Share of products from least-developed countries that have no tariff in Belize
Belize: Share of products from least-developed countries that have no tariff was 72.1% in 2024. ▲ Rising
Share of products from least-developed countries that have no tariff in Belize, 2005–2024
Source: UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for share of products from least-developed countries that have no tariff in Belize is 72.1%, measured in 2024.
That represents a change of down 0.1% on the previous year and up 22.7% over ten years.
Over the whole period, share of products from least-developed countries that have no tariff in Belize peaked at 72.1% in 2023 and was at its lowest, 50.8%, in 2005.
That places Belize 64th out of 230 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Share of products from least-developed countries that have no tariff in Belize, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 50.8% | — |
| 2010 | 52.7% | +3.8% |
| 2015 | 58.7% | +11.5% |
| 2016 | 66.6% | +13.3% |
| 2017 | 63.2% | -5.0% |
| 2018 | 64.7% | +2.4% |
| 2019 | 67.2% | +3.8% |
| 2020 | 67.6% | +0.6% |
| 2021 | 69.1% | +2.2% |
| 2022 | 69.8% | +1.0% |
| 2023 | 72.1% | +3.3% |
| 2024 | 72.1% | -0.1% |
Belize compared with similar countries
- Belize's 72.1% is above the median for upper middle income countries, which is 65.5%, 1.1× the median. (58 countries reporting)
- Belize's 72.1% is above the median for Latin America & Caribbean, which is 68.3%, 1.1× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 50.8% | 50.8% | 50.8% | 1 |
| 2010s | 62.2% | 52.7% | 67.2% | 6 |
| 2020s | 70.1% | 67.6% | 72.1% | 5 |
Countries ranked near Belize
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.40 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0004 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 3.3 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240,004 BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 0.5675 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is share of products from least-developed countries that have no tariff in Belize?
- Share of products from least-developed countries that have no tariff in Belize was 72.1% in 2024, according to UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data.
- What is the highest share of products from least-developed countries that have no tariff recorded in Belize?
- The highest recorded value was 72.1% in 2023.
- What is the lowest share of products from least-developed countries that have no tariff recorded in Belize?
- The lowest recorded value was 50.8% in 2005.
- How does Belize rank for share of products from least-developed countries that have no tariff?
- Belize ranks 64th out of 230 countries with data for 2024.
- Is share of products from least-developed countries that have no tariff rising or falling in Belize?
- Over the last ten years it is up 22.7%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data, published as part of Share of products from least-developed countries that have no tariff. Statizoid updates them automatically from the source API.
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About this data
Proportion of tariff lines applied to imports with zero-tariff (%).