Belize—Taxes on Income, Profits & Capital Gains (% of rev)
Latest Value
24.4%
2017
YoY Change
-2.3%
2016 → 2017
Maximum
31.0%
2010
Minimum
19.0%
2002
CAGR
+0.9%
18 years
Last
24.4%
Previous
25.0%
Highest
31.0%
Lowest
19.0%
Unit
% of revenue
Source
World Bank World Development Indicators
Belize's taxes on income, profits & capital gains (% of rev) was 24.4% in 2017. This represents a -2.3% change from 2016. Over the past 18 years, the highest recorded value was 31.0% (2010) and the lowest was 19.0% (2002). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2017 | 24.4% | -2.3% |
| 2016 | 25.0% | -3.0% |
| 2015 | 25.7% | -6.5% |
| 2014 | 27.5% | +5.0% |
| 2013 | 26.2% | -9.4% |
| 2012 | 28.9% | +0.4% |
| 2011 | 28.8% | -7.1% |
| 2010 | 31.0% | +2.8% |
| 2009 | 30.2% | +15.4% |
| 2008 | 26.1% | +6.1% |
| 2007 | 24.6% | +10.6% |
| 2006 | 22.3% | -5.1% |
| 2005 | 23.5% | +10.6% |
| 2004 | 21.2% | +6.7% |
| 2003 | 19.9% | +4.9% |
| 2002 | 19.0% | -6.2% |
| 2001 | 20.2% | -3.9% |
| 2000 | 21.0% |
Top Countries — Taxes on Income, Profits & Capital Gains (% of rev)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Australia | 67.9% | 2022 |
| 2 | Papua New Guinea | 59.4% | 2024 |
| 3 | New Zealand | 56.7% | 2024 |
| 4 | United States | 56.3% | 2024 |
| 5 | Canada | 53.9% | 2024 |
| 6 | Denmark | 51.4% | 2024 |
| 7 | South Africa | 50.8% | 2024 |
| 8 | Malaysia | 47.6% | 2024 |
| 9 | Ireland | 45.2% | 2024 |
| 10 | Malta | 41.7% | 2024 |
About This Indicator
Definition
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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