Belize: Income and profits taxes

* indicates monthly or quarterly data series
 Belize

Income, profits, and capital gains taxes: percent of revenue

 Latest value 24.37
 Year 2017
 Measure percent
 Data availability 1990 - 2017
 Average 23.06
 Min - Max 17.38 - 31.01
 Source The World Bank
For that indicator, we provide data for Belize from 1990 to 2017. The average value for Belize during that period was 23.06 percent with a minimum of 17.38 percent in 1995 and a maximum of 31.01 percent in 2010. The latest value from 2017 is 24.37 percent. For comparison, the world average in 2017 based on 132 countries is 23.90 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Belize - Income and profits taxes - recent values

Historical chart
Belize - Income and profits taxes - historical chart - 1990-2017




Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 15.89 2022 percent
 Government spending, in dollars 0.45 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -1.90 2021 percent
 Government debt 74.50 2021 percent
 Tax revenue 21.34 2017 percent
 Commercial tax rate 31.10 2019 percent
 Tax preparation time 147 2019 hours
 Number of taxes 29 2019 taxes
 Taxes on goods and services 48.07 2017 percent
 Taxes on international trade 14.23 2017 percent
 Income and profits taxes 24.37 2017 percent
 Foreign aid 77.26 2021 million U.S. dollars
This site uses cookies.
Learn more here


OK