Labor share of gdp in Belize
Belize: Labor share of gdp was 50.4 in 2020. ▬ Flat
Latest (2020)
50.4
Change on year
up 5.0%
World rank
69th
of 187 countries
All-time high
50.4
in 2020
All-time low
46.7
in 2014
Years of data
17
2004–2020
Labor share of gdp in Belize, 2004–2020
Source: Our World in Data.
Analysis
Belize recorded 50.4 for labor share of gdp in 2020. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 5.0% on the previous year and up 6.8% over ten years.
Over the whole period, labor share of gdp in Belize peaked at 50.4 in 2020 and was at its lowest, 46.7, in 2014.
That places Belize 69th out of 187 countries with data for 2020, putting it in the middle of the range.
Labor share of gdp in Belize, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 46.9 | — |
| 2005 | 47.5 | +1.3% |
| 2006 | 46.9 | -1.3% |
| 2007 | 47.7 | +1.7% |
| 2008 | 47.3 | -0.8% |
| 2009 | 47.9 | +1.3% |
| 2010 | 47.2 | -1.5% |
| 2011 | 47.6 | +0.8% |
| 2012 | 47.4 | -0.4% |
| 2013 | 47.8 | +0.8% |
| 2014 | 46.7 | -2.3% |
| 2015 | 47 | +0.6% |
| 2016 | 47.5 | +1.1% |
| 2017 | 46.8 | -1.5% |
| 2018 | 46.7 | -0.2% |
| 2019 | 48 | +2.8% |
| 2020 | 50.4 | +5.0% |
Belize compared with similar countries
- Belize's 50.4 is above the median for upper middle income countries, which is 45.7, 1.1× the median. (53 countries reporting)
- Belize's 50.4 is above the median for Latin America & Caribbean, which is 50.4, 1.0× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47.37 | 46.9 | 47.9 | 6 |
| 2010s | 47.27 | 46.7 | 48 | 10 |
| 2020s | 50.4 | 50.4 | 50.4 | 1 |
Countries ranked near Belize
More work & labour data for Belize
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7058 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6517 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.7615 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.152 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.62 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 338.14 1000 No (2050)
- Population - Est. & Proj. — Rural population 254.28 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 219.33 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 228.04 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 447.37 1000 No (2100)
Frequently asked questions
- What is labor share of gdp in Belize?
- Labor share of gdp in Belize was 50.4 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in Belize?
- The highest recorded value was 50.4 in 2020.
- What is the lowest labor share of gdp recorded in Belize?
- The lowest recorded value was 46.7 in 2014.
- How does Belize rank for labor share of gdp?
- Belize ranks 69th out of 187 countries with data for 2020.
- Is labor share of gdp rising or falling in Belize?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is flat.
- Where does this Belize data come from?
- The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).