Military Expenditure in Belize decreased to 21.80 USD Million in 2021 from 26.70 USD Million in 2020. source: SIPRI
Military Expenditure in Belize averaged 11.96 USD Million from 1981 until 2021, reaching an all time high of 26.70 USD Million in 2020 and a record low of 2.10 USD Million in 1981. Belize Military Expenditure - values, historical data and charts - was last updated on February of 2023.
Military Expenditure in Belize is expected to reach 25.00 USD Million by the end of 2022, 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 2023 and 26.00 USD Million in 2024, according to our econometric models.