Belize Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Belize's inflation rate was 1.40% in 2025, ranked 159th globally. This represents a 57.4% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
Belize's inflation rate stood at 1.40% in 2025, a decline of +1.89pp from 2024. The IMF projects 1.40% by 2025. Belize ranked 159th globally.
Belize's inflation rate has demonstrated a marked decline since its peak of 11.22% in 1981, with the all-time trough recorded in 2006 at -7.11%, a rare instance of deflation in the global economy. Following this unusual dip, inflation has gradually increased, standing at 1.40% in 2025, placing Belize at the 159th position globally. A comparison with peer countries reveals that Belize's inflation rate is comparable to that of Trinidad and Tobago and Puerto Rico, both of which have inflation rates of 1.46% and 1.37%, respectively. The gradual increase in inflation since 2006 suggests that Belize is on a path of steady price stability, although the exact trajectory may be influenced by external factors such as global commodity prices or monetary policy decisions. A potential shift in the country's economic trajectory could be triggered by changes in the global economic environment or domestic policy decisions, which could impact Belize's inflation rate and economic growth.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 1.26% | - | - |
| 2029* IMF | 1.26% | - | - |
| 2028* IMF | 1.26% | - | - |
| 2027* IMF | 1.26% | - | - |
| 2026* IMF | 1.91% | - | - |
| 2025* IMF | 1.40% | - | - |
| 2025 | 1.40% | −1.89pp | #159 |
| 2024 | 3.29% | −1.11pp | #106 |
| 2023 | 4.39% | −1.88pp | #69 |
| 2022 | 6.28% | +3.04pp | #69 |
| 2021 | 3.24% | +3.11pp | #91 |
| 2020 | 0.12% | −0.06pp | #40 |
| 2019 | 0.19% | −0.08pp | #18 |
| 2018 | 0.27% | −0.88pp | #10 |
| 2017 | 1.15% | +0.49pp | #49 |
| 2016 | 0.66% | +1.53pp | #73 |
| 2015 | -0.86% | −2.06pp | #21 |
| 2014 | 1.20% | +0.69pp | #70 |
| 2013 | 0.51% | −0.74pp | #25 |
| 2012 | 1.30% | −0.36pp | #20 |
| 2011 | 1.60% | +0.68pp | #18 |
Detected Pattern
Analysis
Belize matched the Export Boom Cycle pattern in 1990. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →
Frequently Asked Questions
Belize's inflation rate was 1.40% in 2025. Ranked 159th globally. This represents a 57.4% decrease from the previous year.
Belize's inflation rate peaked at 11.22% in 1981.
The lowest inflation rate in Belize was -7.11% in 2006.
Belize ranks 159th globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Belize's inflation rate is projected to reach 1.40% by 2025 based on IMF projection.
The inflation rate of Belize in 2025 was 1.40%. This ranks 159th in the world.
Cite this page
@misc{historysaid_belize_inflation-rate,
title = {Belize Inflation Rate},
url = {https://historysaid.com/belize/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}