Inflation Belize 1997

Average inflation: 1.1%

Current Inflation

Inflation is low at 1.1%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in February at 4.9%. The lowest inflation was in November at -0.5%.

Highest month
February: 4.9%
Lowest month
November: -0.5%
Difference
5.4 percentage points
Months with data
4 of 12

Category Insights

The highest price increase was in Energy with an average of 2.8%. The lowest price increase was in Food with an average of 1.6%.

Highest increase
Energy: 2.8%
Lowest increase
Food: 1.6%

Historical Context

Current inflation is 1.8% lower than the 5-year average of 2.9%. This approaches the lowest level since records began (1.1% in 1997).

5-year average
2.9%
10-year average
2.9%
All-time high (1996)
6.4%
All-time low (1997)
1.1%

Trend

Inflation shows a downward trend. Compared to 1996, inflation has fallen by +5.3 percentage point.

Change vs. previous year
-5.3 percentage points
Largest monthly swing
August: -7.8 percentage points

ECB Target

Inflation is 0.9% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1997

Inflation by category

Food
1.6%
+0.5vs avg.
More details →
Energy
2.8%
+1.6vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1996
February 4.9% +0.5
May 0.4% -7.1
August -0.4% -7.8
November -0.5% -6.9
Average 1.1%

Data source

Data from WorldBank. Last updated: 06/01/2026.Not all months available yet.

See also