Taxes less subsidies on products (current LCU), annual growth rate in Belize
Belize: Taxes less subsidies on products (current LCU), annual growth rate was 3.02 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in Belize, 1979–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, taxes less subsidies on products (current lcu), annual growth rate in Belize stood at 3.02 % change on previous year.
That represents a change of down 64.0% on the previous year and down 51.5% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Belize peaked at 52.81 % change on previous year in 1980 and was at its lowest, -21.55 % change on previous year, in 2020.
Belize ranks 157th of 197 countries on this measure, 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 (current LCU), annual growth rate in Belize, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1979 | 28.99 % change on previous year | — |
| 1980 | 52.81 % change on previous year | +82.2% |
| 1981 | -7.11 % change on previous year | -113.5% |
| 1982 | -3.43 % change on previous year | -51.7% |
| 1983 | 0.8197 % change on previous year | -123.9% |
| 1984 | 13.55 % change on previous year | +1553.1% |
| 1985 | 3.58 % change on previous year | -73.6% |
| 1986 | 20.74 % change on previous year | +479.3% |
| 1987 | 17.18 % change on previous year | -17.2% |
| 1988 | 33.39 % change on previous year | +94.4% |
| 1989 | 14.53 % change on previous year | -56.5% |
| 1990 | 18.5 % change on previous year | +27.3% |
| 1991 | 9.3 % change on previous year | -49.7% |
| 1992 | 11.83 % change on previous year | +27.1% |
| 1993 | 9.56 % change on previous year | -19.1% |
| 1994 | 8.91 % change on previous year | -6.8% |
| 1995 | 3.94 % change on previous year | -55.8% |
| 1996 | 8.46 % change on previous year | +114.9% |
| 1997 | 4.37 % change on previous year | -48.4% |
| 1998 | 9.33 % change on previous year | +113.7% |
| 1999 | -7.29 % change on previous year | -178.1% |
| 2000 | 11.17 % change on previous year | -253.2% |
| 2001 | 13.58 % change on previous year | +21.7% |
| 2002 | 11.29 % change on previous year | -16.9% |
| 2003 | 3.31 % change on previous year | -70.7% |
| 2004 | 6.09 % change on previous year | +84.3% |
| 2005 | 5.59 % change on previous year | -8.3% |
| 2006 | 11.33 % change on previous year | +102.6% |
| 2007 | 7.75 % change on previous year | -31.6% |
| 2008 | 2.05 % change on previous year | -73.5% |
| 2009 | -8.36 % change on previous year | -507.5% |
| 2010 | 13.32 % change on previous year | -259.3% |
| 2011 | 3.97 % change on previous year | -70.2% |
| 2012 | 8.06 % change on previous year | +102.8% |
| 2013 | 8.26 % change on previous year | +2.4% |
| 2014 | 6.23 % change on previous year | -24.6% |
| 2015 | 16.09 % change on previous year | +158.5% |
| 2016 | 12.09 % change on previous year | -24.9% |
| 2017 | -0.2265 % change on previous year | -101.9% |
| 2018 | 4.82 % change on previous year | -2227.2% |
| 2019 | 3.85 % change on previous year | -20.2% |
| 2020 | -21.55 % change on previous year | -660.3% |
| 2021 | 19.38 % change on previous year | -189.9% |
| 2022 | 26.28 % change on previous year | +35.6% |
| 2023 | 8.38 % change on previous year | -68.1% |
| 2024 | 3.02 % change on previous year | -64.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.99 % change on previous year | 28.99 % change on previous year | 28.99 % change on previous year | 1 |
| 1980s | 14.61 % change on previous year | -7.11 % change on previous year | 52.81 % change on previous year | 10 |
| 1990s | 7.69 % change on previous year | -7.29 % change on previous year | 18.5 % change on previous year | 10 |
| 2000s | 6.38 % change on previous year | -8.36 % change on previous year | 13.58 % change on previous year | 10 |
| 2010s | 7.64 % change on previous year | -0.2265 % change on previous year | 16.09 % change on previous year | 10 |
| 2020s | 7.1 % change on previous year | -21.55 % change on previous year | 26.28 % change on previous year | 5 |
Countries ranked near Belize
- 154 Finland 3.41 % change on previous year compare
- 155 North Macedonia 3.32 % change on previous year compare
- 156 Mongolia 3.24 % change on previous year compare
- 158 Norway 2.99 % change on previous year compare
- 159 Saudi Arabia 2.86 % change on previous year compare
- 160 Jordan 2.83 % change on previous year 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0659 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 506.5 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.1319 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 1,013 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0528 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 414.99 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 841.18 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 6.13 % change on previous year (2024)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), annual growth rate in Belize?
- Taxes less subsidies on products (current lcu), annual growth rate in Belize was 3.02 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Belize?
- The highest recorded value was 52.81 % change on previous year in 1980.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Belize?
- The lowest recorded value was -21.55 % change on previous year in 2020.
- How does Belize rank for taxes less subsidies on products (current lcu), annual growth rate?
- Belize ranks 157th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Belize?
- Over the last ten years it is down 51.5%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.