Inflation Rate in Belize increased to 1.50 percent in March from 1.30 percent in February of 2021. source: Statistical Institute of Belize

Inflation Rate in Belize averaged 0.92 percent from 1991 until 2021, reaching an all time high of 9.60 percent in August of 2008 and a record low of -12.70 percent in March of 2011. This page provides the latest reported value for - Belize Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belize Inflation Rate - values, historical data and charts - was last updated on May of 2021.

Inflation Rate in Belize is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Belize to stand at 1.60 in 12 months time. In the long-term, the Belize Inflation Rate is projected to trend around 1.40 percent in 2022 and 1.60 percent in 2023, according to our econometric models.

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Belize Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.30 9.60 -12.70 1991 - 2021 percent Monthly
M102020=100

Belize Prices Last Previous Highest Lowest Unit
Inflation Rate 1.50 1.30 9.60 -12.70 percent [+]
Cpi Housing Utilities 101.80 101.60 101.80 56.50 points [+]
Cpi Transportation 107.90 105.30 110.45 53.74 points [+]
Consumer Price Index CPI 102.00 102.00 105.60 99.77 points [+]
Food Inflation 4.30 5.60 5.70 -2.50 percent [+]
Inflation Rate Mom 0.00 0.70 1.00 -0.80 percent [+]


Belize Inflation Rate
In Belize, the most important category in the consumer price index is Housing and Utilities (26.5 percent of total weight). Food and Non-Alcoholic Beverages accounts for 19.5 percent; Transport for 13.6 percent; Clothing and Footwear for 8.3 percent; Furniture, Household Goods and Maintenance for 6.9 percent and Recreation and Culture for 6.9 percent. Miscellaneous Goods and Services; Health; Communication; Education; Alcoholic beverages and Tobacco and Restaurants and Hotels account for the remaining 18.3 percent of total weight.