Military Expenditure in Belize decreased to 22.80 USD Million in 2018 from 23.50 USD Million in 2017.

Military Expenditure in Belize averaged 12.76 USD Million from 1981 until 2018, reaching an all time high of 23.50 USD Million in 2017 and a record low of 4.50 USD Million in 1981. Belize Military Expenditure - values, historical data and charts - was last updated on August of 2020. source: SIPRI

Military Expenditure in Belize is expected to reach 24.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Military Expenditure is projected to trend around 26.00 USD Million in 2021, according to our econometric models.

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Belize Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
22.80 23.50 23.50 4.50 1981 - 2018 USD Million Yearly
constant 2016 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 [+]
Credit Rating 17.00 [+]
Military Expenditure 22.80 23.50 23.50 4.50 USD Million [+]