Singapore vs Japan: Inflation Comparison

Compare cumulative inflation, annual rates and purchasing power between Singapore and Japan 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 Japan was 11.4%.

VS

Singapore

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

Japan

JPY
+11.4% Total Inflation
0.45% Avg Annual Rate
-10.3% Purchasing Power Lost
🏆
Japan had lower cumulative inflation — 44.9 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Singapore CPI Singapore (Change) Japan CPI Japan (Change)
2000 85.19 - 102.67 -
2001 86.04 +1.0% 101.91 -0.7%
2002 85.70 -0.4% 100.97 -0.9%
2003 86.14 +0.5% 100.71 -0.3%
2004 87.57 +1.7% 100.70 0.0%
2005 87.94 +0.4% 100.41 -0.3%
2006 88.79 +1.0% 100.66 +0.2%
2007 90.66 +2.1% 100.72 +0.1%
2008 96.68 +6.6% 102.12 +1.4%
2009 97.25 +0.6% 100.73 -1.4%
2010 100.00 +2.8% 100.00 -0.7%
2011 105.25 +5.3% 99.73 -0.3%
2012 110.07 +4.6% 99.68 0.0%
2013 112.68 +2.4% 100.02 +0.3%
2014 113.84 +1.0% 102.78 +2.8%
2015 113.25 -0.5% 103.59 +0.8%
2016 112.65 -0.5% 103.46 -0.1%
2017 113.29 +0.6% 103.96 +0.5%
2018 113.79 +0.4% 104.99 +1.0%
2019 114.44 +0.6% 105.48 +0.5%
2020 114.24 -0.2% 101.09 -4.2%
2021 116.89 +2.3% 101.30 +0.2%
2022 124.05 +6.1% 107.84 +6.5%
2023 130.05 +4.8% 111.36 +3.3%
2024 133.16 +2.4% 114.41 +2.7%

Inflation by Decade: Singapore vs Japan

Year-by-year CPI and inflation for Singapore and Japan, 2000–2026
Year Singapore (Total Inflation) Singapore (Avg Annual Rate) Japan (Total Inflation) Japan (Avg Annual Rate)
1960s +11.1% 1.18% +61.1% 5.44%
1970s +72.4% 6.23% +119.1% 9.11%
1980s +20.8% 2.12% +18.9% 1.94%
1990s +17.0% 1.76% +9.3% 1.00%
2000s +14.2% 1.48% -1.9% -0.21%
2010s +14.4% 1.51% +5.5% 0.60%
2020s +16.6% 3.90% +13.2% 3.14%

The inflation gap between Singapore and Japan widened to 44.9 percentage points from 2000 to 2026.

$100 in Singapore in 2000 lost roughly the same relative value as ¥71.29 in Japan.

Singapore's highest annual inflation was 6.6% in 2008; Japan's was 6.5% in 2022.

Frequently Asked Questions

Which had higher inflation, Singapore or Japan?

Between 2000 and 2026, Singapore had higher cumulative inflation (56.31%) than Japan (11.44%), 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 Japan from 2000 to 2026?

Prices in Japan rose 11.44% cumulatively, an average of 0.45% per year.

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Between 2000 and 2026, Japan had lower cumulative inflation (11.4%) than Singapore (56.3%).