Government Spending in Belize decreased to 1182.80 USD Million in 2021 from 1345.30 USD Million in 2020. source: Central Bank of Belize

Government Spending in Belize averaged 776.74 USD Million from 1993 until 2021, reaching an all time high of 1345.30 USD Million in 2020 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 February of 2023.

Government Spending in Belize is expected to reach 1206.00 USD Million by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Government Spending is projected to trend around 1231.00 USD Million in 2024 and 15786.00 USD Million in 2025, according to our econometric models.

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Belize Government Spending

Related Last Previous Unit Reference
Government Debt to GDP 74.50 91.60 percent of GDP Dec 2021
Government Budget -3.30 -10.70 percent of GDP Dec 2021
Government Budget Value -69.90 -358.80 USD Million Dec 2021
Government Spending 1182.80 1345.30 USD Million Dec 2021
Government Revenues 1066.90 944.20 USD Million Dec 2021
Fiscal Expenditure 956.50 1000.20 USD Million Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
1182.80 1345.30 1345.30 310.00 1993 - 2021 USD Million Yearly