Tag:
Statistical Institute of Belize
Government
Government of Belize Launches MICS7 Results in Partnership with Statistical Institute of Belize and UNICEF
The Government of Belize, in collaboration with the Statistical Institute of Belize (SIB) and the United Nations Children’s Fund (UNICEF), proudly announces the official launch of the Multiple Indicator Cluster Survey (MICS7) results. This milestone event coincides with the observance of World Children’s Day, reinforcing Belize’s commitment to the Convention on the Rights of the Child and its international obligations to safeguard and promote the well-being of every child.
Business & Economy
San Pedro Tops National Rankings for Cost-of-Living Increases in September 2025
San Pedro Town has recorded the highest increase in consumer prices in Belize, according to the Statistical Institute of Belize’s (SIB) latest report on the Consumer Price Index (CPI) for September 2025. The island registered an inflation rate of 2.2 percent compared to September 2024, more than triple the national average of 0.6 percent, making it the municipality most affected by rising costs of goods and services.
Business & Economy
Belize Records Moderate 3.5% GDP Growth for 2024
On Wednesday, September 24th, the Statistical Institute of Belize (SIB) presented its review of the country’s Gross Domestic Product (GDP) for 2024, reporting a modest growth of 3.5%. The end-of-year data highlighted strong performance in the agricultural sector. SIB’s Manager for the Economic Statistics Department, Jacqueline Sabal, noted that the primary sector grew by 2.8%.
Business & Economy
San Pedro Records Highest Inflation in Belize in July 2025
San Pedro Town recorded the sharpest rise in consumer prices for July 2025, with an inflation rate of 3.1% compared to July last year. According to the Statistical Institute of Belize (SIB), the island community has experienced a continuous increase in inflation throughout 2025, outpacing the national average of 1.2%.
Government
Caribbean Demography Experts Convene in Belize for Regional Workshop on Population Estimates and Projections
Forty-four participants from 14 Caribbean countries, including Belize, actively engaged in a four-day regional workshop on population estimates and projections held from 18–21 August 2025 in Belize City. Organized by the United Nations Population Fund Sub-regional Office for the Caribbean (UNFPA SROC) and the Latin American and Caribbean Demographic Center (ECLAC-CELADE), the training brought together demography practitioners and technicians from the Statistical Institute of Belize (SIB) and other National Statistical Offices (NSOs) across the Caribbean region to strengthen their skills in producing accurate and policy-relevant population projections.
Business & Economy
SIB Reports Consumer Prices Rise and Exports Fall
The Statistical Institute of Belize (SIB) released its latest economic data near the end of May, painting a challenging picture for the national economy. Belizean consumers are feeling the effects of rising prices, while trade activity has slowed considerably. According to the SIB's April 2025 report, released on May 29th, the national Consumer Price Index (CPI) rose by 1.3% compared to April 2024. This indicates that the cost of everyday goods and services, such as groceries and transportation, continues to increase, putting pressure on household budgets nationwide.
Business & Economy
SIB reports a decrease in imports and an increase in exports
In a recent economic update, the Statistical Institute of Belize (SIB) reported a significant decrease in imports, accompanied by an increase in exports, for the first two months of 2025. As of February 2025, Belize's imports decreased by 7.8%, totaling $461 million compared to $499.8 million during the same period last year. In contrast, exports increased by 7.7%, reaching $40.4 million, up from $37.5 million in the first quarter of 2024. This shift reflects a positive trend in Belize's trade balance, which could strengthen the country's economic resilience.
Business & Economy
SIB Reports Consumer Confidence Index Up by 5.2%
The Statistical Institute of Belize (SIB) reported a significant increase in the Consumer Confidence Index (CCI) for January 2025, which rose by 5.2% compared to December 2024. This improvement brought the CCI to 50.5%, indicating a shift in optimism about the economy and personal financial prospects for the first time since the SIB began tracking this indicator.
