New Zealand Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
2.74%
−0.18pp (-6.3%)
Year 2025Rank #107 GlobalPeak 17.15% (1980)Source World Bank
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Overview
New Zealand's inflation rate stood at 2.74% in 2025, a decline of +0.18pp from 2024. The IMF projects 2.74% by 2025. New Zealand ranked 107th globally.
Data & projection
Year
Inflation Rate
YoY change
Rank
2030* IMF
2.02%
-
-
2029* IMF
2.02%
-
-
2028* IMF
2.02%
-
-
2027* IMF
1.97%
-
-
2026* IMF
2.10%
-
-
2025* IMF
2.74%
-
-
2025 2.74%
−0.18pp
#107
2024 2.92%
−2.81pp
#91
2023 5.73%
−1.44pp
#95
2022 7.17%
+3.23pp
#85
2021 3.94%
+2.23pp
#111
2020 1.71%
+0.09pp
#93
2019 1.62%
+0.02pp
#75
2018 1.60%
−0.25pp
#64
2017 1.85%
+1.20pp
#80
2016 0.65%
+0.35pp
#72
2015 0.29%
−0.94pp
#61
2014 1.23%
+0.09pp
#71
2013 1.13%
+0.07pp
#47
2012 1.06%
−2.97pp
#15
2011 4.03%
+1.73pp
#83
2010 2.30%
+0.19pp
#73
2009 2.12%
−1.84pp
#84
2008 3.96%
+1.58pp
#24
2007 2.38%
−0.99pp
#46
2006 3.37%
+0.33pp
#74
2005 3.04%
+0.75pp
#71
2004 2.29%
+0.54pp
#66
2003 1.75%
−0.92pp
#60
2002 2.68%
+0.05pp
#83
2001 2.63%
+0.01pp
#63
2000 2.62%
+2.73pp
#70
1999 -0.11%
−1.38pp
#22
1998 1.27%
+0.08pp
#36
1997 1.19%
−1.10pp
#16
1996 2.29%
−1.47pp
#36
1995 3.75%
+2.01pp
#46
1994 1.75%
+0.46pp
#24
1993 1.29%
+0.27pp
#23
1992 1.01%
−1.59pp
#19
1991 2.60%
−3.50pp
#24
1990 6.10%
+0.38pp
#56
1989 5.72%
−0.64pp
#61
1988 6.38%
−9.39pp
#69
1987 15.74%
+2.52pp
#110
1986 13.21%
−2.17pp
#101
1985 15.42%
+9.29pp
#109
1984 6.17%
−1.27pp
#62
1983 7.34%
−8.78pp
#63
1982 16.16%
+0.71pp
#107
1981 15.37%
−1.71pp
#101
1980 17.15%
+3.45pp
#85
1979 13.70%
+1.74pp
#68
1978 11.96%
−2.43pp
#74
1977 14.38%
−2.52pp
#74
1976 16.91%
+2.22pp
#83
1975 14.68%
+3.58pp
#58
1974 11.11%
+2.94pp
#20
1973 8.17%
+1.23pp
#34
1972 6.93%
−3.45pp
#62
1971 10.39%
+3.87pp
#85
1970 6.52%
+1.59pp
#72
1969 4.93%
+0.61pp
#59
1968 4.31%
−1.74pp
#59
1967 6.06%
+3.30pp
#69
1966 2.76%
−0.64pp
#26
1965 3.40%
−0.08pp
#38
1964 3.47%
+1.51pp
#42
1963 1.97%
−0.71pp
#22
1962 2.68%
+0.88pp
#36
1961 1.80%
+1.10pp
#28
1960 0.70%
–
#16
Show all years (1960-2025)
* IMF World Economic Outlook projection
Analysis
New Zealand's inflation rate was 2.74% in 2025, a decline of −0.18pp from 2024. IMF projects 2.74% by 2025.
Frequently Asked Questions
What is New Zealand's inflation rate? ▾
New Zealand's inflation rate was 2.74% in 2025. Ranked 107th globally. This represents a 6.3% decrease from the previous year.
What was the highest inflation rate in New Zealand? ▾
New Zealand's inflation rate peaked at 17.15% in 1980.
What was the lowest inflation rate in New Zealand? ▾
The lowest inflation rate in New Zealand was -0.11% in 1999.
How does New Zealand rank in inflation rate? ▾
New Zealand ranks 107th globally in inflation rate as of 2025.
What is the World Bank indicator code for inflation rate? ▾
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
What is the projected inflation rate of New Zealand in 2025? ▾
New Zealand's inflation rate is projected to reach 2.74% by 2025 based on IMF projection.
What is the inflation rate of New Zealand in 2025? ▾
The inflation rate of New Zealand in 2025 was 2.74%. This ranks 107th in the world.
Cite this page
APA
New Zealand Inflation Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/new-zealand/inflation-rate
BibTeX
@misc{historysaid_new-zealand_inflation-rate,
title = {New Zealand Inflation Rate},
url = {https://historysaid.com/new-zealand/inflation-rate},
publisher = {HistorySaid},
year = {2026}
}
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