Development of inflation rates in Singapore
The inflation rate for consumer prices in Singapore moved over the past 40 years between -1.4% and 8.5%. For 2019, an inflation rate of 0.6% was calculated.During the observation period from 1979 to 2019, the average inflation rate was 2.1% per year. Overall, the price increase was 124.89 %. An item that cost 100 Dollar in 1979 was so charged 224.89 Dollar in the beginning of 2020.
In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.
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Performance over the last 40 years compared to the European Union
Performance based on 100% in 1978.
Inflation calculator for Singapore
Enter any amount, an initial year and an end year here. You will then be issued with the amount that arose from the original amount after inflation. Example: 1000 Dollar in 1979 corresponds to an amount of 2,248.88 Dollar at the beginning of 2020 due to inflation.Development of inflation rates for consumer goods in Singapore
| Jahr | Singapore | Ø European Union |
|---|---|---|
| 1979 | 4.08 % | 8.98 % |
| 1980 | 8.53 % | 13.52 % |
| 1981 | 8.18 % | 11.82 % |
| 1982 | 3.92 % | 9.47 % |
| 1983 | 1.20 % | 8.52 % |
| 1984 | 2.60 % | 7.37 % |
| 1985 | 0.48 % | 5.61 % |
| 1986 | -1.39 % | 3.55 % |
| 1987 | 0.52 % | 4.07 % |
| 1988 | 1.52 % | 4.35 % |
| 1989 | 2.35 % | 6.01 % |
| 1990 | 3.46 % | 6.30 % |
| 1991 | 3.43 % | 5.93 % |
| 1992 | 2.26 % | 5.60 % |
| 1993 | 2.29 % | 4.79 % |
| 1994 | 3.10 % | 4.71 % |
| 1995 | 1.72 % | 4.32 % |
| 1996 | 1.38 % | 3.31 % |
| 1997 | 2.00 % | 2.72 % |
| 1998 | -0.27 % | 2.40 % |
| 1999 | 0.02 % | 2.15 % |
| 2000 | 1.36 % | 3.10 % |
| 2001 | 1.00 % | 3.15 % |
| 2002 | -0.39 % | 2.31 % |
| 2003 | 0.51 % | 2.08 % |
| 2004 | 1.66 % | 2.26 % |
| 2005 | 0.43 % | 2.47 % |
| 2006 | 0.96 % | 2.60 % |
| 2007 | 2.10 % | 2.48 % |
| 2008 | 6.63 % | 4.16 % |
| 2009 | 0.60 % | 0.93 % |
| 2010 | 2.82 % | 1.53 % |
| 2011 | 5.25 % | 3.29 % |
| 2012 | 4.58 % | 2.66 % |
| 2013 | 2.36 % | 1.22 % |
| 2014 | 1.03 % | 0.20 % |
| 2015 | -0.52 % | -0.06 % |
| 2016 | -0.53 % | 0.18 % |
| 2017 | 0.58 % | 1.43 % |
| 2018 | 0.44 % | 1.74 % |
| 2019 | 0.57 % | 1.63 % |