Belize: Income and profits taxes

The latest value from 2017 is 24.37 percent, a decline from 24.95 percent in 2016. In comparison, the world average is 23.81 percent, based on data from 136 countries. Historically, the average for Belize from 1990 to 2017 is 23.06 percent. The minimum value, 17.38 percent, was reached in 1995 while the maximum of 31.01 percent was recorded in 2010. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.