Tax revenue in Belize
Belize: Tax revenue was 967.44 million current LCU in 2017. ◆ Volatile
Tax revenue 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 tax revenue in Belize is 967.44 million current LCU, measured in 2017. That is the highest value across all 28 years on record.
The figure is up 4.6% on the previous year and up 63.5% over ten years.
Over the whole period, tax revenue in Belize peaked at 967.44 million current LCU in 2017 and was at its lowest, 176.84 million current LCU, in 1990.
Belize ranks 142nd of 157 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue in Belize, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 176.84 million current LCU | — |
| 1991 | 184.21 million current LCU | +4.2% |
| 1992 | 206.63 million current LCU | +12.2% |
| 1993 | 218.59 million current LCU | +5.8% |
| 1994 | 231.37 million current LCU | +5.8% |
| 1995 | 232.59 million current LCU | +0.5% |
| 1996 | 250.64 million current LCU | +7.8% |
| 1997 | 257.21 million current LCU | +2.6% |
| 1998 | 271.44 million current LCU | +5.5% |
| 1999 | 255.01 million current LCU | -6.1% |
| 2000 | 296.68 million current LCU | +16.3% |
| 2001 | 326.11 million current LCU | +9.9% |
| 2002 | 359.96 million current LCU | +10.4% |
| 2003 | 379.80 million current LCU | +5.5% |
| 2004 | 416.02 million current LCU | +9.5% |
| 2005 | 474.75 million current LCU | +14.1% |
| 2006 | 530.43 million current LCU | +11.7% |
| 2007 | 591.66 million current LCU | +11.5% |
| 2008 | 593.96 million current LCU | +0.4% |
| 2009 | 601.13 million current LCU | +1.2% |
| 2010 | 659.34 million current LCU | +9.7% |
| 2011 | 671.12 million current LCU | +1.8% |
| 2012 | 704.06 million current LCU | +4.9% |
| 2013 | 751.86 million current LCU | +6.8% |
| 2014 | 849.42 million current LCU | +13.0% |
| 2015 | 864.33 million current LCU | +1.8% |
| 2016 | 924.67 million current LCU | +7.0% |
| 2017 | 967.44 million current LCU | +4.6% |
Belize compared with similar countries
- Belize's 967.44 million current LCU is below the median for upper middle income countries, which is 346.89 billion current LCU, 0% of the median. (48 countries reporting)
- Belize's 967.44 million current LCU is below the median for Latin America & Caribbean, which is 102.16 billion current LCU, 1% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 228.45 million current LCU | 176.84 million current LCU | 271.44 million current LCU | 10 |
| 2000s | 457.05 million current LCU | 296.68 million current LCU | 601.13 million current LCU | 10 |
| 2010s | 799.03 million current LCU | 659.34 million current LCU | 967.44 million current LCU | 8 |
Countries ranked near Belize
- 139 Barbados 2.66 billion current LCU compare
- 140 Seychelles 2.05 billion current LCU compare
- 141 Saint Lucia 983.42 million current LCU compare
- 143 East Timor 694.44 million current LCU compare
- 144 Samoa 683.50 million current LCU compare
- 145 Andorra 581.74 million current LCU
More public sector data for Belize
- Democracy, 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)
- Elected parliament, 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)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is tax revenue in Belize?
- Tax revenue in Belize was 967.44 million current LCU in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Belize?
- The highest recorded value was 967.44 million current LCU in 2017.
- What is the lowest tax revenue recorded in Belize?
- The lowest recorded value was 176.84 million current LCU in 1990.
- How does Belize rank for tax revenue?
- Belize ranks 142nd out of 157 countries with data for 2017.
- Is tax revenue rising or falling in Belize?
- Over the last ten years it is up 63.5%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.