Inflation Belize 2020
Average inflation: 0.1%
Current Inflation
Inflation is very low at 0.1%, well below the ECB target.
Peak and Trough
The highest inflation was in February at 0.4%. The lowest inflation was in October at -0.5%.
- Highest month
- February: 0.4%
- Lowest month
- October: -0.5%
- Difference
- 0.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 1.1%. The lowest price increase was in Energy with an average of 0.6%.
- Highest increase
- Food: 1.1%
- Lowest increase
- Energy: 0.6%
Historical Context
Current inflation is around the 5-year average of 0.5%.
- 5-year average
- 0.5%
- 10-year average
- 0.6%
- All-time high (2008)
- 6.4%
- All-time low (2009)
- -1.1%
Trend
Inflation has remained relatively stable. Compared to 2019, the difference is minimal (-0.1 percentage point).
- Change vs. previous year
- -0.1 percentage points
- Largest monthly swing
- April: -0.6 percentage points
ECB Target
Inflation is 1.9% 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 €100.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 0.2% | +0.4 |
| February | 0.4% | -0.1 |
| March | 0.2% | -0.5 |
| April | 0.0% | -0.6 |
| May | 0.0% | -0.4 |
| June | 0.2% | +0.1 |
| July | 0.2% | 0.0 |
| August | 0.1% | +0.1 |
| September | 0.3% | +0.4 |
| October | -0.5% | -0.5 |
| November | 0.1% | +0.1 |
| December | 0.4% | +0.2 |
| Average | 0.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.