Labor share of gross domestic product (GDP) in Belize
Belize: Labor share of gross domestic product (GDP) was 50.4% in 2020. ▬ Flat
Labor share of gross domestic product (GDP) in Belize, 2004–2020
Source: International Labour Organization – with minor processing by Our World in Data. Measured in %.
Analysis
Belize recorded 50.4% for labor share of gross domestic product (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 gross domestic product (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 gross domestic product (GDP) in Belize, year by year
| Year | % | 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% | +0.6% |
| 2016 | 47.5% | +1.1% |
| 2017 | 46.8% | -1.5% |
| 2018 | 46.7% | -0.2% |
| 2019 | 48.0% | +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 | 47.4% | 46.9% | 47.9% | 6 |
| 2010s | 47.3% | 46.7% | 48.0% | 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 gross domestic product (gdp) in Belize?
- Labor share of gross domestic product (gdp) in Belize was 50.4% in 2020, according to International Labour Organization – with minor processing by Our World in Data.
- What is the highest labor share of gross domestic product (gdp) recorded in Belize?
- The highest recorded value was 50.4% in 2020.
- What is the lowest labor share of gross domestic product (gdp) recorded in Belize?
- The lowest recorded value was 46.7% in 2014.
- How does Belize rank for labor share of gross domestic product (gdp)?
- Belize ranks 69th out of 187 countries with data for 2020.
- Is labor share of gross domestic product (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 International Labour Organization – with minor processing by Our World in Data, published as part of Labor share of gross domestic product (GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Labour share of GDP (%).