Inflation Rate (CPI): Singapore
Singapore's inflation rate (cpi) is currently 1.3% as of 2026. # Singapore Inflation Rate (CPI) Singapore's inflation rate stands at 1.
Current (2026)
1.3%
+44.4% y/y
Peak (1980)
8.5%
Low (1986)
-1.4%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Inflation Rate (CPI) — Singapore
1980 — 2026
Inflation Rate (CPI) — Singapore
Analysis# Singapore Inflation Rate (CPI)
Singapore's inflation rate stands at 1.3% in 2026, reflecting a remarkably stable price environment compared to its historical extremes. The city-state peaked at 8.5% inflation in 1980 and experienced deflation of -1.4% in 1986. Over the past 46 years, the inflation rate has declined 84.7% from 1980 levels, demonstrating Singapore's success in maintaining price stability through prudent monetary policy and economic management.
The period from 2017 to 2020 saw exceptionally low inflation, hovering between 0.4% and -0.2%. A sharp spike occurred in 2022, when inflation surged to 6.1% amid global supply chain disruptions and commodity price shocks. Since then, Singapore has achieved a steady normalization, declining from 4.8% in 2023 to 2.4% in 2024 and 0.9% in 2025. The trajectory suggests inflation is converging toward the central bank's target range, positioning Singapore among the world's most price-stable economies.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 2.0% | +0.00% |
| 2029 | 2.0% | +0.00% |
| 2028 | 2.0% | +5.26% |
| 2027 | 1.9% | +46.15% |
| 2026 | 1.3% | +44.44% |
| 2025 | 0.9% | -62.50% |
| 2024 | 2.4% | -50.00% |
| 2023 | 4.8% | -21.31% |
| 2022 | 6.1% | +165.22% |
| 2021 | 2.3% | +1250.00% |
| 2020 | -0.2% | -133.33% |
| 2019 | 0.6% | +50.00% |
| 2018 | 0.4% | -33.33% |
| 2017 | 0.6% | +220.00% |
| 2016 | -0.5% | +0.00% |
| 2015 | -0.5% | -150.00% |
| 2014 | 1.0% | -58.33% |
| 2013 | 2.4% | -47.83% |
| 2012 | 4.6% | -13.21% |
| 2011 | 5.3% | +89.29% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 2.8% | +366.67% |
| 2009 | 0.6% | -90.91% |
| 2008 | 6.6% | +214.29% |
| 2007 | 2.1% | +110.00% |
| 2006 | 1.0% | +100.00% |
| 2005 | 0.5% | -70.59% |
| 2004 | 1.7% | +240.00% |
| 2003 | 0.5% | +225.00% |
| 2002 | -0.4% | -140.00% |
| 2001 | 1.0% | -23.08% |
| 2000 | 1.3% | — |
| 1999 | 0.0% | +100.00% |
| 1998 | -0.3% | -115.00% |
| 1997 | 2.0% | +42.86% |
| 1996 | 1.4% | -17.65% |
| 1995 | 1.7% | -45.16% |
| 1994 | 3.1% | +34.78% |
| 1993 | 2.3% | +4.55% |
| 1992 | 2.2% | -35.29% |
| 1991 | 3.4% | +0.00% |
| 1990 | 3.4% | +47.83% |
| 1989 | 2.3% | +53.33% |
| 1988 | 1.5% | +200.00% |
| 1987 | 0.5% | +135.71% |
| 1986 | -1.4% | -380.00% |
| 1985 | 0.5% | -80.77% |
| 1984 | 2.6% | +160.00% |
| 1983 | 1.0% | -74.36% |
| 1982 | 3.9% | -52.44% |
| 1981 | 8.2% | -3.53% |
| 1980 | 8.5% | — |
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