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%.

VS

Singapore

SGD
+56.3% Total Inflation
1.88% Avg Annual Rate
-36.0% Purchasing Power Lost
VS

Australia

AUD
+75.7% Total Inflation
2.28% Avg Annual Rate
-43.1% Purchasing Power Lost
🏆
Singapore had lower cumulative inflation — 19.4 percentage points less than the other country.

CPI 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-by-year CPI and inflation for Singapore and Australia, 2000–2026
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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Between 2000 and 2026, Singapore had lower cumulative inflation (56.3%) than Australia (75.7%).