Taxes less subsidies on products (current US$), per unit of GDP in Belize
Belize: Taxes less subsidies on products (current US$), per unit of GDP was 0.1504 current US$ per US$ of GDP in 2024. ▲ Rising
Taxes less subsidies on products (current US$), per unit of GDP in Belize, 1978–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, taxes less subsidies on products (current us$), per unit of gdp in Belize stood at 0.1504 current US$ per US$ of GDP.
The figure 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 us$), per unit of gdp in Belize peaked at 0.1537 current US$ per US$ of GDP in 2018 and was at its lowest, 0.0704 current US$ per US$ of GDP, in 1983.
Belize ranks 20th of 197 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 47 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP in Belize, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1978 | 0.0759 current US$ per US$ of GDP | — |
| 1979 | 0.0879 current US$ per US$ of GDP | +15.8% |
| 1980 | 0.0793 current US$ per US$ of GDP | -9.9% |
| 1981 | 0.0727 current US$ per US$ of GDP | -8.3% |
| 1982 | 0.0736 current US$ per US$ of GDP | +1.3% |
| 1983 | 0.0704 current US$ per US$ of GDP | -4.4% |
| 1984 | 0.0722 current US$ per US$ of GDP | +2.5% |
| 1985 | 0.0755 current US$ per US$ of GDP | +4.7% |
| 1986 | 0.0841 current US$ per US$ of GDP | +11.4% |
| 1987 | 0.0827 current US$ per US$ of GDP | -1.6% |
| 1988 | 0.0972 current US$ per US$ of GDP | +17.5% |
| 1989 | 0.0955 current US$ per US$ of GDP | -1.7% |
| 1990 | 0.1017 current US$ per US$ of GDP | +6.4% |
| 1991 | 0.1018 current US$ per US$ of GDP | +0.2% |
| 1992 | 0.0976 current US$ per US$ of GDP | -4.1% |
| 1993 | 0.0989 current US$ per US$ of GDP | +1.3% |
| 1994 | 0.105 current US$ per US$ of GDP | +6.2% |
| 1995 | 0.1029 current US$ per US$ of GDP | -2.0% |
| 1996 | 0.1075 current US$ per US$ of GDP | +4.4% |
| 1997 | 0.1093 current US$ per US$ of GDP | +1.7% |
| 1998 | 0.1122 current US$ per US$ of GDP | +2.7% |
| 1999 | 0.0967 current US$ per US$ of GDP | -13.8% |
| 2000 | 0.0944 current US$ per US$ of GDP | -2.4% |
| 2001 | 0.1041 current US$ per US$ of GDP | +10.3% |
| 2002 | 0.1092 current US$ per US$ of GDP | +4.9% |
| 2003 | 0.1073 current US$ per US$ of GDP | -1.8% |
| 2004 | 0.1063 current US$ per US$ of GDP | -0.9% |
| 2005 | 0.1066 current US$ per US$ of GDP | +0.3% |
| 2006 | 0.11 current US$ per US$ of GDP | +3.2% |
| 2007 | 0.1105 current US$ per US$ of GDP | +0.4% |
| 2008 | 0.1107 current US$ per US$ of GDP | +0.2% |
| 2009 | 0.1045 current US$ per US$ of GDP | -5.6% |
| 2010 | 0.1143 current US$ per US$ of GDP | +9.4% |
| 2011 | 0.1135 current US$ per US$ of GDP | -0.7% |
| 2012 | 0.1171 current US$ per US$ of GDP | +3.2% |
| 2013 | 0.1194 current US$ per US$ of GDP | +2.0% |
| 2014 | 0.1208 current US$ per US$ of GDP | +1.1% |
| 2015 | 0.1367 current US$ per US$ of GDP | +13.2% |
| 2016 | 0.15 current US$ per US$ of GDP | +9.8% |
| 2017 | 0.1479 current US$ per US$ of GDP | -1.4% |
| 2018 | 0.1537 current US$ per US$ of GDP | +3.9% |
| 2019 | 0.1532 current US$ per US$ of GDP | -0.3% |
| 2020 | 0.1398 current US$ per US$ of GDP | -8.8% |
| 2021 | 0.1407 current US$ per US$ of GDP | +0.6% |
| 2022 | 0.1516 current US$ per US$ of GDP | +7.7% |
| 2023 | 0.1532 current US$ per US$ of GDP | +1.1% |
| 2024 | 0.1504 current US$ per US$ of GDP | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0819 current US$ per US$ of GDP | 0.0759 current US$ per US$ of GDP | 0.0879 current US$ per US$ of GDP | 2 |
| 1980s | 0.0803 current US$ per US$ of GDP | 0.0704 current US$ per US$ of GDP | 0.0972 current US$ per US$ of GDP | 10 |
| 1990s | 0.1034 current US$ per US$ of GDP | 0.0967 current US$ per US$ of GDP | 0.1122 current US$ per US$ of GDP | 10 |
| 2000s | 0.1064 current US$ per US$ of GDP | 0.0944 current US$ per US$ of GDP | 0.1107 current US$ per US$ of GDP | 10 |
| 2010s | 0.1327 current US$ per US$ of GDP | 0.1135 current US$ per US$ of GDP | 0.1537 current US$ per US$ of GDP | 10 |
| 2020s | 0.1472 current US$ per US$ of GDP | 0.1398 current US$ per US$ of GDP | 0.1532 current US$ per US$ of GDP | 5 |
Countries ranked near Belize
- 17 Fiji 0.1512 current US$ per US$ of GDP compare
- 18 Seychelles 0.1512 current US$ per US$ of GDP compare
- 19 Saint Vincent and the Grenadines 0.151 current US$ per US$ of GDP compare
- 21 Samoa 0.1489 current US$ per US$ of GDP compare
- 22 Serbia 0.1467 current US$ per US$ of GDP compare
- 23 Sudan 0.1438 current US$ 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)
- Gross capital formation (current US$), annual growth rate 9.82 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.1979 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 1,520 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 9.82 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.3958 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 3,040 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 4.52 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.162 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in Belize?
- Taxes less subsidies on products (current us$), per unit of gdp in Belize was 0.1504 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Belize?
- The highest recorded value was 0.1537 current US$ per US$ of GDP in 2018.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Belize?
- The lowest recorded value was 0.0704 current US$ per US$ of GDP in 1983.
- How does Belize rank for taxes less subsidies on products (current us$), per unit of gdp?
- Belize ranks 20th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.