Inflation Belize 2017

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 2.3%. The lowest inflation was in June at 0.6%.

Highest month
February: 2.3%
Lowest month
June: 0.6%
Difference
1.7 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 0.7%. The lowest price increase was in Food with an average of -1.1%.

Highest increase
Energy: 0.7%
Lowest increase
Food: -1.1%

Historical Context

Current inflation is 0.6% higher than the 5-year average of 0.5%.

5-year average
0.5%
10-year average
1.2%
All-time high (2008)
6.4%
All-time low (1999)
-1.2%

Trend

Inflation shows an upward trend. Compared to 2016, inflation has risen by +0.4 percentage point.

Change vs. previous year
+0.4 percentage points
Largest monthly swing
March: +2.3 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 2017

Inflation by category

Food
-1.1%
-2.2vs avg.
More details →
Energy
0.7%
-0.4vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2016
January 0.9% +0.5
February 2.3% +2.0
March 2.3% +2.3
April 2.2% +2.1
May 0.7% -0.3
June 0.6% -0.3
July 0.6% -0.4
August 0.7% +0.3
September 0.7% 0.0
October 0.9% +0.2
November 0.9% -0.4
December 1.0% -0.1
Average 1.1%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also