Tax revenue as share of GDP in Belize
Belize: Tax revenue as share of GDP was 21.7% in 2023. ▲ Rising
Tax revenue as share of GDP in Belize, 1982–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for tax revenue as share of gdp in Belize is 21.7%, measured in 2023.
The figure is up 3.9% on the previous year and up 16.8% over ten years.
Over the whole period, tax revenue as share of gdp in Belize peaked at 22.5% in 2018 and was at its lowest, 13.4%, in 1999.
Belize ranks 78th of 192 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 42 years of available data.
Tax revenue as share of GDP in Belize, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1982 | 14.5% | — |
| 1983 | 13.9% | -4.4% |
| 1984 | 15.0% | +8.1% |
| 1985 | 15.4% | +2.5% |
| 1986 | 16.5% | +7.1% |
| 1987 | 13.7% | -16.9% |
| 1988 | 15.1% | +10.2% |
| 1989 | 14.8% | -1.9% |
| 1990 | 16.6% | +12.2% |
| 1991 | 15.9% | -4.0% |
| 1992 | 15.4% | -3.4% |
| 1993 | 15.0% | -2.2% |
| 1994 | 15.4% | +2.5% |
| 1995 | 14.6% | -5.3% |
| 1996 | 15.1% | +3.7% |
| 1997 | 15.2% | +0.6% |
| 1998 | 15.2% | +0.1% |
| 1999 | 13.4% | -11.8% |
| 2000 | 13.7% | +2.1% |
| 2001 | 14.4% | +5.2% |
| 2002 | 15.4% | +6.6% |
| 2003 | 15.4% | -0.1% |
| 2004 | 15.3% | -0.3% |
| 2005 | 16.6% | +8.5% |
| 2006 | 16.7% | +0.6% |
| 2007 | 17.4% | +4.0% |
| 2008 | 17.1% | -1.5% |
| 2009 | 17.9% | +4.2% |
| 2010 | 19.0% | +6.1% |
| 2011 | 18.4% | -2.7% |
| 2012 | 18.6% | +0.6% |
| 2013 | 18.6% | +0.3% |
| 2014 | 20.0% | +7.5% |
| 2015 | 19.7% | -1.5% |
| 2016 | 20.6% | +4.8% |
| 2017 | 21.3% | +3.4% |
| 2018 | 22.5% | +5.6% |
| 2019 | 21.9% | -2.8% |
| 2020 | 20.0% | -8.7% |
| 2021 | 20.7% | +3.4% |
| 2022 | 20.9% | +1.1% |
| 2023 | 21.7% | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 14.8% | 13.7% | 16.5% | 8 |
| 1990s | 15.2% | 13.4% | 16.6% | 10 |
| 2000s | 16.0% | 13.7% | 17.9% | 10 |
| 2010s | 20.1% | 18.4% | 22.5% | 10 |
| 2020s | 20.8% | 20.0% | 21.7% | 4 |
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)
- Exports of goods and services (current LCU), annual growth rate 5.51 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 1.1 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 8,484 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 5.97 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4652 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 3,573 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 8.2 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2113 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is tax revenue as share of gdp in Belize?
- Tax revenue as share of gdp in Belize was 21.7% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest tax revenue as share of gdp recorded in Belize?
- The highest recorded value was 22.5% in 2018.
- What is the lowest tax revenue as share of gdp recorded in Belize?
- The lowest recorded value was 13.4% in 1999.
- How does Belize rank for tax revenue as share of gdp?
- Belize ranks 78th out of 192 countries with data for 2023.
- Is tax revenue as share of gdp rising or falling in Belize?
- Over the last ten years it is up 16.8%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Tax revenue as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Direct and indirect taxes as well as social contributions included.