Inflation of consumer prices in Belize
Belize: Inflation of consumer prices was 1.1% in 2025. ◆ Volatile
Inflation of consumer prices in Belize, 1981–2025
Source: International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data. Measured in annual %.
Analysis
Belize recorded 1.1% for inflation of consumer prices in 2025.
Compared with earlier readings it is down 67.7% on the previous year and up 223.4% over ten years.
Over the whole period, inflation of consumer prices in Belize peaked at 11.2% in 1981 and was at its lowest, -7.1%, in 2006.
That places Belize 150th out of 190 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 of consumer prices in Belize, year by year
| Year | annual % | Change |
|---|---|---|
| 1981 | 11.2% | — |
| 1982 | 6.8% | -39.1% |
| 1983 | 5.0% | -26.9% |
| 1984 | 3.4% | -32.3% |
| 1985 | 6.2% | +84.4% |
| 1986 | 0.8% | -87.2% |
| 1987 | 2.0% | +151.6% |
| 1988 | 3.1% | +56.0% |
| 1989 | 2.1% | -32.2% |
| 1990 | 3.1% | +43.8% |
| 1991 | 0.8% | -75.1% |
| 1992 | 2.4% | +214.5% |
| 1993 | 1.5% | -38.6% |
| 1994 | 2.6% | +74.5% |
| 1995 | 2.9% | +12.5% |
| 1996 | 6.0% | +106.4% |
| 1997 | 1.1% | -80.7% |
| 1998 | 2.2% | +91.1% |
| 1999 | 2.6% | +19.4% |
| 2000 | 3.1% | +17.0% |
| 2001 | 3.7% | +19.0% |
| 2002 | 4.2% | +16.1% |
| 2003 | 2.3% | -45.3% |
| 2004 | 6.4% | +175.9% |
| 2005 | -1.1% | -117.3% |
| 2006 | -7.1% | +544.2% |
| 2007 | 2.3% | -132.6% |
| 2008 | 6.4% | +175.9% |
| 2009 | -1.1% | -117.3% |
| 2010 | 0.9% | -183.1% |
| 2011 | 1.6% | +74.5% |
| 2012 | 1.3% | -18.8% |
| 2013 | 0.5% | -60.8% |
| 2014 | 1.2% | +135.7% |
| 2015 | -0.9% | -171.7% |
| 2016 | 0.7% | -177.0% |
| 2017 | 1.1% | +73.0% |
| 2018 | 0.3% | -76.5% |
| 2019 | 0.2% | -30.7% |
| 2020 | 0.1% | -35.1% |
| 2021 | 3.2% | +2564.5% |
| 2022 | 6.3% | +94.0% |
| 2023 | 4.4% | -30.1% |
| 2024 | 3.3% | -25.1% |
| 2025 | 1.1% | -67.7% |
Belize compared with similar countries
- Belize's 1.1% is below the median for upper middle income countries, which is 3.3%, 33% of the median. (54 countries reporting)
- Belize's 1.1% is below the median for Latin America & Caribbean, which is 2.6%, 41% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Inflation of consumer prices 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 |
|---|---|---|---|
| 2021 | +2564.5% | 0.1% | 3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.5% | 0.8% | 11.2% | 9 |
| 1990s | 2.5% | 0.8% | 6.0% | 10 |
| 2000s | 1.9% | -7.1% | 6.4% | 10 |
| 2010s | 0.7% | -0.9% | 1.6% | 10 |
| 2020s | 3.1% | 0.1% | 6.3% | 6 |
Countries ranked near Belize
- 147 Qatar 1.3% compare
- 148 United Arab Emirates 1.3% compare
- 149 Benin 1.1% compare
- 151 Central African Republic 1.0% compare
- 152 Trinidad and Tobago 1.0% compare
- 153 Oman 1.0% compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.40 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0004 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 3.3 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240,004 BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 0.5675 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.32 % change on previous year (2025)
Frequently asked questions
- What is inflation of consumer prices in Belize?
- Inflation of consumer prices in Belize was 1.1% in 2025, according to International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest inflation of consumer prices recorded in Belize?
- The highest recorded value was 11.2% in 1981.
- What is the lowest inflation of consumer prices recorded in Belize?
- The lowest recorded value was -7.1% in 2006.
- How does Belize rank for inflation of consumer prices?
- Belize ranks 150th out of 190 countries with data for 2025.
- Is inflation of consumer prices rising or falling in Belize?
- Over the last ten years it is up 223.4%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Inflation of consumer prices. Statizoid updates them automatically from the source API.
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About this data
Annual changes in the cost to the average consumer of acquiring a set basket of goods and services. This measure is used to track changes in living costs over time.