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New Zealand · Inflation rate

New Zealand Inflation rate

The World Bank — World Development Indicators (CC BY 4.0) · updated 2025-12-31

Latest · 20252.84%
Previous · 20242.92%
Highest · 198017.15%
Lowest · 1999-0.1143%

New Zealand's inflation rate stands at 2.84% as of 2025-12-31, down from 2.92% in 2024. Historical data runs from 1960 to 2025 (66 observations).

Recent trend

In 2025, New Zealand's inflation rate was 2.84%, down from 2.92% in 2024.

In 2024, New Zealand's inflation rate was 2.92%, down from 5.73% in 2023.

In 2023, New Zealand's inflation rate was 5.73%, down from 7.17% in 2022.

In 2022, New Zealand's inflation rate was 7.17%, up from 3.94% in 2021.

In 2021, New Zealand's inflation rate was 3.94%, up from 1.71% in 2020.

New Zealand Inflation rate — historical data

YearValueChange
20252.84%-0.083%
20242.92%-2.81%
20235.73%-1.44%
20227.17%+3.23%
20213.94%+2.23%
20201.71%+0.0949%
20191.62%+0.0213%
20181.6%-0.2525%
20171.85%+1.2%
20160.6462%+0.3535%
20150.2927%-0.9348%
20141.23%+0.0931%
20131.13%+0.0745%
20121.06%-2.97%
20114.03%+1.73%
20102.3%+0.1864%
20092.12%-1.84%
20083.96%+1.58%
20072.38%-0.9893%
20063.37%+0.3284%
20053.04%+0.7468%
20042.29%+0.5367%
20031.75%-0.9235%
20022.68%+0.0513%
20012.63%+0.0106%
20002.62%+2.73%
1999-0.1143%-1.38%
19981.27%+0.0781%
19971.19%-1.1%
19962.29%-1.47%
19953.75%+2.01%
19941.75%+0.4572%
19931.29%+0.2736%
19921.01%-1.59%
19912.6%-3.5%
19906.1%+0.3825%
19895.72%-0.6593%
19886.38%-9.37%
198715.74%+2.53%
198613.21%-2.2%
198515.42%+9.25%
19846.17%-1.17%
19837.34%-8.82%
198216.16%+0.7935%
198115.37%-1.78%
198017.15%+3.45%
197913.7%+1.74%
197811.96%-2.43%
197714.38%-2.52%
197616.91%+2.22%
197514.68%+3.58%
197411.11%+2.94%
19738.17%+1.23%
19726.93%-3.45%
197110.39%+3.87%
19706.52%+1.59%
19694.93%+0.6133%
19684.31%-1.74%
19676.06%+3.3%
19662.76%-0.642%
19653.4%-0.0774%
19643.47%+1.51%
19631.97%-0.7124%
19622.68%+0.8831%
19611.8%+1.1%
19600.6979%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

More New Zealand data

Frequently asked questions

What is New Zealand's inflation rate?

New Zealand's inflation rate is 2.84% as of 2025-12-31, compared with 2.92% in 2024. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest inflation rate in New Zealand?

The highest recorded value is 17.15% (1980); the lowest is -0.1143% (1999), across data from 1960 to 2025.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.