Singapore Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Singapore's inflation rate was 0.93% in 2025, ranked 168th globally. This represents a 61.2% decrease from 2024. Data from World Bank, covering 1961–2025.
Overview
Singapore's inflation rate stood at 0.93% in 2025, a decline of +1.46pp from 2024. The IMF projects 0.93% by 2025. Singapore ranked 168th globally.
Singapore's inflation rate has demonstrated remarkable stability over the past 65 years, with fluctuations largely contained within a narrow margin. At its all-time peak in 1974, the inflation rate soared to 22.37%, a stark contrast to the current rate of 0.93%, which ranks 168 globally. The country's inflation rate has been trending downward since 1976, when it hit an all-time trough of -1.84%, a testament to Singapore's commitment to maintaining price stability. Compared to its peers, Côte d'Ivoire's inflation rate of 1.00% is the closest, while Oman's rate of 0.90% is nearly as low. With continued economic growth and prudent monetary policy, it is likely that Singapore's inflation rate will remain low in the coming years. However, a potential increase in global commodity prices or domestic economic shocks could alter this trajectory and push the inflation rate upwards.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 1.97% | - | - |
| 2029* IMF | 1.97% | - | - |
| 2028* IMF | 1.97% | - | - |
| 2027* IMF | 1.87% | - | - |
| 2026* IMF | 1.30% | - | - |
| 2025* IMF | 0.93% | - | - |
| 2025 | 0.93% | −1.46pp | #168 |
| 2024 | 2.39% | −2.44pp | #71 |
| 2023 | 4.83% | −1.30pp | #77 |
| 2022 | 6.13% | +3.81pp | #65 |
| 2021 | 2.32% | +2.49pp | #63 |
| 2020 | -0.17% | −0.74pp | #32 |
| 2019 | 0.57% | +0.13pp | #38 |
| 2018 | 0.44% | −0.14pp | #15 |
| 2017 | 0.58% | +1.11pp | #27 |
| 2016 | -0.53% | −0.01pp | #27 |
| 2015 | -0.52% | −1.55pp | #33 |
| 2014 | 1.03% | −1.33pp | #62 |
| 2013 | 2.36% | −2.22pp | #94 |
| 2012 | 4.58% | −0.67pp | #122 |
| 2011 | 5.25% | +2.42pp | #117 |
Detected Pattern
Analysis
Singapore matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →
Frequently Asked Questions
Singapore's inflation rate was 0.93% in 2025. Ranked 168th globally. This represents a 61.2% decrease from the previous year.
Singapore's inflation rate peaked at 22.37% in 1974.
The lowest inflation rate in Singapore was -1.84% in 1976.
Singapore ranks 168th globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Singapore's inflation rate is projected to reach 0.93% by 2025 based on IMF projection.
The inflation rate of Singapore in 2025 was 0.93%. This ranks 168th in the world.
Cite this page
@misc{historysaid_singapore_inflation-rate,
title = {Singapore Inflation Rate},
url = {https://historysaid.com/singapore/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}