Belize vs Upper middle income: Taxes on goods and services (% of revenue)

Belize
48.1%
in 2017
Upper middle income
35.1%
in 2024
Belize rank
10th
Upper middle income rank
13th

Taxes on goods and services (% of revenue) over time

  • Belize
  • Upper middle income
1020304050199020072024

How they compare

Belize currently reports 48.1% against 35.1% in Upper middle income, a difference of 13.0%.

That makes Belize's figure about 1.4 times Upper middle income's.

The two have swapped places 2 times across 20 shared years of data; in 1996 it was Belize ahead.

Belize ranks 10th and Upper middle income ranks 13th of 156 countries.

Upper middle income has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Belize Upper middle income Difference Ahead
1990s 30.7% 37.0% 6.2% Upper middle income
2000s 30.8% 38.1% 7.3% Upper middle income
2010s 36.5% 37.8% 1.2% Upper middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on goods and services, Belize or Upper middle income?
Belize, at 48.1% against 35.1% in Upper middle income as of 2017.
What is the difference in taxes on goods and services between Belize and Upper middle income?
13.0%, with Belize ahead.
How many years of comparable data are there for Belize and Upper middle income?
20 years are reported by both, from 1996 to 2017.
How do Belize and Upper middle income rank globally for taxes on goods and services?
Belize ranks 10th and Upper middle income ranks 13th of 156 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belize vs Upper middle income: Taxes on goods and services. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 08 November 2026, from https://public-sector.statizoid.com/compare/taxes-on-goods-and-services-percent-of-revenue/belize/upper-middle-income/

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About this data

Indicator
Taxes on goods and services (% of revenue)
Unit
% of revenue
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 5,707 data points, 1972–2024
Last refreshed

General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.