USD Million [+]
Government Spending 1208.90 1198.90 1298.60 310.00 USD Million [+]
Government Revenues 1119.50 1047.90 1119.50 249.00 USD Million [+]
Fiscal Expenditure 1048.50 1005.80 1048.50 208.70 USD Million [+]
Credit Rating 17.00 [+]
Military Expenditure 22.80 23.50 23.50 4.50 USD Million [+]


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.