Belize recorded a government debt equivalent to 69.90 percent of the country's Gross Domestic Product in 2019.

Government Debt to GDP in Belize averaged 61.82 percent from 1993 until 2019, reaching an all time high of 87.10 percent in 2005 and a record low of 31.40 percent in 1995. This page provides - Belize Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belize Government Debt to GDP - values, historical data and charts - was last updated on September of 2020.

Government Debt to GDP in Belize is expected to reach 75.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Government Debt to GDP is projected to trend around 73.50 percent in 2021 and 72.00 percent in 2022, according to our econometric models.

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Belize Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
69.90 68.60 87.10 31.40 1993 - 2019 percent 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 Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.