Current inflation Belize 1.5%

February 2025

Current Inflation

Inflation is low at 1.5%, below the ECB target of 2%.

Historical Context

Inflation is 2.3 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 (1999)
-1.2%

Trend

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

ECB Target

Inflation is 0.5 percentage points 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 BZD 100 this year will cost approximately BZD 101.50 next year at this inflation rate.

Last 12 months

5-year trend

Statistics

Average 2025 through February
1.8%
Last year
3.3%
5-year average
3.8%
All-time high (2008)
6.4%