Inflation Belize 2002

Average inflation: 2.2%

Current Inflation

Inflation is normal at 2.2%, around the ECB target.

Peak and Trough

The highest inflation was in November at 3.2%. The lowest inflation was in February at 0.9%.

Highest month
November: 3.2%
Lowest month
February: 0.9%
Difference
2.3 percentage points
Months with data
4 of 12

Category Insights

The highest price increase was in Food with an average of 0.5%. The lowest price increase was in Energy with an average of -1.1%.

Highest increase
Food: 0.5%
Lowest increase
Energy: -1.1%

Historical Context

Current inflation is 1.8% higher than the 5-year average of 0.4%.

5-year average
0.4%
10-year average
1.6%
All-time high (1996)
6.4%
All-time low (1999)
-1.2%

Trend

Inflation shows an upward trend. Compared to 2001, inflation has risen by +1.1 percentage point.

Change vs. previous year
+1.1 percentage points
Largest monthly swing
November: +2.3 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €102.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2002

Inflation by category

Food
0.5%
-1.7vs avg.
More details →
Energy
-1.1%
-3.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2001
February 0.9% -0.2
May 1.9% +0.2
August 2.8% +1.9
November 3.2% +2.3
Average 2.2%

Data source

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

See also