Belize - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Belize was 533,029,400 as of 2017. As the graph below shows, over the past 27 years this indicator reached a maximum value of 533,029,400 in 2017 and a minimum value of 20,097,000 in 1991.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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

Year Value
1990 20,486,000
1991 20,097,000
1992 20,415,000
1993 28,750,000
1994 35,708,000
1995 41,749,000
1996 104,340,000
1997 98,047,000
1998 97,921,000
1999 81,974,000
2000 101,849,000
2001 107,947,000
2002 113,526,000
2003 120,033,000
2004 140,997,000
2005 181,834,000
2006 217,027,000
2007 235,974,000
2008 236,703,000
2009 217,097,000
2010 251,105,000
2011 230,251,000
2012 277,274,000
2013 305,029,000
2014 345,571,900
2015 354,458,600
2016 489,346,700
2017 533,029,400

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Belize was 48.07 as of 2017. Its highest value over the past 27 years was 48.07 in 2017, while its lowest value was 8.09 in 1992.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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

See also:

Year Value
1990 9.20
1991 8.86
1992 8.09
1993 11.38
1994 13.33
1995 16.00
1996 36.01
1997 33.07
1998 30.52
1999 23.35
2000 28.09
2001 28.37
2002 27.28
2003 26.79
2004 29.98
2005 32.96
2006 34.96
2007 32.27
2008 31.46
2009 30.70
2010 32.43
2011 27.84
2012 34.40
2013 32.40
2014 34.73
2015 35.67
2016 46.66
2017 48.07

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in Belize was 18.89 as of 2017. Its highest value over the past 27 years was 18.89 in 2017, while its lowest value was 2.68 in 1992.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.

See also:

Year Value
1990 3.49
1991 3.13
1992 2.68
1993 3.47
1994 4.20
1995 4.60
1996 11.18
1997 10.25
1998 9.67
1999 7.49
2000 8.17
2001 8.13
2002 7.97
2003 8.01
2004 8.78
2005 10.70
2006 11.55
2007 11.77
2008 11.00
2009 10.22
2010 11.48
2011 9.94
2012 11.79
2013 12.68
2014 13.70
2015 13.87
2016 18.06
2017 18.89

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance