Taxes less subsidies on products (current US$) in Belize
Belize: Taxes less subsidies on products (current US$) was 481.82 million current US$ 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 US$.
Analysis
The most recent figure for taxes less subsidies on products in Belize is 481.82 million current US$, measured in 2024. 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 481.82 million current US$ in 2024 and was at its lowest, 10.35 million current US$, in 1978.
That places Belize 148th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$) in Belize, year by year
| Year | current US$ | Change |
|---|---|---|
| 1978 | 10.35 million current US$ | — |
| 1979 | 13.35 million current US$ | +29.0% |
| 1980 | 20.40 million current US$ | +52.8% |
| 1981 | 18.95 million current US$ | -7.1% |
| 1982 | 18.30 million current US$ | -3.4% |
| 1983 | 18.45 million current US$ | +0.8% |
| 1984 | 20.95 million current US$ | +13.6% |
| 1985 | 21.70 million current US$ | +3.6% |
| 1986 | 26.20 million current US$ | +20.7% |
| 1987 | 30.70 million current US$ | +17.2% |
| 1988 | 40.95 million current US$ | +33.4% |
| 1989 | 46.90 million current US$ | +14.5% |
| 1990 | 55.58 million current US$ | +18.5% |
| 1991 | 60.75 million current US$ | +9.3% |
| 1992 | 67.93 million current US$ | +11.8% |
| 1993 | 74.43 million current US$ | +9.6% |
| 1994 | 81.06 million current US$ | +8.9% |
| 1995 | 84.26 million current US$ | +3.9% |
| 1996 | 91.38 million current US$ | +8.5% |
| 1997 | 95.37 million current US$ | +4.4% |
| 1998 | 104.28 million current US$ | +9.3% |
| 1999 | 96.67 million current US$ | -7.3% |
| 2000 | 107.47 million current US$ | +11.2% |
| 2001 | 122.07 million current US$ | +13.6% |
| 2002 | 135.85 million current US$ | +11.3% |
| 2003 | 140.34 million current US$ | +3.3% |
| 2004 | 148.89 million current US$ | +6.1% |
| 2005 | 157.22 million current US$ | +5.6% |
| 2006 | 175.03 million current US$ | +11.3% |
| 2007 | 188.59 million current US$ | +7.8% |
| 2008 | 192.46 million current US$ | +2.1% |
| 2009 | 176.37 million current US$ | -8.4% |
| 2010 | 199.86 million current US$ | +13.3% |
| 2011 | 207.80 million current US$ | +4.0% |
| 2012 | 224.54 million current US$ | +8.1% |
| 2013 | 243.08 million current US$ | +8.3% |
| 2014 | 258.21 million current US$ | +6.2% |
| 2015 | 299.77 million current US$ | +16.1% |
| 2016 | 336.00 million current US$ | +12.1% |
| 2017 | 335.23 million current US$ | -0.2% |
| 2018 | 351.39 million current US$ | +4.8% |
| 2019 | 364.90 million current US$ | +3.8% |
| 2020 | 286.26 million current US$ | -21.6% |
| 2021 | 341.73 million current US$ | +19.4% |
| 2022 | 431.52 million current US$ | +26.3% |
| 2023 | 467.70 million current US$ | +8.4% |
| 2024 | 481.82 million current US$ | +3.0% |
Belize compared with similar countries
- Belize's 481.82 million current US$ is below the median for upper middle income countries, which is 3.44 billion current US$, 14% of the median. (55 countries reporting)
- Belize's 481.82 million current US$ is below the median for Latin America & Caribbean, which is 1.67 billion current US$, 29% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$) 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% | 13.35 million current US$ | 20.40 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.85 million current US$ | 10.35 million current US$ | 13.35 million current US$ | 2 |
| 1980s | 26.35 million current US$ | 18.30 million current US$ | 46.90 million current US$ | 10 |
| 1990s | 81.17 million current US$ | 55.58 million current US$ | 104.28 million current US$ | 10 |
| 2000s | 154.43 million current US$ | 107.47 million current US$ | 192.46 million current US$ | 10 |
| 2010s | 282.08 million current US$ | 199.86 million current US$ | 364.90 million current US$ | 10 |
| 2020s | 401.81 million current US$ | 286.26 million current US$ | 481.82 million current US$ | 5 |
Countries ranked near Belize
- 145 Niger 562.29 million current US$ compare
- 146 Curacao 542.68 million current US$ compare
- 147 Cape Verde 498.83 million current US$ compare
- 149 Aruba 481.16 million current US$ compare
- 150 Faroe Islands 478.54 million current US$ compare
- 151 Cayman Islands 416.41 million current US$ 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)
- 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 481.82 million current US$ 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 481.82 million current US$ in 2024.
- What is the lowest taxes less subsidies on products recorded in Belize?
- The lowest recorded value was 10.35 million current US$ in 1978.
- How does Belize rank for taxes less subsidies on products?
- Belize ranks 148th 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.