Singapore Forecast: Consumer Price Index Growth

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about Singapore Consumer Price Index Growth Forecast

  • Singapore Consumer Price Index Growth is forecasted to be 3.496 % in Dec 2024 as reported by International Monetary Fund
  • It records remained the same from the last reported number of 5.469 % in Dec 2023
  • Looking ahead, Singapore Consumer Price Index Growth is projected to stand at 1.999 % in Dec 2028
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Consumer Price Index: Average Consumer Price: YoY

View Singapore's Forecast: Consumer Price Index Growth from 1980 to 2028 in the chart:

Singapore Forecast: Consumer Price Index Growth

What is Singapore's Forecast: Consumer Price Index Growth in 2028?

Singapore Consumer Price Index Growth is forecasted to be 3.496 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
1.999 2028 1.999 2027 -1.381 1986 8.541 1980 % yearly 1980 - 2028

Forecast: Consumer Price Index Growth by Country Comparison

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country/region Last Frequency Range
Afghanistan (%) 13.709 2022 yearly 2003 - 2022
Albania (%) 3.024 2028 yearly 1990 - 2028
Algeria (%) 5.032 2028 yearly 1980 - 2028
Andorra (%) 1.700 2028 yearly 2002 - 2028
Angola (%) 8.890 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.018 2028 yearly 1980 - 2028
Argentina (%) 32.469 2028 yearly 1998 - 2028
Armenia (%) 4.017 2028 yearly 1993 - 2028
Aruba (%) 1.998 2028 yearly 1987 - 2028
Australia (%) 2.574 2028 yearly 1980 - 2028
Austria (%) 2.007 2028 yearly 1980 - 2028
Azerbaijan (%) 4.000 2028 yearly 1993 - 2028
Bahamas (%) 1.982 2028 yearly 1980 - 2028
Bahrain (%) 2.003 2028 yearly 1980 - 2028
Bangladesh (%) 5.500 2028 yearly 1980 - 2028
Barbados (%) 2.427 2028 yearly 1980 - 2028
Belarus (%) 5.020 2028 yearly 1993 - 2028
Belgium (%) 1.970 2028 yearly 1980 - 2028
Belize (%) 1.207 2028 yearly 1980 - 2028
Benin (%) 2.000 2028 yearly 1980 - 2028
Bhutan (%) 3.960 2028 yearly 1980 - 2028
Bolivia (%) 3.500 2028 yearly 1980 - 2028
Bosnia and Herzegovina (%) 2.021 2028 yearly 1997 - 2028
Botswana (%) 4.500 2028 yearly 1980 - 2028
Brazil (%) 2.965 2028 yearly 1980 - 2028
Brunei (%) 1.000 2028 yearly 1982 - 2028
Bulgaria (%) 2.000 2028 yearly 1981 - 2028
Burkina Faso (%) 2.000 2028 yearly 1980 - 2028
Burundi (%) 7.000 2028 yearly 1980 - 2028
Cambodia (%) 3.000 2028 yearly 1987 - 2028
Cameroon (%) 2.000 2028 yearly 1980 - 2028
Canada (%) 1.968 2028 yearly 1980 - 2028
Cape Verde (%) 2.000 2028 yearly 1980 - 2028
Central African Republic (%) 2.535 2028 yearly 1980 - 2028
Chad (%) 2.968 2028 yearly 1980 - 2028
Chile (%) 3.041 2028 yearly 1980 - 2028
China (%) 2.200 2028 yearly 1981 - 2028
Colombia (%) 2.960 2028 yearly 1980 - 2028
Comoros (%) 1.967 2028 yearly 1980 - 2028
Congo (%) 3.000 2028 yearly 1980 - 2028
Costa Rica (%) 3.000 2028 yearly 1980 - 2028
Croatia (%) 2.079 2028 yearly 1993 - 2028
Cyprus (%) 2.000 2028 yearly 1980 - 2028
Czech Republic (%) 2.000 2028 yearly 1996 - 2028
Democratic Republic of Congo (%) 6.000 2028 yearly 1980 - 2028
Denmark (%) 2.000 2028 yearly 1980 - 2028
Djibouti (%) 2.500 2028 yearly 1992 - 2028
Dominica (%) 2.000 2028 yearly 1980 - 2028
Dominican Republic (%) 4.033 2028 yearly 1980 - 2028
Ecuador (%) 1.543 2028 yearly 1980 - 2028
Egypt (%) 9.499 2028 yearly 1980 - 2028
El Salvador (%) 1.700 2028 yearly 1980 - 2028
Equatorial Guinea (%) 3.000 2028 yearly 1981 - 2028
Eritrea (%) 4.370 2028 yearly 1993 - 2028
Estonia (%) 2.500 2028 yearly 1994 - 2028
Swaziland (%) 4.406 2028 yearly 1980 - 2028
Ethiopia (%) 12.608 2028 yearly 1980 - 2028
Fiji (%) 2.500 2028 yearly 1980 - 2028
Finland (%) 2.000 2028 yearly 1980 - 2028
France (%) 1.557 2028 yearly 1980 - 2028
Gabon (%) 2.662 2028 yearly 1980 - 2028
Gambia (%) 5.000 2028 yearly 1980 - 2028
Georgia (%) 3.007 2028 yearly 1997 - 2028
Germany (%) 1.964 2028 yearly 1980 - 2028
Ghana (%) 8.000 2028 yearly 1980 - 2028
Greece (%) 1.894 2028 yearly 1980 - 2028
Grenada (%) 1.999 2028 yearly 1980 - 2028
Guatemala (%) 3.970 2028 yearly 1980 - 2028
Guinea (%) 7.500 2028 yearly 1980 - 2028
Guinea-Bissau (%) 2.000 2028 yearly 1980 - 2028
Guyana (%) 5.032 2028 yearly 1980 - 2028
Haiti (%) 9.726 2028 yearly 1980 - 2028
Honduras (%) 4.000 2028 yearly 1980 - 2028
Hong Kong SAR, China (%) 2.500 2028 yearly 1980 - 2028
Hungary (%) 3.057 2028 yearly 1980 - 2028
Iceland (%) 2.500 2028 yearly 1980 - 2028
India (%) 4.000 2028 yearly 1980 - 2028
Indonesia (%) 2.461 2028 yearly 1980 - 2028
Iran (%) 25.000 2028 yearly 1980 - 2028
Iraq (%) 2.000 2028 yearly 2005 - 2028
Ireland (%) 2.000 2028 yearly 1980 - 2028
Israel (%) 2.085 2028 yearly 1980 - 2028
Italy (%) 2.000 2028 yearly 1980 - 2028
Ivory Coast (%) 2.000 2028 yearly 1980 - 2028
Jamaica (%) 5.000 2028 yearly 1980 - 2028
Japan (%) 1.610 2028 yearly 1980 - 2028
Jordan (%) 2.489 2028 yearly 1980 - 2028
Kazakhstan (%) 4.698 2028 yearly 1993 - 2028
Kenya (%) 5.000 2028 yearly 1980 - 2028
Kiribati (%) 1.800 2028 yearly 1980 - 2028
South Korea (%) 2.000 2028 yearly 1980 - 2028
Kosovo (%) 2.000 2028 yearly 2001 - 2028
Kuwait (%) 2.011 2028 yearly 1980 - 2028
Kyrgyzstan (%) 4.000 2028 yearly 1993 - 2028
Laos (%) 3.000 2028 yearly 1980 - 2028
Latvia (%) 2.479 2028 yearly 1993 - 2028
Lebanon (%) 84.880 2020 yearly 1980 - 2020
Lesotho (%) 5.500 2028 yearly 1980 - 2028
Liberia (%) 4.988 2028 yearly 1999 - 2028
Libya (%) 2.863 2028 yearly 1980 - 2028

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Singapore Key Series

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Includes 230 key indicators for Singapore, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 1.5 Dec 2023 quarterly Mar 2012 - Dec 2023
Consolidated Fiscal Balance (USD mn) 2,633.747 Feb 2024 monthly Apr 2011 - Feb 2024
Tax Revenue (USD mn) 8,564.884 Feb 2024 monthly Aug 1987 - Feb 2024
Tax Revenue: % of GDP (%) 10.1 Dec 2023 quarterly Dec 1987 - Dec 2023
National Government Debt (USD mn) 871,871.2 Dec 2023 quarterly Mar 1990 - Dec 2023
Government Debt: % of GDP (%) 170.8 Dec 2023 quarterly Mar 1990 - Dec 2023
Forecast: Government Expenditure (SGD bn) 147.746 2029 yearly 1991 - 2029
Forecast: Government Net Debt (SGD bn) 1,456.380 2029 yearly 1991 - 2029
Forecast: Government Revenue (SGD bn) 170.603 2029 yearly 1991 - 2029
Govt Finance: Cash Surplus / Deficit (SGD mn) 3,541.600 Feb 2024 monthly Apr 2011 - Feb 2024
Govt Revenue: Operating (SGD mn) 12,149.100 Feb 2024 monthly Jan 2003 - Feb 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.209 2028 yearly 1980 - 2028
Trade Balance (USD mn) 4,438.4 Feb 2024 monthly Jan 1976 - Feb 2024
Total Exports (USD mn) 41,098.4 Feb 2024 monthly Jan 1976 - Feb 2024
Total Exports Growth (%) 6.7 Feb 2024 monthly Jan 1977 - Feb 2024
Aluminum: Exports (USD th) 710,153.306 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 10,982,157.540 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 7,291,818.243 2022 yearly 1995 - 2022
Total Imports (USD mn) 36,659.9 Feb 2024 monthly Jan 1964 - Feb 2024
Total Imports Growth (%) 9.0 Feb 2024 monthly Jan 1965 - Feb 2024
Imports: Medicament (USD th) 2,207,048.295 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 2,625,676.303 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 3,443.382 Feb 2024 monthly Jan 1976 - Feb 2024
Total Imports from USA (USD mn) 3,705.218 Feb 2024 monthly Jan 1976 - Feb 2024
Total Exports to China (USD mn) 4,780.943 Feb 2024 monthly Jan 1975 - Feb 2024
Total Imports from China (USD mn) 3,706.529 Feb 2024 monthly Jan 1975 - Feb 2024
Domestic Exports: Non Oil (SGD mn) 17,289.94 May 2018 monthly Jan 1976 - May 2018
Exports: Non Oil (SGD mn) 40,168.70 Jul 2018 monthly Jan 1964 - Jul 2018
Re Exports: Non Oil (SGD mn) 22,035.26 May 2018 monthly Jan 1976 - May 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 21,534.5 Dec 2023 quarterly Mar 1995 - Dec 2023
Current Account Balance (USD mn) 25,500.6 Dec 2023 quarterly Mar 1986 - Dec 2023
Current Account Balance: % of GDP (%) 19.5 Dec 2023 quarterly Mar 1986 - Dec 2023
Foreign Direct Investment (USD mn) 56,128.3 Dec 2023 quarterly Mar 1995 - Dec 2023
Foreign Direct Investment: % of GDP (%) 42.9 Dec 2023 quarterly Mar 1995 - Dec 2023
Foreign Portfolio Investment (USD mn) 12,621.668 Dec 2023 quarterly Mar 1995 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 9.7 Dec 2023 quarterly Mar 1995 - Dec 2023
External Debt (USD mn) 1,995,943.0 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: % of GDP (%) 391.1 2023 yearly 2003 - 2023
External Debt: Short Term (USD mn) 1,297,112.3 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Short Term: % of GDP (%) 254.2 2023 yearly 2003 - 2023
Forecast: Current Account Balance (USD bn) 74.156 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 859,132.722 Dec 2023 quarterly Dec 2013 - Dec 2023
BoP: FA: Others: Liabilities (SGD mn) -13,237.200 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Goods: Exports (SGD mn) 189,904.700 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Primary Income Balance (SGD mn) -30,668.000 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Direct Investment (SGD mn) -46,682.000 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Financial Derivatives (SGD mn) -2,225.900 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: CA: Goods: Imports (SGD mn) 136,982.900 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Portfolio Inv: Liabilities (SGD mn) 17,032.100 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: FA: Financial Derivatives: Liabilities (SGD mn) -868.800 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: Financial Account (FA): Net (SGD mn) 19,902.600 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Goods: Balance (SGD mn) 52,921.800 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Others: Assets (SGD mn) 23,081.800 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Services: Imports (SGD mn) 102,106.400 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Services: Exports (SGD mn) 115,850.000 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Portfolio Inv: Assets (SGD mn) 49,523.600 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: CA: Primary Income Balance: Payment (SGD mn) 85,114.100 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: Official Reserves (OR): Net (SGD mn) 13,193.400 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Direct Investment: Assets (SGD mn) 29,059.400 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: FA: Others (SGD mn) 36,319.000 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: Current Account (CA) Balance (SGD mn) 34,411.400 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Financial Derivatives: Assets (SGD mn) -3,094.700 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: Net Errors and Omissions (SGD mn) -1,315.400 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Services: Balance (SGD mn) 13,743.600 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Direct Investment: Liabilities (SGD mn) 75,741.400 Dec 2023 quarterly Mar 1995 - Dec 2023
BoP: CA: Primary Income Balance: Receipts (SGD mn) 54,446.100 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: Portfolio Investment (SGD mn) 32,491.500 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: CA: Secondary Income Balance (SGD mn) -1,586.000 Dec 2023 quarterly Mar 1986 - Dec 2023
BoP: FA: PI: Liabilities: Equity & Investment Fund Shares (SGD mn) -5,728.600 2018 yearly 1988 - 2018
BoP: FA: PI: Liabilities: Debt Securities (SGD mn) 1,256.600 2018 yearly 1988 - 2018
International Investment Position (IIP) (SGD mn) 1,108,209.700 Dec 2018 quarterly Dec 2013 - Dec 2018
External Debt: Gross: OL: DTC: Long Term (SGD mn) 172,930.000 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Gross: OL: DTC: Short Term (SGD mn) 1,376,242.500 Sep 2023 quarterly Jun 2003 - Sep 2023
External Debt: Gross (SGD mn) 2,633,247.600 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Gross: OL: OS: Long Term (SGD mn) 268,923.100 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Gross: OL: OS: Short Term (SGD mn) 303,534.300 Sep 2023 quarterly Jun 2003 - Sep 2023
FDI: By Industry: Financial & Insurance Services (SGD mn) 1,476,535.300 2022 yearly 1998 - 2022
FDI: By Industry: Professinal, Administrative & Support Services (SGD mn) 175,782.000 2022 yearly 1998 - 2022
FDI: By Industry: Wholesale & Retail Trade (SGD mn) 411,171.600 2022 yearly 1998 - 2022
FDI: By Industry: Manufacturing (SGD mn) 323,144.100 2022 yearly 1998 - 2022
Foreign Direct Investment (FDI): Total (SGD mn) 2,618,994.200 2022 yearly 1998 - 2022
FDI: By Country: United Kingdom (SGD mn) 138,604.600 2022 yearly 1998 - 2022
FDI: By Country: Netherlands (SGD mn) 70,409.500 2022 yearly 1998 - 2022
FDI: By Country: United States (SGD mn) 574,017.500 2022 yearly 1998 - 2022
FDI: By Country: Japan (SGD mn) 177,665.900 2022 yearly 1998 - 2022
FDI: By Country: Switzerland (SGD mn) 80,150.900 2022 yearly 1998 - 2022
Business Entities (BE): Formation: Total (Number) 6,250.000 Mar 2024 monthly Jan 1970 - Mar 2024
SG: BOP: Current Account: Personal Remittances: Received (USD mn) 0.000 2022 yearly 2005 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.3 Dec 2019 quarterly Dec 2008 - Dec 2019
Household Debt: % of GDP (%) 54.1 Dec 2023 quarterly Mar 1995 - Dec 2023
Non-Performing Loans (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Money Supply M1 (USD mn) 339,220.196 Feb 2024 monthly Mar 2004 - Feb 2024
Money Supply M2 (USD mn) 943,072.277 Feb 2024 monthly Mar 2004 - Feb 2024
M2 Growth (%) 2.9 Feb 2024 monthly Mar 2005 - Feb 2024
Foreign Exchange Reserves (USD mn) 343,134.7 Feb 2024 monthly Apr 2000 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 67.165 Dec 2023 quarterly Jun 2000 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 10.2 Feb 2024 monthly Apr 2000 - Feb 2024
Gold Reserves (USD mn) 6,577.900 Feb 2024 monthly Apr 2000 - Feb 2024
Total Deposits (USD mn) 1,348,421.565 Feb 2024 monthly Jan 1991 - Feb 2024
Total Deposits Growth (%) 4.3 Feb 2024 monthly Jan 1992 - Feb 2024
Domestic Credit (USD mn) 841,946.3 Feb 2024 monthly Mar 2004 - Feb 2024
Domestic Credit Growth (%) -1.1 Feb 2024 monthly Mar 2005 - Feb 2024
Credit to Households (USD bn) 227.662 Sep 2023 quarterly Mar 1991 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 856.674 Sep 2023 quarterly Dec 1963 - Sep 2023
Household Debt (USD mn) 271,296.0 Feb 2024 monthly Mar 2004 - Feb 2024
Total Loans (USD mn) 934,088.133 Feb 2024 monthly Mar 2004 - Feb 2024
Total Loans Growth (%) -1.48 Feb 2024 monthly Mar 2005 - Feb 2024
Private Debt: % of Nominal GDP (%) 130.91 Dec 2023 quarterly Mar 2004 - Dec 2023
ORA: Other Reserve Assets (USD mn) 472.40 Jul 2018 monthly Apr 2000 - Jul 2018
ORA: Gold Incl Gold Deposits and Gold Swapped (USD mn) 211.70 Jul 2018 monthly Apr 2000 - Jul 2018
DBU: Loans & Advances: CL: Housing & Bridging Loans (SGD mn) 203,114.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: Consumer Loans (CL) (SGD mn) 264,859.50 May 2018 monthly Mar 2004 - May 2018
DBU: Loans & Advances: LB: Professional & Private Individuals (SGD mn) 10,320.90 May 2018 monthly Jan 1991 - May 2018
DBU: Loans & Advances: Total, Including Bills Financing (SGD mn) 667,892.20 May 2018 monthly Jan 1980 - May 2018
DBU: Loans & Advances: Loans to Businesses (LB) (SGD mn) 403,032.70 May 2018 monthly Mar 2004 - May 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 1.6 Mar 2024 monthly Jan 2000 - Mar 2024
Composite Leading Index: 2015=100 (2015=100) 109.300 Mar 2019 quarterly Mar 1978 - Mar 2019

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