Taxes less subsidies on products (current LCU) in Belize
Belize: Taxes less subsidies on products (current LCU) was 963.64 million current LCU in 2024. ◆ Volatile
Taxes less subsidies on products in Belize, 1978–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, taxes less subsidies on products in Belize stood at 963.64 million current LCU. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 86.6% over ten years.
Over the whole period, taxes less subsidies on products in Belize peaked at 963.64 million current LCU in 2024 and was at its lowest, 20.70 million current LCU, in 1978.
Belize ranks 165th of 199 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) in Belize, year by year
| Year | current LCU | Change |
|---|---|---|
| 1978 | 20.70 million current LCU | — |
| 1979 | 26.70 million current LCU | +29.0% |
| 1980 | 40.80 million current LCU | +52.8% |
| 1981 | 37.90 million current LCU | -7.1% |
| 1982 | 36.60 million current LCU | -3.4% |
| 1983 | 36.90 million current LCU | +0.8% |
| 1984 | 41.90 million current LCU | +13.6% |
| 1985 | 43.40 million current LCU | +3.6% |
| 1986 | 52.40 million current LCU | +20.7% |
| 1987 | 61.40 million current LCU | +17.2% |
| 1988 | 81.90 million current LCU | +33.4% |
| 1989 | 93.80 million current LCU | +14.5% |
| 1990 | 111.16 million current LCU | +18.5% |
| 1991 | 121.50 million current LCU | +9.3% |
| 1992 | 135.87 million current LCU | +11.8% |
| 1993 | 148.86 million current LCU | +9.6% |
| 1994 | 162.13 million current LCU | +8.9% |
| 1995 | 168.51 million current LCU | +3.9% |
| 1996 | 182.77 million current LCU | +8.5% |
| 1997 | 190.75 million current LCU | +4.4% |
| 1998 | 208.55 million current LCU | +9.3% |
| 1999 | 193.35 million current LCU | -7.3% |
| 2000 | 214.94 million current LCU | +11.2% |
| 2001 | 244.13 million current LCU | +13.6% |
| 2002 | 271.70 million current LCU | +11.3% |
| 2003 | 280.68 million current LCU | +3.3% |
| 2004 | 297.79 million current LCU | +6.1% |
| 2005 | 314.44 million current LCU | +5.6% |
| 2006 | 350.05 million current LCU | +11.3% |
| 2007 | 377.18 million current LCU | +7.8% |
| 2008 | 384.92 million current LCU | +2.1% |
| 2009 | 352.74 million current LCU | -8.4% |
| 2010 | 399.71 million current LCU | +13.3% |
| 2011 | 415.60 million current LCU | +4.0% |
| 2012 | 449.09 million current LCU | +8.1% |
| 2013 | 486.16 million current LCU | +8.3% |
| 2014 | 516.42 million current LCU | +6.2% |
| 2015 | 599.53 million current LCU | +16.1% |
| 2016 | 671.99 million current LCU | +12.1% |
| 2017 | 670.47 million current LCU | -0.2% |
| 2018 | 702.77 million current LCU | +4.8% |
| 2019 | 729.80 million current LCU | +3.8% |
| 2020 | 572.53 million current LCU | -21.6% |
| 2021 | 683.45 million current LCU | +19.4% |
| 2022 | 863.04 million current LCU | +26.3% |
| 2023 | 935.40 million current LCU | +8.4% |
| 2024 | 963.64 million current LCU | +3.0% |
Belize compared with similar countries
- Belize's 963.64 million current LCU is below the median for upper middle income countries, which is 48.82 billion current LCU, 2% of the median. (55 countries reporting)
- Belize's 963.64 million current LCU is below the median for Latin America & Caribbean, which is 10.36 billion current LCU, 9% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current LCU) 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 |
|---|---|---|---|
| 1980 | +52.8% | 26.70 million current LCU | 40.80 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.70 million current LCU | 20.70 million current LCU | 26.70 million current LCU | 2 |
| 1980s | 52.70 million current LCU | 36.60 million current LCU | 93.80 million current LCU | 10 |
| 1990s | 162.34 million current LCU | 111.16 million current LCU | 208.55 million current LCU | 10 |
| 2000s | 308.86 million current LCU | 214.94 million current LCU | 384.92 million current LCU | 10 |
| 2010s | 564.15 million current LCU | 399.71 million current LCU | 729.80 million current LCU | 10 |
| 2020s | 803.61 million current LCU | 572.53 million current LCU | 963.64 million current LCU | 5 |
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)
- SDRs holdings, US dollar, annual growth rate 4.94 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 120.67 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0711 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0112 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 88.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0084 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in Belize?
- Taxes less subsidies on products in Belize was 963.64 million current LCU in 2024, 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 963.64 million current LCU in 2024.
- What is the lowest taxes less subsidies on products recorded in Belize?
- The lowest recorded value was 20.70 million current LCU in 1978.
- How does Belize rank for taxes less subsidies on products?
- Belize ranks 165th out of 199 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Belize?
- Over the last ten years it is up 86.6%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.