Belize: Taxes on international trade
* indicates monthly or quarterly data series
| Belize |
Taxes on international trade, percent of total revenue |
|---|---|
| Latest value | 14.23 |
| Year | 2017 |
| Measure | percent |
| Data availability | 1990 - 2017 |
| Average | 31.73 |
| Min - Max | 14.23 - 52.60 |
| Source | The World Bank |
The latest value from 2017 is 14.23 percent, a decline from 15.91 percent in 2016. In comparison, the world average is 7.54 percent, based on data from 112 countries. Historically, the average for Belize from 1990 to 2017 is 31.73 percent. The minimum value, 14.23 percent, was reached in 2017 while the maximum of 52.6 percent was recorded in 1995.
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Definition: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
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| Related indicators | Latest | 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 |