Belize - Tax revenue

Tax revenue (current LCU)

The value for Tax revenue (current LCU) in Belize was 967,444,200 as of 2017. As the graph below shows, over the past 27 years this indicator reached a maximum value of 967,444,200 in 2017 and a minimum value of 176,836,000 in 1990.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

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

Year Value
1990 176,836,000
1991 184,212,000
1992 206,628,000
1993 218,590,000
1994 231,371,000
1995 232,589,000
1996 250,638,000
1997 257,214,000
1998 271,441,000
1999 255,013,000
2000 296,677,000
2001 326,111,000
2002 359,961,000
2003 379,795,000
2004 416,017,000
2005 474,746,000
2006 530,429,000
2007 591,664,000
2008 593,959,000
2009 601,126,000
2010 659,344,000
2011 671,122,000
2012 704,064,100
2013 751,862,400
2014 849,419,300
2015 864,329,900
2016 924,672,700
2017 967,444,200

Tax revenue (% of GDP)

Tax revenue (% of GDP) in Belize was 26.03 as of 2017. Its highest value over the past 27 years was 26.03 in 2017, while its lowest value was 17.40 in 1999.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

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

See also:

Year Value
1990 21.46
1991 20.71
1992 19.92
1993 19.51
1994 19.90
1995 18.74
1996 19.53
1997 19.65
1998 19.69
1999 17.40
2000 17.83
2001 18.78
2002 19.45
2003 19.31
2004 19.78
2005 21.53
2006 21.91
2007 23.26
2008 21.98
2009 22.82
2010 23.94
2011 22.97
2012 23.12
2013 23.80
2014 25.47
2015 25.10
2016 25.84
2017 26.03

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance