Paying taxes: Profit tax in Belize
Belize: Paying taxes: Profit tax was 24.7% in 2019. ▬ Flat
Latest (2019)
24.7%
Change on year
unchanged
World rank
30th
of 190 countries
All-time high
24.7%
in 2005
All-time low
24.7%
in 2005
Years of data
15
2005–2019
Paying taxes: Profit tax in Belize, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: profit tax in Belize stood at 24.7%. That is the highest value across all 15 years on record.
The figure is unchanged over ten years.
Over the whole period, paying taxes: profit tax in Belize peaked at 24.7% in 2005 and was at its lowest, 24.7%, in 2005.
Belize ranks 30th of 190 countries on this measure, in the top quarter.
Paying taxes: Profit tax in Belize, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 24.7% | — |
| 2006 | 24.7% | +0.0% |
| 2007 | 24.7% | +0.0% |
| 2008 | 24.7% | +0.0% |
| 2009 | 24.7% | +0.0% |
| 2010 | 24.7% | +0.0% |
| 2011 | 24.7% | +0.0% |
| 2012 | 24.7% | +0.0% |
| 2013 | 24.7% | +0.0% |
| 2014 | 24.7% | +0.0% |
| 2015 | 24.7% | +0.0% |
| 2016 | 24.7% | +0.0% |
| 2017 | 24.7% | +0.0% |
| 2018 | 24.7% | +0.0% |
| 2019 | 24.7% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.7% | 24.7% | 24.7% | 5 |
| 2010s | 24.7% | 24.7% | 24.7% | 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: profit tax in Belize?
- Paying taxes: profit tax in Belize was 24.7% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Belize?
- The highest recorded value was 24.7% in 2005.
- What is the lowest paying taxes: profit tax recorded in Belize?
- The lowest recorded value was 24.7% in 2005.
- How does Belize rank for paying taxes: profit tax?
- Belize ranks 30th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Belize?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Belize data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% 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 profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.