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 191 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
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 191 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.
Wage bill as a percentage of GDP in Belize, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.0% | — |
| 2001 | 7.2% | +3.4% |
| 2002 | 7.0% | -3.5% |
| 2003 | 7.4% | +5.4% |
| 2004 | 7.7% | +4.0% |
| 2005 | 7.8% | +1.2% |
| 2006 | 7.1% | -8.9% |
| 2007 | 7.0% | -1.0% |
| 2008 | 7.2% | +3.3% |
| 2009 | 8.1% | +11.7% |
| 2010 | 8.0% | -1.0% |
| 2011 | 8.1% | +0.8% |
| 2012 | 7.8% | -3.0% |
| 2013 | 7.4% | -5.1% |
| 2014 | 7.7% | +3.9% |
| 2015 | 8.5% | +10.0% |
| 2016 | 8.9% | +5.5% |
| 2017 | 9.3% | +4.1% |
| 2018 | 9.6% | +3.3% |
| 2019 | 9.5% | -0.7% |
| 2020 | 11.4% | +19.9% |
| 2021 | 8.8% | -23.0% |
| 2022 | 8.4% | -4.5% |
Belize compared with similar countries
- Belize's 8.4% is above the median for upper middle income countries, which is 8.4%, 1.0× the median. (57 countries reporting)
- Belize's 8.4% is above the median for Latin America & Caribbean, which is 7.5%, 1.1× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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 191 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).