Belize recorded a Government Budget deficit equal to 3 percent of the country's Gross Domestic Product in 2017.
Government Budget in Belize averaged -3.92 percent of GDP from 1993 until 2017, reaching an all time high of 1.60 percent of GDP in 2008 and a record low of -11.30 percent of GDP in 2001. This page provides - Belize Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belize Government Budget - values, historical data and charts - was last updated on July of 2020.
Government Budget in Belize is expected to reach -4.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Government Budget is projected to trend around -3.50 percent of GDP in 2021 and -2.50 percent of GDP in 2022, according to our econometric models.