Belizeans are growing more cautious about their personal finances and the overall economy, according to the latest Consumer Confidence Index (CCI) released for April 2025.
The national index fell from 49.6 in March to 47.7.
The CCI, which ranges from 0 to 100, measures how consumers feel about current financial conditions, expectations for the next 12 months, and their willingness to make major purchases like homes, cars, or appliances.
In April, consumer sentiment declined across all three areas. Confidence in present financial conditions dropped by 5.8 percent, suggesting more people feel worse off compared to a year ago. The willingness to make major household purchases also declined by 3 percent, while expectations for the future, although still somewhat optimistic, slipped from 58.5 to 57.0.
Only the Toledo District reported an increase in overall confidence, rising from 51.4 in March to 53.2 in April, mainly due to improved sentiment around purchasing durable goods. In contrast, Stann Creek experienced the largest drop, falling by 14.4 percent. Rural residents showed greater concern than their urban counterparts, with rural consumer confidence dropping by 6.4 percent compared to a minor 0.5 percent dip in urban areas.
Confidence levels also varied by age and gender. The largest declines were among those aged 25–34 and 45–54. While male confidence dipped slightly, their outlook on making big purchases actually improved. Female consumers saw a greater drop overall, especially in sentiment around spending. Among ethnic groups, those categorized as “Other” reported the steepest decline in confidence, while Garifuna respondents showed a small increase, largely driven by improved attitudes toward purchasing household goods.