Africa's Development Dynamics (AfDD) Table 16 - Public finances in Belize
Belize: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 24.22 Percentage of GDP in 2029. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Belize, 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2029, africa's development dynamics (afdd) table 16 - public finances in Belize stood at 24.22 Percentage of GDP.
The figure is down 0.2% on the previous year and down 11.8% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Belize peaked at 33.15 Percentage of GDP in 2020 and was at its lowest, 21.25 Percentage of GDP, in 2006.
That places Belize 106th out of 166 countries with data for 2029, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Belize, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 24.35 Percentage of GDP | — |
| 2001 | 26.84 Percentage of GDP | +10.2% |
| 2002 | 25.3 Percentage of GDP | -5.7% |
| 2003 | 25.35 Percentage of GDP | +0.2% |
| 2004 | 22.4 Percentage of GDP | -11.6% |
| 2005 | 22.11 Percentage of GDP | -1.3% |
| 2006 | 21.25 Percentage of GDP | -3.9% |
| 2007 | 22.15 Percentage of GDP | +4.2% |
| 2008 | 21.86 Percentage of GDP | -1.3% |
| 2009 | 23.27 Percentage of GDP | +6.5% |
| 2010 | 23.44 Percentage of GDP | +0.7% |
| 2011 | 23.64 Percentage of GDP | +0.9% |
| 2012 | 22.26 Percentage of GDP | -5.8% |
| 2013 | 23.97 Percentage of GDP | +7.7% |
| 2014 | 24.97 Percentage of GDP | +4.2% |
| 2015 | 27.93 Percentage of GDP | +11.8% |
| 2016 | 27.65 Percentage of GDP | -1.0% |
| 2017 | 27.66 Percentage of GDP | +0.0% |
| 2018 | 26.85 Percentage of GDP | -2.9% |
| 2019 | 27.47 Percentage of GDP | +2.3% |
| 2020 | 33.15 Percentage of GDP | +20.7% |
| 2021 | 25.78 Percentage of GDP | -22.2% |
| 2022 | 22.97 Percentage of GDP | -10.9% |
| 2023 | 23.7 Percentage of GDP | +3.2% |
| 2024 | 23.89 Percentage of GDP | +0.8% |
| 2025 | 24.28 Percentage of GDP | +1.6% |
| 2026 | 24.33 Percentage of GDP | +0.2% |
| 2027 | 24.29 Percentage of GDP | -0.2% |
| 2028 | 24.27 Percentage of GDP | -0.1% |
| 2029 | 24.22 Percentage of GDP | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.49 Percentage of GDP | 21.25 Percentage of GDP | 26.84 Percentage of GDP | 10 |
| 2010s | 25.58 Percentage of GDP | 22.26 Percentage of GDP | 27.93 Percentage of GDP | 10 |
| 2020s | 25.09 Percentage of GDP | 22.97 Percentage of GDP | 33.15 Percentage of GDP | 10 |
Countries ranked near Belize
- 103 Brunei Darussalam 24.6 Percentage of GDP compare
- 104 Philippines 24.4 Percentage of GDP compare
- 105 Ireland 24.35 Percentage of GDP compare
- 107 Oman 23.9 Percentage of GDP compare
- 108 Saint Lucia 23.78 Percentage of GDP compare
- 109 Liberia 23.66 Percentage of GDP compare
More economy & growth data for Belize
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.27 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.54 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.31 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.7 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 13,052 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.18 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7035 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 5,534 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.18 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.42 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Belize?
- Africa's development dynamics (afdd) table 16 - public finances in Belize was 24.22 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Belize?
- The highest recorded value was 33.15 Percentage of GDP in 2020.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Belize?
- The lowest recorded value was 21.25 Percentage of GDP in 2006.
- How does Belize rank for africa's development dynamics (afdd) table 16 - public finances?
- Belize ranks 106th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Belize?
- Over the last ten years it is down 11.8%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.