Social contributions in Belize
Belize: Social contributions was 0.1% in 2016. ◆ Volatile
Social contributions in Belize, 1991–2016
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for social contributions in Belize is 0.1%, measured in 2016. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 25.8% on the previous year and down 97.4% over ten years.
Over the whole period, social contributions in Belize peaked at 2.2% in 2003 and was at its lowest, 0.1%, in 2016.
Belize ranks 105th 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.
Social contributions in Belize, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1991 | 0.1% | — |
| 1992 | 0.2% | +91.0% |
| 1993 | 0.1% | -28.2% |
| 1994 | 0.1% | +6.7% |
| 1995 | 0.2% | +49.1% |
| 1996 | 0.1% | -40.3% |
| 1997 | 0.1% | +15.9% |
| 1998 | 0.1% | -3.2% |
| 1999 | 0.1% | -12.0% |
| 2000 | 0.1% | +17.7% |
| 2002 | 2.2% | +1670.8% |
| 2003 | 2.2% | +2.6% |
| 2012 | 0.1% | -95.7% |
| 2013 | 0.1% | -13.8% |
| 2014 | 0.1% | -4.6% |
| 2015 | 0.1% | -2.4% |
| 2016 | 0.1% | -25.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.1% | 0.2% | 9 |
| 2000s | 1.5% | 0.1% | 2.2% | 3 |
| 2010s | 0.1% | 0.1% | 0.1% | 5 |
Countries ranked near Belize
More public sector data for Belize
- 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)
- Military expenditure (current USD), per capita 72.26 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0094 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -1.4 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 30.14 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 43.84 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 1,340 current USD per square kilometre (2023)
Frequently asked questions
- What is social contributions in Belize?
- Social contributions in Belize was 0.1% 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 2.2% in 2003.
- What is the lowest social contributions recorded in Belize?
- The lowest recorded value was 0.1% in 2016.
- How does Belize rank for social contributions?
- Belize ranks 105th out of 112 countries with data for 2016.
- Is social contributions rising or falling in Belize?
- Over the last ten years it is down 97.4%. 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 (% of revenue). Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.