Inflation, GDP deflator (annual %) in Belize
Belize: Inflation, GDP deflator was 1.1% in 2025. ◆ Volatile
Inflation, GDP deflator in Belize, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator in Belize is 1.1%, measured in 2025.
That represents a change of down 24.5% on the previous year and up 657.7% over ten years.
Over the whole period, inflation, gdp deflator in Belize peaked at 51.3% in 1980 and was at its lowest, -4.6%, in 1982.
That places Belize 176th out of 214 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Belize, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 1.8% | — |
| 1962 | 1.4% | -23.0% |
| 1963 | 0.9% | -30.9% |
| 1964 | 2.1% | +127.8% |
| 1965 | 5.6% | +162.6% |
| 1966 | 5.8% | +2.9% |
| 1967 | 3.1% | -45.9% |
| 1968 | 1.7% | -46.2% |
| 1969 | 0.2% | -87.1% |
| 1970 | 7.4% | +3312.9% |
| 1971 | 5.1% | -31.3% |
| 1972 | -1.2% | -124.4% |
| 1973 | 14.7% | -1288.1% |
| 1974 | 21.7% | +47.9% |
| 1975 | 16.9% | -22.3% |
| 1976 | 1.2% | -93.1% |
| 1977 | 2.2% | +93.7% |
| 1978 | 7.3% | +227.7% |
| 1979 | 3.6% | -51.2% |
| 1980 | 51.3% | +1329.4% |
| 1981 | 0.2% | -99.7% |
| 1982 | -4.6% | -2852.3% |
| 1983 | 7.8% | -270.1% |
| 1984 | 8.6% | +10.6% |
| 1985 | -2.0% | -123.6% |
| 1986 | 3.7% | -282.1% |
| 1987 | 7.6% | +104.8% |
| 1988 | 3.4% | -54.7% |
| 1989 | 3.1% | -9.6% |
| 1990 | -0.0% | -100.3% |
| 1991 | -2.4% | +23750.2% |
| 1992 | 3.4% | -244.8% |
| 1993 | 1.9% | -45.5% |
| 1994 | 2.6% | +40.3% |
| 1995 | 5.3% | +101.5% |
| 1996 | 2.7% | -48.1% |
| 1997 | -1.5% | -155.2% |
| 1998 | 2.4% | -261.2% |
| 1999 | -1.7% | -168.0% |
| 2000 | 1.4% | -186.2% |
| 2001 | -1.9% | -234.1% |
| 2002 | 0.7% | -136.2% |
| 2003 | -4.1% | -689.1% |
| 2004 | 2.1% | -152.3% |
| 2005 | 3.0% | +40.3% |
| 2006 | 3.2% | +7.2% |
| 2007 | 3.8% | +18.2% |
| 2008 | 3.6% | -6.1% |
| 2009 | -2.5% | -168.9% |
| 2010 | 2.2% | -187.8% |
| 2011 | 4.9% | +124.5% |
| 2012 | 0.7% | -85.7% |
| 2013 | 2.0% | +188.7% |
| 2014 | 1.1% | -44.0% |
| 2015 | -0.2% | -116.8% |
| 2016 | 2.1% | -1228.1% |
| 2017 | 3.1% | +43.4% |
| 2018 | 0.1% | -98.2% |
| 2019 | -0.1% | -254.6% |
| 2020 | -0.6% | +578.6% |
| 2021 | 0.5% | -193.3% |
| 2022 | 7.3% | +1252.3% |
| 2023 | 6.7% | -8.1% |
| 2024 | 1.4% | -79.1% |
| 2025 | 1.1% | -24.5% |
Belize compared with similar countries
- Belize's 1.1% is below the median for upper middle income countries, which is 3.3%, 32% of the median. (59 countries reporting)
- Belize's 1.1% is below the median for Latin America & Caribbean, which is 3.4%, 31% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | -23750.2% | -0.0% | -2.4% |
| 1970 | +3312.9% | 0.2% | 7.4% |
| 1982 | -2852.3% | 0.2% | -4.6% |
| 1980 | +1329.4% | 3.6% | 51.3% |
| 1973 | +1288.1% | -1.2% | 14.7% |
| 2022 | +1252.3% | 0.5% | 7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.5% | 0.2% | 5.8% | 9 |
| 1970s | 7.9% | -1.2% | 21.7% | 10 |
| 1980s | 7.9% | -4.6% | 51.3% | 10 |
| 1990s | 1.3% | -2.4% | 5.3% | 10 |
| 2000s | 0.9% | -4.1% | 3.8% | 10 |
| 2010s | 1.6% | -0.2% | 4.9% | 10 |
| 2020s | 2.7% | -0.6% | 7.3% | 6 |
Countries ranked near Belize
More economy & growth data for Belize
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.27 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.54 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.94 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 120.67 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0711 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0112 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 88.11 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0084 units per US$ of GDP (2025)
Frequently asked questions
- What is inflation, gdp deflator in Belize?
- Inflation, gdp deflator in Belize was 1.1% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Belize?
- The highest recorded value was 51.3% in 1980.
- What is the lowest inflation, gdp deflator recorded in Belize?
- The lowest recorded value was -4.6% in 1982.
- How does Belize rank for inflation, gdp deflator?
- Belize ranks 176th out of 214 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Belize?
- Over the last ten years it is up 657.7%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.