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 September 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.