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 July of 2021.

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.

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Belize Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
24.30 24.50 24.50 4.70 1981 - 2020 USD Million Yearly
Constant 2019 prices

Belize Government Last Previous Highest Lowest Unit
Government Debt to GDP 69.90 68.60 87.10 31.40 percent of GDP [+]
Government Budget -3.50 -0.70 1.60 -11.30 percent of GDP [+]
Government Budget Value -129.50 -27.60 44.20 -276.30 USD Million [+]
Government Spending 1300.90 1221.30 1300.90 310.00 USD Million [+]
Government Revenues 1143.80 1139.40 1143.80 249.00 USD Million [+]
Fiscal Expenditure 1083.80 1052.90 1083.80 208.70 USD Million [+]
Military Expenditure 24.30 24.50 24.50 4.70 USD Million [+]
Credit Rating 9.00 [+]