Taxes less subsidies on products (constant LCU), per unit of GDP in Belize
Belize: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.2066 constant LCU per US$ of GDP in 2025. ◆ Volatile
Taxes less subsidies on products (constant LCU), per unit of GDP in Belize, 1970–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2025, taxes less subsidies on products (constant lcu), per unit of gdp in Belize stood at 0.2066 constant LCU per US$ of GDP.
The figure is down 3.8% on the previous year and down 22.0% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Belize peaked at 0.3091 constant LCU per US$ of GDP in 1976 and was at its lowest, -0.5584 constant LCU per US$ of GDP, in 1971.
Belize ranks 113th of 189 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), per unit of GDP in Belize, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | -0.5461 constant LCU per US$ of GDP | — |
| 1971 | -0.5584 constant LCU per US$ of GDP | +2.3% |
| 1972 | -0.2494 constant LCU per US$ of GDP | -55.3% |
| 1973 | -0.1848 constant LCU per US$ of GDP | -25.9% |
| 1974 | 0.1685 constant LCU per US$ of GDP | -191.2% |
| 1975 | 0.133 constant LCU per US$ of GDP | -21.1% |
| 1976 | 0.3091 constant LCU per US$ of GDP | +132.4% |
| 1977 | -0.0038 constant LCU per US$ of GDP | -101.2% |
| 1978 | 0.0998 constant LCU per US$ of GDP | -2714.9% |
| 1979 | 0.2335 constant LCU per US$ of GDP | +134.1% |
| 1980 | 0.1919 constant LCU per US$ of GDP | -17.8% |
| 1981 | 0.1795 constant LCU per US$ of GDP | -6.5% |
| 1982 | 0.1951 constant LCU per US$ of GDP | +8.7% |
| 1983 | 0.1732 constant LCU per US$ of GDP | -11.2% |
| 1984 | 0.1622 constant LCU per US$ of GDP | -6.3% |
| 1985 | 0.173 constant LCU per US$ of GDP | +6.6% |
| 1986 | 0.1846 constant LCU per US$ of GDP | +6.7% |
| 1987 | 0.166 constant LCU per US$ of GDP | -10.1% |
| 1988 | 0.1879 constant LCU per US$ of GDP | +13.2% |
| 1989 | 0.181 constant LCU per US$ of GDP | -3.7% |
| 1990 | 0.1923 constant LCU per US$ of GDP | +6.2% |
| 1991 | 0.282 constant LCU per US$ of GDP | +46.6% |
| 1992 | 0.2708 constant LCU per US$ of GDP | -3.9% |
| 1993 | 0.261 constant LCU per US$ of GDP | -3.6% |
| 1994 | 0.245 constant LCU per US$ of GDP | -6.2% |
| 1995 | 0.2361 constant LCU per US$ of GDP | -3.6% |
| 1996 | 0.2305 constant LCU per US$ of GDP | -2.4% |
| 1997 | 0.2358 constant LCU per US$ of GDP | +2.3% |
| 1998 | 0.2373 constant LCU per US$ of GDP | +0.6% |
| 1999 | 0.2408 constant LCU per US$ of GDP | +1.5% |
| 2000 | 0.2264 constant LCU per US$ of GDP | -6.0% |
| 2001 | 0.2549 constant LCU per US$ of GDP | +12.6% |
| 2002 | 0.2627 constant LCU per US$ of GDP | +3.1% |
| 2003 | 0.2718 constant LCU per US$ of GDP | +3.4% |
| 2004 | 0.2579 constant LCU per US$ of GDP | -5.1% |
| 2005 | 0.2345 constant LCU per US$ of GDP | -9.1% |
| 2006 | 0.2344 constant LCU per US$ of GDP | -0.0% |
| 2007 | 0.2353 constant LCU per US$ of GDP | +0.4% |
| 2008 | 0.2271 constant LCU per US$ of GDP | -3.5% |
| 2009 | 0.2052 constant LCU per US$ of GDP | -9.6% |
| 2010 | 0.2235 constant LCU per US$ of GDP | +8.9% |
| 2011 | 0.2273 constant LCU per US$ of GDP | +1.7% |
| 2012 | 0.2339 constant LCU per US$ of GDP | +2.9% |
| 2013 | 0.2373 constant LCU per US$ of GDP | +1.5% |
| 2014 | 0.2415 constant LCU per US$ of GDP | +1.8% |
| 2015 | 0.2648 constant LCU per US$ of GDP | +9.6% |
| 2016 | 0.2627 constant LCU per US$ of GDP | -0.8% |
| 2017 | 0.2375 constant LCU per US$ of GDP | -9.6% |
| 2018 | 0.2412 constant LCU per US$ of GDP | +1.5% |
| 2019 | 0.2417 constant LCU per US$ of GDP | +0.2% |
| 2020 | 0.2245 constant LCU per US$ of GDP | -7.1% |
| 2021 | 0.2318 constant LCU per US$ of GDP | +3.3% |
| 2022 | 0.2462 constant LCU per US$ of GDP | +6.2% |
| 2023 | 0.2271 constant LCU per US$ of GDP | -7.7% |
| 2024 | 0.2148 constant LCU per US$ of GDP | -5.4% |
| 2025 | 0.2066 constant LCU per US$ of GDP | -3.8% |
Belize compared with similar countries
- Belize's 0.2066 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 0.3532 constant LCU per US$ of GDP, 58% of the median. (54 countries reporting)
- Belize's 0.2066 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.3169 constant LCU per US$ of GDP, 65% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (constant LCU), per unit of GDP in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | +2714.9% | -0.0038 constant LCU per US$ of GDP | 0.0998 constant LCU per US$ of GDP |
| 1974 | +191.2% | -0.1848 constant LCU per US$ of GDP | 0.1685 constant LCU per US$ of GDP |
| 1979 | +134.1% | 0.0998 constant LCU per US$ of GDP | 0.2335 constant LCU per US$ of GDP |
| 1976 | +132.4% | 0.133 constant LCU per US$ of GDP | 0.3091 constant LCU per US$ of GDP |
| 1977 | -101.2% | 0.3091 constant LCU per US$ of GDP | -0.0038 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -0.0599 constant LCU per US$ of GDP | -0.5584 constant LCU per US$ of GDP | 0.3091 constant LCU per US$ of GDP | 10 |
| 1980s | 0.1794 constant LCU per US$ of GDP | 0.1622 constant LCU per US$ of GDP | 0.1951 constant LCU per US$ of GDP | 10 |
| 1990s | 0.2432 constant LCU per US$ of GDP | 0.1923 constant LCU per US$ of GDP | 0.282 constant LCU per US$ of GDP | 10 |
| 2000s | 0.241 constant LCU per US$ of GDP | 0.2052 constant LCU per US$ of GDP | 0.2718 constant LCU per US$ of GDP | 10 |
| 2010s | 0.2411 constant LCU per US$ of GDP | 0.2235 constant LCU per US$ of GDP | 0.2648 constant LCU per US$ of GDP | 10 |
| 2020s | 0.2252 constant LCU per US$ of GDP | 0.2066 constant LCU per US$ of GDP | 0.2462 constant LCU per US$ of GDP | 6 |
Countries ranked near Belize
- 110 Zambia 0.2356 constant LCU per US$ of GDP compare
- 111 Tonga 0.2311 constant LCU per US$ of GDP compare
- 112 Bosnia and Herzegovina 0.2292 constant LCU per US$ of GDP compare
- 114 Saudi Arabia 0.2018 constant LCU per US$ of GDP compare
- 115 Barbados 0.1994 constant LCU per US$ of GDP compare
- 116 Georgia 0.1931 constant LCU per US$ 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$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per unit of gdp in Belize?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Belize was 0.2066 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Belize?
- The highest recorded value was 0.3091 constant LCU per US$ of GDP in 1976.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Belize?
- The lowest recorded value was -0.5584 constant LCU per US$ of GDP in 1971.
- How does Belize rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Belize ranks 113th out of 189 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Belize?
- Over the last ten years it is down 22.0%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.