Belize: Taxes on goods and services

* indicates monthly or quarterly data series

Taxes on goods and services, percent of total revenue

 Latest value 48.07
 Year 2017
 Measure percent
 Data availability 1990 - 2017
 Average 28.03
 Min - Max 8.09 - 48.07
 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 28.03 percent with a minimum of 8.09 percent in 1992 and a maximum of 48.07 percent in 2017. The latest value from 2017 is 48.07 percent. For comparison, the world average in 2017 based on 134 countries is 33.27 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 - Taxes on goods and services - Recent values chart

Historical chart
Belize - Taxes on goods and services - historical chart - 1990-2017

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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 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
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