Budget balance in relation to the GDP in Belize 1996 to 2030

Fluctuating rise between 1996 and 2025
Compared to the earliest depicted observation from 1996 there is a total increase by approximately 0.11 percentage points. Looking at the trajectory between 1996 and 2025, one can observe that this increase however did not happen continuously.

Fluctuating rise between 2025 and 2030
In 2030 the budget balance will amount to roughly -1.45 percent, according to forecasts. This indicates an overall increase by approximately 0.20 percentage points since 2025.

The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.