Paying taxes: Labor tax and contributions in Belize
Belize: Paying taxes: Labor tax and contributions was 5.0% in 2019. ▼ Falling
Paying taxes: Labor tax and contributions in Belize, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: labor tax and contributions in Belize stood at 5.0%. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 28.6% over ten years.
Over the whole period, paying taxes: labor tax and contributions in Belize peaked at 7.0% in 2005 and was at its lowest, 5.0%, in 2013.
Belize ranks 167th of 190 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Labor tax and contributions in Belize, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 7.0% | — |
| 2006 | 7.0% | +0.0% |
| 2007 | 7.0% | +0.0% |
| 2008 | 7.0% | +0.0% |
| 2009 | 7.0% | +0.0% |
| 2010 | 7.0% | +0.0% |
| 2011 | 7.0% | +0.0% |
| 2012 | 7.0% | +0.0% |
| 2013 | 5.0% | -28.6% |
| 2014 | 5.0% | +0.0% |
| 2015 | 5.0% | +0.0% |
| 2016 | 5.0% | +0.0% |
| 2017 | 5.0% | +0.0% |
| 2018 | 5.0% | +0.0% |
| 2019 | 5.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.0% | 7.0% | 7.0% | 5 |
| 2010s | 5.6% | 5.0% | 7.0% | 10 |
Countries ranked near Belize
More reference data data for Belize
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0139 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0337 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0813 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0041 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0813 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0467 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0206 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1856 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.399 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0225 (2050)
Frequently asked questions
- What is paying taxes: labor tax and contributions in Belize?
- Paying taxes: labor tax and contributions in Belize was 5.0% in 2019, according to the World Bank.
- What is the highest paying taxes: labor tax and contributions recorded in Belize?
- The highest recorded value was 7.0% in 2005.
- What is the lowest paying taxes: labor tax and contributions recorded in Belize?
- The lowest recorded value was 5.0% in 2013.
- How does Belize rank for paying taxes: labor tax and contributions?
- Belize ranks 167th out of 190 countries with data for 2019.
- Is paying taxes: labor tax and contributions rising or falling in Belize?
- Over the last ten years it is down 28.6%. The long-run trend across the full record is falling.
- Where does this Belize data come from?
- The figures come from the World Bank, published as part of Paying taxes: Labor tax and contributions (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The labor tax and contributions measures all government mandated labor contributions that are borne by the business in the second year of operation, expressed as a share of commercial pro?t.