The benchmark interest rate in Belize was last recorded at 2.30 percent.

Interest Rate in Belize averaged 3.59 percent from 2010 until 2020, reaching an all time high of 6.88 percent in September of 2010 and a record low of 1.98 percent in July of 2019. This page provides - Belize Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belize Interest Rate - values, historical data and charts - was last updated on July of 2020.

Interest Rate in Belize is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Belize to stand at 1.80 in 12 months time. In the long-term, the Belize Interest Rate is projected to trend around 1.80 percent in 2021 and 2.00 percent in 2022, according to our econometric models.

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Belize Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.30 2.30 6.88 1.98 2010 - 2020 percent Daily

Belize Money Last Previous Highest Lowest Unit
Interest Rate 2.30 2.30 6.88 1.98 percent [+]
Money Supply M0 411.80 432.60 432.60 73.80 USD Million [+]
Money Supply M1 1697.90 1681.80 1705.79 149.20 USD Million [+]
Money Supply M2 3215.10 3192.30 3215.10 475.30 USD Million [+]
Foreign Exchange Reserves 294.20 312.00 486.80 34.10 USD Million [+]
Loans to Private Sector 1668.80 1577.70 1668.80 615.50 USD Million [+]
Deposit Interest Rate 2.00 2.12 14.87 2.00 percent [+]
Central Bank Balance Sheet 1076857.00 1144014.00 1387114.98 100868.00 USD Million [+]
Banks Balance Sheet 3469132.00 3428116.00 3469132.00 218408.00 USD Million [+]


Belize Interest Rate
In Belize, the Interbank Rate is the rate of interest charged on short-term loans made between banks. The Central Bank of Belize does not control the monetary system by monitoring interest rates. Instead, it is responsible for maintaining a stable exchange rate. Since May of 1976, Belize has maintained a fixed exchange rate of BZD 2.00 to USD 1.00.