The annual inflation rate in Belize rose to 4.3% in May 2026 from 2.9% in the previous month, marking the highest reading since January 2024. Inflation Rate in Belize averaged 1.57 percent from 1991 until 2026, reaching an all time high of 9.60 percent in August of 2008 and a record low of -12.70 percent in March of 2011. source: Statistical Institute of Belize

Inflation Rate in Belize is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belize Inflation Rate is projected to trend around 1.90 percent in 2027 and 2.20 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Consumer Price Index CPI 124.80 123.20 points May 2026
CPI Housing Utilities 111.30 110.88 points May 2026
CPI Transportation 145.20 139.26 points May 2026
Food Inflation 1.90 2.60 percent May 2026
Inflation Rate 4.30 2.90 percent May 2026
Inflation Rate MoM 1.00 1.10 percent May 2026


Belize Inflation Rate
In Belize, the most important category in the consumer price index is Housing and Utilities (26.5 percent of total weight). Food and Non-Alcoholic Beverages accounts for 19.5 percent; Transport for 13.6 percent; Clothing and Footwear for 8.3 percent; Furniture, Household Goods and Maintenance for 6.9 percent and Recreation and Culture for 6.9 percent. Miscellaneous Goods and Services; Health; Communication; Education; Alcoholic beverages and Tobacco and Restaurants and Hotels account for the remaining 18.3 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
4.30 2.90 9.60 -12.70 1991 - 2026 percent Monthly
M102020=100