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% |
