Belize Inflation Rate 1960-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Belize inflation rate for 2022 was 6.28%, a 3.04% increase from 2021.
  • Belize inflation rate for 2021 was 3.24%, a 3.11% increase from 2020.
  • Belize inflation rate for 2020 was 0.12%, a 0.07% decline from 2019.
  • Belize inflation rate for 2019 was 0.19%, a 0.08% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 171.21%
Turkey 72.31%
Suriname 52.45%
Iran 43.49%
Bulgaria 15.33%
Belarus 15.21%
North Macedonia 14.20%
Azerbaijan 13.85%
Romania 13.80%
Montenegro 13.04%
Serbia 11.98%
Botswana 11.67%
Tonga 10.97%
Samoa 10.96%
Mauritius 10.77%
Jamaica 10.35%
Colombia 10.18%
Paraguay 9.77%
Brazil 9.28%
Algeria 9.27%
Dominican Republic 8.81%
Armenia 8.64%
Peru 8.33%
Costa Rica 8.27%
Mexico 7.90%
South Africa 7.04%
Guatemala 6.89%
Albania 6.73%
St. Lucia 6.38%
Belize 6.28%
Guyana 6.12%
Namibia 6.08%
Thailand 6.08%
St. Vincent and the Grenadines 5.66%
Iraq 4.99%
Equatorial Guinea 4.79%
Fiji 4.52%
Libya 4.51%
Gabon 4.23%
Jordan 4.23%
Ecuador 3.47%
Malaysia 3.38%
Grenada 2.56%
Maldives 2.33%
China 1.97%
Nauru 0.00%
Turkmenistan 0.00%
Dominica 0.00%
Venezuela 0.00%
Bosnia 0.00%
Cuba 0.00%
Russia 0.00%
Kazakhstan 0.00%
Tuvalu 0.00%
American Samoa 0.00%
Marshall Islands 0.00%
Belize Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 6.28% 3.04%
2021 3.24% 3.11%
2020 0.12% -0.07%
2019 0.19% -0.08%
2018 0.27% -0.88%
2017 1.15% 0.48%
2016 0.66% 1.53%
2015 -0.86% -2.06%
2014 1.20% 0.69%
2013 0.51% -0.79%
2012 1.30% -0.30%
2011 1.60% 0.68%
2010 0.92% 2.02%
2009 -1.10% -7.50%
2008 6.39% 4.08%
2007 2.32% 9.43%
2006 -7.11% -6.01%
2005 -1.10% -7.50%
2004 6.39% 4.08%
2003 2.32% -1.92%
2002 4.24% 0.59%
2001 3.65% 0.58%
2000 3.07% 0.45%
1999 2.62% 0.43%
1998 2.20% 1.05%
1997 1.15% -4.82%
1996 5.97% 3.08%
1995 2.89% 0.32%
1994 2.57% 1.10%
1993 1.47% -0.92%
1992 2.40% 1.63%
1991 0.76% -2.30%
1990 3.06% 0.93%
1989 2.13% -1.01%
1988 3.14% 1.13%
1987 2.01% 1.21%
1986 0.80% -5.44%
1985 6.24% 2.85%
1984 3.38% -1.61%
1983 5.00% -1.84%
1982 6.84% -4.39%
1981 11.22% 11.22%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%