Belize recorded a government budget deficit of 366.60 USD Million in 2020. source: Central Bank of Belize

Government Budget Value in Belize averaged -91.99 USD Million from 1993 until 2020, reaching an all time high of 44.20 USD Million in 2008 and a record low of -366.60 USD Million in 2020. This page provides - Belize Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belize Government Budget Value - values, historical data and charts - was last updated on September of 2021.

Government Budget Value in Belize is expected to reach -170.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Government Budget Value is projected to trend around -110.00 USD Million in 2022, according to our econometric models.

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Belize Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-366.60 -130.30 44.20 -366.60 1993 - 2020 USD Million Yearly

Belize Government Last Previous Highest Lowest Unit
Government Debt to GDP 84.80 66.30 87.10 31.40 percent of GDP [+]
Government Budget -10.70 -3.30 1.60 -11.30 percent of GDP [+]
Government Budget Value -366.60 -130.30 44.20 -366.60 USD Million [+]
Government Spending 1338.50 1306.70 1338.50 310.00 USD Million [+]
Government Revenues 926.20 1147.70 1147.70 249.00 USD Million [+]
Fiscal Expenditure 993.40 1084.50 1084.50 208.70 USD Million [+]
Military Expenditure 24.30 24.50 24.50 4.70 USD Million [+]
Credit Rating 9.00 [+]


Belize Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.