Annual inflation, consumer prices in Belize

Belize: Annual inflation, consumer prices was 3.3% in 2024. ◆ Volatile

Latest (2024)
3.3%
Change on year
down 25.1%
World rank
96th
of 203 countries
All-time high
6.4%
in 2008
All-time low
-7.1%
in 2006
Years of data
25
2000–2024

Annual inflation, consumer prices in Belize, 2000–2024

-5052000201220242000: 3.1 %2001: 3.7 %2002: 4.2 %2003: 2.3 %2004: 6.4 %2005: -1.1 %2006: -7.1 %2007: 2.3 %2008: 6.4 %2009: -1.1 %2010: 0.918 %2011: 1.6 %2012: 1.3 %2013: 0.51 %2014: 1.2 %2015: -0.862 %2016: 0.663 %2017: 1.1 %2018: 0.27 %2019: 0.187 %2020: 0.121 %2021: 3.2 %2022: 6.3 %2023: 4.4 %2024: 3.3 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

In 2024, annual inflation, consumer prices in Belize stood at 3.3%.

Compared with earlier readings it is down 25.1% on the previous year and up 173.8% over ten years.

Over the whole period, annual inflation, consumer prices in Belize peaked at 6.4% in 2008 and was at its lowest, -7.1%, in 2006.

That places Belize 96th out of 203 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Annual inflation, consumer prices in Belize, year by year

Annual values for Annual inflation, consumer prices (%) in Belize, 2000 to 2024.
Year % Change
2000 3.1% —
2001 3.7% +19.0%
2002 4.2% +16.1%
2003 2.3% -45.3%
2004 6.4% +175.9%
2005 -1.1% -117.3%
2006 -7.1% +544.2%
2007 2.3% -132.6%
2008 6.4% +175.9%
2009 -1.1% -117.3%
2010 0.9% -183.1%
2011 1.6% +74.5%
2012 1.3% -18.8%
2013 0.5% -60.8%
2014 1.2% +135.7%
2015 -0.9% -171.7%
2016 0.7% -177.0%
2017 1.1% +73.0%
2018 0.3% -76.5%
2019 0.2% -30.7%
2020 0.1% -35.1%
2021 3.2% +2564.5%
2022 6.3% +94.0%
2023 4.4% -30.1%
2024 3.3% -25.1%

Belize compared with similar countries

  • Belize's 3.3% is above the median for upper middle income countries, which is 3.1%, 1.1× the median. (52 countries reporting)
  • Belize's 3.3% is below the median for Latin America & Caribbean, which is 3.3%, 100% of the median. (34 countries reporting)

Biggest year-on-year movements

Years where Annual inflation, consumer prices in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +2564.5% 0.1% 3.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.9% -7.1% 6.4% 10
2010s 0.7% -0.9% 1.6% 10
2020s 3.5% 0.1% 6.3% 5

Countries ranked near Belize

  1. 93 Montenegro 3.3% compare
  2. 94 Uganda 3.3% compare
  3. 95 Dominican Republic 3.3% compare
  4. 97 United Kingdom of Great Britain and Northern Ireland 3.3% compare
  5. 97 United Kingdom 3.3% compare
  6. 99 Philippines 3.2% compare

See the full ranking of 236 places →

More development goals data for Belize

All data for Belize →

Frequently asked questions

What is annual inflation, consumer prices in Belize?
Annual inflation, consumer prices in Belize was 3.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in Belize?
The highest recorded value was 6.4% in 2008.
What is the lowest annual inflation, consumer prices recorded in Belize?
The lowest recorded value was -7.1% in 2006.
How does Belize rank for annual inflation, consumer prices?
Belize ranks 96th out of 203 countries with data for 2024.
Is annual inflation, consumer prices rising or falling in Belize?
Over the last ten years it is up 173.8%. The long-run trend across the full record is volatile.
Where does this Belize data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.

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Annual inflation, consumer prices in Belize. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 30 September 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/belize/

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About this data

Indicator
Annual inflation, consumer prices (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
236 places, 5,622 data points, 2000–2024
Last refreshed