Government Spending in Belize increased to 1208.90 USD Million in 2018 from 1198.90 USD Million in 2017. Government Spending in Belize averaged 719.22 USD Million from 1993 until 2018, reaching an all time high of 1298.60 USD Million in 2015 and a record low of 310 USD Million in 1996.

Government Spending in Belize is expected to be 1234.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Government Spending is projected to trend around 1278.00 USD Million in 2020, according to our econometric models.

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Belize Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
1208.90 1198.90 1298.60 310.00 1993 - 2018 USD Million Yearly


Belize Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.

Belize Government Last Previous Highest Lowest Unit
Government Debt to GDP 66.50 67.40 87.10 31.40 percent [+]
Government Budget -1.00 -2.80 1.60 -11.30 percent of GDP [+]
Government Budget Value -38.40 -103.40 44.20 -276.30 USD Million [+]
Government Spending 1208.90 1198.90 1298.60 310.00 USD Million [+]
Government Revenues 1119.50 1047.90 1119.50 249.00 USD Million [+]
Fiscal Expenditure 1048.50 1005.80 1048.50 208.70 USD Million [+]
Military Expenditure 22.80 23.50 23.50 4.50 USD Million [+]
Credit Rating 20.00 [+]