Social contributions in Belize
Belize: Social contributions was 597,387 current LCU in 2016. ◆ Volatile
Social contributions in Belize, 1991–2016
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Belize recorded 597,387 current LCU for social contributions in 2016.
Compared with earlier readings it is down 21.7% on the previous year and down 94.0% over ten years.
Over the whole period, social contributions in Belize peaked at 9.98 million current LCU in 2003 and was at its lowest, 184,000 current LCU, in 1991.
Belize ranks 107th of 112 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 339,000 current LCU | 184,000 current LCU | 462,000 current LCU | 9 |
| 2000s | 6.49 million current LCU | 445,000 current LCU | 9.98 million current LCU | 3 |
| 2010s | 737,563 current LCU | 597,387 current LCU | 782,139 current LCU | 5 |
Countries ranked near Belize
More public sector data for Belize
- Arms imports 1.00 million SIPRI trend indicator values (2023)
- Tax revenue 21.3% (2017)
- Taxes on income, profits and capital gains 24.4% (2017)
- Taxes on goods and services 48.1% (2017)
- Net investment in nonfinancial assets 3.3% (2017)
- Net lending (+) / net borrowing (-) -1.2% (2017)
- Interest payments 9.4% (2017)
- Grants and other revenue 12.7% (2017)
- Interest payments 10.3% (2017)
- Other taxes 0.6% (2017)
Frequently asked questions
- What is social contributions in Belize?
- Social contributions in Belize was 597,387 current LCU in 2016, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Belize?
- The highest recorded value was 9.98 million current LCU in 2003.
- What is the lowest social contributions recorded in Belize?
- The lowest recorded value was 184,000 current LCU in 1991.
- How does Belize rank for social contributions?
- Belize ranks 107th out of 112 countries with data for 2016.
- Is social contributions rising or falling in Belize?
- Over the last ten years it is down 94.0%. 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 Social contributions (current LCU). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.