Singapore Inflation Rate 1961-2022

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Singapore inflation rate for 2021 was 2.30%, a 2.49% increase from 2020.
  • Singapore inflation rate for 2020 was -0.18%, a 0.75% decline from 2019.
  • Singapore inflation rate for 2019 was 0.57%, a 0.13% increase from 2018.
  • Singapore inflation rate for 2018 was 0.44%, a 0.14% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Uruguay 7.75%
Hungary 5.11%
Poland 5.06%
United States 4.70%
Lithuania 4.68%
Estonia 4.65%
Chile 4.52%
Iceland 4.44%
New Zealand 3.94%
Czech Republic 3.84%
Norway 3.48%
Kuwait 3.42%
Canada 3.40%
Latvia 3.28%
Slovak Republic 3.15%
Germany 3.14%
Spain 3.09%
Saudi Arabia 3.06%
Bahamas 2.90%
Australia 2.86%
Austria 2.77%
Netherlands 2.68%
Palau 2.66%
Croatia 2.55%
Luxembourg 2.53%
United Kingdom 2.52%
South Korea 2.50%
Cyprus 2.45%
Belgium 2.44%
Ireland 2.36%
Singapore 2.30%
Qatar 2.30%
Finland 2.19%
Sweden 2.16%
Antigua and Barbuda 2.06%
Slovenia 1.92%
Italy 1.87%
Denmark 1.85%
Brunei 1.73%
France 1.64%
Panama 1.63%
Hong Kong 1.57%
Oman 1.55%
Malta 1.50%
Israel 1.49%
Portugal 1.27%
Greece 1.22%
St. Kitts and Nevis 1.20%
Switzerland 0.58%
Japan -0.23%
Bahrain -0.61%
Singapore Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 2.30% 2.49%
2020 -0.18% -0.75%
2019 0.57% 0.13%
2018 0.44% -0.14%
2017 0.58% 1.11%
2016 -0.53% -0.01%
2015 -0.52% -1.55%
2014 1.03% -1.33%
2013 2.36% -2.22%
2012 4.58% -0.67%
2011 5.25% 2.42%
2010 2.82% 2.23%
2009 0.60% -6.03%
2008 6.63% 4.52%
2007 2.10% 1.14%
2006 0.96% 0.54%
2005 0.43% -1.24%
2004 1.66% 1.15%
2003 0.51% 0.90%
2002 -0.39% -1.39%
2001 1.00% -0.36%
2000 1.36% 1.34%
1999 0.02% 0.28%
1998 -0.27% -2.27%
1997 2.00% 0.62%
1996 1.38% -0.34%
1995 1.72% -1.38%
1994 3.10% 0.81%
1993 2.29% 0.03%
1992 2.26% -1.16%
1991 3.43% -0.04%
1990 3.46% 1.12%
1989 2.35% 0.82%
1988 1.52% 1.00%
1987 0.52% 1.91%
1986 -1.39% -1.87%
1985 0.48% -2.12%
1984 2.60% 1.40%
1983 1.20% -2.72%
1982 3.92% -4.27%
1981 8.18% -0.34%
1980 8.53% 4.45%
1979 4.08% -0.80%
1978 4.87% 1.71%
1977 3.16% 5.01%
1976 -1.84% -4.38%
1975 2.54% -19.83%
1974 22.37% 2.73%
1973 19.64% 17.56%
1972 2.08% 0.32%
1971 1.76% 1.30%
1970 0.46% 0.74%
1969 -0.27% -0.93%
1968 0.66% -2.69%
1967 3.34% 1.34%
1966 2.01% 1.83%
1965 0.18% -1.55%
1964 1.73% -0.48%
1963 2.21% 1.79%
1962 0.42% 0.02%
1961 0.40% 0.02%