Ratio of government revenue to gross domestic product (GDP) in Belize 1996-2030

The ratio of government revenue to gross domestic product (GDP) in Belize was estimated at about 22.34 percent in 2024. From 1996 to 2024, the ratio rose by approximately 4.21 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 0.21 percentage points, showing an overall upward trend with periodic ups and downs.

The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.