Inflation Belize 2016
Average inflation: 0.7%
Current Inflation
Inflation is very low at 0.7%, well below the ECB target.
Peak and Trough
The highest inflation was in November at 1.3%. The lowest inflation was in March at 0.0%.
- Highest month
- November: 1.3%
- Lowest month
- March: 0.0%
- Difference
- 1.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 0.6%. The lowest price increase was in Food with an average of 0.1%.
- Highest increase
- Energy: 0.6%
- Lowest increase
- Food: 0.1%
Historical Context
Current inflation is around the 5-year average of 0.6%.
- 5-year average
- 0.6%
- 10-year average
- 1.3%
- All-time high (2008)
- 6.4%
- All-time low (1999)
- -1.2%
Trend
Inflation has remained relatively stable. Compared to 2015, the difference is minimal (+1.6 percentage point).
- Change vs. previous year
- +1.6 percentage points
- Largest monthly swing
- November: +2.3 percentage points
ECB Target
Inflation is 1.3% 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 €100.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | 0.4% | +1.3 |
| February | 0.3% | +1.5 |
| March | 0.0% | +0.9 |
| April | 0.1% | +1.1 |
| May | 1.0% | +1.9 |
| June | 0.9% | +1.7 |
| July | 1.0% | +2.0 |
| August | 0.4% | +1.0 |
| September | 0.7% | +1.4 |
| October | 0.7% | +1.5 |
| November | 1.3% | +2.3 |
| December | 1.1% | +1.7 |
| Average | 0.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.