New Zealand — Inflation
Inflation, Consumer Prices (Annual %) for New Zealand, 1960–2025.
Latest value · 2025
2.84%
Inflation, Consumer Prices (Annual %) · annual % · +306.9% since 1960
Inflation for New Zealand was 2.84% in 2025, according to the latest World Bank data. The series covers 66 years, from 1960 to 2025. The highest recorded value was 17.15% in 1980. The lowest was -0.11% in 1999 (about -24.9× the low point). Across that span the compound annual growth rate works out to 2.18% per year.
New Zealand ranks 100 of 187 economies on this measure (1 = highest), putting it in the top 53%. The median for East Asia & Pacific is 2.21%, so New Zealand sits above it. It peaked in 1980 and has fallen 83% since. Over the last decade (2015–2025) the figure moved up 870%.
Key figures
Latest (2025)
2.84%
First (1960)
0.70%
Change
+306.9%
Highest
17.15%
in 1980
Lowest
-0.11%
in 1999
Average
5.36%
Annual growth (CAGR)
2.18%
Years of data
66
Recent years
| Year | annual % |
|---|---|
| 2025 | 2.84% |
| 2024 | 2.92% |
| 2023 | 5.73% |
| 2022 | 7.17% |
| 2021 | 3.94% |
| 2020 | 1.71% |
| 2019 | 1.62% |
| 2018 | 1.6% |
| 2017 | 1.85% |
| 2016 | 0.65% |
| 2015 | 0.29% |
| 2014 | 1.23% |
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.