Inflation Belize 2008
Average inflation: 6.4%
Current Inflation
Inflation is very high at 6.4%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 9.6%. The lowest inflation was in November at 4.4%.
- Highest month
- August: 9.6%
- Lowest month
- November: 4.4%
- Difference
- 5.2 percentage points
- Months with data
- 4 of 12
Category Insights
The highest price increase was in Food with an average of 13.9%. The lowest price increase was in Energy with an average of 3.6%.
- Highest increase
- Food: 13.9%
- Lowest increase
- Energy: 3.6%
Historical Context
Current inflation is 2.4% higher than the 5-year average of 4.0%. This approaches the highest level since records began (6.4% in 2008).
- 5-year average
- 4%
- 10-year average
- 2.5%
- All-time high (2008)
- 6.4%
- All-time low (1999)
- -1.2%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +4.1 percentage point.
- Change vs. previous year
- +4.1 percentage points
- Largest monthly swing
- August: +9.3 percentage points
ECB Target
Inflation is 4.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €106.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| February | 4.7% | +2.1 |
| May | 6.9% | +4.5 |
| August | 9.6% | +9.3 |
| November | 4.4% | +0.3 |
| Average | 6.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.Not all months available yet.