Taxes on goods and services gdp in Belize

Belize: Taxes on goods and services gdp was 12.4 in 2023. β–² Rising

Latest (2023)
12.4
Change on year
up 9.5%
World rank
34th
of 186 countries
All-time high
12.58
in 2018
All-time low
1.52
in 1992
Years of data
34
1990–2023

Taxes on goods and services gdp in Belize, 1990–2023

2.557.51012.51990200620231990: 1.91991: 1.71992: 1.51993: 21994: 2.41995: 2.61996: 6.31997: 5.81998: 5.51999: 4.32000: 4.72001: 4.82002: 4.72003: 4.72004: 5.22005: 6.42006: 6.92007: 6.92008: 6.82009: 6.52010: 7.22011: 6.32012: 7.32013: 7.52014: 8.12015: 8.12016: 10.92017: 11.82018: 12.62019: 12.32020: 10.92021: 12.12022: 11.32023: 12.4

Source: Our World in Data.

Analysis

The most recent figure for taxes on goods and services gdp in Belize is 12.4, measured in 2023.

Compared with earlier readings it is up 9.5% on the previous year and up 64.4% over ten years.

Over the whole period, taxes on goods and services gdp in Belize peaked at 12.58 in 2018 and was at its lowest, 1.52, in 1992.

That places Belize 34th out of 186 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently rising across the 34 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.41 1.52 6.3 10
2000s 5.76 4.7 6.94 10
2010s 9.21 6.33 12.58 10
2020s 11.68 10.92 12.4 4

Countries ranked near Belize

  1. 31 Mauritius 12.84 compare
  2. 32 Slovenia 12.71 compare
  3. 33 Italy 12.45 compare
  4. 35 Denmark 12.39 compare
  5. 36 Armenia 12.25 compare
  6. 37 Slovak Republic 12.22 compare

See the full ranking of 187 places β†’

More economy & growth data for Belize

All data for Belize β†’

Frequently asked questions

What is taxes on goods and services gdp in Belize?
Taxes on goods and services gdp in Belize was 12.4 in 2023, according to Our World in Data.
What is the highest taxes on goods and services gdp recorded in Belize?
The highest recorded value was 12.58 in 2018.
What is the lowest taxes on goods and services gdp recorded in Belize?
The lowest recorded value was 1.52 in 1992.
How does Belize rank for taxes on goods and services gdp?
Belize ranks 34th out of 186 countries with data for 2023.
Is taxes on goods and services gdp rising or falling in Belize?
Over the last ten years it is up 64.4%. The long-run trend across the full record is rising.
Where does this Belize data come from?
The figures come from Our World in Data, published as part of Taxes on goods and services gdp. Statizoid updates them automatically from the source API.

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Taxes on goods and services gdp in Belize. Statizoid, drawing on Our World in Data. Retrieved 18 August 2026, from https://economy.statizoid.com/stat/taxes-on-goods-and-services-gdp/belize/

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About this data

Indicator
Taxes on goods and services gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 5,751 data points, 1980–2023
Last refreshed