Australia vs New Zealand: Inflation Comparison
Compare cumulative inflation, annual rates and purchasing power between Australia and New Zealand from 2000 to 2026, based on World Bank CPI data.
Cumulative inflation in Australia was 75.7% between 2000 and 2026, according to World Bank CPI data (FP.CPI.TOTL).
Over the same period, cumulative inflation in New Zealand was 72.5%.
Australia
AUDNew Zealand
NZDCPI Comparison Chart
Year-by-Year Comparison
| Year | Australia CPI | Australia (Change) | New Zealand CPI | New Zealand (Change) |
|---|---|---|---|---|
| 2000 | 74.38 | - | 77.00 | - |
| 2001 | 77.65 | +4.4% | 79.02 | +2.6% |
| 2002 | 79.97 | +3.0% | 81.14 | +2.7% |
| 2003 | 82.15 | +2.7% | 82.56 | +1.8% |
| 2004 | 84.08 | +2.3% | 84.45 | +2.3% |
| 2005 | 86.34 | +2.7% | 87.01 | +3.0% |
| 2006 | 89.41 | +3.6% | 89.94 | +3.4% |
| 2007 | 91.49 | +2.3% | 92.08 | +2.4% |
| 2008 | 95.47 | +4.4% | 95.72 | +4.0% |
| 2009 | 97.16 | +1.8% | 97.75 | +2.1% |
| 2010 | 100.00 | +2.9% | 100.00 | +2.3% |
| 2011 | 103.30 | +3.3% | 104.03 | +4.0% |
| 2012 | 105.12 | +1.8% | 105.13 | +1.1% |
| 2013 | 107.70 | +2.4% | 106.32 | +1.1% |
| 2014 | 110.38 | +2.5% | 107.63 | +1.2% |
| 2015 | 112.04 | +1.5% | 107.94 | +0.3% |
| 2016 | 113.48 | +1.3% | 108.64 | +0.6% |
| 2017 | 115.69 | +1.9% | 110.65 | +1.9% |
| 2018 | 117.90 | +1.9% | 112.42 | +1.6% |
| 2019 | 119.80 | +1.6% | 114.24 | +1.6% |
| 2020 | 108.85 | -9.1% | 108.26 | -5.2% |
| 2021 | 112.65 | +3.5% | 114.70 | +5.9% |
| 2022 | 121.48 | +7.8% | 122.98 | +7.2% |
| 2023 | 126.40 | +4.1% | 128.71 | +4.7% |
| 2024 | 129.46 | +2.4% | 131.57 | +2.2% |
| 2025 | 130.67 | +0.9% | 132.80 | +0.9% |
Inflation by Decade: Australia vs New Zealand
| Year | Australia (Total Inflation) | Australia (Avg Annual Rate) | New Zealand (Total Inflation) | New Zealand (Avg Annual Rate) |
|---|---|---|---|---|
| 1960s | +23.5% | 2.38% | +36.0% | 3.48% |
| 1970s | +144.8% | 10.46% | +177.0% | 11.98% |
| 1980s | +103.1% | 8.19% | +159.8% | 11.19% |
| 1990s | +19.1% | 1.96% | +16.0% | 1.66% |
| 2000s | +30.6% | 3.01% | +27.0% | 2.69% |
| 2010s | +19.8% | 2.03% | +14.2% | 1.49% |
| 2020s | +20.1% | 3.72% | +22.7% | 4.17% |
The inflation gap between Australia and New Zealand widened to 3.2 percentage points from 2000 to 2026.
$100 in Australia in 2000 lost roughly the same relative value as $98.17 in New Zealand.
Australia's highest annual inflation was 7.8% in 2022; New Zealand's was 7.2% in 2022.
Frequently Asked Questions
Which had higher inflation, Australia or New Zealand?
Between 2000 and 2026, Australia had higher cumulative inflation (75.69%) than New Zealand (72.47%), according to World Bank CPI data.
What was cumulative inflation in Australia from 2000 to 2026?
Prices in Australia rose 75.69% cumulatively, an average of 2.28% per year.
What was cumulative inflation in New Zealand from 2000 to 2026?
Prices in New Zealand rose 72.47% cumulatively, an average of 2.2% per year.
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Calculate Individually
Between 2000 and 2026, New Zealand had lower cumulative inflation (72.5%) than Australia (75.7%).