Belize: Social contributions (current LCU)

Key figures

Since 1991 it is up 224.67% from 184,000 in 1991 (4.82% a year on average, compounded). The World Bank has no value for 9 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2016, Belize's social contributions (current LCU) fell 21.7% on 2015 (from 762,476 to 597,387).

Across the 13 yearly changes before that (1992 to 2015), the average change was +12.3% and a typical year strayed about 36.3% from that (the standard deviation). This year's change was 0.9 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 112.5% in 1992 and the biggest yearly fall was 33.8% in 1996. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Belize in the 2016 ranking

• Barbados — 2nd of 2: 239,182

What this measures

Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

All 17 values

Social contributions (current LCU) in nearby economies

• Argentina — 29.54 trillion (2024)
• Barbados — 239,182 (2016)
• Brazil — 698.49 billion (2024)
• Chile — 3.69 trillion (2024)
• Colombia — 100.48 trillion (2024)
• Costa Rica — 4.93 trillion (2024)
• Dominican Republic — 52.8 billion (2024)
• Ecuador — 5.77 billion (2022)
• El Salvador — 947 million (2024)
• Guatemala — 6.63 billion (2024)
• Honduras

More public sector data for Belize

• Military expenditure (current USD) — 33.32 million (2025)
• Military expenditure (current LCU) — 66.63 million (2025)
• Military expenditure (% of GDP) — 1% (2025)
• Armed forces personnel, total — 2,000 (2020)
• Armed forces personnel (% of total labor force) — 1.32% (2020)
• Net investment in nonfinancial assets (current LCU) — 148.91 million (2017)
• Net investment in nonfinancial assets (% of GDP) — 3.29% (2017)
• Net lending (+) / net borrowing (-) (current LCU) — -52.73 million (2017)
• Net lending (+) / net borrowing (-) (% of GDP) — -1.16% (2017)
• Grants and other revenue (current LCU)

Reading data like this

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Questions people ask

What is Belize's social contributions (current LCU)?

597,387 in 2016, according to the World Bank (World Development Indicators).

How has it changed since 1991?

It is up 224.67% from 184,000 in 1991 (4.82% a year on average, compounded). The highest value was 9.98 million in 2003 and the lowest 184,000 in 1991.

Is the latest change in social contributions (current LCU) unusual for Belize?

In 2016, Belize's social contributions (current LCU) fell 21.7% on 2015 (from 762,476 to 597,387). Across the 13 yearly changes before that (1992 to 2015), the average change was +12.3% and a typical year strayed about 36.3% from that (the standard deviation). This year's change was 0.9 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator GC.REV.SOCL.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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