Inflation Belize 2003
Average inflation: 2.6%
Current Inflation
Inflation is normal at 2.6%, around the ECB target.
Peak and Trough
The highest inflation was in February at 3.6%. The lowest inflation was in May at 2.2%.
- Highest month
- February: 3.6%
- Lowest month
- May: 2.2%
- Difference
- 1.4 percentage points
- Months with data
- 4 of 12
Category Insights
The highest price increase was in Energy with an average of 3.7%. The lowest price increase was in Food with an average of 3.2%.
- Highest increase
- Energy: 3.7%
- Lowest increase
- Food: 3.2%
Historical Context
Current inflation is 1.5% higher than the 5-year average of 1.1%.
- 5-year average
- 1.1%
- 10-year average
- 1.8%
- All-time high (1996)
- 6.4%
- All-time low (1999)
- -1.2%
Trend
Inflation shows an upward trend. Compared to 2002, inflation has risen by +0.4 percentage point.
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- February: +2.7 percentage points
ECB Target
Inflation is 0.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
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 €102.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| February | 3.6% | +2.7 |
| May | 2.2% | +0.3 |
| August | 2.3% | -0.5 |
| November | 2.3% | -0.9 |
| Average | 2.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.Not all months available yet.