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Development of inflation rates in Singapore

The inflation rate for consumer prices in Singapore moved over the past 60 years between -1.8% and 22.4%. For 2021, an inflation rate of 2.3% was calculated.

During the observation period from 1961 to 2021, the average inflation rate was 2.5% per year. Overall, the price increase was 324.54 %. An item that cost 100 Dollar in 1961 was so charged 424.54 Dollar in the beginning of 2022.


Inflation rates in global comparison


Back to overview: Singapore

Performance over the last 60 years compared to the US

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.

Performance based on 100% in 1960:Performance in Singapore

      Singapore       USA


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 1961 corresponds to an amount of 4,245.39 Dollar at the beginning of 2022 due to inflation.

Original amount in Dollar:


Start year:


End year:


Development of inflation rates for consumer goods in Singapore

Inflation rates for consumer goods in Singapore

      Singapore       USA

Historical inflation rates in comparison

YearSingaporeØ USAØ World
20212.30 %4.70 %3.42 %
2020-0.18 %1.23 %1.91 %
20190.57 %1.81 %2.21 %
20180.44 %2.44 %2.44 %
20170.58 %2.13 %2.19 %
2016-0.53 %1.26 %1.55 %
2015-0.52 %0.12 %1.43 %
20141.03 %1.62 %2.35 %
20132.36 %1.46 %2.62 %
20124.58 %2.07 %3.73 %
20115.25 %3.16 %4.82 %
20102.82 %1.64 %3.35 %
20090.60 %-0.36 %2.94 %
20086.63 %3.84 %8.95 %
20072.10 %2.85 %4.82 %
20060.96 %3.23 %4.28 %
20050.43 %3.39 %4.11 %
20041.66 %2.68 %3.38 %
20030.51 %2.27 %3.03 %
2002-0.39 %1.59 %2.83 %
20011.00 %2.83 %3.84 %
20001.36 %3.38 %3.49 %
19990.02 %2.19 %3.08 %
1998-0.27 %1.55 %5.11 %
19972.00 %2.34 %5.57 %
19961.38 %2.93 %6.55 %
19951.72 %2.81 %9.15 %
19943.10 %2.61 %10.32 %
19932.29 %2.95 %7.51 %
19922.26 %3.03 %7.71 %
19913.43 %4.23 %9.00 %
19903.46 %5.40 %8.13 %
19892.35 %4.83 %7.00 %
19881.52 %4.08 %7.15 %
19870.52 %3.66 %5.76 %
1986-1.39 %1.90 %5.82 %
19850.48 %3.55 %6.86 %
19842.60 %4.30 %8.12 %
19831.20 %3.21 %8.77 %
19823.92 %6.13 %10.24 %
19818.18 %10.33 %12.47 %
19808.53 %13.55 %13.98 %
19794.08 %11.25 %n/a
19784.87 %7.63 %n/a
19773.16 %6.50 %n/a
1976-1.84 %5.74 %n/a
19752.54 %9.14 %n/a
197422.37 %11.05 %n/a
197319.64 %6.18 %n/a
19722.08 %3.27 %n/a
19711.76 %4.29 %n/a
19700.46 %5.84 %n/a
1969-0.27 %5.46 %n/a
19680.66 %4.27 %n/a
19673.34 %2.77 %n/a
19662.01 %3.02 %n/a
19650.18 %1.59 %n/a
19641.73 %1.28 %n/a
19632.21 %1.24 %n/a
19620.42 %1.20 %n/a
19610.40 %1.07 %n/a

Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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