Inflation, GDP deflator in Singapore

Singapore: Inflation, GDP deflator was -1.8% in 2025. ◆ Volatile

Latest (2025)
-1.8%
Change on year
down 130.6%
World rank
200th
of 213 countries
All-time high
16.3%
in 1974
All-time low
-4.6%
in 2023
Years of data
65
1961–2025

Inflation, GDP deflator in Singapore, 1961–2025

-5051015196119932025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.

Analysis

In 2025, inflation, gdp deflator in Singapore stood at -1.8%.

That represents a change of down 130.6% on the previous year and down 158.5% over ten years.

Over the whole period, inflation, gdp deflator in Singapore peaked at 16.3% in 1974 and was at its lowest, -4.6%, in 2023.

Singapore ranks 200th of 213 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.1% 0.3% 2.3% 9
1970s 5.8% 1.5% 16.3% 10
1980s 3.3% -1.5% 11.1% 10
1990s 1.8% -3.6% 4.7% 10
2000s 1.5% -1.8% 5.9% 10
2010s 1.2% -0.4% 3.8% 10
2020s 3.9% -4.6% 15.0% 6

Countries ranked near Singapore

  1. 197 Mozambique -1.0% compare
  2. 198 Equatorial Guinea -1.4% compare
  3. 199 Niger -1.6% compare
  4. 201 Chad -2.0% compare
  5. 202 Saudi Arabia -2.6% compare
  6. 203 Qatar -3.2% compare

See the full ranking of 260 places →

More economy & growth data for Singapore

All data for Singapore →

Frequently asked questions

What is inflation, gdp deflator in Singapore?
Inflation, gdp deflator in Singapore was -1.8% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest inflation, gdp deflator recorded in Singapore?
The highest recorded value was 16.3% in 1974.
What is the lowest inflation, gdp deflator recorded in Singapore?
The lowest recorded value was -4.6% in 2023.
How does Singapore rank for inflation, gdp deflator?
Singapore ranks 200th out of 213 countries with data for 2025.
Is inflation, gdp deflator rising or falling in Singapore?
Over the last ten years it is down 158.5%. The long-run trend across the full record is volatile.
Where does this Singapore data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.

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About this data

Indicator
Inflation, GDP deflator (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
260 places, 14,212 data points, 1961–2025
Last refreshed

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.