Singapore vs Thailand: Inflation Comparison
Compare cumulative inflation, annual rates and purchasing power between Singapore and Thailand 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 Thailand was 59.0%.
Singapore
SGDThailand
THBCPI Comparison Chart
Year-by-Year Comparison
| Year | Singapore CPI | Singapore (Change) | Thailand CPI | Thailand (Change) |
|---|---|---|---|---|
| 2000 | 85.19 | - | 77.35 | - |
| 2001 | 86.04 | +1.0% | 78.61 | +1.6% |
| 2002 | 85.70 | -0.4% | 79.16 | +0.7% |
| 2003 | 86.14 | +0.5% | 80.59 | +1.8% |
| 2004 | 87.57 | +1.7% | 82.81 | +2.8% |
| 2005 | 87.94 | +0.4% | 86.57 | +4.5% |
| 2006 | 88.79 | +1.0% | 90.59 | +4.6% |
| 2007 | 90.66 | +2.1% | 92.62 | +2.2% |
| 2008 | 96.68 | +6.6% | 97.68 | +5.5% |
| 2009 | 97.25 | +0.6% | 96.85 | -0.8% |
| 2010 | 100.00 | +2.8% | 100.00 | +3.2% |
| 2011 | 105.25 | +5.3% | 103.81 | +3.8% |
| 2012 | 110.07 | +4.6% | 106.94 | +3.0% |
| 2013 | 112.68 | +2.4% | 109.28 | +2.2% |
| 2014 | 113.84 | +1.0% | 111.35 | +1.9% |
| 2015 | 113.25 | -0.5% | 110.34 | -0.9% |
| 2016 | 112.65 | -0.5% | 110.55 | +0.2% |
| 2017 | 113.29 | +0.6% | 111.29 | +0.7% |
| 2018 | 113.79 | +0.4% | 112.47 | +1.1% |
| 2019 | 114.44 | +0.6% | 113.27 | +0.7% |
| 2020 | 114.24 | -0.2% | 112.31 | -0.8% |
| 2021 | 116.89 | +2.3% | 113.69 | +1.2% |
| 2022 | 124.05 | +6.1% | 111.86 | -1.6% |
| 2023 | 130.05 | +4.8% | 121.34 | +8.5% |
| 2024 | 133.16 | +2.4% | 123.00 | +1.4% |
Inflation by Decade: Singapore vs Thailand
| Year | Singapore (Total Inflation) | Singapore (Avg Annual Rate) | Thailand (Total Inflation) | Thailand (Avg Annual Rate) |
|---|---|---|---|---|
| 1960s | +11.1% | 1.18% | +25.2% | 2.53% |
| 1970s | +72.4% | 6.23% | +111.8% | 8.69% |
| 1980s | +20.8% | 2.12% | +45.1% | 4.22% |
| 1990s | +17.0% | 1.76% | +53.0% | 4.84% |
| 2000s | +14.2% | 1.48% | +25.2% | 2.53% |
| 2010s | +14.4% | 1.51% | +13.3% | 1.39% |
| 2020s | +16.6% | 3.90% | +9.5% | 2.30% |
The inflation gap between Singapore and Thailand widened to 2.7 percentage points from 2000 to 2026.
$100 in Singapore in 2000 lost roughly the same relative value as ฿101.73 in Thailand.
Singapore's highest annual inflation was 6.6% in 2008; Thailand's was 8.5% in 2023.
Frequently Asked Questions
Which had higher inflation, Singapore or Thailand?
Between 2000 and 2026, Thailand had higher cumulative inflation (59.01%) 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 Thailand from 2000 to 2026?
Prices in Thailand rose 59.01% cumulatively, an average of 1.95% per year.
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Calculate Individually
Between 2000 and 2026, Singapore had lower cumulative inflation (56.3%) than Thailand (59.0%).