Taxes on goods and services (current LCU), per unit of GDP in Belize
Belize: Taxes on goods and services (current LCU), per unit of GDP was 0.2352 current LCU per US$ of GDP in 2017. ▲ Rising
Taxes on goods and services (current LCU), per unit of GDP in Belize, 1990–2017
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes on goods and services (current lcu), per unit of gdp in Belize is 0.2352 current LCU per US$ of GDP, measured in 2017. That is the highest value across all 28 years on record.
The figure is up 7.7% on the previous year and up 70.1% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Belize peaked at 0.2352 current LCU per US$ of GDP in 2017 and was at its lowest, 0.0293 current LCU per US$ of GDP, in 1992.
Belize ranks 104th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Belize, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.0375 current LCU per US$ of GDP | — |
| 1991 | 0.0337 current LCU per US$ of GDP | -10.1% |
| 1992 | 0.0293 current LCU per US$ of GDP | -12.9% |
| 1993 | 0.0382 current LCU per US$ of GDP | +30.2% |
| 1994 | 0.0463 current LCU per US$ of GDP | +21.1% |
| 1995 | 0.051 current LCU per US$ of GDP | +10.2% |
| 1996 | 0.1227 current LCU per US$ of GDP | +140.6% |
| 1997 | 0.1123 current LCU per US$ of GDP | -8.5% |
| 1998 | 0.1054 current LCU per US$ of GDP | -6.2% |
| 1999 | 0.082 current LCU per US$ of GDP | -22.2% |
| 2000 | 0.0895 current LCU per US$ of GDP | +9.1% |
| 2001 | 0.0921 current LCU per US$ of GDP | +2.9% |
| 2002 | 0.0913 current LCU per US$ of GDP | -0.9% |
| 2003 | 0.0917 current LCU per US$ of GDP | +0.5% |
| 2004 | 0.1007 current LCU per US$ of GDP | +9.8% |
| 2005 | 0.1233 current LCU per US$ of GDP | +22.5% |
| 2006 | 0.1365 current LCU per US$ of GDP | +10.6% |
| 2007 | 0.1383 current LCU per US$ of GDP | +1.4% |
| 2008 | 0.1362 current LCU per US$ of GDP | -1.6% |
| 2009 | 0.1286 current LCU per US$ of GDP | -5.5% |
| 2010 | 0.1436 current LCU per US$ of GDP | +11.6% |
| 2011 | 0.1257 current LCU per US$ of GDP | -12.4% |
| 2012 | 0.1446 current LCU per US$ of GDP | +15.1% |
| 2013 | 0.1499 current LCU per US$ of GDP | +3.6% |
| 2014 | 0.1616 current LCU per US$ of GDP | +7.8% |
| 2015 | 0.1616 current LCU per US$ of GDP | +0.0% |
| 2016 | 0.2185 current LCU per US$ of GDP | +35.2% |
| 2017 | 0.2352 current LCU per US$ of GDP | +7.7% |
Belize compared with similar countries
- Belize's 0.2352 current LCU per US$ of GDP is below the median for upper middle income countries, which is 1.74 current LCU per US$ of GDP, 14% of the median. (48 countries reporting)
- Belize's 0.2352 current LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.5148 current LCU per US$ of GDP, 46% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU), per unit of GDP 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 |
|---|---|---|---|
| 1996 | +140.6% | 0.051 current LCU per US$ of GDP | 0.1227 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0658 current LCU per US$ of GDP | 0.0293 current LCU per US$ of GDP | 0.1227 current LCU per US$ of GDP | 10 |
| 2000s | 0.1128 current LCU per US$ of GDP | 0.0895 current LCU per US$ of GDP | 0.1383 current LCU per US$ of GDP | 10 |
| 2010s | 0.1676 current LCU per US$ of GDP | 0.1257 current LCU per US$ of GDP | 0.2352 current LCU per US$ of GDP | 8 |
Countries ranked near Belize
- 101 Brazil 0.2899 current LCU per US$ of GDP compare
- 102 Belarus 0.2842 current LCU per US$ of GDP compare
- 103 Fiji 0.2832 current LCU per US$ of GDP compare
- 105 Barbados 0.232 current LCU per US$ of GDP compare
- 106 Saudi Arabia 0.2303 current LCU per US$ of GDP compare
- 107 Saint Lucia 0.195 current LCU per US$ of GDP 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 taxes on goods and services (current lcu), per unit of gdp in Belize?
- Taxes on goods and services (current lcu), per unit of gdp in Belize was 0.2352 current LCU per US$ of GDP in 2017, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Belize?
- The highest recorded value was 0.2352 current LCU per US$ of GDP in 2017.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Belize?
- The lowest recorded value was 0.0293 current LCU per US$ of GDP in 1992.
- How does Belize rank for taxes on goods and services (current lcu), per unit of gdp?
- Belize ranks 104th out of 157 countries with data for 2017.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Belize?
- Over the last ten years it is up 70.1%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.