Revenue Statistics in Latin America and the Caribbean - Comparative in Belize
Belize: Revenue Statistics in Latin America and the Caribbean - Comparative was 24.51 Percentage of GDP in 2024. ▲ Rising
Revenue Statistics in Latin America and the Caribbean - Comparative in Belize, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for revenue statistics in latin america and the caribbean - comparative in Belize is 24.51 Percentage of GDP, measured in 2024.
The figure is down 0.7% on the previous year and up 13.0% over ten years.
Over the whole period, revenue statistics in latin america and the caribbean - comparative in Belize peaked at 24.7 Percentage of GDP in 2018 and was at its lowest, 13.81 Percentage of GDP, in 1999.
That places Belize 9th out of 29 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Revenue Statistics in Latin America and the Caribbean - Comparative 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 Latin America & Caribbean, which is 21.28 Percentage of GDP, 1.2× the median. (29 countries reporting)
- Belize's 24.51 Percentage of GDP is above the median for upper middle income countries, which is 21.49 Percentage of GDP, 1.1× the median. (16 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
- 6 Uruguay 27.25 Percentage of GDP compare
- 7 Costa Rica 24.84 Percentage of GDP compare
- 8 Trinidad and Tobago 24.59 Percentage of GDP compare
- 10 Bolivia, Plurinational State of 23.61 Percentage of GDP compare
- 11 El Salvador 23.59 Percentage of GDP compare
- 12 Grenada 23.5 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)
- 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 revenue statistics in latin america and the caribbean - comparative in Belize?
- Revenue statistics in latin america and the caribbean - comparative in Belize was 24.51 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in latin america and the caribbean - comparative recorded in Belize?
- The highest recorded value was 24.7 Percentage of GDP in 2018.
- What is the lowest revenue statistics in latin america and the caribbean - comparative recorded in Belize?
- The lowest recorded value was 13.81 Percentage of GDP in 1999.
- How does Belize rank for revenue statistics in latin america and the caribbean - comparative?
- Belize ranks 9th out of 29 countries with data for 2024.
- Is revenue statistics in latin america and the caribbean - comparative 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 Revenue Statistics in Latin America and the Caribbean - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from Revenue Statistics in Latin America and the Caribbean countries presented as a percentage of GDP and as a share of total tax revenues 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.