Thailand vs Singapore: Inflation Comparison

Compare cumulative inflation, annual rates and purchasing power between Thailand and Singapore from 2000 to 2026, based on World Bank CPI data.

Cumulative inflation in Thailand was 59.0% between 2000 and 2026, according to World Bank CPI data (FP.CPI.TOTL).

Over the same period, cumulative inflation in Singapore was 56.3%.

VS

Thailand

THB
+59.0% Total Inflation
1.95% Avg Annual Rate
-37.1% Purchasing Power Lost
VS

Singapore

SGD
+56.3% Total Inflation
1.88% Avg Annual Rate
-36.0% Purchasing Power Lost
🏆
Singapore had lower cumulative inflation — 2.7 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Thailand CPI Thailand (Change) Singapore CPI Singapore (Change)
2000 77.35 - 85.19 -
2001 78.61 +1.6% 86.04 +1.0%
2002 79.16 +0.7% 85.70 -0.4%
2003 80.59 +1.8% 86.14 +0.5%
2004 82.81 +2.8% 87.57 +1.7%
2005 86.57 +4.5% 87.94 +0.4%
2006 90.59 +4.6% 88.79 +1.0%
2007 92.62 +2.2% 90.66 +2.1%
2008 97.68 +5.5% 96.68 +6.6%
2009 96.85 -0.8% 97.25 +0.6%
2010 100.00 +3.2% 100.00 +2.8%
2011 103.81 +3.8% 105.25 +5.3%
2012 106.94 +3.0% 110.07 +4.6%
2013 109.28 +2.2% 112.68 +2.4%
2014 111.35 +1.9% 113.84 +1.0%
2015 110.34 -0.9% 113.25 -0.5%
2016 110.55 +0.2% 112.65 -0.5%
2017 111.29 +0.7% 113.29 +0.6%
2018 112.47 +1.1% 113.79 +0.4%
2019 113.27 +0.7% 114.44 +0.6%
2020 112.31 -0.8% 114.24 -0.2%
2021 113.69 +1.2% 116.89 +2.3%
2022 111.86 -1.6% 124.05 +6.1%
2023 121.34 +8.5% 130.05 +4.8%
2024 123.00 +1.4% 133.16 +2.4%

Inflation by Decade: Thailand vs Singapore

Year-by-year CPI and inflation for Thailand and Singapore, 2000–2026
Year Thailand (Total Inflation) Thailand (Avg Annual Rate) Singapore (Total Inflation) Singapore (Avg Annual Rate)
1960s +25.2% 2.53% +11.1% 1.18%
1970s +111.8% 8.69% +72.4% 6.23%
1980s +45.1% 4.22% +20.8% 2.12%
1990s +53.0% 4.84% +17.0% 1.76%
2000s +25.2% 2.53% +14.2% 1.48%
2010s +13.3% 1.39% +14.4% 1.51%
2020s +9.5% 2.30% +16.6% 3.90%

The inflation gap between Thailand and Singapore widened to 2.7 percentage points from 2000 to 2026.

฿100 in Thailand in 2000 lost roughly the same relative value as $98.30 in Singapore.

Thailand's highest annual inflation was 8.5% in 2023; Singapore's was 6.6% in 2008.

Frequently Asked Questions

Which had higher inflation, Thailand or Singapore?

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 Thailand from 2000 to 2026?

Prices in Thailand rose 59.01% cumulatively, an average of 1.95% per year.

What was cumulative inflation in Singapore from 2000 to 2026?

Prices in Singapore rose 56.31% cumulatively, an average of 1.88% per year.

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Between 2000 and 2026, Singapore had lower cumulative inflation (56.3%) than Thailand (59.0%).