Inflation, CPI (Average) rose 11.0% to 1.94% in New Zealand in 2020

Inflation, CPI (Average) (%), 2020
Economy | New Zealand | January 1, 2021
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Average inflation measured by CPI rose 11.0% to 1.94% in New Zealand in 2020, according to the National Statistical Office.

Historically, average inflation measured by CPI in New Zealand reached an all time high of 1.94% in 2020 and an all time low of -0.001% in 1999. When compared to New Zealand's main peers, average inflation measured by CPI in Australia amounted to 2.51%, 3.85% in Indonesia, 2.55% in Malaysia and 3.35% in Philippines in 2020.

New Zealand has been ranked 145th within the group of 171 countries we follow in terms of average inflation measured by CPI, 24 places below the position seen 10 years ago.

Inflation, CPI (Average) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Australia % 0.019% 0.019% 0.016% 2.51% 2.52%
Cambodia % 0.029% 0.025% 3.28% 3.23% 3.08%
China % 0.016% 0.021% 0.029% 2.65% 2.80%
Indonesia % 0.038% 0.032% 0.030% 3.85% 3.36%
Malaysia % 0.039% 0.009% 0.007% 2.55% 2.51%
New Zealand % 0.019% 0.016% 0.016% 1.94% 2.02%
Papua New Guinea % 0.054% 0.047% 0.036% 3.82% 3.82%
Philippines % 0.029% 0.052% 0.025% 3.35% 3.07%
Singapore % 0.006% 0.004% 0.006% 1.45% 1.35%
Taiwan % 1.10% 1.50% 1.30% 1.50% 1.80%
Thailand % 0.007% 0.011% 0.007% 1.10% 1.40%
Vietnam % 0.035% 0.035% 0.028% 4.00% 4.00%