Belize - Taxes on international trade (current LCU)

The value for Taxes on international trade (current LCU) in Belize was 157,807,900 as of 2017. As the graph below shows, over the past 27 years this indicator reached a maximum value of 248,827,000 in 2015 and a minimum value of 84,517,000 in 1996.

Definition: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 108,747,000
1991 112,891,000
1992 117,607,000
1993 123,270,000
1994 130,739,000
1995 137,281,000
1996 84,517,000
1997 94,939,000
1998 98,829,000
1999 106,359,000
2000 116,341,000
2001 138,413,000
2002 164,957,000
2003 164,507,000
2004 170,674,000
2005 157,935,000
2006 170,902,000
2007 169,076,000
2008 154,259,000
2009 165,411,000
2010 161,544,000
2011 195,980,000
2012 188,768,100
2013 194,041,600
2014 224,484,900
2015 248,827,000
2016 166,819,800
2017 157,807,900

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance