Military Expenditure in Belize decreased to 23 USD Million in 2019 from 23.20 USD Million in 2018. source: SIPRI

Military Expenditure in Belize averaged 13.20 USD Million from 1981 until 2019, reaching an all time high of 23.20 USD Million in 2017 and a record low of 4.60 USD Million in 1981. Belize Military Expenditure - values, historical data and charts - was last updated on May 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
23.00 23.20 23.20 4.60 1981 - 2019 USD Million Yearly
constant 2018 prices

Belize Government Last Previous Highest Lowest Unit
Government Debt to GDP 69.90 68.60 87.10 31.40 percent [+]
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 23.00 23.20 23.20 4.60 USD Million [+]
Credit Rating 15.00 [+]