Military Expenditure in Belize decreased to 24.30 USD Million in 2020 from 24.50 USD Million in 2019. source: SIPRI
Military Expenditure in Belize averaged 13.74 USD Million from 1981 until 2020, reaching an all time high of 24.50 USD Million in 2018 and a record low of 4.70 USD Million in 1981. Belize Military Expenditure - values, historical data and charts - was last updated on August of 2022.
Military Expenditure in Belize is expected to reach 24.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Military Expenditure is projected to trend around 25.00 USD Million in 2022 and 26.00 USD Million in 2023, according to our econometric models.