Today, the Statistical Institute of Belize published its latest statistics, including the Labor Force Survey, the gross domestic product for the 1st quarter of 2025, the consumer price index, external trade, and the consumer confidence index for May 2025.
Labour Force Survey
Preliminary results from the Statistical Institute of Belize’s most recent Labour Force Survey (LFS) indicate that the unemployment rate in April 2025 was 2.1 percent, down from 3.0 percent in April 2024. This was attributed to an increase of 13,697 in the employed population, coupled with a decrease of 1,182 in the number of unemployed persons.
Click the following link to read more: Labour Force Survey, April 2025
Gross Domestic Product
The Statistical Institute of Belize’s preliminary Gross Domestic Product (GDP) estimates for the first quarter of January to March 2025 showed that the value of goods and services produced within the country during this period totalled $1.486 billion. This was an increase of 2.0 percent or $29.5 million, when compared to the $1.457 billion reported for the same period in 2024
Click the following link to read more: Gross Domestic Product, 1st Quarter 2025
Consumer Price Index
Data from the Statistical Institute of Belize’s monthly Consumer Price Index (CPI) survey indicate that, for May 2025, the All-Items CPI, which measures overall price levels across consumer goods and services, stood at 119.6. This marked an increase from 118.5 in May 2024 and reflected a national inflation rate of 1.0 percent.
Click the following link to read more: Consumer Price Index, May 2025
Merchandise Trade
Belize’s total merchandise imports for May 2025 were valued at $244.5 million. This represents a decrease of 2.7 percent, or $6.8 million, from May 2024, when imports were valued at $251.2 million. Merchandise imports for the first five months, from January to May 2025, totaled $1.159 billion, representing a 6.2 percent decrease of $76.7 million from the $1.236 billion recorded in the same period last year.
Total domestic exports for May 2025 amounted to $45.7 million, up by 11.1 percent or $4.6 million when compared to exports for May 2024, which were valued at $41.2 million. Merchandise exports for the period January to May 2025 totaled $161.7 million, down 2.4 percent or $4.0 million from the same period last year, when exports were valued at $165.6 million.
Click the following link to read more: External Trade, May 2025
Consumer Confidence Index
For May 2025, the national Consumer Confidence Index (CCI) stood at 47.5, a 0.5 percent decrease from 47.7 in April 2025 (see Figure 1). This decline, although marginal, was a continuation of the gradual but generally downward trend in overall consumer confidence that had been evident from the start of the year. Consumer perception regarding both the ‘Present’ and ‘Expectations’ about the future weakened, while confidence with respect to making major purchases of ‘Durable Goods’ improved over the one-month period.
Click the following link to read more: Consumer Confidence Index, May 2025
