Singapore Inflation Rate 1961-2024
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 2023 was 4.82%, a 1.3% decline from 2022.
- Singapore inflation rate for 2022 was 6.12%, a 3.82% increase from 2021.
- 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 - Historical Data |
Year |
Inflation Rate (%) |
Annual Change |
2023 |
4.82% |
-1.30% |
2022 |
6.12% |
3.82% |
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% |