Government Spending in Belize increased to 1338.50 USD Million in 2020 from 1306.70 USD Million in 2019. source: Central Bank of Belize

Government Spending in Belize averaged 762 USD Million from 1993 until 2020, reaching an all time high of 1338.50 USD Million in 2020 and a record low of 310 USD Million in 1996. This page provides - Belize Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belize Government Spending - values, historical data and charts - was last updated on May of 2022.

Government Spending in Belize is expected to reach 1432.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Government Spending is projected to trend around 1518.00 USD Million in 2022 and 1579.00 USD Million in 2023, according to our econometric models.

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Belize Government Spending



Related Last Previous Unit Reference
Government Debt to GDP 84.80 66.30 percent of GDP Dec 2020
Government Budget -10.70 -3.30 percent of GDP Dec 2020
Government Budget Value -366.60 -130.30 USD Million Dec 2020
Government Spending 1338.50 1306.70 USD Million Dec 2020
Government Revenues 926.20 1147.70 USD Million Dec 2020
Fiscal Expenditure 993.40 1084.50 USD Million Dec 2020

Belize Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.
Actual Previous Highest Lowest Dates Unit Frequency
1338.50 1306.70 1338.50 310.00 1993 - 2020 USD Million Yearly