Tag:
Statistical Institute of Belize
Business & Economy
Belize’s imports climb 21.3% amid declining exports
Belize's merchandise imports continued to climb in June, while domestic exports declined, according to the Statistical Institute of Belize's (SIB) latest External Trade release. The report highlighted rising imports of fuel, food, and machinery, trends that have contributed to higher costs for businesses and consumers across the country, including on Ambergris Caye. In June alone, merchandise imports reached $275.8 million, representing a 21.3% increase compared to June 2025.
Government
MSDCCSWM and SIB Strengthen Partnership to Improve National Development Data
The Sustainable Development Unit (SDU), under the Ministry of Sustainable Development, Climate Change and Solid Waste Management (MSDCCSWM), and the Statistical Institute of Belize (SIB) signed a four-year Memorandum of Understanding to strengthen the coordination, management, and dissemination of Belize's national development data. The agreement was signed during the National SDG and Statistical System Workshop at the Grand Resort Residences on July 16, 2026, by Ms. Milagro Matus, Chief Executive Officer of the Ministry of Sustainable Development, Climate Change and Solid Waste Management, and Ms. Diana Castillo, Director General of the Statistical Institute of Belize.
Business & Economy
Chicken Prices Rise Again as Production Costs Continue to Climb
Consumers across Belize will once again pay more for chicken after the Belize Poultry Association (BPA) announced a 12-cent-per-pound increase, effective Monday, July 6th. The adjustment comes just four months after a six-cent increase implemented in March, bringing the total increase this year to 18 cents per pound. According to the BPA, the latest price adjustment is necessary due to the continued rise in production costs, including higher prices for feed ingredients and fuel.
Business & Economy
Belize’s Consumer Confidence Continues Downward Trend
Belize's Consumer Confidence Index (CCI) fell to 44.0 in April 2026, down from 45.7 in March, according to data released by the Statistical Institute of Belize (SIB) on May 27th. The figures indicate that consumers became more pessimistic about both current and future economic conditions. However, the Belize District, which includes San Pedro Town, was the only district in the country to record an improvement during the month.
Business & Economy
Lobster Exports Among Key Drivers of Belize’s Economic Growth in 2025
During a presentation by the Statistical Institute of Belize (SIB) on March 25th, lobster exports were identified as a major contributor to the national economy's growth in 2025. However, in San Pedro Town, Ambergris Caye, fishermen reported a decline in the number of large lobsters throughout the season.
Business & Economy
Belize Records Marginal Inflation Growth of 0.04% in January 2026
The Statistical Institute of Belize released its Consumer Price Index (CPI) for January 2026 on February 25th. The All-Items CPI rose slightly to 119.86, up from 119.81 in January 2025, reflecting a national inflation rate of 0.04%. The survey measures price levels for consumer goods and services nationwide.
Business & Economy
Inflation Rates in Belize Remain Unstable
Inflation in Belize has continued to fluctuate over recent months, dipping to 0.4% nationally in November 2025 from 0.9% in October. Areas within the country’s productive zones, including San Pedro Town on Ambergris Caye, continue to record higher inflation levels, registering rates above 3% during the first eight months of 2025.
Business & Economy
Prices Edge Up, Confidence Slips as Belizeans Feel the Squeeze
On November 26th, the Statistical Institute of Belize (SIB) released its October 2025 Consumer Price Index (CPI) and Consumer Confidence Index (CCI), showing modest inflation alongside slightly weaker household sentiment nationwide. The all-items CPI reached 120.7, up from 119.7 a year earlier, while the CCI stood at 45.2, below the neutral 50 mark and down from 45.7 in September. The data cover all six districts, including San Pedro, which saw a 2.1% inflation rate, and provide a snapshot of how Belizean households are experiencing current economic conditions.