Malaysia vs Singapore: Inflation Comparison

Compare cumulative inflation, annual rates and purchasing power between Malaysia and Singapore from 2000 to 2026, based on World Bank CPI data.

Cumulative inflation in Malaysia was 64.9% between 2000 and 2026, according to World Bank CPI data (FP.CPI.TOTL).

Over the same period, cumulative inflation in Singapore was 56.3%.

VS

Malaysia

MYR
+64.9% Total Inflation
2.11% Avg Annual Rate
-39.4% Purchasing Power Lost
VS

Singapore

SGD
+56.3% Total Inflation
1.88% Avg Annual Rate
-36.0% Purchasing Power Lost
🏆
Singapore had lower cumulative inflation — 8.6 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Malaysia CPI Malaysia (Change) Singapore CPI Singapore (Change)
2000 80.52 - 85.19 -
2001 81.66 +1.4% 86.04 +1.0%
2002 83.14 +1.8% 85.70 -0.4%
2003 84.04 +1.1% 86.14 +0.5%
2004 85.24 +1.4% 87.57 +1.7%
2005 87.77 +3.0% 87.94 +0.4%
2006 90.94 +3.6% 88.79 +1.0%
2007 92.78 +2.0% 90.66 +2.1%
2008 97.83 +5.4% 96.68 +6.6%
2009 98.40 +0.6% 97.25 +0.6%
2010 100.00 +1.6% 100.00 +2.8%
2011 103.17 +3.2% 105.25 +5.3%
2012 104.89 +1.7% 110.07 +4.6%
2013 107.10 +2.1% 112.68 +2.4%
2014 110.46 +3.1% 113.84 +1.0%
2015 112.79 +2.1% 113.25 -0.5%
2016 115.15 +2.1% 112.65 -0.5%
2017 119.61 +3.9% 113.29 +0.6%
2018 120.66 +0.9% 113.79 +0.4%
2019 121.46 +0.7% 114.44 +0.6%
2020 120.08 -1.1% 114.24 -0.2%
2021 123.05 +2.5% 116.89 +2.3%
2022 127.21 +3.4% 124.05 +6.1%
2023 130.38 +2.5% 130.05 +4.8%
2024 132.77 +1.8% 133.16 +2.4%

Inflation by Decade: Malaysia vs Singapore

Year-by-year CPI and inflation for Malaysia and Singapore, 2000–2026
Year Malaysia (Total Inflation) Malaysia (Avg Annual Rate) Singapore (Total Inflation) Singapore (Avg Annual Rate)
1960s +7.6% 0.82% +11.1% 1.18%
1970s +66.2% 5.81% +72.4% 6.23%
1980s +33.7% 3.28% +20.8% 2.12%
1990s +39.6% 3.77% +17.0% 1.76%
2000s +22.2% 2.25% +14.2% 1.48%
2010s +21.5% 2.18% +14.4% 1.51%
2020s +10.6% 2.54% +16.6% 3.90%

The inflation gap between Malaysia and Singapore widened to 8.6 percentage points from 2000 to 2026.

RM100 in Malaysia in 2000 lost roughly the same relative value as $94.80 in Singapore.

Malaysia's highest annual inflation was 5.4% in 2008; Singapore's was 6.6% in 2008.

Frequently Asked Questions

Which had higher inflation, Malaysia or Singapore?

Between 2000 and 2026, Malaysia had higher cumulative inflation (64.89%) than Singapore (56.31%), according to World Bank CPI data.

What was cumulative inflation in Malaysia from 2000 to 2026?

Prices in Malaysia rose 64.89% cumulatively, an average of 2.11% per year.

What was cumulative inflation in Singapore from 2000 to 2026?

Prices in Singapore rose 56.31% cumulatively, an average of 1.88% per year.

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Between 2000 and 2026, Singapore had lower cumulative inflation (56.3%) than Malaysia (64.9%).