Singapore vs New Zealand: Inflation Comparison
Compare cumulative inflation, annual rates and purchasing power between Singapore and New Zealand 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 New Zealand was 72.5%.
Singapore
SGDNew Zealand
NZDCPI Comparison Chart
Year-by-Year Comparison
| Year | Singapore CPI | Singapore (Change) | New Zealand CPI | New Zealand (Change) |
|---|---|---|---|---|
| 2000 | 85.19 | - | 77.00 | - |
| 2001 | 86.04 | +1.0% | 79.02 | +2.6% |
| 2002 | 85.70 | -0.4% | 81.14 | +2.7% |
| 2003 | 86.14 | +0.5% | 82.56 | +1.8% |
| 2004 | 87.57 | +1.7% | 84.45 | +2.3% |
| 2005 | 87.94 | +0.4% | 87.01 | +3.0% |
| 2006 | 88.79 | +1.0% | 89.94 | +3.4% |
| 2007 | 90.66 | +2.1% | 92.08 | +2.4% |
| 2008 | 96.68 | +6.6% | 95.72 | +4.0% |
| 2009 | 97.25 | +0.6% | 97.75 | +2.1% |
| 2010 | 100.00 | +2.8% | 100.00 | +2.3% |
| 2011 | 105.25 | +5.3% | 104.03 | +4.0% |
| 2012 | 110.07 | +4.6% | 105.13 | +1.1% |
| 2013 | 112.68 | +2.4% | 106.32 | +1.1% |
| 2014 | 113.84 | +1.0% | 107.63 | +1.2% |
| 2015 | 113.25 | -0.5% | 107.94 | +0.3% |
| 2016 | 112.65 | -0.5% | 108.64 | +0.6% |
| 2017 | 113.29 | +0.6% | 110.65 | +1.9% |
| 2018 | 113.79 | +0.4% | 112.42 | +1.6% |
| 2019 | 114.44 | +0.6% | 114.24 | +1.6% |
| 2020 | 114.24 | -0.2% | 108.26 | -5.2% |
| 2021 | 116.89 | +2.3% | 114.70 | +5.9% |
| 2022 | 124.05 | +6.1% | 122.98 | +7.2% |
| 2023 | 130.05 | +4.8% | 128.71 | +4.7% |
| 2024 | 133.16 | +2.4% | 131.57 | +2.2% |
| 2025 | - | - | 132.80 | +0.9% |
Inflation by Decade: Singapore vs New Zealand
| Year | Singapore (Total Inflation) | Singapore (Avg Annual Rate) | New Zealand (Total Inflation) | New Zealand (Avg Annual Rate) |
|---|---|---|---|---|
| 1960s | +11.1% | 1.18% | +36.0% | 3.48% |
| 1970s | +72.4% | 6.23% | +177.0% | 11.98% |
| 1980s | +20.8% | 2.12% | +159.8% | 11.19% |
| 1990s | +17.0% | 1.76% | +16.0% | 1.66% |
| 2000s | +14.2% | 1.48% | +27.0% | 2.69% |
| 2010s | +14.4% | 1.51% | +14.2% | 1.49% |
| 2020s | +16.6% | 3.90% | +22.7% | 4.17% |
The inflation gap between Singapore and New Zealand widened to 16.2 percentage points from 2000 to 2026.
$100 in Singapore in 2000 lost roughly the same relative value as $110.34 in New Zealand.
Singapore's highest annual inflation was 6.6% in 2008; New Zealand's was 7.2% in 2022.
Frequently Asked Questions
Which had higher inflation, Singapore or New Zealand?
Between 2000 and 2026, New Zealand had higher cumulative inflation (72.47%) 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 New Zealand from 2000 to 2026?
Prices in New Zealand rose 72.47% cumulatively, an average of 2.2% per year.
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Calculate Individually
Between 2000 and 2026, Singapore had lower cumulative inflation (56.3%) than New Zealand (72.5%).