Belize Tax Revenue to GDP

Central government tax revenue as a percentage of GDP.

Tax Revenue to GDP in Belize increased to 21.35 percent of GDP in 2017 from 20.64 percent of GDP in 2016.

21.3%
▲ +0.7 pp2017 · previous 20.6%Annual · percent of GDP · Source: World Bank — World Development Indicators

Belize Tax Revenue to GDP — History

Drag or pinch to zoom.

Loading chart…

Belize Tax Revenue to GDP — analysis in simple words

Latest reading

Tax Revenue to GDP in Belize increased to 21.35 percent of GDP in 2017 from 20.64 percent of GDP in 2016.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2016) it was 20.6%, so the latest figure is 0.7 percentage points higher.

Over the past five years the average was 20.0%, with a range from 18.5% to 21.3%. The latest value is above that five-year average.

Historical context

This data series starts in 1990 and has 28 annual observations. The latest reading is higher than 96% of all of them.

The highest value on record is 21.3% (2017) and the lowest is 12.8% (1999). The long-run average is 16.4%.

Statistics

Latest
21.3%2017
Previous
20.6%
5-year average
20.0%
Long-run average
16.4%since 1990
All-time high
21.3%2017
All-time low
12.8%1999
Observations
28Annual

Recent Data

PeriodValueChange
201721.3%▲ +0.7 pp
201620.6%▲ +0.9 pp
201519.7%▼ −0.2 pp
201419.9%▲ +1.4 pp
201318.5%▲ +0.1 pp
201218.4%▲ +0.0 pp
201118.3%▼ −0.5 pp
201018.8%▲ +1.0 pp
200917.8%▲ +0.7 pp
200817.1%▼ −0.3 pp
200717.3%▲ +0.7 pp
200616.7%▲ +0.6 pp
200516.1%▲ +1.2 pp
200414.9%▲ +0.3 pp
200314.5%▲ +0.0 pp
200214.5%▲ +0.6 pp
200113.9%▲ +0.9 pp
200013.0%▲ +0.3 pp
199912.8%▼ −1.9 pp
199814.6%▼ −0.1 pp
199714.7%▼ −0.0 pp
199614.7%▲ +0.5 pp
199514.2%▼ −0.8 pp
199415.0%▲ +0.5 pp
199314.5%▼ −0.3 pp
199214.8%▼ −0.6 pp
199115.4%▼ −0.7 pp
199016.2%

Tax Revenue to GDP — Belize vs Peers

Latest available reading for each economy (periods may differ). Belize highlighted.

Loading chart…

More Belize indicators

Understanding Tax Revenue to GDP — a simple guide

What it measures

Central government tax revenue as a percentage of GDP.

How it is calculated

Central government tax collections ÷ GDP × 100.

Simple example

12% means central taxes equal 12% of GDP.

▲ When it is high or rising

Strong tax collection capacity.

▼ When it is low or falling

Weaker collection or a large informal economy.

Why it matters for the economy and markets

The tax-to-GDP ratio indicates fiscal capacity and the efficiency of tax collection.

How to read it

It excludes state/local taxes in federal countries, so it can understate total taxation.

Data source

World Bank — World Development Indicators (series GC.TAX.TOTL.GD.ZS), annual data from 1990 to 2017. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current tax revenue to gdp of Belize?
Belize tax revenue to gdp was 21.3% in 2017, compared with 20.6% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest tax revenue to gdp of Belize?
Since 1990, the highest reading was 21.3% (2017) and the lowest was 12.8% (1999).
What does tax revenue to gdp measure?
Central government tax revenue as a percentage of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.