Singapore vs Australia: Inflation Comparison
Compare cumulative inflation, annual rates and purchasing power between Singapore and Australia from 2000 to 2026, based on World Bank CPI data.
Cumulative inflation in Singapore was 56.3% between 2000 and 2026, according to World Bank CPI data (FP.CPI.TOTL).
Over the same period, cumulative inflation in Australia was 75.7%.
Singapore
SGDAustralia
AUDCPI Comparison Chart
Year-by-Year Comparison
| Year | Singapore CPI | Singapore (Change) | Australia CPI | Australia (Change) |
|---|---|---|---|---|
| 2000 | 85.19 | - | 74.38 | - |
| 2001 | 86.04 | +1.0% | 77.65 | +4.4% |
| 2002 | 85.70 | -0.4% | 79.97 | +3.0% |
| 2003 | 86.14 | +0.5% | 82.15 | +2.7% |
| 2004 | 87.57 | +1.7% | 84.08 | +2.3% |
| 2005 | 87.94 | +0.4% | 86.34 | +2.7% |
| 2006 | 88.79 | +1.0% | 89.41 | +3.6% |
| 2007 | 90.66 | +2.1% | 91.49 | +2.3% |
| 2008 | 96.68 | +6.6% | 95.47 | +4.4% |
| 2009 | 97.25 | +0.6% | 97.16 | +1.8% |
| 2010 | 100.00 | +2.8% | 100.00 | +2.9% |
| 2011 | 105.25 | +5.3% | 103.30 | +3.3% |
| 2012 | 110.07 | +4.6% | 105.12 | +1.8% |
| 2013 | 112.68 | +2.4% | 107.70 | +2.4% |
| 2014 | 113.84 | +1.0% | 110.38 | +2.5% |
| 2015 | 113.25 | -0.5% | 112.04 | +1.5% |
| 2016 | 112.65 | -0.5% | 113.48 | +1.3% |
| 2017 | 113.29 | +0.6% | 115.69 | +1.9% |
| 2018 | 113.79 | +0.4% | 117.90 | +1.9% |
| 2019 | 114.44 | +0.6% | 119.80 | +1.6% |
| 2020 | 114.24 | -0.2% | 108.85 | -9.1% |
| 2021 | 116.89 | +2.3% | 112.65 | +3.5% |
| 2022 | 124.05 | +6.1% | 121.48 | +7.8% |
| 2023 | 130.05 | +4.8% | 126.40 | +4.1% |
| 2024 | 133.16 | +2.4% | 129.46 | +2.4% |
| 2025 | - | - | 130.67 | +0.9% |
Inflation by Decade: Singapore vs Australia
| Year | Singapore (Total Inflation) | Singapore (Avg Annual Rate) | Australia (Total Inflation) | Australia (Avg Annual Rate) |
|---|---|---|---|---|
| 1960s | +11.1% | 1.18% | +23.5% | 2.38% |
| 1970s | +72.4% | 6.23% | +144.8% | 10.46% |
| 1980s | +20.8% | 2.12% | +103.1% | 8.19% |
| 1990s | +17.0% | 1.76% | +19.1% | 1.96% |
| 2000s | +14.2% | 1.48% | +30.6% | 3.01% |
| 2010s | +14.4% | 1.51% | +19.8% | 2.03% |
| 2020s | +16.6% | 3.90% | +20.1% | 3.72% |
The inflation gap between Singapore and Australia widened to 19.4 percentage points from 2000 to 2026.
$100 in Singapore in 2000 lost roughly the same relative value as $112.40 in Australia.
Singapore's highest annual inflation was 6.6% in 2008; Australia's was 7.8% in 2022.
Frequently Asked Questions
Which had higher inflation, Singapore or Australia?
Between 2000 and 2026, Australia had higher cumulative inflation (75.69%) than Singapore (56.31%), according to World Bank CPI data.
What was cumulative inflation in Singapore from 2000 to 2026?
Prices in Singapore rose 56.31% cumulatively, an average of 1.88% per year.
What was cumulative inflation in Australia from 2000 to 2026?
Prices in Australia rose 75.69% cumulatively, an average of 2.28% per year.
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Calculate Individually
Between 2000 and 2026, Singapore had lower cumulative inflation (56.3%) than Australia (75.7%).