Taxes less subsidies on products (current LCU), per unit of GDP in Belize
Belize: Taxes less subsidies on products (current LCU), per unit of GDP was 0.3008 current LCU per US$ of GDP in 2024. ▲ Rising
Taxes less subsidies on products (current LCU), per unit of GDP in Belize, 1978–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, taxes less subsidies on products (current lcu), per unit of gdp in Belize stood at 0.3008 current LCU per US$ of GDP.
Compared with earlier readings it is down 1.8% on the previous year and up 24.5% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Belize peaked at 0.3074 current LCU per US$ of GDP in 2018 and was at its lowest, 0.1408 current LCU per US$ of GDP, in 1983.
That places Belize 123rd out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP in Belize, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1978 | 0.1519 current LCU per US$ of GDP | — |
| 1979 | 0.1759 current LCU per US$ of GDP | +15.8% |
| 1980 | 0.1585 current LCU per US$ of GDP | -9.9% |
| 1981 | 0.1454 current LCU per US$ of GDP | -8.3% |
| 1982 | 0.1473 current LCU per US$ of GDP | +1.3% |
| 1983 | 0.1408 current LCU per US$ of GDP | -4.4% |
| 1984 | 0.1443 current LCU per US$ of GDP | +2.5% |
| 1985 | 0.1511 current LCU per US$ of GDP | +4.7% |
| 1986 | 0.1682 current LCU per US$ of GDP | +11.4% |
| 1987 | 0.1655 current LCU per US$ of GDP | -1.6% |
| 1988 | 0.1943 current LCU per US$ of GDP | +17.5% |
| 1989 | 0.191 current LCU per US$ of GDP | -1.7% |
| 1990 | 0.2033 current LCU per US$ of GDP | +6.4% |
| 1991 | 0.2036 current LCU per US$ of GDP | +0.2% |
| 1992 | 0.1953 current LCU per US$ of GDP | -4.1% |
| 1993 | 0.1979 current LCU per US$ of GDP | +1.3% |
| 1994 | 0.2101 current LCU per US$ of GDP | +6.2% |
| 1995 | 0.2059 current LCU per US$ of GDP | -2.0% |
| 1996 | 0.2149 current LCU per US$ of GDP | +4.4% |
| 1997 | 0.2185 current LCU per US$ of GDP | +1.7% |
| 1998 | 0.2245 current LCU per US$ of GDP | +2.7% |
| 1999 | 0.1934 current LCU per US$ of GDP | -13.8% |
| 2000 | 0.1888 current LCU per US$ of GDP | -2.4% |
| 2001 | 0.2083 current LCU per US$ of GDP | +10.3% |
| 2002 | 0.2184 current LCU per US$ of GDP | +4.9% |
| 2003 | 0.2145 current LCU per US$ of GDP | -1.8% |
| 2004 | 0.2127 current LCU per US$ of GDP | -0.9% |
| 2005 | 0.2133 current LCU per US$ of GDP | +0.3% |
| 2006 | 0.2201 current LCU per US$ of GDP | +3.2% |
| 2007 | 0.2211 current LCU per US$ of GDP | +0.4% |
| 2008 | 0.2214 current LCU per US$ of GDP | +0.2% |
| 2009 | 0.209 current LCU per US$ of GDP | -5.6% |
| 2010 | 0.2285 current LCU per US$ of GDP | +9.4% |
| 2011 | 0.2269 current LCU per US$ of GDP | -0.7% |
| 2012 | 0.2343 current LCU per US$ of GDP | +3.2% |
| 2013 | 0.2389 current LCU per US$ of GDP | +2.0% |
| 2014 | 0.2415 current LCU per US$ of GDP | +1.1% |
| 2015 | 0.2734 current LCU per US$ of GDP | +13.2% |
| 2016 | 0.3 current LCU per US$ of GDP | +9.8% |
| 2017 | 0.2959 current LCU per US$ of GDP | -1.4% |
| 2018 | 0.3074 current LCU per US$ of GDP | +3.9% |
| 2019 | 0.3065 current LCU per US$ of GDP | -0.3% |
| 2020 | 0.2797 current LCU per US$ of GDP | -8.8% |
| 2021 | 0.2814 current LCU per US$ of GDP | +0.6% |
| 2022 | 0.3032 current LCU per US$ of GDP | +7.7% |
| 2023 | 0.3065 current LCU per US$ of GDP | +1.1% |
| 2024 | 0.3008 current LCU per US$ of GDP | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1639 current LCU per US$ of GDP | 0.1519 current LCU per US$ of GDP | 0.1759 current LCU per US$ of GDP | 2 |
| 1980s | 0.1606 current LCU per US$ of GDP | 0.1408 current LCU per US$ of GDP | 0.1943 current LCU per US$ of GDP | 10 |
| 1990s | 0.2067 current LCU per US$ of GDP | 0.1934 current LCU per US$ of GDP | 0.2245 current LCU per US$ of GDP | 10 |
| 2000s | 0.2128 current LCU per US$ of GDP | 0.1888 current LCU per US$ of GDP | 0.2214 current LCU per US$ of GDP | 10 |
| 2010s | 0.2653 current LCU per US$ of GDP | 0.2269 current LCU per US$ of GDP | 0.3074 current LCU per US$ of GDP | 10 |
| 2020s | 0.2943 current LCU per US$ of GDP | 0.2797 current LCU per US$ of GDP | 0.3065 current LCU per US$ of GDP | 5 |
Countries ranked near Belize
- 120 Georgia 0.3367 current LCU per US$ of GDP compare
- 121 Israel 0.3198 current LCU per US$ of GDP compare
- 122 Antigua and Barbuda 0.3154 current LCU per US$ of GDP compare
- 124 Bosnia and Herzegovina 0.2847 current LCU per US$ of GDP compare
- 125 Greenland 0.2761 current LCU per US$ of GDP compare
- 126 Peru 0.2757 current 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)
- 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 taxes less subsidies on products (current lcu), per unit of gdp in Belize?
- Taxes less subsidies on products (current lcu), per unit of gdp in Belize was 0.3008 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Belize?
- The highest recorded value was 0.3074 current LCU per US$ of GDP in 2018.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Belize?
- The lowest recorded value was 0.1408 current LCU per US$ of GDP in 1983.
- How does Belize rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Belize ranks 123rd out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Belize?
- Over the last ten years it is up 24.5%. The long-run trend across the full record is rising.
- Where does this Belize data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
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 (current 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.