Belize Inflation Rate 1981-2024

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 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.
  • Belize inflation rate for 2018 was 0.27%, a 0.88% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 154.76%
Suriname 59.12%
Iran 43.39%
Turkey 19.60%
Belarus 9.46%
Brazil 8.30%
Dominican Republic 8.24%
Kazakhstan 8.04%
Botswana 7.24%
Algeria 7.23%
Armenia 7.18%
Russia 6.69%
Azerbaijan 6.65%
Iraq 6.04%
Jamaica 5.86%
Mexico 5.69%
Tonga 5.64%
Romania 5.05%
Guyana 5.03%
Paraguay 4.79%
South Africa 4.61%
Peru 4.27%
Guatemala 4.26%
Serbia 4.09%
Mauritius 4.03%
Namibia 3.62%
Colombia 3.50%
Bulgaria 3.30%
Belize 3.24%
North Macedonia 3.23%
Samoa 3.13%
Malaysia 2.48%
Montenegro 2.41%
St. Lucia 2.41%
Albania 2.04%
Bosnia 1.98%
Costa Rica 1.73%
St. Vincent and the Grenadines 1.57%
Jordan 1.35%
Thailand 1.23%
Grenada 1.22%
Gabon 1.09%
China 0.98%
Maldives 0.54%
Fiji 0.16%
Ecuador 0.13%
Equatorial Guinea -0.10%
Belize Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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% -4.39%