Hong Kong vs New Zealand: Inflation Comparison

Compare cumulative inflation, annual rates and purchasing power between Hong Kong and New Zealand from 2000 to 2025, based on World Bank CPI data.

Cumulative inflation in Hong Kong was 51.3% between 2000 and 2025, according to World Bank CPI data (FP.CPI.TOTL).

Over the same period, cumulative inflation in New Zealand was 72.5%.

VS

Hong Kong

HKD
+51.3% Total Inflation
1.74% Avg Annual Rate
-33.9% Purchasing Power Lost
VS

New Zealand

NZD
+72.5% Total Inflation
2.20% Avg Annual Rate
-42.0% Purchasing Power Lost
🏆
Hong Kong had lower cumulative inflation — 21.2 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Hong Kong CPI Hong Kong (Change) New Zealand CPI New Zealand (Change)
2000 95.90 - 77.00 -
2001 94.31 -1.7% 79.02 +2.6%
2002 91.49 -3.0% 81.14 +2.7%
2003 89.05 -2.7% 82.56 +1.8%
2004 88.80 -0.3% 84.45 +2.3%
2005 89.54 +0.8% 87.01 +3.0%
2006 91.33 +2.0% 89.94 +3.4%
2007 93.19 +2.0% 92.08 +2.4%
2008 97.20 +4.3% 95.72 +4.0%
2009 97.76 +0.6% 97.75 +2.1%
2010 100.00 +2.3% 100.00 +2.3%
2011 105.31 +5.3% 104.03 +4.0%
2012 109.57 +4.1% 105.13 +1.1%
2013 114.33 +4.3% 106.32 +1.1%
2014 119.38 +4.4% 107.63 +1.2%
2015 122.96 +3.0% 107.94 +0.3%
2016 125.92 +2.4% 108.64 +0.6%
2017 127.80 +1.5% 110.65 +1.9%
2018 130.87 +2.4% 112.42 +1.6%
2019 134.65 +2.9% 114.24 +1.6%
2020 134.99 +0.3% 108.26 -5.2%
2021 137.10 +1.6% 114.70 +5.9%
2022 139.68 +1.9% 122.98 +7.2%
2023 142.61 +2.1% 128.71 +4.7%
2024 145.08 +1.7% 131.57 +2.2%
2025 - - 132.80 +0.9%

Inflation by Decade: Hong Kong vs New Zealand

Year-by-year CPI and inflation for Hong Kong and New Zealand, 2000–2025
Year Hong Kong (Total Inflation) Hong Kong (Avg Annual Rate) New Zealand (Total Inflation) New Zealand (Avg Annual Rate)
1960s - - +36.0% 3.48%
1970s - - +177.0% 11.98%
1980s +78.1% 7.48% +159.8% 11.19%
1990s +74.7% 6.39% +16.0% 1.66%
2000s +1.9% 0.21% +27.0% 2.69%
2010s +34.7% 3.36% +14.2% 1.49%
2020s +7.5% 1.82% +22.7% 4.17%

The inflation gap between Hong Kong and New Zealand widened to 21.2 percentage points from 2000 to 2025.

$100 in Hong Kong in 2000 lost roughly the same relative value as $114.00 in New Zealand.

Hong Kong's highest annual inflation was 5.3% in 2011; New Zealand's was 7.2% in 2022.

Frequently Asked Questions

Which had higher inflation, Hong Kong or New Zealand?

Between 2000 and 2025, New Zealand had higher cumulative inflation (72.47%) than Hong Kong (51.29%), according to World Bank CPI data.

What was cumulative inflation in Hong Kong from 2000 to 2025?

Prices in Hong Kong rose 51.29% cumulatively, an average of 1.74% per year.

What was cumulative inflation in New Zealand from 2000 to 2025?

Prices in New Zealand rose 72.47% cumulatively, an average of 2.2% per year.

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Between 2000 and 2025, Hong Kong had lower cumulative inflation (51.3%) than New Zealand (72.5%).

Source: World Bank, CPI (FP.CPI.TOTL)
Data verified: January 17, 2026 · How to cite this

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