Taxes less subsidies on products (current US$), annual growth rate in Belize
Belize: Taxes less subsidies on products (current US$), annual growth rate was 3.02 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Belize, 1979–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Belize recorded 3.02 % change on previous year for taxes less subsidies on products (current us$), annual growth rate in 2024.
The figure is down 64.0% on the previous year and down 51.5% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Belize peaked at 52.81 % change on previous year in 1980 and was at its lowest, -21.55 % change on previous year, in 2020.
Belize ranks 150th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), 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 | 9.57 % 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 | +113.8% |
| 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 | +84.2% |
| 2005 | 5.59 % change on previous year | -8.2% |
| 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 | 8.25 % 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 | -2227.3% |
| 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
- 147 Cameroon 3.74 % change on previous year compare
- 148 Brazil 3.48 % change on previous year compare
- 149 Congo 3.35 % change on previous year compare
- 151 Saudi Arabia 2.86 % change on previous year compare
- 152 Jordan 2.83 % change on previous year compare
- 153 Dominica 2.63 % 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 (constant LCU), per capita 841.18 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 6.13 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.1457 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 1,119 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 6.13 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.2914 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 2,239 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 0.918 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Belize?
- Taxes less subsidies on products (current us$), annual growth rate in Belize was 3.02 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), 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 us$), annual growth rate recorded in Belize?
- The lowest recorded value was -21.55 % change on previous year in 2020.
- How does Belize rank for taxes less subsidies on products (current us$), annual growth rate?
- Belize ranks 150th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Belize?
- Over the last ten years it is down 51.5%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.