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Belize’s economy grows by 0.8 percent in the second quarter 2025, inflation up 0.8 percent, imports up 15.5 percent, and exports down 40.3 percent in August 2025

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Today, the Statistical Institute of Belize published its latest statistics, the gross domestic product for the 2nd quarter of 2025, the consumer price index, external trade, and the consumer confidence index for August 2025.

Gross Domestic Product

Preliminary Gross Domestic Product (GDP) estimates for the second quarter months of April to June 2025 indicated that the value of goods and services produced in Belize totalled $1.375 billion. This was an increase of $10.7 million or 0.8 percent, when compared to the $1.365 billion recorded during the second quarter of 2024.

Click the following link to read more: Gross Domestic Product, 2nd Quarter 2025

Consumer Price Index

The Statistical Institute of Belize’s monthly Consumer Price Index (CPI) survey indicated that, for the month of August 2025, the All-items CPI, which measures price levels across all categories of regularly purchased consumer goods and services, stood at 120.7. This was an increase from 119.7 recorded in August 2024, indicating an overall national inflation rate of 0.8 percent. The year-to-date inflation rate for the first eight months of 2025, when compared to the same period in 2024, stood at 1.3 percent. Most of the major CPI categories recorded increases during this period, with the overall rise largely influenced by three key categories: ‘Food and Non-Alcoholic Beverages’ which was up by 2.3 percent, ‘Housing, Water, Electricity, Gas and Other Fuels’ which rose by 2.4 percent, and ‘Personal Care, Social Protection and Miscellaneous Goods and Services’ which increased by 3 percent.

Click the following link to read more: Consumer Price Index, August 2025

Merchandise Trade

Belize’s total merchandise imports for the month of August 2025 were valued at $253.3 million. This was an increase of 15.5 percent or $34.1 million from August 2024, when imports were valued at $219.2 million. Merchandise imports for the first eight months of the year, January to August 2025, amounted to $1.906 billion, representing a 1.5 percent or $29.5 million decrease from $1.935 billion recorded during the same period in 2024.

Total domestic exports for the month of August 2025 amounted to $26.1 million, down by 40.3 percent or $17.7 million when compared to exports for August 2024, which were valued at $43.8 million. Merchandise exports for the period January to August 2025 totaled $277 million, down 10 percent or $30.9 million from the first eight months of last year, when exports were valued at $307.9 million.

Click the following link to read more: External Trade, August 2025

 

Consumer Confidence Index

For the month of August 2025, the national Consumer Confidence Index (CCI) stood at 46.8, representing a 2.9 percent increase from 45.5 in July 2025 (see Figure 1). This marked the second consecutive monthly increase following the general downward trend observed earlier this year.

Click the following link to read more: Consumer Confidence Index, August 2025

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