Belize Inflation Rate 1981-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Belize inflation rate for 2023 was 4.39%, a 1.89% decline from 2022.
- Belize inflation rate for 2022 was 6.28%, a 3.04% increase from 2021.
- Belize inflation rate for 2021 was 3.24%, a 3.11% increase from 2020.
- Belize inflation rate for 2020 was 0.12%, a 0.07% decline from 2019.
| Belize Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
4.39% |
-1.89% |
| 2022 |
6.28% |
3.04% |
| 2021 |
3.24% |
3.11% |
| 2020 |
0.12% |
-0.07% |
| 2019 |
0.19% |
-0.08% |
| 2018 |
0.27% |
-0.88% |
| 2017 |
1.15% |
0.48% |
| 2016 |
0.66% |
1.53% |
| 2015 |
-0.86% |
-2.06% |
| 2014 |
1.20% |
0.69% |
| 2013 |
0.51% |
-0.79% |
| 2012 |
1.30% |
-0.30% |
| 2011 |
1.60% |
0.68% |
| 2010 |
0.92% |
2.02% |
| 2009 |
-1.10% |
-7.50% |
| 2008 |
6.39% |
4.08% |
| 2007 |
2.32% |
9.43% |
| 2006 |
-7.11% |
-6.01% |
| 2005 |
-1.10% |
-7.50% |
| 2004 |
6.39% |
4.08% |
| 2003 |
2.32% |
-1.92% |
| 2002 |
4.24% |
0.59% |
| 2001 |
3.65% |
0.58% |
| 2000 |
3.07% |
0.45% |
| 1999 |
2.62% |
0.43% |
| 1998 |
2.20% |
1.05% |
| 1997 |
1.15% |
-4.82% |
| 1996 |
5.97% |
3.08% |
| 1995 |
2.89% |
0.32% |
| 1994 |
2.57% |
1.10% |
| 1993 |
1.47% |
-0.92% |
| 1992 |
2.40% |
1.63% |
| 1991 |
0.76% |
-2.30% |
| 1990 |
3.06% |
0.93% |
| 1989 |
2.13% |
-1.01% |
| 1988 |
3.14% |
1.13% |
| 1987 |
2.01% |
1.21% |
| 1986 |
0.80% |
-5.44% |
| 1985 |
6.24% |
2.85% |
| 1984 |
3.38% |
-1.61% |
| 1983 |
5.00% |
-1.84% |
| 1982 |
6.84% |
-4.39% |
| 1981 |
11.22% |
-4.39% |
