Annual Inflation Visualization (Singapore)

Source: World Bank (1961-2023)

2.59% Historical average
16.32% Maximum recorded
-3.58% Minimum recorded
63 Years of data

Historical Inflation Calculator for Singapore

Calculate how the value of money has changed between two specific years in Singapore.

Future Value Estimation

Estimate how the value of an amount of money will change in the future, given an average inflation rate.

Past Value Estimation

Estimate what the equivalent value of an amount of money would have been in the past, given an average inflation rate.

Historical inflation data for Singapore

Year Inflation (%) Change
2023 -3.07% -16.55pp
2022 13.48% +3.21pp
2021 10.26% +12.70pp
2020 -2.44% -2.23pp
2019 -0.20% -3.81pp
2018 3.60% +0.71pp
2017 2.89% +2.40pp
2016 0.49% -2.58pp
2015 3.07% +3.34pp
2014 -0.27% +0.16pp
2013 -0.43% -0.93pp
2012 0.50% -0.68pp
2011 1.17% +0.06pp
2010 1.11% -1.85pp
2009 2.95% +4.34pp
2008 -1.38% -7.30pp
2007 5.92% +4.07pp
2006 1.84% -0.06pp
2005 1.90% -2.06pp
2004 3.96% +5.76pp
2003 -1.80% -0.90pp
2002 -0.90% +0.92pp
2001 -1.81% -5.68pp
2000 3.86% +7.44pp
1999 -3.58% -2.25pp
1998 -1.33% -2.41pp
1997 1.08% -0.42pp
1996 1.51% -1.67pp
1995 3.18% -0.29pp
1994 3.46% +0.01pp
1993 3.46% +2.07pp
1992 1.39% -3.05pp
1991 4.44% -0.26pp
1990 4.70% +0.54pp
1989 4.16% -1.27pp
1988 5.43% +4.90pp
1987 0.53% +1.79pp
1986 -1.25% +0.21pp
1985 -1.47% -2.25pp
1984 0.79% -2.38pp
1983 3.17% -1.36pp
1982 4.53% -1.34pp
1981 5.88% -5.25pp
1980 11.13% +5.89pp
1979 5.24% +1.19pp
1978 4.04% +2.04pp
1977 2.01% +0.29pp
1976 1.72% -1.17pp
1975 2.89% -13.43pp
1974 16.32% +3.11pp
1973 13.21% +7.48pp
1972 5.73% +0.87pp
1971 4.85% +3.31pp
1970 1.55% -0.73pp
1969 2.28% +0.84pp
1968 1.44% +1.08pp
1967 0.36% -1.74pp
1966 2.10% +1.02pp
1965 1.08% +0.52pp
1964 0.56% -0.36pp
1963 0.93% +0.46pp
1962 0.47% +0.14pp
1961 0.33% -

About Singapore inflation

Singapore inflation measures the annual percentage change in the general level of consumer prices. This indicator is essential to understand how the purchasing power of money varies over time. Our Singapore inflation calculator allows you to visualize these changes and calculate monetary equivalences between different years.

What is inflation?

Inflation is the sustained and generalized increase in the price level of goods and services in an economy over a period of time. When inflation rises, each monetary unit buys fewer products. The inflation rate is generally measured by the Consumer Price Index (CPI), which reflects changes in the cost of a representative basket of goods and services.

How to use this inflation calculator?

Our Singapore inflation calculator offers three tools: 1) Historical calculator: enter a value and select two years to see how purchasing power has changed. 2) Future value: estimate what your money will be worth in the future with a projected inflation rate. 3) Past value: calculate the equivalent of a current amount in the past.

Data provided by the World Bank (World Bank Open Data). Data is updated annually.

Frequently Asked Questions

What is the current inflation in Singapore?
According to the latest available World Bank data, Singapore inflation in 2023 was -3.07%. This inflation rate represents the annual percentage change in the consumer price index (CPI).
How to calculate cumulative inflation in Singapore?
To calculate cumulative inflation in Singapore, use our historical calculator. Enter an initial value, select the start year and end year. The calculator will multiply the value by each year's inflation factors to give you the equivalent value and total cumulative inflation in percentage.
What was the highest inflation recorded in Singapore?
You can check Singapore's historical inflation in the chart and table on this page. The data shows the evolution of the annual inflation rate from 1961 to 2023, allowing you to identify periods of highest and lowest inflation.
How does inflation affect purchasing power?
Inflation reduces the purchasing power of money over time. For example, if inflation is 3% per year, what costs $100 today will cost $103 next year. Our inflation calculator helps you visualize exactly how much the real value of your money has changed in Singapore.
What is the historical average inflation in Singapore?
The historical average inflation in Singapore can be calculated with the data on this page. Check the statistics in the chart section where we show the historical average, as well as the maximum and minimum values recorded during the period 1961-2023.
What is the CPI and how does it relate to inflation?
The CPI (Consumer Price Index) is an indicator that measures the price variation of a basket of goods and services representative of household consumption. The inflation rate is calculated as the percentage change in the CPI between two periods. Our Singapore inflation data is based on the official CPI.