Compensation of employees (% of expense) in Belize
Belize: Compensation of employees (% of expense) was 52.4% in 2017. ▼ Falling
Compensation of employees in Belize, 1990–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2017, compensation of employees in Belize stood at 52.4%.
That represents a change of down 1.2% on the previous year and up 37.1% over ten years.
Over the whole period, compensation of employees in Belize peaked at 63.9% in 1990 and was at its lowest, 35.4%, in 2006.
That places Belize 4th out of 155 countries with data for 2017, putting it in the top 10%.
The long-run direction has been consistently falling across the 28 years of available data.
Compensation of employees (% of expense) in Belize, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 63.9% | — |
| 1991 | 63.7% | -0.2% |
| 1992 | 55.4% | -13.1% |
| 1993 | 54.6% | -1.5% |
| 1994 | 53.8% | -1.4% |
| 1995 | 54.9% | +2.1% |
| 1996 | 51.3% | -6.5% |
| 1997 | 51.6% | +0.6% |
| 1998 | 53.0% | +2.6% |
| 1999 | 51.1% | -3.6% |
| 2000 | 51.0% | -0.1% |
| 2001 | 48.4% | -5.2% |
| 2002 | 49.1% | +1.4% |
| 2003 | 45.0% | -8.3% |
| 2004 | 39.5% | -12.1% |
| 2005 | 40.6% | +2.8% |
| 2006 | 35.4% | -13.0% |
| 2007 | 38.2% | +8.1% |
| 2008 | 39.5% | +3.3% |
| 2009 | 41.0% | +3.8% |
| 2010 | 40.5% | -1.2% |
| 2011 | 40.7% | +0.5% |
| 2012 | 52.8% | +29.8% |
| 2013 | 50.6% | -4.2% |
| 2014 | 51.9% | +2.7% |
| 2015 | 53.5% | +3.0% |
| 2016 | 53.0% | -1.0% |
| 2017 | 52.4% | -1.2% |
Belize compared with similar countries
- Belize's 52.4% is above the median for upper middle income countries, which is 26.6%, 2.0× the median. (47 countries reporting)
- Belize's 52.4% is above the median for Latin America & Caribbean, which is 32.0%, 1.6× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees (% of expense) in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +29.8% | 40.7% | 52.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 55.3% | 51.1% | 63.9% | 10 |
| 2000s | 42.8% | 35.4% | 51.0% | 10 |
| 2010s | 49.4% | 40.5% | 53.5% | 8 |
Countries ranked near Belize
- 1 Mozambique 62.0% compare
- 2 Laos 54.2% compare
- 3 Botswana 54.0% compare
- 5 Iraq 51.9%
- 6 Central African Republic 49.9% compare
- 7 Saint Vincent and the Grenadines 49.8% 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 52.4% 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 63.9% in 1990.
- What is the lowest compensation of employees recorded in Belize?
- The lowest recorded value was 35.4% in 2006.
- How does Belize rank for compensation of employees?
- Belize ranks 4th out of 155 countries with data for 2017.
- Is compensation of employees rising or falling in Belize?
- Over the last ten years it is up 37.1%. The long-run trend across the full record is falling.
- 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 (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.