Compensation of employees (current LCU) in Belize
Belize: Compensation of employees (current LCU) was 530.42 million current LCU in 2017. ◆ Volatile
Compensation of employees in Belize, 1990–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for compensation of employees in Belize is 530.42 million current LCU, measured in 2017. That is the highest value across all 28 years on record.
The figure is up 5.0% on the previous year and up 126.8% over ten years.
Over the whole period, compensation of employees in Belize peaked at 530.42 million current LCU in 2017 and was at its lowest, 87.72 million current LCU, in 1990.
That places Belize 142nd out of 156 countries with data for 2017, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Compensation of employees (current LCU) in Belize, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 87.72 million current LCU | — |
| 1991 | 96.11 million current LCU | +9.6% |
| 1992 | 104.62 million current LCU | +8.9% |
| 1993 | 120.57 million current LCU | +15.2% |
| 1994 | 131.86 million current LCU | +9.4% |
| 1995 | 126.99 million current LCU | -3.7% |
| 1996 | 123.12 million current LCU | -3.0% |
| 1997 | 130.51 million current LCU | +6.0% |
| 1998 | 140.30 million current LCU | +7.5% |
| 1999 | 148.69 million current LCU | +6.0% |
| 2000 | 151.70 million current LCU | +2.0% |
| 2001 | 163.58 million current LCU | +7.8% |
| 2002 | 172.86 million current LCU | +5.7% |
| 2003 | 190.73 million current LCU | +10.3% |
| 2004 | 212.64 million current LCU | +11.5% |
| 2005 | 222.88 million current LCU | +4.8% |
| 2006 | 219.46 million current LCU | -1.5% |
| 2007 | 233.92 million current LCU | +6.6% |
| 2008 | 250.10 million current LCU | +6.9% |
| 2009 | 274.03 million current LCU | +9.6% |
| 2010 | 279.05 million current LCU | +1.8% |
| 2011 | 296.42 million current LCU | +6.2% |
| 2012 | 370.80 million current LCU | +25.1% |
| 2013 | 388.24 million current LCU | +4.7% |
| 2014 | 431.84 million current LCU | +11.2% |
| 2015 | 484.01 million current LCU | +12.1% |
| 2016 | 505.05 million current LCU | +4.3% |
| 2017 | 530.42 million current LCU | +5.0% |
Belize compared with similar countries
- Belize's 530.42 million current LCU is below the median for upper middle income countries, which is 95.94 billion current LCU, 1% of the median. (47 countries reporting)
- Belize's 530.42 million current LCU is below the median for Latin America & Caribbean, which is 34.98 billion current LCU, 2% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 121.05 million current LCU | 87.72 million current LCU | 148.69 million current LCU | 10 |
| 2000s | 209.19 million current LCU | 151.70 million current LCU | 274.03 million current LCU | 10 |
| 2010s | 410.73 million current LCU | 279.05 million current LCU | 530.42 million current LCU | 8 |
Countries ranked near Belize
- 139 Seychelles 851.67 million current LCU compare
- 140 Bahamas 843.34 million current LCU compare
- 141 Barbados 807.10 million current LCU compare
- 143 Saint Lucia 383.66 million current LCU compare
- 144 Samoa 351.29 million current LCU compare
- 145 Saint Vincent and the Grenadines 280.81 million current LCU compare
More public sector data for Belize
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 1.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 2.43 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 1.00 million SIPRI trend indicator values (2023)
Frequently asked questions
- What is compensation of employees in Belize?
- Compensation of employees in Belize was 530.42 million current LCU in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Belize?
- The highest recorded value was 530.42 million current LCU in 2017.
- What is the lowest compensation of employees recorded in Belize?
- The lowest recorded value was 87.72 million current LCU in 1990.
- How does Belize rank for compensation of employees?
- Belize ranks 142nd out of 156 countries with data for 2017.
- Is compensation of employees rising or falling in Belize?
- Over the last ten years it is up 126.8%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.