Belize—Taxes on Goods & Services (% of revenue)
Latest Value
48.1%
2017
YoY Change
+3.0%
2016 → 2017
Maximum
48.1%
2017
Minimum
26.8%
2003
CAGR
+3.2%
18 years
Last
48.1%
Previous
46.7%
Highest
48.1%
Lowest
26.8%
Unit
% of revenue
Source
World Bank World Development Indicators
Belize's taxes on goods & services (% of revenue) was 48.1% in 2017. This represents a +3.0% change from 2016. Over the past 18 years, the highest recorded value was 48.1% (2017) and the lowest was 26.8% (2003). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2017 | 48.1% | +3.0% |
| 2016 | 46.7% | +30.8% |
| 2015 | 35.7% | +2.7% |
| 2014 | 34.7% | +7.2% |
| 2013 | 32.4% | -5.8% |
| 2012 | 34.4% | +23.6% |
| 2011 | 27.8% | -14.1% |
| 2010 | 32.4% | +5.6% |
| 2009 | 30.7% | -2.4% |
| 2008 | 31.5% | -2.5% |
| 2007 | 32.3% | -7.7% |
| 2006 | 35.0% | +6.1% |
| 2005 | 33.0% | +9.9% |
| 2004 | 30.0% | +11.9% |
| 2003 | 26.8% | -1.8% |
| 2002 | 27.3% | -3.8% |
| 2001 | 28.4% | +1.0% |
| 2000 | 28.1% |
Top Countries — Taxes on Goods & Services (% of revenue)
About This Indicator
Definition
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Unit
% of revenue