Taxes on goods and services (current LCU) in Belize
Belize: Taxes on goods and services (current LCU) was 533.03 million current LCU in 2017. ◆ Volatile
Taxes on goods and services in Belize, 1990–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Belize recorded 533.03 million current LCU for taxes on goods and services in 2017. That is the highest value across all 28 years on record.
That represents a change of up 8.9% on the previous year and up 125.9% over ten years.
Over the whole period, taxes on goods and services in Belize peaked at 533.03 million current LCU in 2017 and was at its lowest, 20.10 million current LCU, in 1991.
That places Belize 141st out of 157 countries with data for 2017, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU) in Belize, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 20.49 million current LCU | — |
| 1991 | 20.10 million current LCU | -1.9% |
| 1992 | 20.41 million current LCU | +1.6% |
| 1993 | 28.75 million current LCU | +40.8% |
| 1994 | 35.71 million current LCU | +24.2% |
| 1995 | 41.75 million current LCU | +16.9% |
| 1996 | 104.34 million current LCU | +149.9% |
| 1997 | 98.05 million current LCU | -6.0% |
| 1998 | 97.92 million current LCU | -0.1% |
| 1999 | 81.97 million current LCU | -16.3% |
| 2000 | 101.85 million current LCU | +24.2% |
| 2001 | 107.95 million current LCU | +6.0% |
| 2002 | 113.53 million current LCU | +5.2% |
| 2003 | 120.03 million current LCU | +5.7% |
| 2004 | 141.00 million current LCU | +17.5% |
| 2005 | 181.83 million current LCU | +29.0% |
| 2006 | 217.03 million current LCU | +19.4% |
| 2007 | 235.97 million current LCU | +8.7% |
| 2008 | 236.70 million current LCU | +0.3% |
| 2009 | 217.10 million current LCU | -8.3% |
| 2010 | 251.10 million current LCU | +15.7% |
| 2011 | 230.25 million current LCU | -8.3% |
| 2012 | 277.27 million current LCU | +20.4% |
| 2013 | 305.03 million current LCU | +10.0% |
| 2014 | 345.57 million current LCU | +13.3% |
| 2015 | 354.46 million current LCU | +2.6% |
| 2016 | 489.35 million current LCU | +38.1% |
| 2017 | 533.03 million current LCU | +8.9% |
Belize compared with similar countries
- Belize's 533.03 million current LCU is below the median for upper middle income countries, which is 103.35 billion current LCU, 1% of the median. (48 countries reporting)
- Belize's 533.03 million current LCU is below the median for Latin America & Caribbean, which is 58.28 billion current LCU, 1% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU) 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 | +149.9% | 41.75 million current LCU | 104.34 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 54.95 million current LCU | 20.10 million current LCU | 104.34 million current LCU | 10 |
| 2000s | 167.30 million current LCU | 101.85 million current LCU | 236.70 million current LCU | 10 |
| 2010s | 348.26 million current LCU | 230.25 million current LCU | 533.03 million current LCU | 8 |
Countries ranked near Belize
- 138 Barbados 1.32 billion current LCU compare
- 139 Solomon Islands 1.31 billion current LCU compare
- 140 Seychelles 1.15 billion current LCU compare
- 142 Samoa 459.37 million current LCU compare
- 143 Saint Lucia 389.73 million current LCU compare
- 144 Bahrain 288.68 million current LCU 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)
- 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)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, 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 taxes on goods and services in Belize?
- Taxes on goods and services in Belize was 533.03 million current LCU in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Belize?
- The highest recorded value was 533.03 million current LCU in 2017.
- What is the lowest taxes on goods and services recorded in Belize?
- The lowest recorded value was 20.10 million current LCU in 1991.
- How does Belize rank for taxes on goods and services?
- Belize ranks 141st out of 157 countries with data for 2017.
- Is taxes on goods and services rising or falling in Belize?
- Over the last ten years it is up 125.9%. 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 Taxes on goods and services (current LCU). 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
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.