Taxes less subsidies on products in Belize
Belize: Taxes less subsidies on products was 687.40 million constant LCU in 2025. ◆ Volatile
Latest (2025)
687.40 million constant LCU
Change on year
down 0.1%
World rank
156th
of 187 countries
All-time high
700.71 million constant LCU
in 2022
All-time low
-32.99 million constant LCU
in 1971
Years of data
56
1970–2025
Taxes less subsidies on products in Belize, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Belize recorded 687.40 million constant LCU for taxes less subsidies on products in 2025.
That represents a change of down 0.1% on the previous year and up 18.4% over ten years.
Over the whole period, taxes less subsidies on products in Belize peaked at 700.71 million constant LCU in 2022 and was at its lowest, -32.99 million constant LCU, in 1971.
That places Belize 156th out of 187 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Belize, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | -29.13 million constant LCU | — |
| 1971 | -32.99 million constant LCU | +13.2% |
| 1972 | -16.46 million constant LCU | -50.1% |
| 1973 | -14.46 million constant LCU | -12.2% |
| 1974 | 17.38 million constant LCU | -220.3% |
| 1975 | 15.72 million constant LCU | -9.6% |
| 1976 | 30.01 million constant LCU | +90.9% |
| 1977 | -448,823 constant LCU | -101.5% |
| 1978 | 13.60 million constant LCU | -3129.4% |
| 1979 | 35.45 million constant LCU | +160.7% |
| 1980 | 49.40 million constant LCU | +39.4% |
| 1981 | 46.80 million constant LCU | -5.3% |
| 1982 | 48.50 million constant LCU | +3.6% |
| 1983 | 45.40 million constant LCU | -6.4% |
| 1984 | 47.10 million constant LCU | +3.7% |
| 1985 | 49.70 million constant LCU | +5.5% |
| 1986 | 57.50 million constant LCU | +15.7% |
| 1987 | 61.60 million constant LCU | +7.1% |
| 1988 | 79.20 million constant LCU | +28.6% |
| 1989 | 88.90 million constant LCU | +12.2% |
| 1990 | 105.15 million constant LCU | +18.3% |
| 1991 | 168.24 million constant LCU | +60.0% |
| 1992 | 188.43 million constant LCU | +12.0% |
| 1993 | 196.35 million constant LCU | +4.2% |
| 1994 | 189.07 million constant LCU | -3.7% |
| 1995 | 193.25 million constant LCU | +2.2% |
| 1996 | 196.00 million constant LCU | +1.4% |
| 1997 | 205.84 million constant LCU | +5.0% |
| 1998 | 220.47 million constant LCU | +7.1% |
| 1999 | 240.71 million constant LCU | +9.2% |
| 2000 | 257.68 million constant LCU | +7.1% |
| 2001 | 298.78 million constant LCU | +16.0% |
| 2002 | 326.83 million constant LCU | +9.4% |
| 2003 | 355.55 million constant LCU | +8.8% |
| 2004 | 361.18 million constant LCU | +1.6% |
| 2005 | 345.67 million constant LCU | -4.3% |
| 2006 | 372.81 million constant LCU | +7.9% |
| 2007 | 401.41 million constant LCU | +7.7% |
| 2008 | 394.77 million constant LCU | -1.7% |
| 2009 | 346.35 million constant LCU | -12.3% |
| 2010 | 390.92 million constant LCU | +12.9% |
| 2011 | 416.24 million constant LCU | +6.5% |
| 2012 | 448.32 million constant LCU | +7.7% |
| 2013 | 483.03 million constant LCU | +7.7% |
| 2014 | 516.42 million constant LCU | +6.9% |
| 2015 | 580.67 million constant LCU | +12.4% |
| 2016 | 588.33 million constant LCU | +1.3% |
| 2017 | 538.21 million constant LCU | -8.5% |
| 2018 | 551.30 million constant LCU | +2.4% |
| 2019 | 575.64 million constant LCU | +4.4% |
| 2020 | 459.53 million constant LCU | -20.2% |
| 2021 | 562.85 million constant LCU | +22.5% |
| 2022 | 700.71 million constant LCU | +24.5% |
| 2023 | 693.28 million constant LCU | -1.1% |
| 2024 | 688.16 million constant LCU | -0.7% |
| 2025 | 687.40 million constant LCU | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.87 million constant LCU | -32.99 million constant LCU | 35.45 million constant LCU | 10 |
| 1980s | 57.41 million constant LCU | 45.40 million constant LCU | 88.90 million constant LCU | 10 |
| 1990s | 190.35 million constant LCU | 105.15 million constant LCU | 240.71 million constant LCU | 10 |
| 2000s | 346.10 million constant LCU | 257.68 million constant LCU | 401.41 million constant LCU | 10 |
| 2010s | 508.91 million constant LCU | 390.92 million constant LCU | 588.33 million constant LCU | 10 |
| 2020s | 631.99 million constant LCU | 459.53 million constant LCU | 700.71 million constant LCU | 6 |
Countries ranked near Belize
- 153 Saint Lucia 838.90 million constant LCU compare
- 154 Montenegro 743.20 million constant LCU compare
- 155 Bahrain 722.65 million constant LCU compare
- 157 Antigua and Barbuda 563.21 million constant LCU compare
- 158 Tajikistan 515.88 million constant LCU compare
- 159 Grenada 464.58 million constant LCU 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)
- GDP (constant 2015 US$), annual growth rate 2.75 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8104 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 6,374 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.75 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1.62 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 12,772 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 1.2 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.1977 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products in Belize?
- Taxes less subsidies on products in Belize was 687.40 million constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Belize?
- The highest recorded value was 700.71 million constant LCU in 2022.
- What is the lowest taxes less subsidies on products recorded in Belize?
- The lowest recorded value was -32.99 million constant LCU in 1971.
- How does Belize rank for taxes less subsidies on products?
- Belize ranks 156th out of 187 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Belize?
- Over the last ten years it is up 18.4%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.