Taxes less subsidies on products in Belize
Belize: Taxes less subsidies on products was 963.64 million current LCU in 2024. ◆ Volatile
Latest (2024)
963.64 million current LCU
Change on year
up 3.0%
World rank
164th
of 197 countries
All-time high
963.64 million current LCU
in 2024
All-time low
20.70 million current LCU
in 1978
Years of data
47
1978–2024
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 164th 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 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% |
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
- 161 Sao Tome and Principe 1.42 billion current LCU compare
- 162 Saint Lucia 992.80 million current LCU compare
- 163 Curaçao 971.40 million current LCU compare
- 165 Greenland 918.60 million current LCU compare
- 166 Macau, China 905.00 million current LCU compare
- 167 Aruba 861.28 million current 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)
- Net primary income (Net income from abroad) (current LCU), annual -26.64 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 3.02 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1504 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 1,155 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 3.02 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.3008 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 2,310 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.3651 (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 164th out of 197 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.