Taxes on international trade in Belize
Belize: Taxes on international trade was 157.81 million current LCU in 2017. ▲ Rising
Taxes on international trade in Belize, 1990–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2017, taxes on international trade in Belize stood at 157.81 million current LCU.
Compared with earlier readings it is down 5.4% on the previous year and down 6.7% over ten years.
Over the whole period, taxes on international trade in Belize peaked at 248.83 million current LCU in 2015 and was at its lowest, 84.52 million current LCU, in 1996.
That places Belize 115th out of 155 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 111.52 million current LCU | 84.52 million current LCU | 137.28 million current LCU | 10 |
| 2000s | 157.25 million current LCU | 116.34 million current LCU | 170.90 million current LCU | 10 |
| 2010s | 192.28 million current LCU | 157.81 million current LCU | 248.83 million current LCU | 8 |
Countries ranked near Belize
- 112 Panama 308.12 million current LCU compare
- 113 Barbados 246.23 million current LCU compare
- 114 Jordan 240.10 million current LCU compare
- 116 Georgia 138.90 million current LCU compare
- 117 Andorra 112.71 million current LCU compare
- 118 Saint Vincent and the Grenadines 107.79 million current LCU compare
More public sector data for Belize
- Arms imports 1.00 million SIPRI trend indicator values (2023)
- Tax revenue 21.3% (2017)
- Taxes on income, profits and capital gains 24.4% (2017)
- Taxes on goods and services 48.1% (2017)
- Net investment in nonfinancial assets 3.3% (2017)
- Net lending (+) / net borrowing (-) -1.2% (2017)
- Interest payments 9.4% (2017)
- Grants and other revenue 12.7% (2017)
- Interest payments 10.3% (2017)
- Other taxes 0.6% (2017)
Frequently asked questions
- What is taxes on international trade in Belize?
- Taxes on international trade in Belize was 157.81 million current LCU in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Belize?
- The highest recorded value was 248.83 million current LCU in 2015.
- What is the lowest taxes on international trade recorded in Belize?
- The lowest recorded value was 84.52 million current LCU in 1996.
- How does Belize rank for taxes on international trade?
- Belize ranks 115th out of 155 countries with data for 2017.
- Is taxes on international trade rising or falling in Belize?
- Over the last ten years it is down 6.7%. The long-run trend across the full record is rising.
- 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 Taxes on international trade (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
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. 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.