Government revenues as a share of GDP in Belize
Belize: Government revenues as a share of GDP was 29.9% in 2017. ▲ Rising
Government revenues as a share of GDP in Belize, 2000–2017
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
In 2017, government revenues as a share of gdp in Belize stood at 29.9%. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 3.8% on the previous year and up 5.5% over ten years.
Over the whole period, government revenues as a share of gdp in Belize peaked at 29.9% in 2017 and was at its lowest, 21.8%, in 2000.
Belize ranks 84th of 174 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Government revenues as a share of GDP in Belize, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 21.8% | — |
| 2001 | 21.8% | +0.1% |
| 2002 | 22.3% | +2.2% |
| 2003 | 22.6% | +1.4% |
| 2004 | 22.2% | -1.7% |
| 2005 | 24.8% | +11.3% |
| 2006 | 25.5% | +3.0% |
| 2007 | 28.3% | +11.1% |
| 2008 | 27.5% | -3.0% |
| 2009 | 26.4% | -3.8% |
| 2010 | 27.7% | +4.8% |
| 2011 | 27.8% | +0.4% |
| 2012 | 25.6% | -7.9% |
| 2013 | 29.2% | +14.0% |
| 2014 | 29.2% | +0.0% |
| 2015 | 27.9% | -4.3% |
| 2016 | 28.8% | +3.1% |
| 2017 | 29.9% | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.3% | 21.8% | 28.3% | 10 |
| 2010s | 28.3% | 25.6% | 29.9% | 8 |
Countries ranked near Belize
- 81 Costa Rica 30.5% compare
- 82 Georgia 30.4% compare
- 83 Türkiye 30.3% compare
- 85 United States of America 29.9% compare
- 86 Barbados 29.7% compare
- 87 United Arab Emirates 29.5% 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 11.72 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.4507 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 3,462 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -55.29 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -55.29 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 2.51 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.159 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,221 current LCU per person (2024)
Frequently asked questions
- What is government revenues as a share of gdp in Belize?
- Government revenues as a share of gdp in Belize was 29.9% in 2017, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest government revenues as a share of gdp recorded in Belize?
- The highest recorded value was 29.9% in 2017.
- What is the lowest government revenues as a share of gdp recorded in Belize?
- The lowest recorded value was 21.8% in 2000.
- How does Belize rank for government revenues as a share of gdp?
- Belize ranks 84th out of 174 countries with data for 2017.
- Is government revenues as a share of gdp rising or falling in Belize?
- Over the last ten years it is up 5.5%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Government revenues as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.