Singapore vs Germany: Inflation Comparison

Compare cumulative inflation, annual rates and purchasing power between Singapore and Germany 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 Germany was 49.1%.

VS

Singapore

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

Germany

EUR
+49.1% Total Inflation
1.61% Avg Annual Rate
-32.9% Purchasing Power Lost
🏆
Germany had lower cumulative inflation — 7.2 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Singapore CPI Singapore (Change) Germany CPI Germany (Change)
2000 85.19 - 85.70 -
2001 86.04 +1.0% 87.40 +2.0%
2002 85.70 -0.4% 88.64 +1.4%
2003 86.14 +0.5% 89.56 +1.0%
2004 87.57 +1.7% 91.05 +1.7%
2005 87.94 +0.4% 92.46 +1.5%
2006 88.79 +1.0% 93.92 +1.6%
2007 90.66 +2.1% 96.07 +2.3%
2008 96.68 +6.6% 98.60 +2.6%
2009 97.25 +0.6% 98.91 +0.3%
2010 100.00 +2.8% 100.00 +1.1%
2011 105.25 +5.3% 102.08 +2.1%
2012 110.07 +4.6% 104.13 +2.0%
2013 112.68 +2.4% 105.69 +1.5%
2014 113.84 +1.0% 106.65 +0.9%
2015 113.25 -0.5% 107.20 +0.5%
2016 112.65 -0.5% 107.73 +0.5%
2017 113.29 +0.6% 109.35 +1.5%
2018 113.79 +0.4% 111.25 +1.7%
2019 114.44 +0.6% 112.85 +1.4%
2020 114.24 -0.2% 105.22 -6.8%
2021 116.89 +2.3% 110.38 +4.9%
2022 124.05 +6.1% 119.34 +8.1%
2023 130.05 +4.8% 123.77 +3.7%
2024 133.16 +2.4% 127.04 +2.6%
2025 - - 127.78 +0.6%

Inflation by Decade: Singapore vs Germany

Year-by-year CPI and inflation for Singapore and Germany, 2000–2026
Year Singapore (Total Inflation) Singapore (Avg Annual Rate) Germany (Total Inflation) Germany (Avg Annual Rate)
1960s +11.1% 1.18% +24.7% 2.49%
1970s +72.4% 6.23% +55.6% 5.03%
1980s +20.8% 2.12% +25.9% 2.59%
1990s +17.0% 1.76% +25.2% 2.53%
2000s +14.2% 1.48% +15.4% 1.61%
2010s +14.4% 1.51% +12.9% 1.35%
2020s +16.6% 3.90% +21.4% 3.96%

The inflation gap between Singapore and Germany widened to 7.2 percentage points from 2000 to 2026.

$100 in Singapore in 2000 lost roughly the same relative value as €95.39 in Germany.

Singapore's highest annual inflation was 6.6% in 2008; Germany's was 8.1% in 2022.

Frequently Asked Questions

Which had higher inflation, Singapore or Germany?

Between 2000 and 2026, Singapore had higher cumulative inflation (56.31%) than Germany (49.1%), 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 Germany from 2000 to 2026?

Prices in Germany rose 49.1% cumulatively, an average of 1.61% per year.

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Between 2000 and 2026, Germany had lower cumulative inflation (49.1%) than Singapore (56.3%).