Belize GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
Belize's gdp deflator was 6.10% in 2025, ranked 102nd globally. This represents a 335.3% increase from 2024. Data from World Bank, covering 1961–2025.
Overview
Belize's gdp deflator stood at 6.10% in 2025, a rise of +4.70pp from 2024. Based on recent trends, this figure is projected to reach 6.10% by 2025. Belize ranked 102nd globally.
Belize’s GDP deflator has risen to 6.10 % in 2025, placing the country 102nd in the world and slightly above its regional neighbour Guatemala’s 6.01 % and close to Ecuador’s 6.14 % (World Bank). Over the 65‑year series the index moved from a modest 1.76 % in 1961 to an all‑time peak of 51.25 % in 1980, before plunging to a historic trough of –4.58 % in 1982, reflecting the severe inflationary shock of the early 1980s. Since that volatile episode, the deflator has trended downward, stabilising around the mid‑single digits in recent years. The current level suggests that price pressures remain elevated relative to the early post‑independence period, but the modest increase from the previous year signals a gradual moderation. Continued fiscal discipline and a resilient export sector could further dampen inflationary pressures, steering the deflator toward a more stable trajectory in the coming decade.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 8.13% | - | - |
| 2026* trend | 7.12% | - | - |
| 2025* trend | 6.10% | - | - |
| 2025 | 6.10% | +4.70pp | #102 |
| 2024 | 1.40% | −5.29pp | #35 |
| 2023 | 6.69% | −0.59pp | #134 |
| 2022 | 7.29% | +6.75pp | #106 |
| 2021 | 0.54% | +1.12pp | #13 |
| 2020 | -0.58% | −0.49pp | #42 |
| 2019 | -0.09% | −0.14pp | #30 |
| 2018 | 0.06% | −3.01pp | #19 |
| 2017 | 3.07% | +0.93pp | #110 |
| 2016 | 2.14% | +2.33pp | #112 |
| 2015 | -0.19% | −1.32pp | #42 |
| 2014 | 1.13% | −0.89pp | #73 |
| 2013 | 2.01% | +1.32pp | #99 |
| 2012 | 0.70% | −4.16pp | #29 |
| 2011 | 4.86% | +2.69pp | #101 |
Detected Pattern
Analysis
Belize matched the Export Boom Cycle pattern in 1990. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp deflator improve within 24 months. View full analysis →
Frequently Asked Questions
Belize's gdp deflator was 6.10% in 2025. Ranked 102nd globally. This represents a 335.3% increase from the previous year.
Belize's gdp deflator peaked at 51.25% in 1980.
The lowest gdp deflator in Belize was -4.58% in 1982.
Belize ranks 102nd globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
Belize's gdp deflator is projected to reach 6.10% by 2025 based on trend extrapolation.
The gdp deflator of Belize in 2025 was 6.10%. This ranks 102nd in the world.
Cite this page
@misc{historysaid_belize_gdp-deflator,
title = {Belize GDP Deflator},
url = {https://historysaid.com/belize/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}