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Government Finance of Belize

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

8.4% 13.9% 10.7% 61.4%
  • Personal income taxes: 8.4%
  • Corporate income taxes: 13.9%
  • Social security contributions: 10.7%
  • Property taxes: 4.8%
  • Goods and services taxes: 61.4%
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Personal income taxes
8.4%
Corporate income taxes
13.9%
Social security contributions
10.7%
Property taxes
4.8%
Goods and services taxes
61.4%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 63.2% #67 / 184 2026
Government Gross Debt (Local currency - BZD) 4.36B - 2026
Government Net Debt (% of GDP) No data - -
Government Net Debt (Local currency - BZD) No data - -

Fiscal Balance

Fiscal Balance (% of GDP) -1.5% #55 / 189 2026
Fiscal Balance (Local currency - BZD) -103M - 2026
Primary Fiscal Balance (% of GDP) 1.1% #37 / 182 2026
Primary Fiscal Balance (Local currency - BZD) 76M - 2026

Revenue and Spending

Government Revenue (% of GDP) 24.6% #109 / 189 2026
Government Revenue (Local currency - BZD) 1.69B - 2026
Government Spending (% of GDP) 26.1% #117 / 189 2026
Government Spending (Local currency - BZD) 1.8B - 2026

International Reserves

Total Reserves (USD) 498M #147 / 163 2024

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