Compensation of employees in Belize

Belize: Compensation of employees was 530.42 million current LCU in 2017. ◆ Volatile

Latest (2017)
530.42 million current LCU
Change on year
up 5.0%
World rank
142nd
of 156 countries
All-time high
530.42 million current LCU
in 2017
All-time low
87.72 million current LCU
in 1990
Years of data
28
1990–2017

Compensation of employees in Belize, 1990–2017

100.0M200.0M300.0M400.0M500.0M1990200320171990: 87.7M current LCU1991: 96.1M current LCU1992: 104.6M current LCU1993: 120.6M current LCU1994: 131.9M current LCU1995: 127.0M current LCU1996: 123.1M current LCU1997: 130.5M current LCU1998: 140.3M current LCU1999: 148.7M current LCU2000: 151.7M current LCU2001: 163.6M current LCU2002: 172.9M current LCU2003: 190.7M current LCU2004: 212.6M current LCU2005: 222.9M current LCU2006: 219.5M current LCU2007: 233.9M current LCU2008: 250.1M current LCU2009: 274.0M current LCU2010: 279.1M current LCU2011: 296.4M current LCU2012: 370.8M current LCU2013: 388.2M current LCU2014: 431.8M current LCU2015: 484.0M current LCU2016: 505.1M current LCU2017: 530.4M current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

The most recent figure for compensation of employees in Belize is 530.42 million current LCU, measured in 2017. That is the highest value across all 28 years on record.

The figure is up 5.0% on the previous year and up 126.8% over ten years.

Over the whole period, compensation of employees in Belize peaked at 530.42 million current LCU in 2017 and was at its lowest, 87.72 million current LCU, in 1990.

That places Belize 142nd out of 156 countries with data for 2017, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 121.05 million current LCU 87.72 million current LCU 148.69 million current LCU 10
2000s 209.19 million current LCU 151.70 million current LCU 274.03 million current LCU 10
2010s 410.73 million current LCU 279.05 million current LCU 530.42 million current LCU 8

Countries ranked near Belize

  1. 139 Seychelles 851.67 million current LCU compare
  2. 140 Bahamas 843.34 million current LCU compare
  3. 141 Barbados 807.10 million current LCU compare
  4. 143 Saint Lucia 383.66 million current LCU compare
  5. 144 Samoa 351.29 million current LCU compare
  6. 145 Saint Vincent and the Grenadines 280.81 million current LCU compare

See the full ranking of 156 places →

More public sector data for Belize

All data for Belize →

Frequently asked questions

What is compensation of employees in Belize?
Compensation of employees in Belize was 530.42 million current LCU in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest compensation of employees recorded in Belize?
The highest recorded value was 530.42 million current LCU in 2017.
What is the lowest compensation of employees recorded in Belize?
The lowest recorded value was 87.72 million current LCU in 1990.
How does Belize rank for compensation of employees?
Belize ranks 142nd out of 156 countries with data for 2017.
Is compensation of employees rising or falling in Belize?
Over the last ten years it is up 126.8%. The long-run trend across the full record is volatile.
Where does this Belize data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Compensation of employees (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,496 data points, 1972–2024
Last refreshed

Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.