Government Spending in Belize increased to 1493 USD Million in 2023 from 1385.60 USD Million in 2022. Government Spending in Belize averaged 816.28 USD Million from 1993 until 2023, reaching an all time high of 1493.00 USD Million in 2023 and a record low of 310.00 USD Million in 1996. source: Central Bank of Belize

Government Spending in Belize is expected to reach 1556.00 USD Million by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Government Spending is projected to trend around 1595.00 USD Million in 2026 and 1642.00 USD Million in 2027, according to our econometric models.




Related Last Previous Unit Reference
Fiscal Expenditure 1151.40 1052.50 USD Million Dec 2023
Government Budget -1.60 -0.80 percent of GDP Dec 2023
Government Budget Value -98.80 -43.90 USD Million Dec 2023
Government Debt to GDP 66.80 67.10 percent of GDP Dec 2023
Government Revenues 1376.90 1287.40 USD Million Dec 2023
Government Spending 1493.00 1385.60 USD Million Dec 2023

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
1493.00 1385.60 1493.00 310.00 1993 - 2023 USD Million Yearly