Wage bill as a percentage of GDP in Belize

Belize: Wage bill as a percentage of GDP was 8.4% in 2022. ▲ Rising

Latest (2022)
8.4%
Change on year
down 4.5%
World rank
89th
of 188 countries
All-time high
11.4%
in 2020
All-time low
7.0%
in 2002
Years of data
23
2000–2022

Wage bill as a percentage of GDP in Belize, 2000–2022

02.557.51012.52000201120222000: 72001: 7.22002: 72003: 7.42004: 7.72005: 7.82006: 7.12007: 72008: 7.22009: 8.12010: 82011: 8.12012: 7.82013: 7.42014: 7.72015: 8.52016: 8.92017: 9.32018: 9.62019: 9.52020: 11.42021: 8.82022: 8.4

Source: World Bank.

Analysis

Belize recorded 8.4% for wage bill as a percentage of gdp in 2022.

That represents a change of down 4.5% on the previous year and up 7.7% over ten years.

Over the whole period, wage bill as a percentage of gdp in Belize peaked at 11.4% in 2020 and was at its lowest, 7.0%, in 2002.

That places Belize 89th out of 188 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently rising across the 23 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.3% 7.0% 8.1% 10
2010s 8.5% 7.4% 9.6% 10
2020s 9.6% 8.4% 11.4% 3

Countries ranked near Belize

  1. 86 Qatar 8.8% compare
  2. 87 Suriname 8.8% compare
  3. 88 Romania 8.4% compare
  4. 90 Saint Lucia 8.4% compare
  5. 91 Netherlands 8.3% compare
  6. 92 Cambodia 8.3% compare

See the full ranking of 190 places →

More reference data data for Belize

All data for Belize →

Frequently asked questions

What is wage bill as a percentage of gdp in Belize?
Wage bill as a percentage of gdp in Belize was 8.4% in 2022, according to the World Bank.
What is the highest wage bill as a percentage of gdp recorded in Belize?
The highest recorded value was 11.4% in 2020.
What is the lowest wage bill as a percentage of gdp recorded in Belize?
The lowest recorded value was 7.0% in 2002.
How does Belize rank for wage bill as a percentage of gdp?
Belize ranks 89th out of 188 countries with data for 2022.
Is wage bill as a percentage of gdp rising or falling in Belize?
Over the last ten years it is up 7.7%. The long-run trend across the full record is rising.
Where does this Belize data come from?
The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Wage bill as a percentage of GDP
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 4,104 data points, 2000–2022
Last refreshed