Inflation Belize 2025

Average inflation: 1.8%

Inflation in 2025

Inflation is low at 1.8%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in January at 2.1%. The lowest inflation was in February at 1.5%.

Highest month
January: 2.1%
Lowest month
February: 1.5%
Difference
0.6 percentage points
Months with data
2 of 12

Historical Context

Inflation is 2.0 percentage points lower than the 5-year average of 3.8%.

5-year average
3.8%
10-year average
2.1%
All-time high (2008)
6.4%
All-time low (2009)
-1.1%

Trend

Over the period 2023-2025, inflation shows a downward trend. Compared to 2024, inflation has fallen by 1.5 percentage points.

Change vs. previous year
-1.5 percentage points
Largest monthly swing
February: -2.4 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for BZD 100 this year will cost approximately BZD 101.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2025

Month overview

Month Inflation Difference vs. 2024
January 2.1% -2.3
February 1.5% -2.4
Average 1.8%

Data source

Data from WorldBank. Last updated: 06/01/2026. Not all months available yet.

See also