Global Revenue Statistics - Comparative tax revenues in Belize
Belize: Global Revenue Statistics - Comparative tax revenues was 24.51 Percentage of GDP in 2024. ▲ Rising
Global Revenue Statistics - Comparative tax revenues in Belize, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, global revenue statistics - comparative tax revenues in Belize stood at 24.51 Percentage of GDP.
That represents a change of down 0.7% on the previous year and up 13.0% over ten years.
Over the whole period, global revenue statistics - comparative tax revenues in Belize peaked at 24.7 Percentage of GDP in 2018 and was at its lowest, 13.81 Percentage of GDP, in 1999.
Belize ranks 56th of 135 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Global Revenue Statistics - Comparative tax revenues in Belize, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1990 | 16.3 Percentage of GDP | — |
| 1991 | 15.78 Percentage of GDP | -3.2% |
| 1992 | 14.39 Percentage of GDP | -8.8% |
| 1993 | 15.07 Percentage of GDP | +4.7% |
| 1994 | 15.55 Percentage of GDP | +3.2% |
| 1995 | 14.79 Percentage of GDP | -4.9% |
| 1996 | 15.24 Percentage of GDP | +3.0% |
| 1997 | 15.17 Percentage of GDP | -0.5% |
| 1998 | 15.27 Percentage of GDP | +0.6% |
| 1999 | 13.81 Percentage of GDP | -9.5% |
| 2000 | 13.99 Percentage of GDP | +1.3% |
| 2001 | 15.43 Percentage of GDP | +10.3% |
| 2002 | 16.25 Percentage of GDP | +5.3% |
| 2003 | 16.97 Percentage of GDP | +4.4% |
| 2004 | 16.42 Percentage of GDP | -3.2% |
| 2005 | 16.79 Percentage of GDP | +2.2% |
| 2006 | 17.22 Percentage of GDP | +2.6% |
| 2007 | 19.12 Percentage of GDP | +11.0% |
| 2008 | 18.91 Percentage of GDP | -1.1% |
| 2009 | 19.84 Percentage of GDP | +4.9% |
| 2010 | 21.15 Percentage of GDP | +6.6% |
| 2011 | 20.28 Percentage of GDP | -4.1% |
| 2012 | 20.24 Percentage of GDP | -0.2% |
| 2013 | 20.19 Percentage of GDP | -0.3% |
| 2014 | 21.69 Percentage of GDP | +7.4% |
| 2015 | 21.59 Percentage of GDP | -0.4% |
| 2016 | 22.44 Percentage of GDP | +3.9% |
| 2017 | 23.26 Percentage of GDP | +3.7% |
| 2018 | 24.7 Percentage of GDP | +6.2% |
| 2019 | 24.21 Percentage of GDP | -2.0% |
| 2020 | 22.83 Percentage of GDP | -5.7% |
| 2021 | 23.22 Percentage of GDP | +1.7% |
| 2022 | 23.43 Percentage of GDP | +0.9% |
| 2023 | 24.67 Percentage of GDP | +5.3% |
| 2024 | 24.51 Percentage of GDP | -0.7% |
Belize compared with similar countries
- Belize's 24.51 Percentage of GDP is above the median for upper middle income countries, which is 21.28 Percentage of GDP, 1.2× the median. (39 countries reporting)
- Belize's 24.51 Percentage of GDP is above the median for Latin America & Caribbean, which is 21.28 Percentage of GDP, 1.2× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.14 Percentage of GDP | 13.81 Percentage of GDP | 16.3 Percentage of GDP | 10 |
| 2000s | 17.09 Percentage of GDP | 13.99 Percentage of GDP | 19.84 Percentage of GDP | 10 |
| 2010s | 21.98 Percentage of GDP | 20.19 Percentage of GDP | 24.7 Percentage of GDP | 10 |
| 2020s | 23.73 Percentage of GDP | 22.83 Percentage of GDP | 24.67 Percentage of GDP | 5 |
Countries ranked near Belize
- 53 Georgia 25.01 Percentage of GDP compare
- 54 Costa Rica 24.84 Percentage of GDP compare
- 55 Trinidad and Tobago 24.59 Percentage of GDP compare
- 57 Fiji 24 Percentage of GDP compare
- 58 Solomon Islands 23.97 Percentage of GDP compare
- 59 Bolivia 23.61 Percentage of GDP compare
More economy & growth data for Belize
- Real gdp growth, annual growth rate 601 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.94 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 120.67 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0711 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0112 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 88.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is global revenue statistics - comparative tax revenues in Belize?
- Global revenue statistics - comparative tax revenues in Belize was 24.51 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - comparative tax revenues recorded in Belize?
- The highest recorded value was 24.7 Percentage of GDP in 2018.
- What is the lowest global revenue statistics - comparative tax revenues recorded in Belize?
- The lowest recorded value was 13.81 Percentage of GDP in 1999.
- How does Belize rank for global revenue statistics - comparative tax revenues?
- Belize ranks 56th out of 135 countries with data for 2024.
- Is global revenue statistics - comparative tax revenues rising or falling in Belize?
- Over the last ten years it is up 13.0%. 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 Global Revenue Statistics - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from countries included in Global Revenue Statistics, presented as a percentage of GDP and as a share of total tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.