Belize: Tax revenue

* indicates monthly or quarterly data series
 Belize

Tax revenue, percent of GDP

 Latest value 21.34
 Year 2017
 Measure percent
 Data availability 1990 - 2017
 Average 16.43
 Min - Max 12.79 - 21.34
 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 16.43 percent with a minimum of 12.79 percent in 1999 and a maximum of 21.34 percent in 2017. The latest value from 2017 is 21.34 percent. For comparison, the world average in 2017 based on 136 countries is 16.64 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Belize - Tax revenue - Recent values chart

Historical chart
Belize - Tax revenue - historical chart - 1990-2017




Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 15.89 2022 percent
 Government spending, in dollars 0.53 2023 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
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