Belize recorded a government budget deficit of 129.50 USD Million in 2019.

Government Budget Value in Belize averaged -81.79 USD Million from 1993 until 2019, reaching an all time high of 44.20 USD Million in 2008 and a record low of -276.30 USD Million in 2015. 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 2020.

Government Budget Value in Belize is expected to reach -150.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Government Budget Value is projected to trend around -170.00 USD Million in 2021 and -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
-129.50 -27.60 44.20 -276.30 1993 - 2019 USD Million Yearly

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 14.00 [+]
Military Expenditure 22.80 23.50 23.50 4.50 USD Million [+]


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.