The ratio of government expenditure to GDP in Belize was forecast to increase between 2024 and 2029 by in total 0.3 percentage points. This overall increase does not happen continuously, notably not in 2027 and 2029. The ratio is estimated to amount to 24.23 percent in 2029. This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Panama, Guatemala, and El Salvador.
Belize: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029
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IMF. (October 22, 2024). Belize: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved December 07, 2024, from https://www.statista.com/statistics/727066/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-belize/
IMF. "Belize: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed December 07, 2024. https://www.statista.com/statistics/727066/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-belize/
IMF. (2024). Belize: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: December 07, 2024. https://www.statista.com/statistics/727066/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-belize/
IMF. "Belize: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/727066/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-belize/
IMF, Belize: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/727066/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-belize/ (last visited December 07, 2024)
Belize: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/727066/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-belize/