Belize: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Belize

Fiscal balance, percent of GDP

 Latest value -1.90
 Year 2021
 Measure percent
 Data availability 1993 - 2021
 Average -3.74
 Min - Max -11.30 - 1.50
 Source Central Bank of Belize
The latest value from 2021 is -1.9 percent, an increase from -11.3 percent in 2020. In comparison, the world average is -3.96 percent, based on data from 175 countries. Historically, the average for Belize from 1993 to 2021 is -3.74 percent. The minimum value, -11.3 percent, was reached in 2020 while the maximum of 1.5 percent was recorded in 2008. 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 data
Belize - Fiscal balance, percent of GDP - Recent values chart

Historical series
Belize - Fiscal balance, percent of GDP - historical chart - 1993-2021




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Government spending, percent of GDP 16.12 2023 percent
 Government spending, in dollars 0.48 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 20.38 2022 million U.S. dollars
This site uses cookies.
Learn more here


OK